Civic Intelligence

Greater Rock Development Corporation

EIN 36-4219235 • 501(c)3 • Chicago, IL

Profile

Our mission is to empower chicago communities socially, economically and culturally. Our vision is to transform violent chicago communities one block at a time

718 S IndependenceChicago, IL 60624

www.greaterrockdc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

80th percentile

28%

Higher net margin than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

99th percentile

1444%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

87th percentile

65%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

$238,352

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$238,352

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin80th percentile

Revenue

$343,867

No earlier filing loaded for comparison.

Expenses

$246,337

No earlier filing loaded for comparison.

Net Income

$97,530

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2024: $238,352Liabilities 2024: $0Net Assets 2024: $238,3522024

Highlighted filing

2024

Assets$238,352
Liabilities$0
Net Assets$238,352
Open 2024 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0Revenue 2024: $343,867Expenses 2024: $246,337Net Income 2024: $97,5302024

Highlighted filing

2024

Revenue$343,867
Expenses$246,337
Net Income$97,530
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$238,352
Liabilities
$0
Net assets
$238,352
Revenue
$343,867
Expenses
$246,337
Net income
$97,530
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.00$2.38$3.44$2.46$0.98
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 23, 2025
Return Version
2023v6.0
Gross Receipts
$343,867
Mission and Program Overview

Mission

Our mission is to empower chicago communities socially, economically and culturally. Our vision is to transform violent chicago communities one block at a time

Our mission is to empower chicago communities socially, economically and culturally. Our vision is to transform violent chicago communities one block at a time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$58,157$238,352▲ $180,195
Land, Buildings, and Equipment, Net-$174,109-
Investments Program Related-$58,342-
Cash and Non-Interest-Bearing Accounts$84,691$5,901▼ $78,790
Total Assets$84,691$238,352▲ $153,661
Liabilities
Deferred Revenue$15,024--
Unsecured Notes Loans Payable$11,510--
Total Liabilities$26,534$0▼ $26,534
Net Assets / Fund Balance
Total Net Assets Fund Balance$58,157$238,352▲ $180,195
Total Liabilities and Net Assets / Fund Balance$84,691$238,352▲ $153,661

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$174,109--
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
James Floyd SrPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$343,867
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$97,530
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$175,993
Grants and Similar Amounts Paid$42,600
Other Expenses$27,744
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$148,133--$148,133
Grants to Domestic Individuals$42,600--$42,600
Payroll Taxes$27,860--$27,860
Other Expenses$18,744--$18,744
Occupancy$9,000--$9,000
Total Functional Expenses$246,337$0$0$246,337
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Greater Rock Development Corporation
EIN
36-4219235
Phone
7737227701
Address
718 S INDEPENDENCE, CHICAGO, IL 60624

Signing Officer

Name
James Floyd
Title
President
Phone
7737227701
Signed
2025-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Floyd Sr
Formed
2020
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Antonio Jones Consulting
Address
205 N MICHIGAN, CHICAGO, IL 60601
Preparer
Antonio Jones
Phone
7087693934
Supplemental Narrative

Additional Explanations

Form 990 - Supplemental Information

“Form 990, pat vi, line 8b - documentation by committe explanation documentation is avalaible upon request. Form 990, part vi, line 11b - organization s process to review form 990 form 990 is reviewed during a board meeting or sent out individually with requests for comment. Form 990, part vi, line 15a - compensation process for top official the ceo is not compensated. Form 990, part vi, line 19 - governing documents disclosure explanation when a request is made, the information is put together and sent out within a few days.”

Raw XML Appendix264 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GrantsToIndividualsInd0false
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IRS990/PriorPeriodAdjustmentsAmt082665
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IRS990/PYOtherExpensesAmt082827
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PAT VI, LINE 8B - DOCUMENTATION BY COMMITTE EXPLANATION DOCUMENTATION IS AVALAIBLE UPON REQUEST. FORM 990, PART VI, LINE 11B - ORGANIZATION S PROCESS TO REVIEW FORM 990 FORM 990 IS REVIEWED DURING A BOARD MEETING OR SENT OUT INDIVIDUALLY WITH REQUESTS FOR COMMENT. FORM 990, PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL THE CEO IS NOT COMPENSATED. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION WHEN A REQUEST IS MADE, THE INFORMATION IS PUT TOGETHER AND SENT OUT WITHIN A FEW DAYS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - SUPPLEMENTAL INFORMATION
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ReturnHeader/TaxPeriodEndDt02024-06-30
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