Victor Salvi Foundation

990PF • Fiscal year 2017 • EIN 36-4360186

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2018

Organization Profile

6462 Hanover CtLisle, IL 60532-3218

(847) 387-9589

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

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

2017 filings • <$500k nonprofits • Source year 2017

0.00x

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

2017 filings • <$500k nonprofits • Source year 2017

2.3%

Higher net margin than 49% of similar nonprofits.

2017 filings • <$500k nonprofits • Source year 2017

Higher top officer pay than 77% of similar nonprofits.

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

2017 filings • <$500k nonprofits • Source year 2017

11%

Faster asset growth than 66% of similar nonprofits.

2017 filings • <$500k nonprofits • Annualized from 2016 to 2017

-13%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets59th percentile

Assets

$113,333

Up $10,799 (+11%) from 2016

Net Assets

$113,333

Up $10,799 (+11%) from 2016

Liabilities

Flat

Flat from 2016

Revenue And Expenses

Liabilities / Revenue59th percentile Net Margin49th percentile

Revenue

Down

$466,444

Down $67,569 (-13%) from 2016

Expenses

Down

$455,645

Down $107,919 (-19%) from 2016

Net Income

$10,799

Up $40,350 (+137%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2017

Assets$113,333

Liabilities$0

Net Assets$113,333

Open 2017 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2017

Revenue$466,444

Expenses$455,645

Net Income$10,799

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: May 10, 2018
Return Version: 2017v2.2

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JULIA TERESA TORRES FORERO	President	-	$0	-	-
EDWARD G LUDWIG	Treasurer	-	$0	-	-
CAROLYN CLARKE	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Victor Salvi Foundation
EIN: 36-4360186
Phone: 8473879589
Address: 6462 Hanover Ct, Lisle, IL 60532-3218

Signing Officer

Name: Ed Ludwig
Title: Treasurer - Director
Phone: 8473879589
Signed: 2018-05-10

Preparer

Firm: Midwest Group Accounting & Tax Services
Address: 2029 Ogden Ave, Lisle, IL 60532
Preparer: Dario Delfiacco CPA
Phone: 6305152180

Raw XML Appendix334 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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AllOthProgRltdInvestmentsSch/AllOtherProgramRelatedInvstGrp/Desc	0	None
IRS990PF/AnalysisIncomeProducingActyGrp/ProgramServiceRevPartVIIGrp/Desc	0	Festival Package Sales
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	0	JULIA TERESA TORRES FORERO
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	2	CAROLYN CLARKE
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	2	Director
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	2	USA 6462 Hanover Ct
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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt	1	which includes performances, lectures and exhibits to promote
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt	2	young and aspiring musical artists.
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IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt	0	2646
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt	0	3895
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt	0	Michelle Worldwide LTD
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt	1	JP Morgan Chase
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	1
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	1	2
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	2	3
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	3	4
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	4	5
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	0	BEATRICE MARIO SANTO DOMINGO
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	1	MAYRA E ESQUENAZI
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	2	ANDRES URIBE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	0	740 Park Ave
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	1	Clemencia Velandia 193 55 Turnberry
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	2	563 Park Ave Apt 11W
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	3	1408 Brickle Bay Drive
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	4	PO Box 659754
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	0	New York
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	1	Aventura
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	2	New York
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	3	Miami
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	4	San Antonio
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	0	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	1	FL
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	2	NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	3	FL
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	4	TX
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	0	10021
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	1	33180
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	2	10065
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	3	33131
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	4	78265
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	0	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	1	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	2	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	3	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	4	X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	124772
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	1	38841
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	2	110000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	3	6936
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	4	28000
IRS990ScheduleB/GeneralRuleInd	0	X
IRS990ScheduleB/Organization501c3ExemptPFInd	0	X
LegalFeesSchedule/LegalFeesGrp/CategoryTxt	0	MomKus McCluskey LLC Legal
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt	0	218
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	Licenses
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	Office Management Fee
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	2	Bank Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	3	Merchant Account Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	4	Postage Mailings
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	5	General Festival Mgmt Fee
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	6	Orchestra Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	7	Performers, Musician Costs
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	8	Insurance Liability & D&O
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	9	Scholarships
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	0	10
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	1	24000
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	2	1440
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	3	2751
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	4	228
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	5	36249
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	6	161753
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	7	67729
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	8	934
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	9	10000
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	0	10
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	1	24000
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	2	1440
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	3	2751
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	4	228
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	5	36249
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	6	161753
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	7	67729
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	8	934
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	9	10000
OtherIncomeSchedule2/OtherIncomeDetail/Desc	0	Festival Package Sales
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt	0	157047
ReturnHeader/BuildTS	0	2018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	ED LUDWIG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER - DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8473879589
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	Victor Salvi Foundation
ReturnHeader/Filer/BusinessNameControlTxt	0	VICT
ReturnHeader/Filer/EIN	0	364360186
ReturnHeader/Filer/PhoneNum	0	8473879589
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	6462 Hanover Ct
ReturnHeader/Filer/USAddress/CityNm	0	Lisle
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	IL
ReturnHeader/Filer/USAddress/ZIPCd	0	605323218
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	9AF534965A17ABC13F31E5AF1C25299A980541DD
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	9AF534965A17ABC13F31E5AF1C25299A980541DD
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	67.184.27.240
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-05-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	PD
ReturnHeader/FilingSecurityInformation/IPTm	0	07:45:50
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Midwest Group Accounting & Tax Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	2029 Ogden Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Lisle
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	60532
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6305152180
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2018-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	DARIO DELFIACCO CPA
ReturnHeader/ReturnTs	0	2018-05-11T07:46:12-07:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

Document Assets

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Filings

Displayed year

2017 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $113,333
Liabilities: $0
Net assets: $113,333
Revenue: $466,444
Expenses: $455,645
Net income: $10,799

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.04	$0.76	$0.72	$1.75	$1.76	$0.01
2023Detailed filing. Detailed filing data is available for this year.	$0.05	$0.76	$0.71	$4.14	$4.38	$0.24
2022Detailed filing. Detailed filing data is available for this year.	$0.29	$0.76	$0.47	$3.45	$2.84	$0.61
2021Detailed filing. Detailed filing data is available for this year.	$0.47	$1.55	$1.08	$1.88	$1.79	$0.09
2020Detailed filing. Detailed filing data is available for this year.	$0.38	$1.55	$1.17	$3.43	$3.22	$0.21
2019Detailed filing. Detailed filing data is available for this year.	$0.12	$1.50	$1.38	$6.78	$8.40	$1.62
2018Detailed filing. Detailed filing data is available for this year.	$0.25	$0.00	$0.25	$6.30	$7.18	$0.88
2017Detailed filing. Detailed filing data is available for this year.	$1.13	$0.00	$1.13	$4.66	$4.56	$0.11
2016Detailed filing. Detailed filing data is available for this year.	$1.03	$0.00	$1.03	$5.34	$5.64	$0.30
2015Detailed filing. Detailed filing data is available for this year.	$1.32	$0.00	$1.32	$5.81	$5.09	$0.71