Civic Intelligence

Feda Education Foundation

990EZ • Fiscal year 2016 • EIN 36-4405662

Jan 01, 2016 to Dec 31, 2016 • Filed on May 04, 2017

Organization ProfileN/A
2250 Point Boulevard - Suite 200Elgin, IL 60123

(224) 293-6500

Siviq Scores

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

Liabilities / Assets

84th percentile

0.26x

Higher debt load relative to assets than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

0.86x

Higher debt load relative to revenue than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

90th percentile

43%

Higher net margin than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets84th percentile

Assets

$210,738

No earlier filing loaded for comparison.

Net Assets

$156,163

No earlier filing loaded for comparison.

Liabilities

$54,575

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin90th percentile

Revenue

$63,723

No earlier filing loaded for comparison.

Expenses

$36,158

No earlier filing loaded for comparison.

Net Income

$27,565

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400K$200K$0-$200KAssets 2016: $210,738Liabilities 2016: $54,575Net Assets 2016: $156,1632016Assets 2017: $192,083Liabilities 2017: $0Net Assets 2017: $192,0832017Assets 2018: $214,908Liabilities 2018: $868Net Assets 2018: $214,0402018Assets 2019: $99,052Liabilities 2019: $3,924Net Assets 2019: $95,1282019Assets 2020: $51,757Liabilities 2020: $131,444Net Assets 2020: -$79,6872020Assets 2021: $77,277Liabilities 2021: $180,787Net Assets 2021: -$103,5102021Assets 2022: $32,570Liabilities 2022: $178,120Net Assets 2022: -$145,5502022Assets 2023: $28,185Liabilities 2023: $179,260Net Assets 2023: -$151,0752023Assets 2024: $38,192Liabilities 2024: $222,016Net Assets 2024: -$183,8242024

Highlighted filing

2016

Assets$210,738
Liabilities$54,575
Net Assets$156,163
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100K-$200KRevenue 2016: $63,723Expenses 2016: $36,158Net Income 2016: $27,5652016Revenue 2017: $71,843Expenses 2017: $35,923Net Income 2017: $35,9202017Revenue 2018: $63,626Expenses 2018: $41,669Net Income 2018: $21,9572018Revenue 2019: $75,134Expenses 2019: $194,046Net Income 2019: -$118,9122019Revenue 2020: $39,911Expenses 2020: $214,726Net Income 2020: -$174,8152020Revenue 2021: $43,388Expenses 2021: $67,211Net Income 2021: -$23,8232021Revenue 2022: $34,701Expenses 2022: $76,741Net Income 2022: -$42,0402022Revenue 2023: $69,876Expenses 2023: $75,401Net Income 2023: -$5,5252023Revenue 2024: $153,656Expenses 2024: $186,405Net Income 2024: -$32,7492024

Highlighted filing

2016

Revenue$63,723
Expenses$36,158
Net Income$27,565
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 4, 2017
Return Version
2016v3.0
Gross Receipts
$63,723
Mission and Program Overview

Mission

To promote training and education and expand industry knowledge of persons in the foodservice equipment and supply industry; to sponsor, co-sponsor, initiate or implement educational, scientific and research activities in the field of economics, business and other related fields in connection with the foodservice equipment and supply industry, and in so doing to cooperate with other organizations, individuals, foundations, educational institutions, or governmental agencies in conducting such activities in the public interest.

The foundation's goals are to sponsor, co-sponsor, initiate or implement educational, scientific and research activities in the field of economics, business and other related fields especially in connection with the food service equipment industry.

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS$26,185-
CURRICULUM DEVELOPMENT$3,000-
THE FOUNDATION'S GOALS ARE TO SPONSOR, CO-SPONSOR, INITIATE OR IMPLEMENT EDUCATIONAL, SCIENTIFIC AND RESEARCH ACTIVITIES IN THE FIELD OF ECONOMICS, BUSINESS AND OTHER RELATED FIELDS ESPECIALLY IN CONNECTION WITH THE FOOD SERVICE EQUIPMENT INDUSTRY.--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOE SCHMITTPresident-$0--
MASON GREENEVice President-$0--
JAY RINGELHEIMTreasurer-$0--
PAUL PARRSecretary-$0--
BRAD PIERCEChairman-$0--
RAYMOND W HERRICKExecutive V.P.-$0--
Filing and Contact Details

Filer

Filer Name
Feda Education Foundation
EIN
36-4405662
Phone
2242936500
Address
2250 POINT BOULEVARD - SUITE 200, ELGIN, IL 60123

Signing Officer

Name
Raymond W Herrick
Title
Executive V.P.
Signed
2017-05-04
Discuss with paid preparer
Yes

Preparer

Firm
Jacobs & Alpern LLC
Address
3000 Dundee Road Suite 312, Northbrook, IL 60062-2434
Preparer
Paul Alpern
Phone
8472910030
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: UNIVERSITY OF INDUSTRIAL DISTRIBUTION | Cash Amount Given: $26185 | Description of Property: CASH | Date of Gift: 20160101”

Other Expenses.1012

“Insurance $962”

Other Expenses.1

“Curriculum development $3000”

Other Expenses.2

“MISCELLANEOUS $725”

Other Expenses.3

“Dues & subscriptions $250”

Other Expenses.4

“EDUCATION $111”

Other Assets.1005

“Accounts Receivable - Beginning $3795 Accounts Receivable - Ending $8260”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $27280 Prepaid Expenses and Deferred Charges - Ending $28375”

Total Liabilities.1

“PREPAID CONTRIBUTIONS - Beginning $46130 PREPAID CONTRIBUTIONS - Ending $54575”

Raw XML Appendix163 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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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0RAYMOND W HERRICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive V.P.
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FEDA EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FEDA
ReturnHeader/Filer/EIN0364405662
ReturnHeader/Filer/PhoneNum02242936500
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ReturnHeader/PreparerPersonGrp/PhoneNum08472910030
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Paul Alpern
ReturnHeader/ReturnTs02017-05-04T11:13:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$210,738
Liabilities
$54,575
Net assets
$156,163
Revenue
$63,723
Expenses
$36,158
Net income
$27,565
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.38$2.22$1.84$1.54$1.86$0.33
2023Detailed filing. Detailed filing data is available for this year.$0.28$1.79$1.51$0.70$0.75$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.33$1.78$1.46$0.35$0.77$0.42
2021Detailed filing. Detailed filing data is available for this year.$0.77$1.81$1.04$0.43$0.67$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.52$1.31$0.80$0.40$2.15$1.75
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.04$0.95$0.75$1.94$1.19
2018Detailed filing. Detailed filing data is available for this year.$2.15$0.01$2.14$0.64$0.42$0.22
2017Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$0.72$0.36$0.36
2016Detailed filing. Detailed filing data is available for this year.$2.11$0.55$1.56$0.64$0.36$0.28