Civic Intelligence

Ida Crown Jewish Academy Endowment Foundation

990 • Fiscal year 2014 • EIN 36-4421008

Jul 01, 2013 to Jun 30, 2014 • Filed on May 07, 2015

Organization ProfileN/A
30 South Wells No 404960606

(312) 357-4790

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

13th percentile

0.00x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

33rd percentile

-2.3%

Higher net margin than 33% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

94th percentile

72%

Faster asset growth than 94% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Balance Sheet
Liabilities / Assets13th percentile

Assets

Up

$2,579,131

Up $1,078,977 (+72%) from 2013

Net Assets

Up

$2,579,131

Up $1,078,977 (+72%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin33rd percentile

Revenue

$75,376

No earlier filing loaded for comparison.

Expenses

Up

$77,100

Up $52,795 (+217%) from 2013

Net Income

-$1,724

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $1,053,440Liabilities 2012: $0Net Assets 2012: $1,053,4402012Assets 2013: $1,500,154Liabilities 2013: $0Net Assets 2013: $1,500,1542013Assets 2014: $2,579,131Liabilities 2014: $0Net Assets 2014: $2,579,1312014Assets 2015: $5,009,543Liabilities 2015: $0Net Assets 2015: $5,009,5432015Assets 2016: $4,707,899Liabilities 2016: $0Net Assets 2016: $4,707,8992016Assets 2017: $4,899,246Liabilities 2017: $0Net Assets 2017: $4,899,2462017Assets 2018: $5,189,272Liabilities 2018: $0Net Assets 2018: $5,189,2722018Assets 2019: $5,147,117Liabilities 2019: $0Net Assets 2019: $5,147,1172019Assets 2020: $4,986,433Liabilities 2020: $0Net Assets 2020: $4,986,4332020Assets 2021: $6,381,643Liabilities 2021: $0Net Assets 2021: $6,381,6432021Assets 2022: $5,795,613Liabilities 2022: $0Net Assets 2022: $5,795,6132022Assets 2023: $6,173,257Liabilities 2023: $0Net Assets 2023: $6,173,2572023Assets 2024: $6,865,111Liabilities 2024: $0Net Assets 2024: $6,865,1112024Assets 2025: $7,059,313Liabilities 2025: $40,000Net Assets 2025: $7,019,3132025

Highlighted filing

2014

Assets$2,579,131
Liabilities$0
Net Assets$2,579,131
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $48,1002012Expenses 2013: $24,3052013Revenue 2014: $75,376Expenses 2014: $77,100Net Income 2014: -$1,7242014Revenue 2015: $2,619,491Expenses 2015: $97,145Net Income 2015: $2,522,3462015Revenue 2016: $70,137Expenses 2016: $233,828Net Income 2016: -$163,6912016Revenue 2017: $207,154Expenses 2017: $293,784Net Income 2017: -$86,6302017Revenue 2018: $678,434Expenses 2018: $299,023Net Income 2018: $379,4112018Revenue 2019: $345,274Expenses 2019: $357,340Net Income 2019: -$12,0662019Revenue 2020: $278,051Expenses 2020: $394,017Net Income 2020: -$115,9662020Revenue 2021: $797,937Expenses 2021: $334,721Net Income 2021: $463,2162021Revenue 2022: $709,840Expenses 2022: $372,212Net Income 2022: $337,6282022Revenue 2023: $369,295Expenses 2023: $350,393Net Income 2023: $18,9022023Revenue 2024: $327,326Expenses 2024: $357,783Net Income 2024: -$30,4572024Revenue 2025: $946,702Expenses 2025: $412,788Net Income 2025: $533,9142025

Highlighted filing

2014

Revenue$75,376
Expenses$77,100
Net Income-$1,724
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 7, 2015
Return Version
2013v4.0
Gross Receipts
$137,829
Mission and Program Overview

Mission

The foundation was established exclusively for the benefit of and to carry out the purposes of the ida crown jewish academy, a not-for-profit organization.

The Foundation was established exclusively for the benefit and to carry out the purposes of the Ida Crown Jewish Academy, a not-for-profit organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,185,894$1,364,156▲ $178,262
Total Assets$1,500,154$2,579,131▲ $1,078,977
Other Assets Total$314,260$1,214,975▲ $900,715
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$579,936$1,588,781▲ $1,008,845
Permanently Rstr Net Assets$660,000$710,000▲ $50,000
Unrestricted Net Assets$260,218$280,350▲ $20,132
Total Net Assets Fund Balance$1,500,154$2,579,131▲ $1,078,977
Total Liabilities and Net Assets / Fund Balance$1,500,154$2,579,131▲ $1,078,977

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$136,500--
Other Securities$1,364,156--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$1,500,154$960,715▲ $195,362-$2,579,131
2012$1,053,440$378,912▲ $92,107-$1,500,154
2011$951,043$148,120▲ $2,377-$1,053,440
2010$691,651$194,090▲ $115,002-$951,043
2009$666,372$25▲ $73,254-$691,651
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Lawrence FriedmanPresident
Gary ElkinsVice-President
Aron RoutmanDirector
Dr Jeff KopinDirector
Dr Marc RubensteinDirector
Nathan H LichtensteinDirector
Rabbi Mordechai RaizmanDirector
David S RosenAssistant Secretary
Deborah SilvermanAssistant Secretary
James A PinkstonAssistant Treasurer
Michael TarnoffAssistant Treasurer
Peter ChiswickAssistant Treasurer
Ronnie MaslianskySecretary
Jacques GliksbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$50,000
Program Service Revenue
$0
Investment Income
$25,275
Other Revenue
$101
All Other Contributions
$50,000
Change in Net Assets
$-1,724

Audited Revenue Reconciliation

Revenue per Audited Statements
$75,376
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,080,701
Total Revenue per Audited Statements
$1,156,077
Total Revenue per Form 990
$75,376
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$77,100
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$77,100--$77,100
Total Functional Expenses$77,100$0$0$77,100

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$77,100
Total Expenses per Audited Statements$77,100
Total Expenses per Form 990$77,100
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
36-2167009-501(c)(3)General Operating Support$77,100
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The Members of the Foundation are the Ida Crown Jewish Academy Day School (the Day School), the Jewish Federation of Metropolitan Chicago (the Federation), and Associated Talmud Torahs (ATT).”

Form 990, Part VI, Section A, line 7A

“The Members shall appoint the Board of Directors. The board of directors shall have nine directors divided into three classes: The Day School directors, of which there shall be five; Federation directors, of which there shall be two; and ATT directors, of which there shall be two.”

Form 990, Part VI, Section A, line 7B

“An annual meeting of Members shall be held each year on a date determined annually by the Board of Directors. At each such annual meeting the Members shall appoint a Board of Directors as provided in the by-laws and transact such other business as may come before the meeting.”

Form 990, Part VI, Section B, line 11

“The Controller of a related entity of the Jewish Federation of Metropolitan Chicago reviewed the Form 990 prior to filing. A copy of the Form 990 was provided to the Board of Directors and Officers of the organization before it was filed.”

Form 990, Part VI, Section B, line 12C

“A conflict of interest questionnaire is circulated to all board members on an annual basis. This process is managed by the Foundation's Secretary who ensures all questionnaires are completed. The completed questionnaires are reviewed and any conflicts are disclosed to the board of directors. If a director does have a conflict or business relationship, he or she is required to abstain from any votes related to that matter.”

Form 990, Part VI, Section C, line 19

“The governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in IRC Section 6104(d).”

Filing and Contact Details

Filer

EIN
36-4421008
Phone
3123574790

Signing Officer

Name
James A Pinkston
Title
Assistant Treasurer
Phone
3123574790
Signed
2015-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lawrence Friedman
Formed
2000
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
14

Preparer

Preparer
Zack Fortsch
Phone
3126343400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Change in Remainder Interest in Charitable Gift Annuities 136,500. Transfer of Funds from Jewish Federation of Metropolitan Chicago 774,215.”

Financial Statement Notes

Part V, Line 4:

“To support the educational programs of the academy.”

Part X, Line 2:

“The accounting standard for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2014, there were no unrecognized tax benefits identified or recorded as liabilities. The Foundation files Forms 990 in the U.S. federal jurisdiction and the State of Illinois. With few exceptions, the Foundation is no longer subject to examination by the Internal Revenue Service for years before 2011.”

Part XI, Line 2D - Other Adjustments:

“Change in Remainder Interest in Charitable Gift Annuities 136,500. Transfer of Funds from Jewish Federation of Metropolitan Chicago 774,215.”

Raw XML AppendixShowing 400 of 491 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/NetAssetsOrFundBalancesEOYAmt02579131
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt014647
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt014647
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0169986
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0314260
IRS990/OtherAssetsTotalGrp/EOYAmt01214975
IRS990/OtherChangesInNetAssetsAmt0910715
IRS990/OtherRevenueTotalAmt0101
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0660000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0710000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Lawrence Friedman
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0378912
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt023000
IRS990/PYInvestmentIncomeAmt067387
IRS990/PYOtherExpensesAmt01305
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0421994
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt024305
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0446299
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1724
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0362167009
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc02
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt077100
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10Ida Crown Jewish Academy
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt077100
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.10870
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01500154
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0960715
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02579131
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt077100
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0195362
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01305
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01053440
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0378912
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01500154
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt023000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt092107
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0951043
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0148120
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01053440
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt048100
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02377
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0691651
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0194090
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0951043
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt049700
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0115002
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0666372
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt025
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0691651
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt048000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt073254
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt077100
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0169986
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01078475
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1136500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from Jewish Federation of Metropolitan Chicago
IRS990ScheduleD/OtherRevenueAmt0910715
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01364156
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Jewish Federation of Metropolitan Chicago Pooled Investment Fund
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.27530
IRS990ScheduleD/RevenueNotReportedAmt01080701
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt075376
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0To support the educational programs of the academy.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The accounting standard for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2014, there were no unrecognized tax benefits identified or recorded as liabilities. The Foundation files Forms 990 in the U.S. federal jurisdiction and the State of Illinois. With few exceptions, the Foundation is no longer subject to examination by the Internal Revenue Service for years before 2011.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Change in Remainder Interest in Charitable Gift Annuities 136,500. Transfer of Funds from Jewish Federation of Metropolitan Chicago 774,215.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.61600
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01214975
IRS990ScheduleD/TotalBookValueSecuritiesAmt01364156
IRS990ScheduleD/TotalExpensesPerForm990Amt077100
IRS990ScheduleD/TotalRevenuePerForm990Amt075376
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01156077
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt077100
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt077100
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Operating Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10Ida Crown Jewish Academy
IRS990ScheduleI/RecipientTable/RecipientEIN0362167009
IRS990ScheduleI/RecipientTable/USAddress/AddressLine102828 W Pratt Blvd
IRS990ScheduleI/RecipientTable/USAddress/City0Chicago
IRS990ScheduleI/RecipientTable/USAddress/State0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode060645
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0All grants made by the Foundation can only be made to or for the benefit of the Ida Crown Jewish Academy.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Members of the Foundation are the Ida Crown Jewish Academy Day School (the Day School), the Jewish Federation of Metropolitan Chicago (the Federation), and Associated Talmud Torahs (ATT).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Members shall appoint the Board of Directors. The board of directors shall have nine directors divided into three classes: The Day School directors, of which there shall be five; Federation directors, of which there shall be two; and ATT directors, of which there shall be two.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2An annual meeting of Members shall be held each year on a date determined annually by the Board of Directors. At each such annual meeting the Members shall appoint a Board of Directors as provided in the by-laws and transact such other business as may come before the meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Controller of a related entity of the Jewish Federation of Metropolitan Chicago reviewed the Form 990 prior to filing. A copy of the Form 990 was provided to the Board of Directors and Officers of the organization before it was filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A conflict of interest questionnaire is circulated to all board members on an annual basis. This process is managed by the Foundation's Secretary who ensures all questionnaires are completed. The completed questionnaires are reviewed and any conflicts are disclosed to the board of directors. If a director does have a conflict or business relationship, he or she is required to abstain from any votes related to that matter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in IRC Section 6104(d).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Change in Remainder Interest in Charitable Gift Annuities 136,500. Transfer of Funds from Jewish Federation of Metropolitan Chicago 774,215.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, line 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10Ida Crown Jewish Academy
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0362167009
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine102828 W Pratt Blvd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0Chicago
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode060645
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,579,131
Liabilities
$0
Net assets
$2,579,131
Revenue
$75,376
Expenses
$77,100
Net income
-$1,724
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.06$0.04$7.02$0.95$0.41$0.53
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.87$0.00$6.87$0.33$0.36$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.17$0.00$6.17$0.37$0.35$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.80$0.00$5.80$0.71$0.37$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.38$0.00$6.38$0.80$0.33$0.46
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.99$0.00$4.99$0.28$0.39$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.15$0.00$5.15$0.35$0.36$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.19$0.00$5.19$0.68$0.30$0.38
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.90$0.00$4.90$0.21$0.29$0.09
2016Detailed filing. Detailed filing data is available for this year.$4.71$0.00$4.71$0.07$0.23$0.16
2015Detailed filing. Detailed filing data is available for this year.$5.01$0.00$5.01$2.62$0.10$2.52
2014Detailed filing. Detailed filing data is available for this year.$2.58$0.00$2.58$0.08$0.08$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.00$1.05$0.05