Civic Intelligence

Ida Crown Jewish Academy Endowment Foundation

990 • Fiscal year 2021 • EIN 36-4421008

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 14, 2022

Organization ProfileN/A
30 South Wells Street No 4049Chicago, IL 60606

(312) 357-4790

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

8th percentile

0.00x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

89th percentile

58%

Higher net margin than 89% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

79th percentile

28%

Faster asset growth than 79% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

187%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$6,381,643

Up $1,395,210 (+28%) from 2020

Net Assets

Up

$6,381,643

Up $1,395,210 (+28%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin89th percentile

Revenue

Up

$797,937

Up $519,886 (+187%) from 2020

Expenses

Down

$334,721

Down $59,296 (-15%) from 2020

Net Income

Up

$463,216

Up $579,182 (+499%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth79th 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

2021

Assets$6,381,643
Liabilities$0
Net Assets$6,381,643
Open 2021 Filing

Operations Trend

Revenue Growth93rd percentile

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

2021

Revenue$797,937
Expenses$334,721
Net Income$463,216
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 14, 2022
Return Version
2020v4.2
Gross Receipts
$858,564
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$4,821,946$6,225,163▲ $1,403,217
Pledges and Grants Receivable$50,756$48,116▼ $2,640
Total Assets$4,986,433$6,381,643▲ $1,395,210
Other Assets Total$113,731$108,364▼ $5,367
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,546,939$4,238,651▲ $691,712
Net Assets With Donor Restrictions$1,439,494$2,142,992▲ $703,498
Total Net Assets Fund Balance$4,986,433$6,381,643▲ $1,395,210
Total Liabilities and Net Assets / Fund Balance$4,986,433$6,381,643▲ $1,395,210

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$6,225,163--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$4,986,433$518,727▲ $1,211,204-$6,381,643
2019$5,147,117$24,714▲ $208,619-$4,986,433
2018$5,189,272$143,376▲ $171,809-$5,147,117
2017$4,899,246$241,780▲ $347,269-$5,189,272
2016$4,707,899$120,180▲ $364,951-$4,899,246
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Lawrence FriedmanPresident
Jacques GliksbergVice-President
Aron RoutmanDirector
Dr Jeff KopinDirector
Dr Marc RubensteinDirector
Nathan H LichtensteinDirector
Rabbi Mordechai RaizmanDirector
David S RosenAssistant Secretary
Steven A WanderAssistant Secretary
James A PinkstonAssistant Treasurer
Peter ChiswickAssistant Treasurer
Tamara SugarSecretary
David PolsterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$518,727
Program Service Revenue
$0
Investment Income
$278,935
Other Revenue
$275
All Other Contributions
$518,727
Change in Net Assets
$463,216

Audited Revenue Reconciliation

Revenue per Audited Statements
$797,937
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$931,994
Total Revenue per Audited Statements
$1,729,931
Total Revenue per Form 990
$797,937
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$306,100
Other Expenses$28,621
Total Fundraising Expense$18,254
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$306,100--$306,100
Other Expenses$1,125$9,242$18,254$1,125
Total Functional Expenses$307,225$9,242$18,254$334,721

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$334,721
Total Expenses per Audited Statements$334,721
Total Expenses per Form 990$334,721
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ida Crown Jewish AcademySkokie, IL501(c)(3)General Operating Support$306,100
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 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
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 11B

“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. 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

Filer Name
Ida Crown Endowment Foundation
EIN
36-4421008
Phone
3123574790
Address
30 South Wells Street No 4049, Chicago, IL 60606

Signing Officer

Name
James A Pinkston
Title
Assistant Treasurer
Phone
3123574790
Signed
2022-03-14
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
13

Preparer

Firm
Rsm US Llp
Address
30 S Wacker Drive Ste 3300, Chicago, IL 60606
Preparer
Rebekuh Eley
Phone
3126343400
Supplemental Narrative

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, 2021, 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 fiscal years before 2018.”

Raw XML AppendixShowing 400 of 499 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The Foundation was established exclusively for the benefit and to carry out the purposes of the Ida Crown Jewish Academy, a not-for-profit organization.
IRS990/AllOtherContributionsAmt0518727
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Edith Summerville
IRS990/BooksInCareOfDetail/PhoneNum03123574787
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt030 South Wells Street Suite 4049
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060606
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0518727
IRS990/CYGrantsAndSimilarPaidAmt0306100
IRS990/CYInvestmentIncomeAmt0278935
IRS990/CYOtherExpensesAmt028621
IRS990/CYOtherRevenueAmt0275
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0463216
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0334721
IRS990/CYTotalFundraisingExpenseAmt018254
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0797937
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Distributions are made for the benefit of the Ida Crown Jewish Academy.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01439494
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02142992
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0307225
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.30
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0Lawrence Friedman
IRS990/Form990PartVIISectionAGrp/PersonNm1Jacques Gliksberg
IRS990/Form990PartVIISectionAGrp/PersonNm2David Polster
IRS990/Form990PartVIISectionAGrp/PersonNm3Tamara Sugar
IRS990/Form990PartVIISectionAGrp/PersonNm4Aron Routman
IRS990/Form990PartVIISectionAGrp/PersonNm5Dr Jeff Kopin
IRS990/Form990PartVIISectionAGrp/PersonNm6Dr Marc Rubenstein
IRS990/Form990PartVIISectionAGrp/PersonNm7Nathan H Lichtenstein
IRS990/Form990PartVIISectionAGrp/PersonNm8Rabbi Mordechai Raizman
IRS990/Form990PartVIISectionAGrp/PersonNm9David S Rosen
IRS990/Form990PartVIISectionAGrp/PersonNm10Steven A Wander
IRS990/Form990PartVIISectionAGrp/PersonNm11James A Pinkston
IRS990/Form990PartVIISectionAGrp/PersonNm12Peter Chiswick
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt11Assistant Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt12Assistant Treasurer
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0274094
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0306100
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0306100
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0306100
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0334721
IRS990/GrossReceiptsAmt0858564
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt04841
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04841
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04821946
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06225163
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt060627
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Foundation was established exclusively for the benefit and to carry out the purposes of the Ida Crown Jewish Academy, a not-for-profit organization.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04986433
IRS990/NetAssetsOrFundBalancesEOYAmt06381643
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0274094
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0274094
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0931994
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03546939
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04238651
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0113731
IRS990/OtherAssetsTotalGrp/EOYAmt0108364
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Allocated Expenses
IRS990/OtherExpensesGrp/Desc1Bad Debt Expense
IRS990/OtherExpensesGrp/FundraisingAmt018254
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09242
IRS990/OtherExpensesGrp/ProgramServicesAmt01125
IRS990/OtherExpensesGrp/TotalAmt027496
IRS990/OtherExpensesGrp/TotalAmt11125
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/ExclusionAmt0275
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0275
IRS990/OtherRevenueTotalAmt0275
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt050756
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt048116
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Lawrence Friedman
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt024714
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0362000
IRS990/PYInvestmentIncomeAmt0253337
IRS990/PYOtherExpensesAmt032017
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-115966
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0394017
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0278051
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0463216
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0362167009
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0306100
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Ida Crown Jewish Academy
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0306100
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/BoardDesignatedBalanceEOYPct00.66419
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt028621
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04986433
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0518727
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt06381643
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0306100
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01211204
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt032017
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05147117
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt024714
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04986433
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0362000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0208619
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt046940
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt05189272
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0143376
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05147117
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0310400
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0171809
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt037923
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04899246
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0241780
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt05189272
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0261100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0347269
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt071698
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04707899
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0120180
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04899246
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0222086
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0364951
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0334721
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0931994
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt06225163
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Jewish Federation of Metropolitan Chicago Pooled Endowment Portfolio, LLC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.12166
IRS990ScheduleD/RevenueNotReportedAmt0931994
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0797937
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, 2021, 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 fiscal years before 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.21414
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt06225163
IRS990ScheduleD/TotalExpensesPerForm990Amt0334721
IRS990ScheduleD/TotalRevenuePerForm990Amt0797937
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01729931
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0334721
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0306100
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Operating Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Ida Crown Jewish Academy
IRS990ScheduleI/RecipientTable/RecipientEIN0362167009
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt08233 Central Park Avenue
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Skokie
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060076
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. 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/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 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Ida Crown Jewish Academy
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0362167009
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08233 Central Park Avenue
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Skokie

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,381,643
Liabilities
$0
Net assets
$6,381,643
Revenue
$797,937
Expenses
$334,721
Net income
$463,216
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
2021Detailed filing. Detailed filing data is available for this year.$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