Civic Intelligence

Harvard Economic Development Corp

EIN 36-4442822 • 501(c)3 • Harvard, IL

Profile

Promote economic opportunity through education and training.

201 W Diggins St PO Box 623Harvard, IL 60033
Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

6th percentile

-59%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Assets

$556,210

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$556,210

No earlier filing loaded for comparison.

Revenue

$54,262

No earlier filing loaded for comparison.

Expenses

$86,036

No earlier filing loaded for comparison.

Net Income

-$31,774

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $556,210Liabilities 2015: $0Net Assets 2015: $556,2102015

Highlighted filing

2015

Assets$556,210
Liabilities$0
Net Assets$556,210

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $54,262Expenses 2015: $86,036Net Income 2015: -$31,7742015

Highlighted filing

2015

Revenue$54,262
Expenses$86,036
Net Income-$31,774

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$5.56$0.00$5.56$0.54$0.86$0.32
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 29, 2016
Return Version
2015v2.1
Gross Receipts
$54,262
Mission and Program Overview

Mission

Promote economic opportunity through education and training.

Promote economic opportunity through education and training

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$265,491$265,491→ $0
Cash and Non-Interest-Bearing Accounts$207,493$178,472▼ $29,021
Accounts Receivable$115,000$112,247▼ $2,753
Total Assets$587,984$556,210▼ $31,774
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$587,984$556,210▼ $31,774
Total Net Assets Fund Balance$587,984$556,210▼ $31,774
Total Liabilities and Net Assets / Fund Balance$587,984$556,210▼ $31,774

Asset Categories

AssetBook ValueDepreciationBasis
Land$265,491-$265,491
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark StrickerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$53,950
Program Service Revenue
$0
Investment Income
$312
Other Revenue
$0
Change in Net Assets
$-31,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$86,036
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$29,235$3,248-$32,483
Office Expenses$24,904$2,767-$27,671
Travel$12,245$1,360-$13,605
Insurance---$7,148
Other Expenses$2,912--$2,912
Conferences and Meetings$1,820$202-$2,022
Fees for Services Accounting-$195-$195
Total Functional Expenses$71,116$7,772$0$86,036
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part IV, Section C, Line 19

Financial statements are available for review upon request

Filing and Contact Details

Filer

Filer Name
Harvard Economic Development Corp
EIN
36-4442822
Phone
8159438788
Address
201 W DIGGINS ST PO BOX 623, HARVARD, IL 60033

Signing Officer

Name
Mark Stricker
Title
Treasurer
Signed
2016-06-29
Discuss with paid preparer
No

Organization Details

Principal Officer
Mark Stricker
Formed
2001
Legal Domicile
Il
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Stolbergcarlson & Associates
Address
51 N AYER ST, HARVARD, IL 60033
Preparer
Jill M Carlson
Phone
8159432402
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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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