Civic Intelligence

The H Foundation

990 • Fiscal year 2015 • EIN 36-4461974

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

60 S Lagrange RoadLagrange, IL 60525

(708) 352-5240

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

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

Liabilities / Revenue

25th percentile

0.00x

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

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

Net Margin

38th percentile

-0.6%

Higher net margin than 38% of similar nonprofits.

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

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

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

Asset Growth

14th percentile

-12%

Faster asset growth than 14% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

84th percentile

39%

Faster revenue growth than 84% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$62,752

Down $8,520 (-12%) from 2014

Net Assets

Down

$62,752

Down $2,847 (-4.3%) from 2014

Liabilities

Down

$0

Down $5,673 (-100%) from 2014

Revenue

Up

$468,432

Up $131,021 (+39%) from 2014

Expenses

Up

$471,279

Up $148,457 (+46%) from 2014

Net Income

Down

-$2,847

Down $17,436 (-120%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $106,810Liabilities 2011: $49,431Net Assets 2011: $57,3792011Assets 2013: $176,010Liabilities 2013: $125,000Net Assets 2013: $51,0102013Assets 2014: $71,272Liabilities 2014: $5,673Net Assets 2014: $65,5992014Assets 2015: $62,752Liabilities 2015: $0Net Assets 2015: $62,7522015Assets 2016: $57,631Liabilities 2016: $4,027Net Assets 2016: $53,6042016Assets 2017: $66,558Liabilities 2017: $7,441Net Assets 2017: $59,1172017Assets 2018: $42,080Liabilities 2018: $1,705Net Assets 2018: $40,3752018Assets 2019: $40,138Liabilities 2019: $5,810Net Assets 2019: $34,3282019Assets 2020: $101,120Liabilities 2020: $1,146Net Assets 2020: $99,9742020Assets 2021: $24,089Liabilities 2021: $0Net Assets 2021: $24,0892021Assets 2022: $116,640Liabilities 2022: $6,634Net Assets 2022: $110,0062022Assets 2023: $64,185Liabilities 2023: $5,547Net Assets 2023: $58,6382023Assets 2024: $625,411Liabilities 2024: $528,950Net Assets 2024: $96,4612024

Highlighted filing

2015

Assets$62,752
Liabilities$0
Net Assets$62,752

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $390,2352011Revenue 2013: $302,340Expenses 2013: $230,289Net Income 2013: $72,0512013Revenue 2014: $337,411Expenses 2014: $322,822Net Income 2014: $14,5892014Revenue 2015: $468,432Expenses 2015: $471,279Net Income 2015: -$2,8472015Revenue 2016: $410,967Expenses 2016: $420,115Net Income 2016: -$9,1482016Revenue 2017: $499,284Expenses 2017: $493,771Net Income 2017: $5,5132017Revenue 2018: $509,132Expenses 2018: $527,874Net Income 2018: -$18,7422018Revenue 2019: $602,696Expenses 2019: $608,743Net Income 2019: -$6,0472019Revenue 2020: $187,553Expenses 2020: $121,907Net Income 2020: $65,6462020Revenue 2021: $235,977Expenses 2021: $311,862Net Income 2021: -$75,8852021Revenue 2022: $922,818Expenses 2022: $830,834Net Income 2022: $91,9842022Revenue 2023: $683,199Expenses 2023: $734,567Net Income 2023: -$51,3682023Revenue 2024: $770,386Expenses 2024: $732,563Net Income 2024: $37,8232024

Highlighted filing

2015

Revenue$468,432
Expenses$471,279
Net Income-$2,847
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$705,933
Mission and Program Overview

Mission

The h foundation was established to raise funds for basic science cancer research, supporting the early, novel ideas that may lead research teams to obtain additional grants and advancements in the fight against cancer.

The h foundation is established for charitable and educational purposes and scientific research relating to the fight against cancer.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$71,272$57,752▼ $13,520
Total Assets$71,272$62,752▼ $8,520
Other Assets Total$0$5,000▲ $5,000
Liabilities
Accounts Payable and Accrued Expenses$5,673$0▼ $5,673
Total Liabilities$5,673$0▼ $5,673
Net Assets / Fund Balance
Unrestricted Net Assets$65,599$62,752▼ $2,847
Total Net Assets Fund Balance$65,599$62,752▼ $2,847
Total Liabilities and Net Assets / Fund Balance$71,272$62,752▼ $8,520

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$5,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
John G RotPresident
Michael LapidusVice President
Mark ShaplandSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$230,011
Program Service Revenue
$0
Investment Income
$115
Other Revenue
$238,306
Change in Net Assets
$-2,847

Audited Revenue Reconciliation

Revenue per Audited Statements
$468,432
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$237,501
Total Revenue per Audited Statements
$705,933
Total Revenue per Form 990
$468,432
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$385,000
Other Expenses$86,279
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$385,000--$385,000
All Other Expenses$3,814--$3,814
Other Expenses$2,765--$2,765
Total Functional Expenses$471,279$0$0$471,279

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$708,780
Expenses per Audited Statements$471,279
Total Expenses per Form 990$471,279
Expenses Not Reported on Form 990$237,501
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
NORTHWESTERN UNIVERSITY - Robert h lurie Cancer CENTERChicago, IL501(c)(3)Cancer Research$385,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$475,807
Fundraising Direct Expenses$237,501
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Events$705,818$475,807$127,455$348,352
Total Events$705,818$475,807$237,501$238,306
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
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

The organization reviews the form 990 prepared by its outside accountants before it is filed.

Form 990, Part VI, Section C, line 19

The organization provides its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The H Foundation
EIN
36-4461974
Phone
7083525240
Address
60 S LAGRANGE ROAD, LAGRANGE, IL 60525

Signing Officer

Name
John G Rot
Title
President
Phone
7083525240
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John G Rot
Formed
2001
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Fgmk LLC
Address
2801 Lakeside Drive 3rd Floor, Bannockburn, IL 60015
Preparer
Patrick Ryan
Phone
8473740400
Supplemental Narrative

Additional Explanations

990, Part XI, Line 2C

Board of directors reviews financial statements and tax return. Same process as prior years.

Financial Statement Notes

Part X, Line 2:

Income Tax Status. The Foundation is a not-for-profit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. It has also been classified as an entity that is a private foundation within the meaning of Section 509(a) and qualifies for deductible contributions as provided in Section 170 of the Internal Revenue Code. GAAP requires management to evaluate tax positions taken by the Foundation and recognize a tax liability (or asset) if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service or other tax authorities. Management has analyzed the tax positions taken by the Foundation, and has concluded that as of December 31, 2015, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Foundation is subject to routine audits by the Internal Revenue Service or other tax authorities, generally for three years after the tax returns are filed; however, there are currently no audits for any tax periods in progress.

Part XI, Line 2D - Other Adjustments:

Fundraising expenses 237,501.

Part XII, Line 2D - Other Adjustments:

Fundraising expenses 237,501.

Raw XML Appendix378 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Income Tax Status. The Foundation is a not-for-profit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. It has also been classified as an entity that is a private foundation within the meaning of Section 509(a) and qualifies for deductible contributions as provided in Section 170 of the Internal Revenue Code. GAAP requires management to evaluate tax positions taken by the Foundation and recognize a tax liability (or asset) if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service or other tax authorities. Management has analyzed the tax positions taken by the Foundation, and has concluded that as of December 31, 2015, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Foundation is subject to routine audits by the Internal Revenue Service or other tax authorities, generally for three years after the tax returns are filed; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 237,501.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 237,501.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05000
IRS990ScheduleD/TotalExpensesPerForm990Amt0471279
IRS990ScheduleD/TotalRevenuePerForm990Amt0468432
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0705933
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0708780
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt010000
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt010000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0230011
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0230011
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0237501
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt010593
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt010593
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt057872
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt057872
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0705818
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0705818
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0475807
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0475807
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0238306
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0127455
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0127455
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt031581
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt031581
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0385000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CANCER RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NORTHWESTERN UNIVERSITY - Robert h lurie Cancer CENTER
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0675 N ST CLAIRE 21ST FLOOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHICAGO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060611
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION REVIEWS THE FORM 990 PREPARED BY ITS OUTSIDE ACCOUNTANTS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS REVIEWS FINANCIAL STATEMENTS AND TAX RETURN. SAME PROCESS AS PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990, PART XI, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt071272
IRS990/TotalAssetsEOYAmt062752
IRS990/TotalAssetsGrp/BOYAmt071272
IRS990/TotalAssetsGrp/EOYAmt062752
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0230011
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0471279
IRS990/TotalFunctionalExpensesGrp/TotalAmt0471279
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05673
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt05673
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt065599
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt062752
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0471279
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0238421
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0468432
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt071272
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt062752
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt065599
IRS990/UnrestrictedNetAssetsGrp/EOYAmt062752
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt060 S LAGRANGE RD
IRS990/USAddress/CityNm0LAGRANGE
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060525
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.HFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN G ROT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07083525240
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE H FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HFOU
ReturnHeader/Filer/EIN0364461974
ReturnHeader/Filer/PhoneNum07083525240
ReturnHeader/Filer/USAddress/AddressLine1Txt060 S LAGRANGE ROAD
ReturnHeader/Filer/USAddress/CityNm0LAGRANGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060525
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362929601
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FGMK LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02801 Lakeside Drive 3rd Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bannockburn
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060015
ReturnHeader/PreparerPersonGrp/PhoneNum08473740400
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patrick Ryan
ReturnHeader/ReturnTs02016-11-15T14:42:37-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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