Civic Intelligence

Larc an Association for Retarded Citizens

990 • Fiscal year 2021 • EIN 36-6009013

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

19043 Wentworth AveLansing, IL 60438

(708) 474-1540

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.14x

Higher debt load relative to assets than 52% of similar nonprofits.

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

Liabilities / Revenue

57th percentile

0.22x

Higher debt load relative to revenue than 57% of similar nonprofits.

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

Net Margin

35th percentile

5.0%

Higher net margin than 35% 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

57th percentile

12%

Faster asset growth than 57% of similar nonprofits.

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

Revenue Growth

37th percentile

3.5%

Faster revenue growth than 37% of similar nonprofits.

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

Assets

Up

$6,219,857

Up $684,203 (+12%) from 2020

Net Assets

Up

$5,356,935

Up $613,475 (+13%) from 2020

Liabilities

Up

$862,922

Up $70,728 (+8.9%) from 2020

Revenue

Up

$3,945,260

Up $134,793 (+3.5%) from 2020

Expenses

Up

$3,749,517

Up $14,836 (+0.4%) from 2020

Net Income

Up

$195,743

Up $119,957 (+158%) from 2020

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $4,281,925Liabilities 2010: $894,902Net Assets 2010: $3,387,0232010Assets 2012: $4,135,874Liabilities 2012: $600,063Net Assets 2012: $3,535,8112012Assets 2014: $4,815,070Liabilities 2014: $786,594Net Assets 2014: $4,028,4762014Assets 2015: $4,926,649Liabilities 2015: $727,250Net Assets 2015: $4,199,3992015Assets 2016: $5,023,717Liabilities 2016: $712,454Net Assets 2016: $4,311,2632016Assets 2017: $5,020,231Liabilities 2017: $676,095Net Assets 2017: $4,344,1362017Assets 2018: $5,003,140Liabilities 2018: $689,912Net Assets 2018: $4,313,2282018Assets 2019: $5,322,829Liabilities 2019: $647,137Net Assets 2019: $4,675,6922019Assets 2020: $5,535,654Liabilities 2020: $792,194Net Assets 2020: $4,743,4602020Assets 2021: $6,219,857Liabilities 2021: $862,922Net Assets 2021: $5,356,9352021Assets 2022: $6,162,639Liabilities 2022: $604,275Net Assets 2022: $5,558,3642022Assets 2023: $6,695,450Liabilities 2023: $489,685Net Assets 2023: $6,205,7652023Assets 2025: $8,085,806Liabilities 2025: $458,945Net Assets 2025: $7,626,8612025

Highlighted filing

2021

Assets$6,219,857
Liabilities$862,922
Net Assets$5,356,935

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,106,0762010Expenses 2012: $3,075,7052012Revenue 2014: $3,627,627Expenses 2014: $3,443,049Net Income 2014: $184,5782014Revenue 2015: $3,711,115Expenses 2015: $3,534,906Net Income 2015: $176,2092015Revenue 2016: $3,717,894Expenses 2016: $3,564,170Net Income 2016: $153,7242016Revenue 2017: $3,563,311Expenses 2017: $3,613,206Net Income 2017: -$49,8952017Revenue 2018: $3,633,799Expenses 2018: $3,718,972Net Income 2018: -$85,1732018Revenue 2019: $3,931,137Expenses 2019: $3,563,613Net Income 2019: $367,5242019Revenue 2020: $3,810,467Expenses 2020: $3,734,681Net Income 2020: $75,7862020Revenue 2021: $3,945,260Expenses 2021: $3,749,517Net Income 2021: $195,7432021Revenue 2022: $4,513,689Expenses 2022: $3,950,913Net Income 2022: $562,7762022Revenue 2023: $4,613,217Expenses 2023: $4,146,723Net Income 2023: $466,4942023Revenue 2025: $5,388,550Expenses 2025: $5,109,250Net Income 2025: $279,3002025

Highlighted filing

2021

Revenue$3,945,260
Expenses$3,749,517
Net Income$195,743
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.0
Gross Receipts
$3,945,260
Mission and Program Overview

Mission

LARC provides supports and services that promote quality, dignity, and choice and will assist individuals with developmental disabilities achieve outcomes of independence in their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,456,986$2,361,304▼ $95,682
Savings and Temporary Cash Investments$2,009,407$1,927,964▼ $81,443
Investments Other Securities-$1,354,445-
Investments in Publicly Traded Securities$982,389$529,363▼ $453,026
Prepaid Expenses and Deferred Charges$65,559$28,415▼ $37,144
Accounts Receivable$17,528$14,581▼ $2,947
Inventories for Sale or Use$2,585$2,585→ $0
Cash and Non-Interest-Bearing Accounts$1,200$1,200→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$5,535,654$6,219,857▲ $684,203
Other Assets Total-$0-
Liabilities
Other Liabilities-$344,668-
Mortgage Notes Payable Secured by Investment Property$383,867$342,035▼ $41,832
Deferred Revenue$134,743$134,743→ $0
Accounts Payable and Accrued Expenses$273,584$41,476▼ $232,108
Total Liabilities$792,194$862,922▲ $70,728
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,743,460$5,356,935▲ $613,475
Total Net Assets Fund Balance$4,743,460$5,356,935▲ $613,475
Total Liabilities and Net Assets / Fund Balance$5,535,654$6,219,857▲ $684,203

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,400,276$3,627,401$5,027,677
Equipment$563,915$418,686$982,601
Land$397,113-$397,113

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$978,586-▲ $57,024-$1,035,610
2019$812,192-▲ $166,394-$978,586
2018$752,536-▲ $59,656-$812,192
2017$642,887-▲ $109,649-$752,536
2016$693,354-▼ $50,825-$642,529
Compensation and Service Providers

Board Members and Trustees

NameTitle
Linda PrzybylaPresident
Tom CornwellVice President
Ed LugowskiBoard Member
Fred RatherBoard Member
Ivy DrobacBoard Member
Jodi FosterBoard Member
Kristin HillBoard Member
Lynda TorresBoard Member
Stella TorresBoard Member
Ernest GonzalezCEO
Carol SzymanskiSecretary
Bob LauerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$561,549
Program Service Revenue
$3,324,182
Investment Income
$57,024
Other Revenue
$2,505
All Other Contributions
$509,126
Change in Net Assets
$195,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,972,447
Other Expenses$777,070
Total Fundraising Expense$77,625
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,083,803$192,966$53,541$2,330,310
Other Employee Benefits$395,371$47,979$14,058$457,408
Occupancy$173,360$37,633$111$211,104
Depreciation Depletion$183,521$13,820$212$197,553
Payroll Taxes$165,188$15,297$4,244$184,729
Insurance$21,426$35,545$149$57,120
Office Expenses$25,929$16,930$5,310$48,169
Other Expenses$29,478$277-$29,755
All Other Expenses$26,987--$26,987
Fees for Services Other$15,318$6,188-$21,506
Fees for Services Accounting-$14,362-$14,362
Fees for Services Management$10,743$2,038-$12,781
Interest$11,513--$11,513
Conferences and Meetings$10,422$257-$10,679
Total Functional Expenses$3,257,850$414,042$77,625$3,749,517
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$344,666
Rounding$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Form 990, Part VI, Section A, Line 6

Explanation of classes of members or shareholders memberships will be open to parents, relatives, guardians of persons who are intellectually and developmentally disabled persons, and to all other people sympathetic to the purposes of larc. Membership will be one of three types: 1) individual membership, which shall entitle one person to hold office and one vote 2) family memebership, which shall entitle one person to hold office and two votes 3) corporate membership, which shall entitle the corporation to one vote.

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

How members or shareholder elect governing body: at the annual general membership meeting the members elect the board of directors. Special meetings may be called by the president or on written application of five members made to the secretary who shall mail notices to all members not less than one week prior to the meeting stating the purpose of the meeting. No other business may be transacted at this special meeting.

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

Decisions of governing body approval by members or shareholders: control shall rest with the membership. Any action of the board of directors shall be subject to review by the membership on request of any member at a regular meeting or at a special meeting called for the purpose. An action by the board of directors may be amended or rescinded by a vote by two-thirds (2/3) of the membership provided. Rights of the third parties are not affected.

Form 990, Part VI, Section B, Line 11

Form 990 review process: a complete copy of the form 990 and related filings are emailed to the finance committee for review, who then email them to the board of directors along with their questions/findings.

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

Explanation of monitoring and enforcement of conflicts: all significant operating decisions are brought to the appropriate committee by the department head. The committee then presents the findings to the board of directors, all parties of the transaction are reviewed to ensure compliance with the association's conflict of interest policy.

Form 990, PArt VI, Section B, Line 15A

Compensation review and approval process for ceo, executive director, or top management: finance committee reviews local and state-wide surveys of other ceo's compensation. Also reviews the attainment of the assigned goals from the previous year and the current economic conditions in light of the current budgeting.

Form 990, Part VI, Section B, Line 15B

Compensation reviews and approval process for officers and key employees: the association annually reviews the compensation packages for all employees. The board of directors annually compares the compensation packages offered to the employees with other non-profit organizations to insure comparable packages and is reviewed through the board's budget process.

Form 990, Part VI, Section B, Line 19

Other organization documents publicly available: all formal written requests to review governing documents, form 990 and financial statements are compiled within a reasonable and timely manner. Any fees if charged will follow the irs current fee schedule for copying of documents

Filing and Contact Details

Filer

Filer Name
Larc
EIN
36-6009013
Phone
7084741540
Address
19043 Wentworth Ave, Lansing, IL 60438

Signing Officer

Name
Ernest Gonzalez
Title
CEO
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernest Gonzalez
Formed
1956
Voting Board Members
14
Independent Board Members
13
Employees
118
Volunteers
10

Preparer

Firm
Adducci Vega Financial Group LLC
Address
7808 WEST COLLEGE DRIVE STE 3W, PALOS HEIGHTS, IL 60463
Preparer
James Mommsen CPA
Phone
7085943838
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Provides persons with developmental and intellectual disabilities direct care and supervision in a community-based setting to promote their social, physical and emotional well-being

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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt6President
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.09$0.46$7.63$5.39$5.11$0.28
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.70$0.49$6.21$4.61$4.15$0.47
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.16$0.60$5.56$4.51$3.95$0.56
2021Detailed filing. Detailed filing data is available for this year.$6.22$0.86$5.36$3.95$3.75$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.54$0.79$4.74$3.81$3.73$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.32$0.65$4.68$3.93$3.56$0.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.00$0.69$4.31$3.63$3.72$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.02$0.68$4.34$3.56$3.61$0.05
2016Detailed filing. Detailed filing data is available for this year.$5.02$0.71$4.31$3.72$3.56$0.15
2015Detailed filing. Detailed filing data is available for this year.$4.93$0.73$4.20$3.71$3.53$0.18
2014Detailed filing. Detailed filing data is available for this year.$4.82$0.79$4.03$3.63$3.44$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.14$0.60$3.54$3.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$0.89$3.39$3.11