Civic Intelligence

Foundation for Hearing & Speech Rehabilitation

990 • Fiscal year 2010 • EIN 36-6082810

Jan 01, 2010 to Dec 31, 2010 • Filed on Nov 08, 2011

810 Edgewood No 30360025
Siviq Scores

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

Liabilities / Assets

44th percentile

0.10x

Higher debt load relative to assets than 44% of similar nonprofits.

2010 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

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

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$2,294,939

No earlier filing loaded for comparison.

Net Assets

$2,069,915

No earlier filing loaded for comparison.

Liabilities

$225,024

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$316,840

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,294,939Liabilities 2010: $225,024Net Assets 2010: $2,069,9152010Assets 2011: $2,106,830Liabilities 2011: $6,950Net Assets 2011: $2,099,8802011Assets 2012: $2,143,336Liabilities 2012: $223,833Net Assets 2012: $1,919,5032012Assets 2013: $2,365,446Liabilities 2013: $224,236Net Assets 2013: $2,141,2102013Assets 2014: $2,293,097Liabilities 2014: $228,713Net Assets 2014: $2,064,3842014Assets 2015: $2,075,657Liabilities 2015: $228,409Net Assets 2015: $1,847,2482015Assets 2016: $2,061,550Liabilities 2016: $200,000Net Assets 2016: $1,861,5502016Assets 2017: $2,086,432Liabilities 2017: $156,319Net Assets 2017: $1,930,1132017Assets 2018: $1,917,751Liabilities 2018: $115,648Net Assets 2018: $1,802,1032018Assets 2019: $2,163,105Liabilities 2019: $61,717Net Assets 2019: $2,101,3882019Assets 2020: $2,359,415Liabilities 2020: $56,867Net Assets 2020: $2,302,5482020Assets 2021: $2,685,405Liabilities 2021: $58,121Net Assets 2021: $2,627,2842021Assets 2022: $2,358,006Liabilities 2022: $6,202Net Assets 2022: $2,351,8042022Assets 2023: $2,528,069Liabilities 2023: $37,074Net Assets 2023: $2,490,9952023Assets 2024: $2,551,622Liabilities 2024: $5,403Net Assets 2024: $2,546,2192024

Highlighted filing

2010

Assets$2,294,939
Liabilities$225,024
Net Assets$2,069,915

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $316,8402010Expenses 2011: $50,2512011Expenses 2012: $500,1472012Revenue 2013: $162,420Expenses 2013: $285,480Net Income 2013: -$123,0602013Revenue 2014: $119,000Expenses 2014: $300,321Net Income 2014: -$181,3212014Revenue 2015: $274,080Expenses 2015: $301,750Net Income 2015: -$27,6702015Revenue 2016: $257,775Expenses 2016: $269,863Net Income 2016: -$12,0882016Revenue 2017: $164,073Expenses 2017: $253,923Net Income 2017: -$89,8502017Revenue 2018: $298,135Expenses 2018: $208,105Net Income 2018: $90,0302018Revenue 2019: $159,367Expenses 2019: $158,395Net Income 2019: $9722019Revenue 2020: $162,167Expenses 2020: $170,211Net Income 2020: -$8,0442020Revenue 2021: $485,683Expenses 2021: $217,170Net Income 2021: $268,5132021Revenue 2022: $299,092Expenses 2022: $289,778Net Income 2022: $9,3142022Revenue 2023: $318,974Expenses 2023: $498,238Net Income 2023: -$179,2642023Revenue 2024: $549,566Expenses 2024: $640,470Net Income 2024: -$90,9042024

Highlighted filing

2010

Revenue-
Expenses$316,840
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Nov 8, 2011
Return Version
2010v3.4
Gross Receipts
$336,508
Mission and Program Overview

Mission

Raise funds to support programs which assure that individuals with hearing and communication disorders have the opportunity to develop to their full potential, enjoy the same social and educational opportunities as their peers, and lead healthy and fulfilling lives.

Filing and Contact Details

Filer

EIN
36-6082810
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0EFFECTIVE JANUARY 1, 2010 AND 2009, THE FOUNDATION ADOPTED THE GUIDANCE IN THE FASB ASC TOPIC ON INCOME TAXES RELATED TO UNCERTAINTY IN INCOME TAXES WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE FOUNDATION HAS TAKEN OR EXPECTS TO TAKE IN ITS TAX RETURNS. UNDER THE GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS "MORE LIKELY THAN NOT" THAT IT IS SUSTAINABLE, BASED ON ITS TECHNICAL MERITS. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION SHOULD BE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH A TAXING AUTHORITY HAVING FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE ADOPTION OF THE GUIDANCE HAD NO EFFECT ON THE FOUNDATION'S FINANCIAL STATEMENTS AS OF JANUARY 1, 2010 AND 2009 AND RESULTED IN NO ADJUSTMENT FOR UNRECOGNIZED INCOME TAX BENEFITS FOR THE YEAR ENDED DECEMBER 31, 2009. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS RETURNS.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
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IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0295029
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: GRANTS HAVE BEEN CONSISTENTLY GIVEN IN THE PAST SEVERAL YEARS TO ONE GRANTEE WHICH IS APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. THE GRANTEE PROVIDES QUARTERLY REPORTS WHICH ARE REVIEWED BY THE BOARD TO DETERMINE THAT THE GRANT FUNDS ARE BEING UTILIZED APPROPRIATELY IN ACCORDANCE WITH THE AGREEMENT.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURE FOR MONITORING GRANTS IN THE U.S.:
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0PART I, LINE 2:
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine102300 CHILDRENS PLAZA BOX 4
IRS990ScheduleI/RecipientTable/AddressUS/City0CHICAGO
IRS990ScheduleI/RecipientTable/AddressUS/State0IL
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode060614
IRS990ScheduleI/RecipientTable/AmountOfCashGrant0215024
IRS990ScheduleI/RecipientTable/AmountOfNonCashAssistance00
IRS990ScheduleI/RecipientTable/DescriptionOfNonCashAssistance0N/A
IRS990ScheduleI/RecipientTable/EINOfRecipient0363357006
IRS990ScheduleI/RecipientTable/IRCSection0501 (C)(3)
IRS990ScheduleI/RecipientTable/MethodOfValuation0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrant0THE PURPOSE OF THE GRANT IS TO SUPPORT THE PEDIATRIC OTOLOGY PROGRAM AT CHILDRENS MEMORIAL HOSPITAL. THE PEDIATRIC OTOLOGY PROGRAM IS DEDICATED TO PROVIDING A WIDE ARRAY OF MEDICAL AND PSYCHOSOCIAL SERVICES TO CHILDREN WITH HEARING LOSS AND THEIR FAMILIES.
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine10CHILDREN'S MEMORIAL FOUNDATION
IRS990ScheduleI/RecordsMaintained01
IRS990ScheduleI/TotalNbrOf501C3AndGovtGrants01
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0DIRECTORS DAVID AND CAREY GELFAND ARE HUSBAND AND WIFE.
IRS990ScheduleO/GeneralExplanation/Explanation1THE EXECUTIVE DIRECTOR, JOEL MASSEL, IS THE SOLE PROPRIETOR OF A MANAGEMENT COMPANY WHICH RECEIVES MANAGEMENT FEES FROM THE ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation2A DRAFT COPY OF THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW DURING A REGULARLY SCHEDULED BOARD MEETING. THE FORM IS FINALIZED WHEN RATIFIED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation3EACH OFFICER AND DIRECTOR IS REQUIRED TO REVIEW THE POLICY AND COMPLETE A CONFLICT OF INTEREST FORM FOLLOWING EVERY ANNUAL MEETING. ANY DISCLOSED CONFLICT IS ADDRESSED BY THE BOARD. THERE ARE NO KEY EMPLOYEES.
IRS990ScheduleO/GeneralExplanation/Explanation4THE COMPENSATION COMMITTEE PURCHASED COMPENSATION GUIDES WHICH WERE UTILIZED TO DETERMINE THE EXECUTIVE DIRECTOR'S COMPENSATION. THIS WAS VOTED ON AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE KEPT AT THE OFFICE OF THE MANAGEMENT COMPANY AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation6NET UNREALIZED GAINS ON INVESTMENTS: 110,014.
IRS990ScheduleO/GeneralExplanation/Explanation7THE ORGANIZATION DESIGNATED AN AUDIT COMMITTEE, A SUB-COMMITTEE OF THE BOARD OF DIRECTORS, TO OVERSEE AFFAIRS RELATED TO THE AUDIT OF THE FINANCIAL STATEMENTS INCLUDING THE SELECTION OF AN INDEPENDENT AUDITING FIRM. THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation8CREATIVE MANAGEMENT SERVICES IS PAID A MANAGEMENT FEE. JOEL MASSEL, WHO OWNS CREATIVE MANAGEMENT SERVICES AS A SOLE PROPRIETOR, IS THE EXECUTIVE DIRECTOR OF THE ORGANIZATION. THUS, THE MANAGEMENT FEE PAID TO HIS COMPANY IS INCLUDED IN COMPENSATION ON FORM 990, PAGE 1, PART I, LINE 15 TO RECONCILE TO THE COMPENSATION OF KEY EMPLOYEES, OFFICERS, AND DIRECTORS ON PAGE 7 PART VII.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/GeneralExplanation/Identifier2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/Identifier3CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART XI, LINE 5:
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART XI, LINE 2C
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PAGE 7, PART VII
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0IL

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$0.01$2.55$0.55$0.64$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.53$0.04$2.49$0.32$0.50$0.18
2022Detailed filing. Detailed filing data is available for this year.$2.36$0.01$2.35$0.30$0.29$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.69$0.06$2.63$0.49$0.22$0.27
2020Detailed filing. Detailed filing data is available for this year.$2.36$0.06$2.30$0.16$0.17$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.16$0.06$2.10$0.16$0.16$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.92$0.12$1.80$0.30$0.21$0.09
2017Detailed filing. Detailed filing data is available for this year.$2.09$0.16$1.93$0.16$0.25$0.09
2016Detailed filing. Detailed filing data is available for this year.$2.06$0.20$1.86$0.26$0.27$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.08$0.23$1.85$0.27$0.30$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.29$0.23$2.06$0.12$0.30$0.18
2013Detailed filing. Detailed filing data is available for this year.$2.37$0.22$2.14$0.16$0.29$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.22$1.92$0.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.01$2.10$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.23$2.07$0.32