Civic Intelligence

Womens Bar Association of Illinois Foundation

990 • Fiscal year 2018 • EIN 36-6192588

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 04, 2019

PO Box 641068Chicago, IL 60664

(312) 324-8640

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

35th percentile

-1.4%

Higher net margin than 35% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

44th percentile

-0.2%

Faster asset growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

87th percentile

56%

Faster revenue growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$932,289

Down $1,818 (-0.2%) from 2017

Net Assets

Down

$932,289

Down $1,818 (-0.2%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$126,530

Up $45,299 (+56%) from 2017

Expenses

Up

$128,348

Up $43,683 (+52%) from 2017

Net Income

Up

-$1,818

Up $1,616 (+47%) from 2017

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 2016: $937,541Liabilities 2016: $0Net Assets 2016: $937,5412016Assets 2017: $934,107Liabilities 2017: $0Net Assets 2017: $934,1072017Assets 2018: $932,289Liabilities 2018: $0Net Assets 2018: $932,2892018Assets 2019: $937,709Liabilities 2019: $0Net Assets 2019: $937,7092019Assets 2020: $1,007,616Liabilities 2020: $0Net Assets 2020: $1,007,6162020Assets 2021: $931,672Liabilities 2021: $0Net Assets 2021: $931,6722021Assets 2022: $799,074Liabilities 2022: $0Net Assets 2022: $799,0742022Assets 2023: $2,319,078Liabilities 2023: $212,000Net Assets 2023: $2,107,0782023Assets 2024: $2,590,604Liabilities 2024: $36,890Net Assets 2024: $2,553,7142024

Highlighted filing

2018

Assets$932,289
Liabilities$0
Net Assets$932,289

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $85,420Expenses 2016: $91,231Net Income 2016: -$5,8112016Revenue 2017: $81,231Expenses 2017: $84,665Net Income 2017: -$3,4342017Revenue 2018: $126,530Expenses 2018: $128,348Net Income 2018: -$1,8182018Revenue 2019: $138,011Expenses 2019: $132,591Net Income 2019: $5,4202019Revenue 2020: $95,773Expenses 2020: $25,866Net Income 2020: $69,9072020Revenue 2021: $57,442Expenses 2021: $126,641Net Income 2021: -$69,1992021Revenue 2022: $199,963Expenses 2022: $332,561Net Income 2022: -$132,5982022Revenue 2023: $44,056Expenses 2023: $21,429Net Income 2023: $22,6272023Revenue 2024: $130,080Expenses 2024: $34,736Net Income 2024: $95,3442024

Highlighted filing

2018

Revenue$126,530
Expenses$128,348
Net Income-$1,818
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$146,516
Mission and Program Overview

Mission

Provide awards, scholarships, and other financial aid to women law students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$875,951$874,846▼ $1,105
Cash and Non-Interest-Bearing Accounts$48,618$45,314▼ $3,304
Savings and Temporary Cash Investments$9,538$12,129▲ $2,591
Total Assets$934,107$932,289▼ $1,818
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$877,250$874,846▼ $2,404
Unrestricted Net Assets$56,857$57,443▲ $586
Total Net Assets Fund Balance$934,107$932,289▼ $1,818
Total Liabilities and Net Assets / Fund Balance$934,107$932,289▼ $1,818

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$877,250---$877,250
2017$877,250---$877,250
2016$877,250---$877,250
2015$877,250---$877,250
2014$877,250---$877,250
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$15,000
Program Service Revenue
$0
Investment Income
$81,745
Other Revenue
$29,785
Change in Net Assets
$-1,818

Audited Revenue Reconciliation

Revenue per Audited Statements
$126,530
Total Revenue per Audited Statements
$126,530
Total Revenue per Form 990
$126,530
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$94,500
Other Expenses$33,848
Total Fundraising Expense$342
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$94,500--$94,500
Insurance-$2,094-$2,094
Office Expenses$356--$356
Advertising--$342$342
Other Expenses$80$118-$80
Total Functional Expenses$105,536$22,470$342$128,348

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$128,348
Total Expenses per Audited Statements$128,348
Total Expenses per Form 990$128,348
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,667
Fundraising Direct Expenses$18,882
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scholarship Lun$63,667$48,667$1,862$46,805
Total Events$63,667$48,667$18,882$29,785
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Reviewed and approved by board of directors prior to filing.

Form 990, Page 6, Part VI, Line 12C

It is the continuing responsibility of the board to scrutinize their transactions and outside business interests and relationships for potential conflicts of interest and to immediately make such disclosures to the board president. Upon disclosure of a conflict of interest, the board member is precluded from participation in the discussion and/or vote pertinent to the conflict.

Form 990, Page 6, Part VI, Line 19

Written request to the board president.

Filing and Contact Details

Filer

Filer Name
WOMEN'S BAR FOUNDATION
EIN
36-6192588
Phone
3123248640
Address
PO BOX 641068, CHICAGO, IL 60664

Signing Officer

Name
Mary Melchor
Title
Treasurer
Phone
3126411441
Signed
2019-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shelly a Derousse
Formed
1968
Legal Domicile
Il
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
20

Preparer

Firm
Kopczyk Osher & Scott Cpas
Address
4415 HARRISON ST STE 544, HILLSIDE, IL 60162-1920
Preparer
Rodney C Scott
Phone
3125270111
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Board of directors and others providing assorted general services

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has been determined by the internal revenue service to be exempt from federal income tax under section 170(b)(1)(a)(vi) of the u. S. Internal revenue code and exempt from illinois income tax under the comparable state law. Accordingly, no provision for income tax has been established, and contributions to it are deductible within the limitations as prescribed by the internal revenue code. The organization files returns in the u.s. Federal jurisdiction and illinois. With few exceptions, the organization is no longer subject to u.s. Federal, state and local, or non u.s. Income tax examinations by tax authorities for years ended prior to december 31, 2015. The organization does not expect a material net change in unrecognized tax benefits in the next twelve months.

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IRS990/PYOtherRevenueAmt012387
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IRS990/ReconcilationRevenueExpnssAmt0-1818
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IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt09538
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015000
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt033855
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt033430
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt038608
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0148018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt045105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt041785
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt040432
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt040128
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt038591
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0206041
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt086624
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.41810
IRS990ScheduleA/PublicSupportPY170Pct00.46150
IRS990ScheduleA/PublicSupportTotal170Amt0148018
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt015000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt033855
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt033430
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt038608
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0148018
IRS990ScheduleA/TotalSupportAmt0354059
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0877250
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0877250
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0877250
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0877250
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0877250
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0877250
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0877250
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0877250
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0877250
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0128348
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt0126530
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE TO BE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 170(B)(1)(A)(VI) OF THE U. S. INTERNAL REVENUE CODE AND EXEMPT FROM ILLINOIS INCOME TAX UNDER THE COMPARABLE STATE LAW. ACCORDINGLY, NO PROVISION FOR INCOME TAX HAS BEEN ESTABLISHED, AND CONTRIBUTIONS TO IT ARE DEDUCTIBLE WITHIN THE LIMITATIONS AS PRESCRIBED BY THE INTERNAL REVENUE CODE. THE ORGANIZATION FILES RETURNS IN THE U.S. FEDERAL JURISDICTION AND ILLINOIS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED PRIOR TO DECEMBER 31, 2015. THE ORGANIZATION DOES NOT EXPECT A MATERIAL NET CHANGE IN UNRECOGNIZED TAX BENEFITS IN THE NEXT TWELVE MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt015000
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SCHOLARSHIP LUN
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt017020
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt017020
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt063667
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt063667
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt029785
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01862
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01862
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt094500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt011
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION DETERMINES THROUGH APPLICATION AND SCREENING PROCESS THAT RECIPIENTS ARE RECEIVING SCHOLARSHIPS FOR THE STUDY OF LAW AT ACCREDITED LAW SCHOOLS IN THE STATE OF ILLINOIS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS AND OTHERS PROVIDING ASSORTED GENERAL SERVICES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED AND APPROVED BY BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IT IS THE CONTINUING RESPONSIBILITY OF THE BOARD TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS OF INTEREST AND TO IMMEDIATELY MAKE SUCH DISCLOSURES TO THE BOARD PRESIDENT. UPON DISCLOSURE OF A CONFLICT OF INTEREST, THE BOARD MEMBER IS PRECLUDED FROM PARTICIPATION IN THE DISCUSSION AND/OR VOTE PERTINENT TO THE CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WRITTEN REQUEST TO THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/StatesWhereCopyOfReturnIsFldCd0IL
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IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
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