Civic Intelligence

James P Lang Scholarship Fund

990 • Fiscal year 2022 • EIN 36-7268664

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 02, 2023

1130 Woodburn CourtInverness, IL 60067

(847) 341-1707

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

22nd percentile

-15%

Higher net margin than 22% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

33rd percentile

-8.9%

Faster asset growth than 33% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

36th percentile

-4.2%

Faster revenue growth than 36% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$109,173

Down $10,638 (-8.9%) from 2021

Net Assets

Down

$109,173

Down $10,638 (-8.9%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$71,636

Down $3,137 (-4.2%) from 2021

Expenses

Down

$82,274

Down $2,570 (-3.0%) from 2021

Net Income

Down

-$10,638

Down $567 (-5.6%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2020: $129,882Liabilities 2020: $0Net Assets 2020: $129,8822020Assets 2021: $119,811Liabilities 2021: $0Net Assets 2021: $119,8112021Assets 2022: $109,173Liabilities 2022: $0Net Assets 2022: $109,1732022Assets 2023: $104,959Liabilities 2023: $0Net Assets 2023: $104,9592023Assets 2024: $104,170Liabilities 2024: $0Net Assets 2024: $104,1702024

Highlighted filing

2022

Assets$109,173
Liabilities$0
Net Assets$109,173

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2020: $85,333Expenses 2020: $63,072Net Income 2020: $22,2612020Revenue 2021: $74,773Expenses 2021: $84,844Net Income 2021: -$10,0712021Revenue 2022: $71,636Expenses 2022: $82,274Net Income 2022: -$10,6382022Revenue 2023: $80,168Expenses 2023: $84,382Net Income 2023: -$4,2142023Revenue 2024: $124,683Expenses 2024: $125,472Net Income 2024: -$7892024

Highlighted filing

2022

Revenue$71,636
Expenses$82,274
Net Income-$10,638
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 2, 2023
Return Version
2022v5.0
Gross Receipts
$71,636
Mission and Program Overview

Mission

To offer scholarship's to single parent homes

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$119,811$109,173▼ $10,638
Savings and Temporary Cash Investments$103,800$103,800→ $0
Cash and Non-Interest-Bearing Accounts$16,011$5,373▼ $10,638
Total Assets$119,811$109,173▼ $10,638
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$119,811$109,173▼ $10,638
Total Liabilities and Net Assets / Fund Balance$119,811$109,173▼ $10,638
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christopher LangPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$71,636
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$71,636
Change in Net Assets
$-10,638
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$82,274
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
Fees for Services Accounting$2,485--$2,485
Advertising$2,107--$2,107
Occupancy$1,100--$1,100
Office Expenses$239--$239
Other Expenses$15--$15
Total Functional Expenses$82,274$0$0$82,274
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
James P Lang Scholarship Fund
EIN
36-7268664
Phone
8473411707
Address
1130 WOODBURN COURT, INVERNESS, IL 60067

Signing Officer

Name
Christopher Lang
Title
President
Signed
2023-10-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Lang
Formed
2000
Legal Domicile
Il
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Jerome I Wright & Associates Inc
Address
6677 N LINCOLN AVE 410, LINCOLNWOOD, IL 60712-3634
Preparer
Ben Mages
Phone
8476755991
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

ROUNDING 0

Raw XML Appendix250 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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IRS990/NetAssetsOrFundBalancesBOYAmt0119811
IRS990/NetAssetsOrFundBalancesEOYAmt0109173
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt01100
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IRS990/OperateHospitalInd0false
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JAMES P LANG SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0% MR CHRISTOPHER LANG
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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