Civic Intelligence

Cbai Foundation for Community Banking

EIN 37-1361103 • 501(c)3 • Springfield, IL

Profile

We serve the public by providing educational scholarships to graduating illinois high school seniors.

901 Community DriveSpringfield, IL 62703-5184

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.01x

Higher debt load relative to assets than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

66th percentile

0.20x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

10th percentile

-31%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

49th percentile

3.1%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

77th percentile

35%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,330,283

Up $40,409 (+3.1%) from 2024

Liabilities

Down

$19,154

Down $5,846 (-23%) from 2024

Net Assets

Up

$1,311,129

Up $46,255 (+3.7%) from 2024

Revenue

Up

$97,030

Up $25,329 (+35%) from 2024

Expenses

Down

$127,393

Down $1,024 (-0.8%) from 2024

Net Income

Up

-$30,363

Up $26,353 (+46%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $645,517Liabilities 2010: $17,280Net Assets 2010: $628,2372010Assets 2011: $1,148,213Liabilities 2011: $516,180Net Assets 2011: $632,0332011Assets 2012: $1,155,962Liabilities 2012: $516,047Net Assets 2012: $639,9152012Assets 2013: $1,365,664Liabilities 2013: $513,259Net Assets 2013: $852,4052013Assets 2014: $1,581,986Liabilities 2014: $519,221Net Assets 2014: $1,062,7652014Assets 2015: $1,657,868Liabilities 2015: $514,987Net Assets 2015: $1,142,8812015Assets 2016: $1,663,371Liabilities 2016: $518,131Net Assets 2016: $1,145,2402016Assets 2017: $1,718,159Liabilities 2017: $515,430Net Assets 2017: $1,202,7292017Assets 2018: $1,755,482Liabilities 2018: $513,527Net Assets 2018: $1,241,9552018Assets 2019: $1,260,806Liabilities 2019: $13,951Net Assets 2019: $1,246,8552019Assets 2020: $1,272,275Liabilities 2020: $16,000Net Assets 2020: $1,256,2752020Assets 2021: $1,340,774Liabilities 2021: $17,012Net Assets 2021: $1,323,7622021Assets 2022: $1,260,344Liabilities 2022: $24,500Net Assets 2022: $1,235,8442022Assets 2024: $1,289,874Liabilities 2024: $25,000Net Assets 2024: $1,264,8742024Assets 2025: $1,330,283Liabilities 2025: $19,154Net Assets 2025: $1,311,1292025

Highlighted filing

2025

Assets$1,330,283
Liabilities$19,154
Net Assets$1,311,129

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2010: $25,0092010Expenses 2011: $39,2702011Expenses 2012: $67,7002012Expenses 2013: $170,0832013Revenue 2014: $311,604Expenses 2014: $171,287Net Income 2014: $140,3172014Revenue 2015: $131,731Expenses 2015: $119,824Net Income 2015: $11,9072015Revenue 2016: $73,279Expenses 2016: $127,438Net Income 2016: -$54,1592016Revenue 2017: $116,003Expenses 2017: $137,718Net Income 2017: -$21,7152017Revenue 2018: $105,812Expenses 2018: $131,316Net Income 2018: -$25,5042018Revenue 2019: $65,124Expenses 2019: $127,209Net Income 2019: -$62,0852019Revenue 2020: $66,051Expenses 2020: $114,167Net Income 2020: -$48,1162020Revenue 2021: $69,297Expenses 2021: $128,845Net Income 2021: -$59,5482021Revenue 2022: $83,054Expenses 2022: $123,321Net Income 2022: -$40,2672022Revenue 2024: $71,701Expenses 2024: $128,417Net Income 2024: -$56,7162024Revenue 2025: $97,030Expenses 2025: $127,393Net Income 2025: -$30,3632025

Highlighted filing

2025

Revenue$97,030
Expenses$127,393
Net Income-$30,363

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.02$1.31$0.10$0.13$0.03
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.03$1.26$0.07$0.13$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.02$1.24$0.08$0.12$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.02$1.32$0.07$0.13$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.02$1.26$0.07$0.11$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.01$1.25$0.07$0.13$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.51$1.24$0.11$0.13$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.52$1.20$0.12$0.14$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.52$1.15$0.07$0.13$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.51$1.14$0.13$0.12$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.58$0.52$1.06$0.31$0.17$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.51$0.85$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.52$0.64$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.52$0.63$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.02$0.63$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 13, 2026
Return Version
2024v5.5
Gross Receipts
$97,030
Mission and Program Overview

Mission

We serve the public by providing educational scholarships to graduating illinois high school seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,246,918$1,304,322▲ $57,404
Cash and Non-Interest-Bearing Accounts$33,692$19,786▼ $13,906
Savings and Temporary Cash Investments$8,339--
Pledges and Grants Receivable$925$6,175▲ $5,250
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,289,874$1,330,283▲ $40,409
Liabilities
Grants Payable$25,000$19,154▼ $5,846
Total Liabilities$25,000$19,154▼ $5,846
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,264,874$1,311,129▲ $46,255
Total Net Assets Fund Balance$1,264,874$1,311,129▲ $46,255
Total Liabilities and Net Assets / Fund Balance$1,289,874$1,330,283▲ $40,409

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$13,743$13,743
Other Securities$454--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy ThiedeChairwoman
Kraig LounsberryPresident
Katie AshworthVice Chairwoman
Cole StenzelDirector
Jim WeastDirector
Mary Jo HomanDirector
Michael GillDirector
Steve WillDirector
Travis ClemTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$55,842
Program Service Revenue
$0
Investment Income
$34,023
Other Revenue
$7,165
All Other Contributions
$55,842
Change in Net Assets
$-30,363

Audited Revenue Reconciliation

Revenue per Audited Statements
$97,030
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$76,618
Total Revenue per Audited Statements
$173,648
Total Revenue per Form 990
$97,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$89,899
Grants and Similar Amounts Paid$37,494
Total Fundraising Expense$35,238
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$37,494--$37,494
Interest-$24,752-$24,752
Fees for Services Accounting-$4,800-$4,800
Insurance-$700-$700
Conferences and Meetings--$575$575
Other Expenses$20,022$203$340$203
Travel-$178-$178
Total Functional Expenses$57,516$34,639$35,238$127,393

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$127,393
Total Expenses per Audited Statements$127,393
Total Expenses per Form 990$127,393
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no other committees authorized to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The board members review a copy of the 990 prior to filing.

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

All board members and staff are required to annually sign a conflict of interest policy and disclose any conflicts.

Form 990, Part VI, Section B, Line 15

The organization does not pay compensation.

Form 990, Part VI, Section C, Line 19

Upon receipt of a written request and receipt of a check for $1.00 for 1st page and $.15 for each additional page, a copy will be mailed within 24 hours or as reasonably possible. A request made in person and with the payment stated above will also be mailed a copy within 24 hours or as is reasonably possible.

Filing and Contact Details

Filer

Filer Name
Cbai Foundation for
EIN
37-1361103
Phone
2175292265
Address
901 COMMUNITY DRIVE, SPRINGFIELD, IL 62703-5184

Signing Officer

Name
Kraig Lounsberry
Title
President
Phone
2175292265
Signed
2026-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kraig Lounsberry
Formed
1996
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
30

Preparer

Firm
Eck Schafer & Punke Llp
Address
227 S SEVENTH STREET, SPRINGFIELD, IL 62701
Preparer
Brent Leach
Phone
2175251111
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation follows accounting principles generally accepted in the united states of america which sets a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Tax positions for the open tax years as of june 30, 2025 were reviewed, and it was determined that no provision for uncertain tax position is required.

Raw XML AppendixShowing 400 of 444 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.

Path#Value
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IRS990/BooksInCareOfDetail/PhoneNum02175292265
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0901 COMMUNITY DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPRINGFIELD
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IRS990/BooksInCareOfDetail/USAddress/ZIPCd0627035184
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IRS990/Form990PartVIISectionAGrp/PersonNm1KATIE ASHWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm2KRAIG LOUNSBERRY
IRS990/Form990PartVIISectionAGrp/PersonNm3COLE STENZEL
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/ReconcilationRevenueExpnssAmt0-30363
IRS990/RegularMonitoringEnfrcInd01
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IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportOtherLiabilitiesInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt041833
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt022807
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt017721
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt013781
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt032002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt041833
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0757230
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt185596
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt278749
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt349000
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IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt530652
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IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt773825
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IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt9428
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0CASH SURRENDER VALUE OF LIFE INSURANCE
IRS990ScheduleD/OtherSecuritiesGrp/Desc1VANGUARD SHORT TERM INVESTMENT-GRADE FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2VANGUARD DIVIDEND GROWTH FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc3VANGUARD INTERMEDIATE-TERM TREASURY FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc4VANGUARD WINDSOR II FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc5VANGUARD INFLATION-PROTECTED SECURITIES FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc6VANGUARD GLOBAL EQUITY FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc7VANGUARD STAR FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc8VANGUARD ENERGY FUND INVESTOR
IRS990ScheduleD/OtherSecuritiesGrp/Desc9VANGUARD FEDERAL MONEY MARKET
IRS990ScheduleD/OtherSecuritiesGrp/Desc10VANGUARD MATERIALS FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc11VANGUARD INDEX 500
IRS990ScheduleD/OtherSecuritiesGrp/Desc12WINTRUST SWEEP ACCOUNT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd8C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd9C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd10C
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION FOLLOWS ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA WHICH SETS A MINIMUM THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION OF THE BENEFIT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TAX POSITIONS FOR THE OPEN TAX YEARS AS OF JUNE 30, 2025 WERE REVIEWED, AND IT WAS DETERMINED THAT NO PROVISION FOR UNCERTAIN TAX POSITION IS REQUIRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/GrantRecordsMaintainedInd01
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0STUDENTS ARE INFORMED AT THE TIME OF THE SCHOLARSHIP AWARD THAT THE FUNDS ARE TO BE USED TO FURTHER THEIR EDUCATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO OTHER COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS REVIEW A COPY OF THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS AND STAFF ARE REQUIRED TO ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT PAY COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON RECEIPT OF A WRITTEN REQUEST AND RECEIPT OF A CHECK FOR $1.00 FOR 1ST PAGE AND $.15 FOR EACH ADDITIONAL PAGE, A COPY WILL BE MAILED WITHIN 24 HOURS OR AS REASONABLY POSSIBLE. A REQUEST MADE IN PERSON AND WITH THE PAYMENT STATED ABOVE WILL ALSO BE MAILED A COPY WITHIN 24 HOURS OR AS IS REASONABLY POSSIBLE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantNewProgramSrvcInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0127393
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IRS990/TotalLiabilitiesGrp/BOYAmt025000
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01264874
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IRS990/TotalVolunteersCnt030
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