Civic Intelligence

Asm Qalicb Inc

990 • Fiscal year 2024 • EIN 37-1844801

Jul 01, 2023 to Jun 30, 2024 • Filed on May 01, 2025

Organization ProfileWWW.AFTERSCHOOLMATTERS.ORG
66 E Randolph Street 4th FloorChicago, IL 60601

(312) 742-4182

Siviq Scores

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

Liabilities / Assets

64th percentile

0.60x

Higher debt load relative to assets than 64% of similar nonprofits.

2024 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

47.30x

Higher debt load relative to revenue than 92% of similar nonprofits.

2024 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2024

Net Margin

7th percentile

-306%

Higher net margin than 7% of similar nonprofits.

2024 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

38th percentile

$171,420

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 123.0% of source-year revenue.

2024 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2024

Asset Growth

7th percentile

-7.0%

Faster asset growth than 7% of similar nonprofits.

2024 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-56%

Faster revenue growth than 8% of similar nonprofits.

2024 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$10,968,737

Down $825,480 (-7.0%) from 2023

Net Assets

Up

$4,378,832

Up $4,502,777 (+3633%) from 2023

Liabilities

Down

$6,589,905

Down $5,328,257 (-45%) from 2023

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin7th percentile

Revenue

Down

$139,335

Down $174,952 (-56%) from 2023

Expenses

Up

$565,294

Up $231,394 (+69%) from 2023

Net Income

Down

-$425,959

Down $406,346 (-2072%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2017: $11,480,269Liabilities 2017: $7,042,221Net Assets 2017: $4,438,0482017Assets 2018: $10,042,077Liabilities 2018: $10,393,484Net Assets 2018: -$351,4072018Assets 2019: $9,977,097Liabilities 2019: $10,533,203Net Assets 2019: -$556,1062019Assets 2020: $9,815,146Liabilities 2020: $10,563,514Net Assets 2020: -$748,3682020Assets 2021: $10,523,588Liabilities 2021: $10,609,646Net Assets 2021: -$86,0582021Assets 2022: $10,597,437Liabilities 2022: $10,701,769Net Assets 2022: -$104,3322022Assets 2023: $11,794,217Liabilities 2023: $11,918,162Net Assets 2023: -$123,9452023Assets 2024: $10,968,737Liabilities 2024: $6,589,905Net Assets 2024: $4,378,8322024

Highlighted filing

2024

Assets$10,968,737
Liabilities$6,589,905
Net Assets$4,378,832
Open 2024 Filing

Operations Trend

Revenue Growth8th percentile

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

$1.0M$500K$0-$500KRevenue 2017: $33,001Expenses 2017: $93,542Net Income 2017: -$60,5412017Revenue 2018: $100,501Expenses 2018: $397,367Net Income 2018: -$296,8662018Revenue 2019: $118,750Expenses 2019: $323,449Net Income 2019: -$204,6992019Revenue 2020: $140,000Expenses 2020: $332,262Net Income 2020: -$192,2622020Revenue 2021: $314,287Expenses 2021: $333,543Net Income 2021: -$19,2562021Revenue 2022: $314,287Expenses 2022: $332,561Net Income 2022: -$18,2742022Revenue 2023: $314,287Expenses 2023: $333,900Net Income 2023: -$19,6132023Revenue 2024: $139,335Expenses 2024: $565,294Net Income 2024: -$425,9592024

Highlighted filing

2024

Revenue$139,335
Expenses$565,294
Net Income-$425,959
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 1, 2025
Return Version
2023v6.0
Gross Receipts
$139,335
Mission and Program Overview

Mission

ASM QALICB, INC. holds title to the LUTZ Center in support of After School Matters' (ASM) mission of providing Chicago Public High School Teens opportunities to explore and develop their talents, while gaining critical skills for work, college and beyond. The LUTZ Center is a key component of ASM's mission. ASM QALICB, Inc. leases the Lutz Center to ASM which operates the property.

Asm qalicb, inc. Holds title to the lutz center in support of after school matters' (asm) mission of providing chicago public high school teens opportunities to explore and develop their talents, while gaining critical skills for work, college and beyond. The lutz family center is a key component of asm's mission. Asm qalicb, inc. Leases the lutz center to asm which operates the property.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,835,362$9,869,025▲ $33,663
Accounts Receivable$1,117,930$0▼ $1,117,930
Cash and Non-Interest-Bearing Accounts$840,925$1,099,712▲ $258,787
Total Assets$11,794,217$10,968,737▼ $825,480
Liabilities
Other Liabilities$6,077,977$6,589,905▲ $511,928
Mortgage Notes Payable Secured by Investment Property$5,833,419$0▼ $5,833,419
Accounts Payable and Accrued Expenses$6,766$0▼ $6,766
Total Liabilities$11,918,162$6,589,905▼ $5,328,257
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-123,945$4,378,832▲ $4,502,777
Total Net Assets Fund Balance$-123,945$4,378,832▲ $4,502,777
Total Liabilities and Net Assets / Fund Balance$11,794,217$10,968,737▼ $825,480

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,630,025$1,811,519$10,441,544
Land$1,239,000-$1,239,000
Compensation and Service Providers
Top Officer Pay38th percentile

Board Members and Trustees

NameTitle
James WelchChair
Jennifer FarringtonVice Chair
Mischelle Causey-drakeSecretary
Robert WislowTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Reed ConstructionConstruction Service600 W JACKSON BLVD 8TH FL, Chicago, IL 60661$319,826
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$139,335
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-425,959

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$139,335
Revenue Not Reported on Form 990
$44,827,860
Other Revenue Adjustments
$139,335
Total Revenue per Audited Statements
$44,827,860
Total Revenue per Form 990
$139,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$565,294
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
Depreciation Depletion---$311,833
Interest---$216,245
Fees for Services Legal---$37,216
Total Functional Expenses$0$0$0$565,294

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$45,191,207
Expenses Not Reported on Form 990$44,625,913
Expenses per Audited Statements$565,294
Total Expenses per Form 990$565,294
Expenses Not Reported on Financial Statements$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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party - After School Matters$6,589,905
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“After school matters, inc. Is the sole member of asm qalicb, inc.”

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

“After school matters, inc. Is the sole member of asm qalicb, inc. The after school matters' board of directors appointed the asm qalicb, inc. Board.”

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

“The organization retains the services of an independent cpa firm to prepare the organization's form 990. Management reviews the completed form 990 and provides a full copy to all voting members of the governing body prior to filing.”

Form 990, Part VI, Section B, Line 12

“Directors complete an annual disclosure statement indicating any potential conflicts of interest. Potential conflicts will be reviewed, monitored and evaluated by the audit committee of the related organization, after school matters, inc.”

Form 990, Part VI, Section C, Line 19

“By-laws, irs determination letter and audited financial statements for the most recently completed fiscal year are available upon request in writing to after school matters 66 east randolph street, chicago, il 60601.”

Filing and Contact Details

Filer

Filer Name
Asm Qalicb Inc
EIN
37-1844801
Phone
3127424182
Address
66 E RANDOLPH STREET 4TH FLOOR, CHICAGO, IL 60601

Signing Officer

Name
Mischelle Causey-drake
Title
Secretary
Phone
3127424182
Signed
2025-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Welch
Formed
2017
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Plante & Moran Pllc
Address
10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
Preparer
Lu Ann Trapp
Phone
3122071040
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“New market tax credit - wind down - loan forgiveness 5,998,000. Inter-company lease cancellation - straight-line adjustment -1,069,264.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Revenue of related organization included in consolidated financial stmts 38,829,860. New market tax credit wind down 5,998,000.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Rent from related organization - elimated on consolidated financial stmts 139,335.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses of related organization included in consolidated financial stmts 44,625,913.”

Raw XML Appendix352 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06766
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt01117930
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ASM QALICB, INC. HOLDS TITLE TO THE LUTZ CENTER IN SUPPORT OF AFTER SCHOOL MATTERS' (ASM) MISSION OF PROVIDING CHICAGO PUBLIC HIGH SCHOOL TEENS OPPORTUNITIES TO EXPLORE AND DEVELOP THEIR TALENTS, WHILE GAINING CRITICAL SKILLS FOR WORK, COLLEGE AND BEYOND. THE LUTZ FAMILY CENTER IS A KEY COMPONENT OF ASM'S MISSION. ASM QALICB, INC. LEASES THE LUTZ CENTER TO ASM WHICH OPERATES THE PROPERTY.
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRENDAN DUBOIS
IRS990/BooksInCareOfDetail/PhoneNum03127028967
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt066 E RANDOLPH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060601
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0840925
IRS990/CashNonInterestBearingGrp/EOYAmt01099712
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0319826
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0600 W JACKSON BLVD 8TH FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd060661
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0REED CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc0CONSTRUCTION SERVICE
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0565294
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0139335
IRS990/CYRevenuesLessExpensesAmt0-425959
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0565294
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0139335
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0311833
IRS990/Desc0ASM QALICB, INC. WAS FORMED IN CONNECTION WITH THE DEVELOPMENT, CONSTRUCTION, AND PLACING INTO SERVICE OF A YOUTH CENTER IN AN UNDERSERVED NEIGHBORHOOD IN CHICAGO, ILLINOIS. ASM QALICB, INC. IS A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS AND THEREBY QUALIFIED FOR FEDERAL NEW MARKETS TAX CREDITS THAT WERE USED TO HELP FINANCE THE RENOVATION OF THE LUTZ CENTER. ASM QALICB, INC. OWNS THE YOUTH CENTER AND HAS ENTERED INTO A LEASE AGREEMENT WITH AFTER SCHOOL MATTERS, INC., A 501(C)(3), TO OPERATE THE YOUTH CENTER.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/TotalAmt037216
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt331.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt324308
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES WELCH
IRS990/Form990PartVIISectionAGrp/PersonNm1JENNIFER FARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT WISLOW
IRS990/Form990PartVIISectionAGrp/PersonNm3MISCHELLE CAUSEY-DRAKE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3147112
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0139335
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt0216245
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01811519
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09835362
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09869025
IRS990/LandBldgEquipCostOrOtherBssAmt011680544
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ASM QALICB, INC. HOLDS TITLE TO THE LUTZ CENTER IN SUPPORT OF AFTER SCHOOL MATTERS' (ASM) MISSION OF PROVIDING CHICAGO PUBLIC HIGH SCHOOL TEENS OPPORTUNITIES TO EXPLORE AND DEVELOP THEIR TALENTS, WHILE GAINING CRITICAL SKILLS FOR WORK, COLLEGE AND BEYOND. THE LUTZ FAMILY CENTER IS A KEY COMPONENT OF ASM'S MISSION. ASM QALICB, INC. LEASES THE LUTZ CENTER TO ASM WHICH OPERATES THE PROPERTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05833419
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0-123945
IRS990/NetAssetsOrFundBalancesEOYAmt04378832
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-123945
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04378832
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt04928736
IRS990/OtherLiabilitiesGrp/BOYAmt06077977
IRS990/OtherLiabilitiesGrp/EOYAmt06589905
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAMES WELCH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0139335
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0139335
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0333900
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0314287
IRS990/PYRevenuesLessExpensesAmt0-19613
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0333900
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0314287
IRS990/ReconcilationRevenueExpnssAmt0-425959
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt08630025
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01811519
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010441544
IRS990ScheduleD/ExpensesNotReportedAmt044625913
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0565294
IRS990ScheduleD/LandGrp/BookValueAmt01239000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01239000
IRS990ScheduleD/OtherExpensesIncludedAmt044625913
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06589905
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY - AFTER SCHOOL MATTERS
IRS990ScheduleD/OtherRevenueAmt044827860
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0139335
IRS990ScheduleD/RevenueNotReportedAmt044827860
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0139335
IRS990ScheduleD/RevenueSubtotalAmt00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0REVENUE OF RELATED ORGANIZATION INCLUDED IN CONSOLIDATED FINANCIAL STMTS 38,829,860. NEW MARKET TAX CREDIT WIND DOWN 5,998,000.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENT FROM RELATED ORGANIZATION - ELIMATED ON CONSOLIDATED FINANCIAL STMTS 139,335.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2EXPENSES OF RELATED ORGANIZATION INCLUDED IN CONSOLIDATED FINANCIAL STMTS 44,625,913.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09869025
IRS990ScheduleD/TotalExpensesPerForm990Amt0565294
IRS990ScheduleD/TotalLiabilityAmt06589905
IRS990ScheduleD/TotalRevenuePerForm990Amt0139335
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt044827860
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt045191207
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0147112
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt05391
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt018917
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MISCHELLE CAUSEY-DRAKE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0171420
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFTER SCHOOL MATTERS, INC. IS THE SOLE MEMBER OF ASM QALICB, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AFTER SCHOOL MATTERS, INC. IS THE SOLE MEMBER OF ASM QALICB, INC. THE AFTER SCHOOL MATTERS' BOARD OF DIRECTORS APPOINTED THE ASM QALICB, INC. BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTORS COMPLETE AN ANNUAL DISCLOSURE STATEMENT INDICATING ANY POTENTIAL CONFLICTS OF INTEREST. POTENTIAL CONFLICTS WILL BE REVIEWED, MONITORED AND EVALUATED BY THE AUDIT COMMITTEE OF THE RELATED ORGANIZATION, AFTER SCHOOL MATTERS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BY-LAWS, IRS DETERMINATION LETTER AND AUDITED FINANCIAL STATEMENTS FOR THE MOST RECENTLY COMPLETED FISCAL YEAR ARE AVAILABLE UPON REQUEST IN WRITING TO AFTER SCHOOL MATTERS 66 EAST RANDOLPH STREET, CHICAGO, IL 60601.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NEW MARKET TAX CREDIT - WIND DOWN - LOAN FORGIVENESS 5,998,000. INTER-COMPANY LEASE CANCELLATION - STRAIGHT-LINE ADJUSTMENT -1,069,264.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AFTER SCHOOL MATTERS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0364409182
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0YOUTH AFTER-SCHOOL AND SUMMER PROGRAMS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt066 E RANDOLPH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060601
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt011794217
IRS990/TotalAssetsEOYAmt010968737
IRS990/TotalAssetsGrp/BOYAmt011794217
IRS990/TotalAssetsGrp/EOYAmt010968737
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0565294
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011918162
IRS990/TotalLiabilitiesEOYAmt06589905
IRS990/TotalLiabilitiesGrp/BOYAmt011918162
IRS990/TotalLiabilitiesGrp/EOYAmt06589905
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-123945
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04378832
IRS990/TotalOtherCompensationAmt024308
IRS990/TotalProgramServiceRevenueAmt0139335
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0139335
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0139335
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011794217
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010968737
IRS990/TotReportableCompRltdOrgAmt0147112
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt066 E RANDOLPH STREET 4TH FLOOR
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060601
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.AFTERSCHOOLMATTERS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MISCHELLE CAUSEY-DRAKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum03127424182
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASM QALICB INC
ReturnHeader/Filer/BusinessNameControlTxt0ASMQ
ReturnHeader/Filer/EIN0371844801
ReturnHeader/Filer/PhoneNum03127424182
ReturnHeader/Filer/USAddress/AddressLine1Txt066 E RANDOLPH STREET 4TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060601
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0331498605
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PLANTE & MORAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 S RIVERSIDE PLAZA 9TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03122071040
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LU ANN TRAPP
ReturnHeader/ReturnTs02025-05-05T11:44:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,968,737
Liabilities
$6,589,905
Net assets
$4,378,832
Revenue
$139,335
Expenses
$565,294
Net income
-$425,959
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.0$6.59$4.38$0.14$0.57$0.43
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$11.9$0.12$0.31$0.33$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$10.7$0.10$0.31$0.33$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$10.6$0.09$0.31$0.33$0.02
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$9.82$10.6$0.75$0.14$0.33$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.98$10.5$0.56$0.12$0.32$0.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.0$10.4$0.35$0.10$0.40$0.30
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.5$7.04$4.44$0.03$0.09$0.06
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)2 • $10M-$25M nonprofits