Civic Intelligence

Robert Cullen Irrevocable Trust No 523 Co Bank of Pontiac

990EZ • Fiscal year 2021 • EIN 37-6203938

Jan 01, 2021 to Dec 31, 2021 • Filed on May 09, 2022

Organization ProfileN/A
PO Box 710Pontiac, IL 61764

(815) 844-6155

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

73rd percentile

29%

Higher net margin than 73% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

78th percentile

$1,967

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

51st percentile

6.0%

Faster asset growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

76th percentile

51%

Faster revenue growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$200,536

Up $11,365 (+6.0%) from 2020

Net Assets

Up

$200,536

Up $11,365 (+6.0%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin73rd percentile

Revenue

Up

$39,366

Up $13,340 (+51%) from 2020

Expenses

Up

$28,001

Up $3,604 (+15%) from 2020

Net Income

Up

$11,365

Up $9,736 (+598%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$300K$200K$100K$0Assets 2011: $199,615Liabilities 2011: $02011Assets 2012: $191,114Liabilities 2012: $02012Assets 2013: $192,222Liabilities 2013: $02013Assets 2014: $185,943Liabilities 2014: $02014Assets 2015: $185,870Liabilities 2015: $02015Assets 2016: $188,135Liabilities 2016: $02016Assets 2017: $187,037Liabilities 2017: $02017Assets 2018: $187,448Liabilities 2018: $02018Assets 2019: $187,542Liabilities 2019: $02019Assets 2020: $189,171Liabilities 2020: $0Net Assets 2020: $189,1712020Assets 2021: $200,536Liabilities 2021: $0Net Assets 2021: $200,5362021Assets 2022: $193,991Liabilities 2022: $0Net Assets 2022: $193,9912022Assets 2023: $193,618Liabilities 2023: $0Net Assets 2023: $193,6182023Assets 2024: $213,258Net Assets 2024: $213,2582024Assets 2025: $216,507Net Assets 2025: $216,5072025

Highlighted filing

2021

Assets$200,536
Liabilities$0
Net Assets$200,536
Open 2021 Filing

Operations Trend

Revenue Growth76th percentile

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

$40K$20K$0-$20KRevenue 2011: $35,965Expenses 2011: $27,338Net Income 2011: $8,6272011Revenue 2012: $26,970Expenses 2012: $35,471Net Income 2012: -$8,5012012Revenue 2013: $27,851Expenses 2013: $26,743Net Income 2013: $1,1082013Revenue 2014: $21,865Expenses 2014: $28,144Net Income 2014: -$6,2792014Revenue 2015: $22,180Expenses 2015: $22,253Net Income 2015: -$732015Revenue 2016: $24,062Expenses 2016: $21,797Net Income 2016: $2,2652016Revenue 2017: $23,155Expenses 2017: $24,253Net Income 2017: -$1,0982017Revenue 2018: $24,098Expenses 2018: $23,687Net Income 2018: $4112018Revenue 2019: $24,217Expenses 2019: $24,123Net Income 2019: $942019Revenue 2020: $26,026Expenses 2020: $24,397Net Income 2020: $1,6292020Revenue 2021: $39,366Expenses 2021: $28,001Net Income 2021: $11,3652021Revenue 2022: $30,324Expenses 2022: $36,869Net Income 2022: -$6,5452022Revenue 2023: $32,581Expenses 2023: $32,954Net Income 2023: -$3732023Revenue 2024: $25,751Expenses 2024: $6,111Net Income 2024: $19,6402024Revenue 2025: $29,854Expenses 2025: $26,605Net Income 2025: $3,2492025

Highlighted filing

2021

Revenue$39,366
Expenses$28,001
Net Income$11,365
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 9, 2022
Return Version
2021v4.2
Gross Receipts
$39,366
Mission and Program Overview

Mission

To Supply Income to a supported governmental entity to be used as part of its operating budget.

Program Services

DescriptionGrantsExpenses
FLANAGAN PARK DISTRICT$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BANK OF PONTIACTrustee-$1,967-$1,967
Filing and Contact Details

Filer

Filer Name
Robert Cullen Irrevocable Trust No 523
EIN
37-6203938
Phone
8158446155
Address
PO BOX 710, PONTIAC, IL 61764

Signing Officer

Name
Katherine Duffy
Title
Asst. Trust Officer
Phone
8158446155
Signed
2022-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Thomas L Janssen Attorney
Address
474 N CHESTNUT ST, MINONK, IL 61760-0125
Preparer
Thomas L Janssen
Phone
3094322563
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Rental Income

“Kind and location of property: farm rental income. Amount: 39,334.”

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 32.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: . Grantee name: flanagan park district. Grantee address: e falcon highway flanagan, il 61740. Date of gift: 02/05/21. Amount given: 20,786.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: illinois charity bureau fund. Amount: 15. Description: insurance - land and buildings. Amount: 1,214. Description: real estate tax expense. Amount: 3,619. Total to form 990-ez, line 16: 4,848.”

Raw XML Appendix152 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BANK OF PONTIAC-K DUFFY
IRS990EZ/BooksInCareOfDetail/PhoneNum08158446155
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 710
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PONTIAC
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd061764
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0189171
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0200536
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt011365
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0400
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0189171
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0200536
IRS990EZ/GrantsAndSimilarAmountsPaidAmt020786
IRS990EZ/GrossReceiptsAmt039366
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt039366
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0189171
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0200536
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0189171
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0200536
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt01967
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BANK OF PONTIAC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt04848
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPLY INCOME TO A SUPPORTED GOVERNMENTAL ENTITY TO BE USED AS PART OF ITS OPERATING BUDGET.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FLANAGAN PARK DISTRICT
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt01967
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt028001
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt039366
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE TRUSTEE OF THE ORGANIZATION SUPPLIED FINANCIAL AND INCOME STATEMENTS TO THE SUPPORTED ORGANIZATION ON A REGULAR BASIS THROUGHOUT THE YEAR. THE TRUSTEE MET WITH THE BOARD OF THE SUPPORTED ORGANIZATION TO DISCUSS THAT ORGANIZATION'S FINANCIAL NEEDS AND ITS CASH FLOW REQUIREMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE TRUST DISTRIBUTED ALL OF ITS NET INCOME TO THE GOVERNMENTAL ENTITY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 2:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 1C:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0371014367
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt020786
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0FLANAGAN PARK DISTRICT
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt020786
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KIND AND LOCATION OF PROPERTY: FARM RENTAL INCOME. AMOUNT: 39,334.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INTEREST INCOME. AMOUNT: 32.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: . GRANTEE NAME: FLANAGAN PARK DISTRICT. GRANTEE ADDRESS: E FALCON HIGHWAY FLANAGAN, IL 61740. DATE OF GIFT: 02/05/21. AMOUNT GIVEN: 20,786.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ILLINOIS CHARITY BUREAU FUND. AMOUNT: 15. DESCRIPTION: INSURANCE - LAND AND BUILDINGS. AMOUNT: 1,214. DESCRIPTION: REAL ESTATE TAX EXPENSE. AMOUNT: 3,619. TOTAL TO FORM 990-EZ, LINE 16: 4,848.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - RENTAL INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHERINE DUFFY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ASST. TRUST OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum08158446155
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROBERT CULLEN IRREVOCABLE TRUST NO 523
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O BANK OF PONTIAC
ReturnHeader/Filer/BusinessNameControlTxt0ROBE
ReturnHeader/Filer/EIN0376203938
ReturnHeader/Filer/PhoneNum08158446155
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 710
ReturnHeader/Filer/USAddress/CityNm0PONTIAC
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061764
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371237149
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THOMAS L JANSSEN ATTORNEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0474 N CHESTNUT ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINONK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0617600125
ReturnHeader/PreparerPersonGrp/PhoneNum03094322563
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS L JANSSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-05-16T09:15:31-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KATHERINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DUFFY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$200,536
Liabilities
$0
Net assets
$200,536
Revenue
$39,366
Expenses
$28,001
Net income
$11,365
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.17$2.17$0.30$0.27$0.03
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.13$2.13$0.26$0.06$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$0.00$1.94$0.33$0.33$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$0.00$1.94$0.30$0.37$0.07
2021Detailed filing. Detailed filing data is available for this year.$2.01$0.00$2.01$0.39$0.28$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.00$1.89$0.26$0.24$0.02
2019Summary only. Only limited summary data is available for this year.$1.88$0.00$0.24$0.24$0.00
2018Summary only. Only limited summary data is available for this year.$1.87$0.00$0.24$0.24$0.00
2017Summary only. Only limited summary data is available for this year.$1.87$0.00$0.23$0.24$0.01
2016Summary only. Only limited summary data is available for this year.$1.88$0.00$0.24$0.22$0.02
2015Summary only. Only limited summary data is available for this year.$1.86$0.00$0.22$0.22$0.00
2014Summary only. Only limited summary data is available for this year.$1.86$0.00$0.22$0.28$0.06
2013Summary only. Only limited summary data is available for this year.$1.92$0.00$0.28$0.27$0.01
2012Summary only. Only limited summary data is available for this year.$1.91$0.00$0.27$0.35$0.09
2011Summary only. Only limited summary data is available for this year.$2.00$0.00$0.36$0.27$0.09
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits