Civic Intelligence

Keen Chicago LLC

990 • Fiscal year 2024 • EIN 42-1657978

Jan 01, 2024 to Dec 31, 2024 • Filed on May 14, 2025

PO Box 2220Chicago, IL 60690

(866) 903-5336

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

86th percentile

38%

Higher net margin than 86% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

77th percentile

26%

Faster asset growth than 77% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

89%

Faster revenue growth than 90% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$337,618

Up $70,440 (+26%) from 2023

Net Assets

Up

$332,255

Up $100,403 (+43%) from 2023

Liabilities

Down

$5,363

Down $29,963 (-85%) from 2023

Revenue

Up

$265,276

Up $124,941 (+89%) from 2023

Expenses

Down

$164,873

Down $1,428 (-0.9%) from 2023

Net Income

Up

$100,403

Up $126,369 (+487%) from 2023

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $10,340Liabilities 2012: $02012Assets 2013: $10,340Liabilities 2013: $02013Assets 2014: $10,340Liabilities 2014: $02014Assets 2015: $10,340Liabilities 2015: $02015Assets 2016: $10,340Liabilities 2016: $02016Assets 2017: $10,340Liabilities 2017: $02017Assets 2018: $10,340Liabilities 2018: $02018Assets 2019: $10,340Liabilities 2019: $02019Assets 2020: $121,185Liabilities 2020: $0Net Assets 2020: $121,1852020Assets 2021: $146,957Liabilities 2021: $1,932Net Assets 2021: $145,0252021Assets 2022: $262,331Liabilities 2022: $4,513Net Assets 2022: $257,8182022Assets 2023: $267,178Liabilities 2023: $35,326Net Assets 2023: $231,8522023Assets 2024: $337,618Liabilities 2024: $5,363Net Assets 2024: $332,2552024

Highlighted filing

2024

Assets$337,618
Liabilities$5,363
Net Assets$332,255

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $68,224Expenses 2012: $38,741Net Income 2012: $29,4832012Revenue 2013: $58,827Expenses 2013: $41,036Net Income 2013: $17,7912013Revenue 2014: $63,012Expenses 2014: $47,060Net Income 2014: $15,9522014Revenue 2015: $133,220Expenses 2015: $36,581Net Income 2015: $96,6392015Revenue 2016: $54,480Expenses 2016: $83,072Net Income 2016: -$28,5922016Revenue 2017: $68,665Expenses 2017: $82,424Net Income 2017: -$13,7592017Revenue 2018: $64,034Expenses 2018: $64,985Net Income 2018: -$9512018Revenue 2019: $68,075Expenses 2019: $64,620Net Income 2019: $3,4552019Revenue 2020: $85,644Expenses 2020: $68,817Net Income 2020: $16,8272020Revenue 2021: $114,302Expenses 2021: $90,462Net Income 2021: $23,8402021Revenue 2022: $224,689Expenses 2022: $111,896Net Income 2022: $112,7932022Revenue 2023: $140,335Expenses 2023: $166,301Net Income 2023: -$25,9662023Revenue 2024: $265,276Expenses 2024: $164,873Net Income 2024: $100,4032024

Highlighted filing

2024

Revenue$265,276
Expenses$164,873
Net Income$100,403
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$306,578
Mission and Program Overview

Mission

Provide one-to-one recreational activities for children and young adults with disabilities at no cost to their parents or caregivers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$265,032$277,338▲ $12,306
Pledges and Grants Receivable$250$58,328▲ $58,078
Prepaid Expenses and Deferred Charges$1,896$1,952▲ $56
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$267,178$337,618▲ $70,440
Other Assets Total-$0-
Liabilities
Other Liabilities$31,127$2,767▼ $28,360
Accounts Payable and Accrued Expenses$4,199$2,596▼ $1,603
Total Liabilities$35,326$5,363▼ $29,963
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$231,852$332,255▲ $100,403
Total Net Assets Fund Balance$231,852$332,255▲ $100,403
Total Liabilities and Net Assets / Fund Balance$267,178$337,618▲ $70,440
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrew HenryPresident
Gerald ShermanVice President
Cindy Nieves-boyntonBoard Member
Jake DigregorioBoard Member
John GavinBoard Member
Lily MontgomeryBoard Member
Michael BettinardiBoard Member
Nirali ChauhanBoard Member
Sandra HeldtBoard Member
Sarah HoesleyBoard Member
Jake StromSecretary
Matthew LynchTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$253,014
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$12,262
All Other Contributions
$252,764
Change in Net Assets
$100,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$105,599
Other Expenses$59,274
Total Fundraising Expense$11,696
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$79,558$8,265$8,509$96,332
Occupancy$12,348--$12,348
Payroll Taxes$6,135$658$649$7,442
Insurance$1,183$5,350$70$6,603
Information Technology$2,914$455$77$3,446
Office Expenses$2,595$513-$3,108
Fees for Services Accounting$2,253$265$133$2,651
Other Employee Benefits$1,357$209$259$1,825
Advertising$1,150$312-$1,462
Fees for Services Other$815$507$48$1,370
Travel$1,159--$1,159
All Other Expenses$515$5$558$1,078
Payments to Affiliates-$1,000-$1,000
Other Expenses$1,679$225$649$874
Total Functional Expenses$134,382$18,795$11,696$164,873
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$53,564
Fundraising Direct Expenses$41,302
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Keenfest$50,564$50,564$7,587$42,977
Total Events$50,564$50,564$12,184$38,380
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$2,767
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

THE FORM 990 IS REVIEWed BY THE TREASURER WHO THEN PROVIDES IT TO THE FULL BOARD FOR REVIEW

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

The conflict of interest policy is reviewed at one of the regular board meetings

Form 990, Part VI, Section B, Line 15A

This is determined by reviewing salary information of comparable positions in the industry

Form 990, Part VI, Section C, Line 19

The organization's financial statement are available on its website and other documents are available upon request

Filing and Contact Details

Filer

Filer Name
Keen Chicago LLC
EIN
42-1657978
Phone
8669035336
Address
PO BOX 2220, CHICAGO, IL 60690

Signing Officer

Name
Matthew Lynch
Title
Treasurer
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Lynch
Formed
2004
Legal Domicile
Md
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
175

Preparer

Firm
Klausner & Company Pc
Address
1530 WILSON BLVD SUITE 1070, ARLINGTON, VA 22209
Preparer
Sam Klausner CPA
Phone
7033106162
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Keen is exempt from payment of income taxes on its exempt activities under the provisions of seciton 501(c)(3) of the internal revenue code. Under these provisions, no tax is imposed on any income related to keen's tax-exempt purpose. Keen has determined that is does not have any material unrecognized tax benefits or obligations as of december 31, 2022. Keen is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Keen's federal and state income tax returns are subject to examination by the internal revenue service and state tax authorities, genrally for a period of three years after the returns are filed.

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IRS990/MissionDesc0PROVIDE ONE-TO-ONE RECREATIONAL ACTIVITIES FOR CHILDREN AND YOUNG ADULTS WITH DISABILITIES AT NO COST TO THEIR PARENTS OR CAREGIVERS.
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IRS990/OccupancyGrp/TotalAmt012348
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IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0209
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt01825
IRS990/OtherExpensesGrp/Desc0INDEPENDENT CONTRACTORS
IRS990/OtherExpensesGrp/Desc1FOOD & BEVERAGE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS MERCHANDISE
IRS990/OtherExpensesGrp/Desc3CC PROCESSING FEES
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IRS990/OtherExpensesGrp/FundraisingAmt1229
IRS990/OtherExpensesGrp/FundraisingAmt2649
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01031
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IRS990/OtherExpensesGrp/ProgramServicesAmt11633
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IRS990/OtherExpensesGrp/TotalAmt21679
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IRS990/OtherRevenueTotalAmt00
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IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01952
IRS990/PrincipalOfficerNm0MATTHEW LYNCH
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0831331
IRS990ScheduleA/TotalSupportAmt0831331
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0KEEN IS EXEMPT FROM PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER THE PROVISIONS OF SECITON 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER THESE PROVISIONS, NO TAX IS IMPOSED ON ANY INCOME RELATED TO KEEN'S TAX-EXEMPT PURPOSE. KEEN HAS DETERMINED THAT IS DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2022. KEEN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. KEEN'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES, GENRALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012184
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0KEENFEST
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01337
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01337
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt050564
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt050564
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt038380
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07587
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07587
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03260
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03260
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWed BY THE TREASURER WHO THEN PROVIDES IT TO THE FULL BOARD FOR REVIEW

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