Civic Intelligence

West Point Fellowship Inc DBA West Point School of Music

990 • Fiscal year 2024 • EIN 45-2944619

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

1233 W 109th PlaceChicago, IL 60643

(773) 414-5933

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$1,450,558

Up $290,362 (+25%) from 2023

Net Assets

Up

$1,282,902

Up $803,455 (+168%) from 2023

Liabilities

Down

$167,656

Down $513,093 (-75%) from 2023

Revenue And Expenses

Revenue

Up

$1,994,426

Up $985,438 (+98%) from 2023

Expenses

Down

$1,190,971

Down $7,108 (-0.6%) from 2023

Net Income

Up

$803,455

Up $992,546 (+525%) from 2023

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $100,108Liabilities 2013: $16,5312013Assets 2014: $148,606Liabilities 2014: $52,0192014Assets 2015: $160,311Liabilities 2015: $15,0732015Assets 2016: $160,641Liabilities 2016: $7,2742016Assets 2017: $129,512Liabilities 2017: $983Net Assets 2017: $128,5292017Assets 2018: $138,556Liabilities 2018: $10,990Net Assets 2018: $127,5662018Assets 2019: $68,123Liabilities 2019: $880Net Assets 2019: $67,2432019Assets 2020: $149,889Liabilities 2020: $7,500Net Assets 2020: $142,3892020Assets 2021: $445,927Liabilities 2021: $6,858Net Assets 2021: $439,0692021Assets 2022: $1,291,088Liabilities 2022: $622,550Net Assets 2022: $668,5382022Assets 2023: $1,160,196Liabilities 2023: $680,749Net Assets 2023: $479,4472023Assets 2024: $1,450,558Liabilities 2024: $167,656Net Assets 2024: $1,282,9022024Assets 2024: $1,827,235Liabilities 2024: $180,624Net Assets 2024: $1,646,6112024

Highlighted filing

2024

Assets$1,450,558
Liabilities$167,656
Net Assets$1,282,902

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $41,171Expenses 2013: $16,425Net Income 2013: $24,7462013Revenue 2014: $66,639Expenses 2014: $53,630Net Income 2014: $13,0092014Revenue 2015: $162,722Expenses 2015: $108,572Net Income 2015: $54,1502015Revenue 2016: $172,777Expenses 2016: $142,893Net Income 2016: $29,8842016Revenue 2017: $158,888Expenses 2017: $155,513Net Income 2017: $3,3752017Revenue 2018: $159,684Expenses 2018: $160,846Net Income 2018: -$1,1622018Revenue 2019: $129,254Expenses 2019: $189,578Net Income 2019: -$60,3242019Revenue 2020: $291,557Expenses 2020: $216,411Net Income 2020: $75,1462020Revenue 2021: $648,106Expenses 2021: $356,798Net Income 2021: $291,3082021Revenue 2022: $1,016,767Expenses 2022: $787,298Net Income 2022: $229,4692022Revenue 2023: $1,008,988Expenses 2023: $1,198,079Net Income 2023: -$189,0912023Revenue 2024: $1,994,426Expenses 2024: $1,190,971Net Income 2024: $803,4552024Revenue 2024: $2,357,655Expenses 2024: $1,190,491Net Income 2024: $1,167,1642024

Highlighted filing

2024

Revenue$1,994,426
Expenses$1,190,971
Net Income$803,455
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$1,994,426
Mission and Program Overview

Mission

The mission is to be a community music school, band instrument repair facility, steel drum manufacturing - performing ensemble epic steel orchestra, and urban music makers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$821,651$864,733▲ $43,082
Pledges and Grants Receivable$163,397$456,369▲ $292,972
Cash and Non-Interest-Bearing Accounts$166,004$114,966▼ $51,038
Prepaid Expenses and Deferred Charges$9,144$14,490▲ $5,346
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,160,196$1,450,558▲ $290,362
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$594,271$119,827▼ $474,444
Accounts Payable and Accrued Expenses$68,140$29,491▼ $38,649
Other Liabilities$18,338$18,338→ $0
Total Liabilities$680,749$167,656▼ $513,093
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$449,447$687,902▲ $238,455
Net Assets With Donor Restrictions$30,000$595,000▲ $565,000
Total Net Assets Fund Balance$479,447$1,282,902▲ $803,455
Total Liabilities and Net Assets / Fund Balance$1,160,196$1,450,558▲ $290,362

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$671,223$45,974-
Other Land Buildings$1,501$834-
Equipment$188,914$292,911-
Leasehold Improvements$3,095$1,031-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Julian J ChampionExecutive DirectorFT$121,667$121,667

Board Members and Trustees

NameTitle
Rich BreskeBoard Chair
Althea TeamerBoard Member
Sandra R SandersBoard Member
Will WashingtonBoard Member
Shana R PearsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,824,096
Program Service Revenue
$163,762
Investment Income
$0
Other Revenue
$6,568
All Other Contributions
$1,526,376
Change in Net Assets
$803,455
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$683,890
Other Expenses$502,081
Total Fundraising Expense$59,327
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$416,894$49,762$30,964$497,620
Current Officers, Directors, Trustees, and Key Employees$109,500$12,167-$121,667
Occupancy$119,143$2,483-$121,626
Payroll Taxes$54,913$6,460$3,230$64,603
Depreciation Depletion-$64,260-$64,260
Fees for Services Other$20,976$5,584$9,285$35,845
Insurance$22,750$4,159-$26,909
Advertising$13,314-$11,625$24,939
Other Expenses$19,895-$50$19,945
Travel$14,094$224$2,342$16,660
All Other Expenses$11,805$3,727-$15,532
Office Expenses$9,201$5,003-$14,204
Interest$4,944$8,497-$13,441
Grants to Domestic Individuals$5,000--$5,000
Total Functional Expenses$969,318$162,326$59,327$1,190,971
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
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
Line of Credit$18,338
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 B, Line 11B

The board of directors are provided a copy of form 990 prior to filing.

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

The board of directors are required to update their conflict of interest statement annually.

Form 990, Part VI, Section C, Line 19

The organization corporate documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
West Point Fellowship Inc
EIN
45-2944619
Phone
7734145933
Address
1233 W 109TH PLACE, CHICAGO, IL 60643

Signing Officer

Name
Julian J Champion
Title
Executive Director
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julian J Champion
Formed
2011
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
5
Employees
16
Volunteers
25

Preparer

Firm
Il Nfp Audit and Tax Llp
Address
200 S WACKER DR SUITE 3100, CHICAGO, IL 60606
Preparer
Alfredo Rodriguez CPA
Phone
3129985500
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The organization is exempt from federal and state income taxes under section 501 (c) (3) of the internal revenue code; therefore, the financial statements do not include a provision for income taxes. The organization reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by taking authorities, based on the technical merits of the positions. The organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the irs.

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt216055
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0121707
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt126000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt216055
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0851737
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/PYOtherRevenueAmt04545
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IRS990/QuidProQuoContributionsInd0false
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0163762
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01824096
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0851737
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0866889
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0581206
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0210551
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04334479
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt066900
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt071206
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0600746
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt024619
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IRS990ScheduleA/PublicSupportCY509Pct00.99500
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04959844
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0188914
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01501
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Line of Credit
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE; THEREFORE, THE FINANCIAL STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. THE ORGANIZATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAKING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0864733
IRS990ScheduleD/TotalLiabilityAmt018338
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS ARE PROVIDED A COPY OF FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE REQUIRED TO UPDATE THEIR CONFLICT OF INTEREST STATEMENT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION CORPORATE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt01160196
IRS990/TotalAssetsGrp/EOYAmt01450558
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01824096

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