Civic Intelligence

Lila H Borgstrom Foundation

990EZ • Fiscal year 2019 • EIN 45-3478942

Jan 01, 2019 to Dec 31, 2019 • Filed on May 12, 2020

Organization Profilelhbfoundation.com
770 Vernon AveGlencoe, IL 60022

(312) 205-4044

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$129,840

No earlier filing loaded for comparison.

Net Assets

$129,840

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin84th percentile

Revenue

$87,059

No earlier filing loaded for comparison.

Expenses

$60,000

No earlier filing loaded for comparison.

Net Income

$27,059

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$400K$300K$200K$100K$0Assets 2019: $129,840Net Assets 2019: $129,8402019Assets 2020: $132,950Net Assets 2020: $132,9502020Assets 2021: $140,803Net Assets 2021: $140,8032021Assets 2022: $164,350Net Assets 2022: $164,3502022Assets 2023: $254,965Net Assets 2023: $254,9652023Assets 2024: $383,312Liabilities 2024: $0Net Assets 2024: $383,3122024

Highlighted filing

2019

Assets$129,840
Liabilities-
Net Assets$129,840
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2019: $87,059Expenses 2019: $60,000Net Income 2019: $27,0592019Revenue 2020: $32,729Expenses 2020: $43,000Net Income 2020: -$10,2712020Revenue 2021: $67,853Expenses 2021: $60,000Net Income 2021: $7,8532021Revenue 2022: $83,547Expenses 2022: $60,000Net Income 2022: $23,5472022Revenue 2023: $178,115Expenses 2023: $87,500Net Income 2023: $90,6152023Revenue 2024: $256,347Expenses 2024: $128,000Net Income 2024: $128,3472024

Highlighted filing

2019

Revenue$87,059
Expenses$60,000
Net Income$27,059
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 12, 2020
Return Version
2019v5.0
Gross Receipts
$87,059
Mission and Program Overview

Mission

The foundation is exclusively for charitable and educational purposes, which purposes include, without limitation, providing scholarships to students at nicolas senn high school and make distributions to organizations that qualify as exempt organizationsunder section 501(c)(3) of the internal revenue code.

Program Services

DescriptionGrantsExpenses
HE FOUNDATION IS EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, WHICH PURPOSES INCLUDE, WITHOUT LIMITATION, PROVIDING SCHOLARSHIPS TO STUDENTS AT NICOLAS SENN HIGH SCHOOL AND MAKE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONSUNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL BORGSTROMTreasurer-$0--
MARY E BORGSTROMVice President-$0--
GRACE BORGSTROMPresident-$0--
CHRISTINA HARRISDirector-$0--
VALERIE BORGSTROMDirector-$0--
KATHERINE BORGSTROMDirector-$0--
KAREN BORGSTROMDirector-$0--
STEVEN BORGSTROMDirector-$0--
STUART KRAUSKOPFDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lila H Borgstrom Foundation
EIN
45-3478942
Phone
3122054044
Address
770 VERNON AVE, GLENCOE, IL 60022

Signing Officer

Name
Michael Borgstrom
Title
President
Signed
2020-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Pbg Financial Services Ltd
Address
666 Dundee Road Suite 401, Northbrook, IL 60062-2733
Preparer
Howard Gamer
Phone
8472911400
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.8

“Class of Activity: DONATION | Donee's Name: JANES'S ROOM | Donee's Address: 818 LAKE STREET EVANSTON IL 60201 | Relationship of Donee: NONE | Cash Amount Given: $40000”

Raw XML Appendix155 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7STEVEN BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8STUART KRAUSKOPF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HE FOUNDATION IS EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, WHICH PURPOSES INCLUDE, WITHOUT LIMITATION, PROVIDING SCHOLARSHIPS TO STUDENTS AT NICOLAS SENN HIGH SCHOOL AND MAKE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONSUNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt060000
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0lhbfoundation.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt087059
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt040982
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: DONATION | Donee's Name: JANES'S ROOM | Donee's Address: 818 LAKE STREET EVANSTON IL 60201 | Relationship of Donee: NONE | Cash Amount Given: $40000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.8
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL BORGSTROM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LILA H BORGSTROM FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LILA
ReturnHeader/Filer/EIN0453478942
ReturnHeader/Filer/PhoneNum03122054044
ReturnHeader/Filer/USAddress/AddressLine1Txt0770 VERNON AVE
ReturnHeader/Filer/USAddress/CityNm0GLENCOE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0600622733
ReturnHeader/PreparerPersonGrp/PhoneNum08472911400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOWARD GAMER
ReturnHeader/ReturnTs02020-05-12T13:22:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$129,840
Liabilities
-
Net assets
$129,840
Revenue
$87,059
Expenses
$60,000
Net income
$27,059
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.83$0.00$3.83$2.56$1.28$1.28
2023Detailed filing. Detailed filing data is available for this year.$2.55$2.55$1.78$0.88$0.91
2022Detailed filing. Detailed filing data is available for this year.$1.64$1.64$0.84$0.60$0.24
2021Detailed filing. Detailed filing data is available for this year.$1.41$1.41$0.68$0.60$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.33$1.33$0.33$0.43$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.30$1.30$0.87$0.60$0.27