Civic Intelligence

Lila H Borgstrom Foundation

990EZ • Fiscal year 2022 • EIN 45-3478942

Jan 01, 2022 to Dec 31, 2022 • Filed on May 05, 2023

Organization Profilelhbfoundation.com

Refreshing map…

100 Abingdon AvenueKenilworth, IL 60043

(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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

78th percentile

28%

Higher net margin than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

60th percentile

23%

Faster revenue growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$164,350

Up $23,547 (+17%) from 2021

Net Assets

Up

$164,350

Up $23,547 (+17%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin78th percentile

Revenue

Up

$83,547

Up $15,694 (+23%) from 2021

Expenses

Flat

$60,000

Flat from 2021

Net Income

Up

$23,547

Up $15,694 (+200%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

2022

Assets$164,350
Liabilities-
Net Assets$164,350
Open 2022 Filing

Operations Trend

Revenue Growth60th percentile

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

2022

Revenue$83,547
Expenses$60,000
Net Income$23,547
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 5, 2023
Return Version
2022v5.0
Gross Receipts
$83,547
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.$60,000$60,000
Compensation and Service Providers
Top Officer Pay78th 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
100 ABINGDON AVENUE, KENILWORTH, IL 60043

Signing Officer

Name
Michael Borgstrom
Title
President
Signed
2023-05-05
Discuss with paid preparer
Yes

Preparer

Firm
PBG Financial Services PLLC
Address
666 Dundee Rd Ste 401, Northbrook, IL 60062
Preparer
Howard Gamer
Phone
8472911400
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.3

“Class of Activity: DONATION | Donee's Name: MERCY HOME | Donee's Address: 1140 W JACKSON BLVD CHICAGO IL 60607 | Relationship of Donee: NONE | Cash Amount Given: $7500”

Grants and Similar Amounts Paid In Excess of $5,000.4

“Class of Activity: DONATION | Donee's Name: CANCER FOR COLLEGE | Donee's Address: 981 PARK CENTER DRIVE VISTA CA 92081 | Relationship of Donee: NONE | Cash Amount Given: $7500”

Grants and Similar Amounts Paid In Excess of $5,000.9

“Class of Activity: DONATION | Donee's Name: BIG SHOULDERS FUND | Donee's Address: 212 WEST VAN BUREN, SUITE 900 CHICAGO IL 60607 | Relationship of Donee: NONE | Cash Amount Given: $7500”

Grants and Similar Amounts Paid In Excess of $5,000.11

“Class of Activity: DONATION | Donee's Name: GREATER CHICAGO FOOD DEPOSITORY | Donee's Address: 4100 W ANN LURIE PL. CHICAGO IL 60632 | Relationship of Donee: NONE | Cash Amount Given: $7500”

Raw XML Appendix171 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARY E BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GRACE BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHRISTINA HARRIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4VALERIE BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KATHERINE BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KAREN BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7STEVEN BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8STUART KRAUSKOPF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE 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/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/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt060000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt060000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt060000
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IRS990EZ/TotalRevenueAmt083547
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0lhbfoundation.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt083547
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt067853
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt032729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt087059
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt040982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0312170
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0312170
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt083547
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt032729
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt087059
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt040982
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0312170
IRS990ScheduleA/TotalSupportAmt0312170
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: DONATION | Donee's Name: MERCY HOME | Donee's Address: 1140 W JACKSON BLVD CHICAGO IL 60607 | Relationship of Donee: NONE | Cash Amount Given: $7500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: DONATION | Donee's Name: CANCER FOR COLLEGE | Donee's Address: 981 PARK CENTER DRIVE VISTA CA 92081 | Relationship of Donee: NONE | Cash Amount Given: $7500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Class of Activity: DONATION | Donee's Name: BIG SHOULDERS FUND | Donee's Address: 212 WEST VAN BUREN, SUITE 900 CHICAGO IL 60607 | Relationship of Donee: NONE | Cash Amount Given: $7500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Class of Activity: DONATION | Donee's Name: GREATER CHICAGO FOOD DEPOSITORY | Donee's Address: 4100 W ANN LURIE PL. CHICAGO IL 60632 | Relationship of Donee: NONE | Cash Amount Given: $7500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Grants and Similar Amounts Paid In Excess of $5,000.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Grants and Similar Amounts Paid In Excess of $5,000.11
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL BORGSTROM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LILA H BORGSTROM FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LILA
ReturnHeader/Filer/EIN0453478942
ReturnHeader/Filer/PhoneNum03122054044
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 ABINGDON AVENUE
ReturnHeader/Filer/USAddress/CityNm0KENILWORTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060043
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0844107940
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PBG Financial Services PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0666 Dundee Rd Ste 401
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Northbrook
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060062
ReturnHeader/PreparerPersonGrp/PhoneNum08472911400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOWARD GAMER
ReturnHeader/ReturnTs02023-05-05T14:00:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BORGSTROM
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$164,350
Liabilities
-
Net assets
$164,350
Revenue
$83,547
Expenses
$60,000
Net income
$23,547
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