Civic Intelligence

Raise IT Now Foundation Nfp DBA Next Contender Foundation

EIN 45-4036700 • 501(c)3 • Chicago, IL

Profile

Organization is organized exclusively for charitable, religious, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.

1919 S Michigan AveChicago, IL 60616

www.nextcontender.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

6.95x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

1.17x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

8th percentile

-130%

Higher net margin than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

14th percentile

-80%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

32nd percentile

-22%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$375

Down $1,485 (-80%) from 2013

Liabilities

Up

$2,606

Up $1,421 (+120%) from 2013

Net Assets

Down

-$2,231

Down $2,906 (-431%) from 2013

Operations
Liabilities / Revenue95th percentileNet Margin8th percentile

Revenue

Down

$2,234

Down $626 (-22%) from 2013

Expenses

Up

$5,140

Up $1,821 (+55%) from 2013

Net Income

Down

-$2,906

Down $2,447 (-533%) from 2013

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0K$2.0K$0-$2.0K-$4.0KAssets 2012: $2,319Liabilities 2012: $1,185Net Assets 2012: $1,1342012Assets 2013: $1,860Liabilities 2013: $1,185Net Assets 2013: $6752013Assets 2014: $375Liabilities 2014: $2,606Net Assets 2014: -$2,2312014

Highlighted filing

2014

Assets$375
Liabilities$2,606
Net Assets-$2,231
Open 2014 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10K$5.0K$0-$5.0KRevenue 2012: $3,375Expenses 2012: $2,241Net Income 2012: $1,1342012Revenue 2013: $2,860Expenses 2013: $3,319Net Income 2013: -$4592013Revenue 2014: $2,234Expenses 2014: $5,140Net Income 2014: -$2,9062014

Highlighted filing

2014

Revenue$2,234
Expenses$5,140
Net Income-$2,906
Open 2014 Filing

Filings

Most recent year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$375
Liabilities
$2,606
Net assets
-$2,231
Revenue
$2,234
Expenses
$5,140
Net income
-$2,906
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$375$2,606$2,231$2,234$5,140$2,906
2013Detailed filing. Detailed filing data is available for this year.$1,860$1,185$675$2,860$3,319$459
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,319$1,185$1,134$3,375$2,241$1,134
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$2,234
Mission and Program Overview

Mission

Organization is organized exclusively for charitable, religious, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.

Program Services

DescriptionGrantsExpenses
Provided grants to sports related community organizations.$2,743$2,397
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Adam O'SullivanPresident-$0--
Josh FelperinSecretary-$0--
John FoscoDirector-$0--
Filing and Contact Details

Filer

Filer Name
Raise It Now Foundation NFP
EIN
45-4036700
Address
1919 S Michigan Ave, Chicago, IL 60616

Signing Officer

Name
Adam O'Sullivan
Title
President
Signed
2015-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Michael F Barrett CPA MBA
Address
5735 West Pensacola Avenue, Chicago, IL 60634-1722
Preparer
Michael F Barrett CPA
Phone
7737251225
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $2078”

Other Expenses.1005

“Travel $250”

Other Expenses.1008

“Interest $94”

Other Expenses.1

“Bank Charges $321”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $1185 Payable to Officers, Directors, Etc. - Ending $1185”

Total Liabilities.1

“Credit Cards - Beginning $0 Credit Cards - Ending $1421”

Raw XML Appendix157 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Adam O'Sullivan
IRS990EZ/BooksInCareOfDetail/PhoneNum07736154595
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01919 S Michigan Ave Unit 312
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0606164683
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01860
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0375
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt02234
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2906
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01860
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0375
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt02397
IRS990EZ/GrossReceiptsAmt02234
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LoansToFromOfficersAmt01185
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0675
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-2231
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0675
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-2231
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Adam O'Sullivan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Josh Felperin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2John Fosco
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02743
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Organization is organized exclusively for charitable, religious, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided grants to sports related community organizations.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02743
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02397
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01185
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02606
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05140
IRS990EZ/TotalProgramServiceExpensesAmt02743
IRS990EZ/TotalRevenueAmt02234
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.nextcontender.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02234
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02860
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08469
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt08469
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02234
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02860
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03375
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08469
IRS990ScheduleA/TotalSupportAmt08469
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0593
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1592
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Start Up
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Start Up
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0593
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1592
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Adam O'Sullivan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Josh Felperin
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/TotalBalanceDueAmt01185
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $2078
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest $94
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank Charges $321
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Payable to Officers, Directors, Etc. - Beginning $1185 Payable to Officers, Directors, Etc. - Ending $1185
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Credit Cards - Beginning $0 Credit Cards - Ending $1421
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Total Liabilities.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Total Liabilities.1
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Adam O'Sullivan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Raise It Now Foundation NFP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0dba Next Contender Foundation
ReturnHeader/Filer/BusinessNameControlTxt0RAIS
ReturnHeader/Filer/EIN0454036700
ReturnHeader/Filer/USAddress/AddressLine1Txt01919 S Michigan Ave
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060616
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Michael F Barrett CPA MBA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05735 West Pensacola Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0606341722
ReturnHeader/PreparerPersonGrp/PhoneNum07737251225
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael F Barrett CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-05-15T15:55:51-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.