Civic Intelligence

Latitude Inc. Nfp

990 • Fiscal year 2018 • EIN 45-5275521

Feb 01, 2017 to Jan 31, 2018 • Filed on Aug 14, 2018

1821 W Hubbard Street 207Chicago, IL 60602

(773) 888-2241

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

83rd percentile

29%

Higher net margin than 83% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

91st percentile

92%

Faster asset growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$137,017

Up $65,520 (+92%) from 2017

Net Assets

Up

$135,636

Up $68,317 (+101%) from 2017

Liabilities

Down

$1,381

Down $2,797 (-67%) from 2017

Revenue

Up

$238,628

Up $39,022 (+20%) from 2017

Expenses

Up

$170,311

Up $21,450 (+14%) from 2017

Net Income

Up

$68,317

Up $17,572 (+35%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $4,892Liabilities 2013: $0Net Assets 2013: $4,8922013Assets 2014: $5,531Liabilities 2014: $02014Assets 2015: $36,203Liabilities 2015: $10,0002015Assets 2016: $22,996Liabilities 2016: $1742016Assets 2017: $71,497Liabilities 2017: $4,178Net Assets 2017: $67,3192017Assets 2018: $137,017Liabilities 2018: $1,381Net Assets 2018: $135,6362018Assets 2019: $163,097Liabilities 2019: $6,787Net Assets 2019: $156,3102019Assets 2020: $140,216Liabilities 2020: $22,780Net Assets 2020: $117,4362020Assets 2021: $120,085Liabilities 2021: $22,843Net Assets 2021: $97,2422021Assets 2022: $169,654Liabilities 2022: $0Net Assets 2022: $169,6542022Assets 2023: $186,458Liabilities 2023: $51,132Net Assets 2023: $135,3262023Assets 2024: $240,619Liabilities 2024: $99,110Net Assets 2024: $141,5092024Assets 2025: $121,943Liabilities 2025: $0Net Assets 2025: $121,9432025

Highlighted filing

2018

Assets$137,017
Liabilities$1,381
Net Assets$135,636

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2013: $26,693Expenses 2013: $21,801Net Income 2013: $4,8922013Revenue 2014: $66,024Expenses 2014: $65,385Net Income 2014: $6392014Revenue 2015: $124,498Expenses 2015: $92,977Net Income 2015: $31,5212015Revenue 2016: $87,927Expenses 2016: $75,554Net Income 2016: $12,3732016Revenue 2017: $199,606Expenses 2017: $148,861Net Income 2017: $50,7452017Revenue 2018: $238,628Expenses 2018: $170,311Net Income 2018: $68,3172018Revenue 2019: $263,544Expenses 2019: $242,870Net Income 2019: $20,6742019Revenue 2020: $277,698Expenses 2020: $276,775Net Income 2020: $9232020Revenue 2021: $205,476Expenses 2021: $217,607Net Income 2021: -$12,1312021Revenue 2022: $273,347Expenses 2022: $373,748Net Income 2022: -$100,4012022Revenue 2023: $416,652Expenses 2023: $417,469Net Income 2023: -$8172023Revenue 2024: $464,656Expenses 2024: $473,119Net Income 2024: -$8,4632024Revenue 2025: $499,033Expenses 2025: $605,408Net Income 2025: -$106,3752025

Highlighted filing

2018

Revenue$238,628
Expenses$170,311
Net Income$68,317
Jump To
Filing Snapshot
Filing Period
Feb 1, 2017 to Jan 31, 2018
Signed
Aug 14, 2018
Return Version
2017v2.3
Gross Receipts
$245,583
Mission and Program Overview

Mission

Facilitate creation of visual arts and organize arts programming

Facilitate creation of visual arts

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$47,334$102,703▲ $55,369
Land, Buildings, and Equipment, Net$14,885$19,123▲ $4,238
Accounts Receivable$8,496$14,220▲ $5,724
Prepaid Expenses and Deferred Charges$782$971▲ $189
Total Assets$71,497$137,017▲ $65,520
Liabilities
Accounts Payable and Accrued Expenses$4,178$1,381▼ $2,797
Total Liabilities$4,178$1,381▼ $2,797
Net Assets / Fund Balance
Unrestricted Net Assets$67,319$135,636▲ $68,317
Total Net Assets Fund Balance$67,319$135,636▲ $68,317
Total Liabilities and Net Assets / Fund Balance$71,497$137,017▲ $65,520

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19,123$19,518$38,641
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jessica PierottiExecutive DirectorFT$25,200$25,200

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$51,809
Program Service Revenue
$183,009
Investment Income
$0
Other Revenue
$3,810
All Other Contributions
$37,785
Change in Net Assets
$68,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$103,322
Salaries, Compensation, and Employee Benefits$66,989
Total Fundraising Expense$5,881
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$35,422--$35,422
Current Officers, Directors, Trustees, and Key Employees$16,704$4,855$3,641$25,200
Occupancy$14,601$1,347$1,010$16,958
Fees for Services Other$11,871--$11,871
Depreciation Depletion$7,334--$7,334
Fees for Services Accounting$5,997$559$419$6,975
Payroll Taxes$3,894$363$272$4,529
Other Expenses$3,727$22$103$3,852
Office Expenses$2,418$28$63$2,509
Insurance$1,502$239$104$1,845
Other Employee Benefits$1,838--$1,838
Conferences and Meetings$273$1,023$38$1,334
Advertising$481$16$191$688
Information Technology$261--$261
Travel$80--$80
Total Functional Expenses$155,528$8,902$5,881$170,311
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,765
Fundraising Direct Expenses$6,955
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
No
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

Latitude's 990 is prepared by independent accountants and reviewed by its executive director and board of directors prior to filing.

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

The executive director's compensation is determined by the board of directors and is contemporaneously documented.

Form 990, Part VI, Section C, Line 19

Latitude makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Latitude Inc Nfp
EIN
45-5275521
Phone
7738882241
Address
1821 W HUBBARD STREET 207, CHICAGO, IL 60602

Signing Officer

Name
Jessica Pierotti
Title
Executive Director
Phone
7738882241
Signed
2018-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessica Pierotti
Formed
2012
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
3
Volunteers
35

Preparer

Firm
Selden Fox Ltd
Address
619 ENTERPRISE DRIVE, OAK BROOK, IL 60523-8835
Preparer
Robert G Wujek
Phone
6309541400
Raw XML AppendixShowing 400 of 402 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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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt065174
IRS990ScheduleA/Total509Grp/TotalAmt0682859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0234098
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0199606
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt087927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt096054
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt065174
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0682859
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt019123
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019518
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038641
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019123
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LATITUDE'S 990 IS PREPARED BY INDEPENDENT ACCOUNTANTS AND REVIEWED BY ITS EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AND IS CONTEMPORANEOUSLY DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LATITUDE MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt071497
IRS990/TotalAssetsEOYAmt0137017
IRS990/TotalAssetsGrp/BOYAmt071497
IRS990/TotalAssetsGrp/EOYAmt0137017
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt051809
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05881
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08902
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0155528
IRS990/TotalFunctionalExpensesGrp/TotalAmt0170311
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04178
IRS990/TotalLiabilitiesEOYAmt01381
IRS990/TotalLiabilitiesGrp/BOYAmt04178
IRS990/TotalLiabilitiesGrp/EOYAmt01381
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt067319
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0135636
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0155528
IRS990/TotalProgramServiceRevenueAmt0183009
IRS990/TotalReportableCompFromOrgAmt025200
IRS990/TotalRevenueGrp/ExclusionAmt03810
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0183009
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0238628
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt071497
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0137017
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt080
IRS990/TravelGrp/TotalAmt080
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt067319
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0135636
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01821 W HUBBARD STREET 207
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060602
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.LATITUDECHICAGO.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JESSICA PIEROTTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07738882241
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LATITUDE INC NFP
ReturnHeader/Filer/BusinessNameControlTxt0LATI
ReturnHeader/Filer/EIN0455275521
ReturnHeader/Filer/PhoneNum07738882241
ReturnHeader/Filer/USAddress/AddressLine1Txt01821 W HUBBARD STREET 207
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060602
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DE88EBB26F1AA656D8C3B164115C4F11AE09418D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D0EFCE03EB3199C33972403B50BDD08E157BC563
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.201.115.82
ReturnHeader/FilingSecurityInformation/IPDt02018-08-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:03:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362985770
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SELDEN FOX LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0619 ENTERPRISE DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAK BROOK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0605238835
ReturnHeader/PreparerPersonGrp/PhoneNum06309541400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT G WUJEK
ReturnHeader/ReturnTs02018-09-13T15:26:52-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-02-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.00$1.22$4.99$6.05$1.06
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.99$1.42$4.65$4.73$0.08
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.51$1.35$4.17$4.17$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.00$1.70$2.73$3.74$1.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.23$0.97$2.05$2.18$0.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.23$1.17$2.78$2.77$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.07$1.56$2.64$2.43$0.21
2018Detailed filing. Detailed filing data is available for this year.$1.37$0.01$1.36$2.39$1.70$0.68
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.04$0.67$2.00$1.49$0.51
2016Summary only. Only limited summary data is available for this year.$0.23$0.00$0.88$0.76$0.12
2015Summary only. Only limited summary data is available for this year.$0.36$0.10$1.24$0.93$0.32
2014Summary only. Only limited summary data is available for this year.$0.06$0.00$0.66$0.65$0.01
2013Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.27$0.22$0.05