Civic Intelligence

Latitude Inc. Nfp

990 • Fiscal year 2019 • EIN 45-5275521

Feb 01, 2018 to Jan 31, 2019 • Filed on Apr 25, 2019

1821 W Hubbard Street No 207Chicago, IL 60602

(773) 888-2241

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

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

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

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

Net Margin

59th percentile

7.8%

Higher net margin than 59% of similar nonprofits.

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

Top Officer Pay

88th percentile

$35,322

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

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

Asset Growth

71st percentile

19%

Faster asset growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$163,097

Up $26,080 (+19%) from 2018

Net Assets

Up

$156,310

Up $20,674 (+15%) from 2018

Liabilities

Up

$6,787

Up $5,406 (+391%) from 2018

Revenue

Up

$263,544

Up $24,916 (+10%) from 2018

Expenses

Up

$242,870

Up $72,559 (+43%) from 2018

Net Income

Down

$20,674

Down $47,643 (-70%) from 2018

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

2019

Assets$163,097
Liabilities$6,787
Net Assets$156,310

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

2019

Revenue$263,544
Expenses$242,870
Net Income$20,674
Jump To
Filing Snapshot
Filing Period
Feb 1, 2018 to Jan 31, 2019
Signed
Apr 25, 2019
Return Version
2018v3.1
Gross Receipts
$271,141
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$102,703$129,719▲ $27,016
Land, Buildings, and Equipment, Net$19,123$17,170▼ $1,953
Accounts Receivable$14,220$13,561▼ $659
Prepaid Expenses and Deferred Charges$971$2,647▲ $1,676
Total Assets$137,017$163,097▲ $26,080
Liabilities
Accounts Payable and Accrued Expenses$1,381$6,787▲ $5,406
Total Liabilities$1,381$6,787▲ $5,406
Net Assets / Fund Balance
Unrestricted Net Assets$135,636$156,310▲ $20,674
Total Net Assets Fund Balance$135,636$156,310▲ $20,674
Total Liabilities and Net Assets / Fund Balance$137,017$163,097▲ $26,080

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,170$24,741$41,911
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jessica PierottiExecutive DirectorFT$35,322$35,322

Board Members and Trustees

NameTitle
Becca SchlossbergPresident
Nathan MillerDirector
Sangini BrahmbhattDirector
Chris MarkinSecretary
Kelli ConnellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$46,236
Program Service Revenue
$214,390
Investment Income
$287
Other Revenue
$2,631
All Other Contributions
$36,133
Change in Net Assets
$20,674
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$127,644
Salaries, Compensation, and Employee Benefits$115,226
Total Fundraising Expense$9,082
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$70,185--$70,185
Current Officers, Directors, Trustees, and Key Employees$20,505$9,121$5,696$35,322
Occupancy$27,983$2,717$1,709$32,409
Payroll Taxes$7,662$769$480$8,911
Fees for Services Accounting$7,673$761$474$8,908
Depreciation Depletion$7,204--$7,204
Fees for Services Other$5,886--$5,886
Other Expenses$4,401$381$324$5,106
Insurance$1,769$616$107$2,492
Office Expenses$1,603$409-$2,012
Conferences and Meetings$742$705$16$1,463
Advertising$1,286$141-$1,427
Other Employee Benefits$479$329-$808
Travel$287--$287
Information Technology$110--$110
Total Functional Expenses$217,019$16,769$9,082$242,870
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,228
Fundraising Direct Expenses$7,597
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 NO 207, CHICAGO, IL 60602

Signing Officer

Name
Colleen Keihm
Title
Executive Director
Phone
7738882241
Signed
2019-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Colleen Keihm
Formed
2012
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
6
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 406 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/SubstantialContributorsAmtGrp/CurrentTaxYearAmt021300
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt026800
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt048100
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0260626
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0234098
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0199606
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt087927
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt096054
IRS990ScheduleA/Total509Grp/TotalAmt0878311
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0260913
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0234098
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0199606
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt087927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt096054
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0878598
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt017170
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024741
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041911
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017170
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0137017
IRS990/TotalAssetsEOYAmt0163097
IRS990/TotalAssetsGrp/BOYAmt0137017
IRS990/TotalAssetsGrp/EOYAmt0163097
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt046236
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09082
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016769
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0217019
IRS990/TotalFunctionalExpensesGrp/TotalAmt0242870
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01381
IRS990/TotalLiabilitiesEOYAmt06787
IRS990/TotalLiabilitiesGrp/BOYAmt01381
IRS990/TotalLiabilitiesGrp/EOYAmt06787
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0135636
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0156310
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0217019
IRS990/TotalProgramServiceRevenueAmt0214390
IRS990/TotalReportableCompFromOrgAmt035322
IRS990/TotalRevenueGrp/ExclusionAmt02918
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0214390
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0263544
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0137017
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0163097
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0287
IRS990/TravelGrp/TotalAmt0287
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0135636
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0156310
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01821 W HUBBARD STREET NO 207
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060602
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.LATITUDECHICAGO.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0COLLEEN KEIHM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07738882241
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LATITUDE INC NFP
ReturnHeader/Filer/BusinessNameControlTxt0LATI
ReturnHeader/Filer/EIN0455275521
ReturnHeader/Filer/PhoneNum07738882241
ReturnHeader/Filer/USAddress/AddressLine1Txt01821 W HUBBARD STREET NO 207
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060602
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId091872870442C308E71D4639639BA55902F3C806A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DBEF52BAC0A273C55EE2058042DE982C042737B0
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.201.115.82
ReturnHeader/FilingSecurityInformation/IPDt02019-04-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:33:11
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

Document Assets

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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
2019Detailed filing. Detailed filing data is available for this year.$1.63$0.07$1.56$2.64$2.43$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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