Civic Intelligence

Expert Initiatives Foundation

990EZ • Fiscal year 2015 • EIN 45-5532456

Jan 01, 2015 to Dec 31, 2015 • Filed on May 17, 2016

405 N Wabash Unit 4805Chicago, IL 60611

(312) 273-8640

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

47th percentile

2.0%

Higher net margin than 47% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

81st percentile

$16,652

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

80th percentile

37%

Faster asset growth than 80% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

75th percentile

24%

Faster revenue growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$8,570

Up $2,292 (+37%) from 2014

Net Assets

Up

$8,570

Up $2,292 (+37%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$113,687

Up $21,865 (+24%) from 2014

Expenses

Up

$111,395

Up $26,549 (+31%) from 2014

Net Income

Down

$2,292

Down $4,684 (-67%) from 2014

Historical Trend

Balance Sheet Trend

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

$10K$5.0K$0-$5.0KAssets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $669Liabilities 2013: $1,367Net Assets 2013: -$6982013Assets 2014: $6,278Liabilities 2014: $0Net Assets 2014: $6,2782014Assets 2015: $8,570Liabilities 2015: $0Net Assets 2015: $8,5702015Assets 2016: $9,771Liabilities 2016: $0Net Assets 2016: $9,7712016Assets 2017: $7,788Liabilities 2017: $0Net Assets 2017: $7,7882017Assets 2018: $1,126Liabilities 2018: $0Net Assets 2018: $1,1262018Assets 2019: $15Liabilities 2019: $0Net Assets 2019: $152019Assets 2020: $15Liabilities 2020: $0Net Assets 2020: $152020

Highlighted filing

2015

Assets$8,570
Liabilities$0
Net Assets$8,570

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2012: $11,972Expenses 2012: $12,242Net Income 2012: -$2702012Revenue 2013: $40,033Expenses 2013: $40,731Net Income 2013: -$6982013Revenue 2014: $91,822Expenses 2014: $84,846Net Income 2014: $6,9762014Revenue 2015: $113,687Expenses 2015: $111,395Net Income 2015: $2,2922015Revenue 2016: $185,556Expenses 2016: $184,355Net Income 2016: $1,2012016Revenue 2017: $141,257Expenses 2017: $143,240Net Income 2017: -$1,9832017Revenue 2018: $122,851Expenses 2018: $124,506Net Income 2018: -$1,6552018Revenue 2019: $29,835Expenses 2019: $30,946Net Income 2019: -$1,1112019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020

Highlighted filing

2015

Revenue$113,687
Expenses$111,395
Net Income$2,292
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 17, 2016
Return Version
2015v2.1
Gross Receipts
$113,687
Mission and Program Overview

Mission

Expert Initiatives Foundation (EIF) will create and offer lectures, conferences and discussion groups designed to educate people about the culture and history of various European countries as well as on various complex social and political dynamics faced by those countries. EIF will promote the exchange of ideas between professionals and leaders in the U.S. with their counterparts in specific countries. EIF is planning weekend classes, similar to "after school programs" for Bulgarian children and youth in the United States to teach them about Bulgarian culture, language, history and art. The general public will benefit from EIF's educational and cultural programs by learning about history, music, dance, art, and theater as well as experiencing cultural festivities.

EIF will create and offer lectures, conferences and discussion groups designed to educate people about the culture and history of various European countries as well as on various complex social and political dynamics faced by those countries. EIF will promote the exchange of ideas between professionals and leaders in the U.S. with their counterparts in specific countries. EIF is planning weekend classes, similar to "after school programs" for Bulgarian children and youth in the United States to teach them about Bulgarian culture, language, history and arts. The general public will benefit from EIF's educational and cultural programs by learning about history, music, dance, art, and theater as well as experiencing cultural festivals.

Program Services

DescriptionGrantsExpenses
EIF had a very successful 2015 in terms of achieving its program objectives. In addition to bringing several very talented singers for culturally unique concerts, and maintaining the Bulgarian language program, it started organizing theatrical plays starring famous Bulgarian actors and actresses, which had a great reception with local Bulgarian audiences.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Petya RomanovaPresident And Executive DirectorPT$16,652-$16,652
Ivan PetrovSecretaryPT$0--
Stella TahrilovaDirector Event Management, Vice President And Treasurer-$0--
Ramona RatiuInformation Systems Consultant-$0--
Filing and Contact Details

Filer

Filer Name
Expert Initiatives Foundation
EIN
45-5532456
Phone
3122738640
Address
405 N Wabash Unit 4805, Chicago, IL 60611

Signing Officer

Name
Ivan Petrov
Title
Secretary
Phone
7654095810
Signed
2016-05-17
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Plane tickets and other travel expenses, dinners, entertainment, financial charges, business phone bills

Raw XML Appendix162 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Ivan Petrov
IRS990EZ/BooksInCareOfDetail/PhoneNum07654095810
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05415 N Sheridan Rd
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0Unit 3201
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060640
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06278
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08570
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt023664
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt02292
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt020811
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeCountryCd0BU
IRS990EZ/ForeignOfficeInd01
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06278
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08570
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0113687
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06278
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08570
IRS990EZ/OccupancyRentUtltsAndMaintAmt012894
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt016652
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Petya Romanova
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Ivan Petrov
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Stella Tahrilova
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Ramona Ratiu
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President and Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director Event Management, Vice President and Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Information Systems Consultant
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt022840
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0EIF will create and offer lectures, conferences and discussion groups designed to educate people about the culture and history of various European countries as well as on various complex social and political dynamics faced by those countries. EIF will promote the exchange of ideas between professionals and leaders in the U.S. with their counterparts in specific countries. EIF is planning weekend classes, similar to "after school programs" for Bulgarian children and youth in the United States to teach them about Bulgarian culture, language, history and arts. The general public will benefit from EIF's educational and cultural programs by learning about history, music, dance, art, and theater as well as experiencing cultural festivals.
IRS990EZ/PrintingPublicationsPostageAmt0445
IRS990EZ/ProgramServiceRevenueAmt090023
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EIF had a very successful 2015 in terms of achieving its program objectives. In addition to bringing several very talented singers for culturally unique concerts, and maintaining the Bulgarian language program, it started organizing theatrical plays starring famous Bulgarian actors and actresses, which had a great reception with local Bulgarian audiences.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt054405
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0111395
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0113687
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0expertinitiativesfoundation.com
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt023664
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt013960
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt037624
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt090023
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt077862
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0167885
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0205509
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0113687
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt091822
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0205509
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0113687
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt091822
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0205509
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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/ExplanationTxt0Plane tickets and other travel expenses, dinners, entertainment, financial charges, business phone bills
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0I sincerely apologize for filing the return several hours late, as other, unrelated and unforeseen work, as well as family circumstances delayed me completing the forms.
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Ivan Petrov
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum07654095810
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXPERT INITIATIVES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0EXPE
ReturnHeader/Filer/EIN0455532456
ReturnHeader/Filer/PhoneNum03122738640
ReturnHeader/Filer/USAddress/AddressLine1Txt0405 N Wabash Unit 4805
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060611
ReturnHeader/ReturnTs02016-05-17T11:09:34-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings