Civic Intelligence

Parentpowerchicago Inc

EIN 46-2003110 • 501(c)3 • Northbrook, IL

Profile

To provide a single access point for parents in the greater chicago area to connect with resources they need to find the best education for their children.

3100 Sanders Road Suite 500Northbrook, IL 60062

www.parentpowerchicago.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

2nd percentile

-2601%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

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 2017

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-100%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$0

Down $38,338 (-100%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Down

$0

Down $38,338 (-100%) from 2016

Revenue

Down

$1,395

Down $688,280 (-100%) from 2016

Expenses

Down

$37,675

Down $883,010 (-96%) from 2016

Net Income

Up

-$36,280

Up $194,730 (+84%) from 2016

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $90,540Liabilities 2013: $55,256Net Assets 2013: $35,2842013Assets 2014: $252,819Liabilities 2014: $163,384Net Assets 2014: $89,4352014Assets 2015: $292,185Liabilities 2015: $36,339Net Assets 2015: $255,8462015Assets 2016: $38,338Liabilities 2016: $0Net Assets 2016: $38,3382016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $800,000Expenses 2013: $764,716Net Income 2013: $35,2842013Revenue 2014: $2,600,000Expenses 2014: $2,545,849Net Income 2014: $54,1512014Revenue 2015: $3,090,000Expenses 2015: $2,923,589Net Income 2015: $166,4112015Revenue 2016: $689,675Expenses 2016: $920,685Net Income 2016: -$231,0102016Revenue 2017: $1,395Expenses 2017: $37,675Net Income 2017: -$36,2802017

Highlighted filing

2017

Revenue$1,395
Expenses$37,675
Net Income-$36,280

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.3
Gross Receipts
$1,395
Mission and Program Overview

Mission

To provide a single access point for parents in the greater chicago area to connect with resources they need to find the best education for their children.

To help parents help their children improve their learning skills and be successful in school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$38,338$0▼ $38,338
Rtn Earn Endowment Incm Other Fnds$38,338$0▼ $38,338
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$38,338$0▼ $38,338
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$38,338$0▼ $38,338
Total Liabilities and Net Assets / Fund Balance$38,338$0▼ $38,338
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tommy Mike PappasDirector/president
Michele KangDirector/secretary
James C BrownDirector/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,395
Change in Net Assets
$-36,280
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$37,548
Salaries, Compensation, and Employee Benefits$127
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$37,135-$37,135
Other Expenses-$150-$150
Payroll Taxes$127--$127
Fees for Services Other-$110-$110
Total Functional Expenses$127$37,548$0$37,675
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Conflict-of-interest policy
Yes
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

Internally prepared data is used to prepare form 990. The form is then reviewed internally by the organization. A copy of form 990 is provided to the board prior to filing.

FORM 990, PART VI, SECTION B, LINE 12C:

The officers are required to report any conflicts of interest under the policies of parentpowerchicago. Any conflicts must be disclosed in writing before entering into the transaction to the governing board. A transaction may not be entered into until approved by a vote of the current board members. Each member of the governing board and each officer shall file a yearly statement with the treasurer certifying that he or she has read, and is familiar with the terms of, this conflict of interest policy, and either (a) disclose any possible conflicts of interest which may have arisen or which may be expected to arise in the next year, or (b) confirm that he or she knows of no such possible conflict of interest.

FORM 990, PART VI, SECTION C, LINE 19:

Governing documents, conflict of interest policy, and financial statements are made available to the public on an as needed basis after thorough consideration for the use.

Filing and Contact Details

Filer

Filer Name
Parentpowerchicago Inc
EIN
46-2003110
In Care Of
% JAMES C BROWN
Phone
8475592000
Address
3100 SANDERS ROAD SUITE 500, NORTHBROOK, IL 60062

Signing Officer

Name
James C Brown
Title
Treasurer
Phone
8475592000
Signed
2018-05-15

Organization Details

Principal Officer
James C Brown
Formed
2013
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:

Parentpowerchicago, inc. (the corporation) is an illinois non-profit philanthropic corporation, the purpose of which is to apply its income or property, or both, exclusively for charitable, scientific, literary or educational purposes and to engage in such other activities that are exclusively in futherance of these purposes. The corporation provides single-point-of-contact access to parents for a wide range of educational and cultural services for their children. Access is via a free, 800-number that reaches a call center. The call center is a 24-hour, 7-day-a-week organization that will identify the resource appropriate to the parent's need and ensure that a contact is made to a real person to address that need. The corporation forms relationships with existing resources to support services such as afterschool programs, tutoring, school options and cultural enrichment. The corporation is solution neutral and functions as an access point for parents that matches their needs or questions with resources that are appropriate. As an over-arching objective, the corporation encourages parents to feel empowered to take greater control of and participation in their children's education. The corporation works with local community and church leaders, parents' groups and others to provide a link to parents where they live. The corporation also has a "parent-to-parent" initiative that connects parents with other parents with similar issues.

FORM 990, PART XI, LINE 9:

Distribution of cash: ($2,058) total other changes in net assets or fund balances: ($2,058)

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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(c)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0COST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0THE RESURRECTION PROJECT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01818 SOUTH PAULINA AVENUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0CHICAGO
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IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PARENTPOWERCHICAGO, INC. (THE CORPORATION) IS AN ILLINOIS NON-PROFIT PHILANTHROPIC CORPORATION, THE PURPOSE OF WHICH IS TO APPLY ITS INCOME OR PROPERTY, OR BOTH, EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES AND TO ENGAGE IN SUCH OTHER ACTIVITIES THAT ARE EXCLUSIVELY IN FUTHERANCE OF THESE PURPOSES. THE CORPORATION PROVIDES SINGLE-POINT-OF-CONTACT ACCESS TO PARENTS FOR A WIDE RANGE OF EDUCATIONAL AND CULTURAL SERVICES FOR THEIR CHILDREN. ACCESS IS VIA A FREE, 800-NUMBER THAT REACHES A CALL CENTER. THE CALL CENTER IS A 24-HOUR, 7-DAY-A-WEEK ORGANIZATION THAT WILL IDENTIFY THE RESOURCE APPROPRIATE TO THE PARENT'S NEED AND ENSURE THAT A CONTACT IS MADE TO A REAL PERSON TO ADDRESS THAT NEED. THE CORPORATION FORMS RELATIONSHIPS WITH EXISTING RESOURCES TO SUPPORT SERVICES SUCH AS AFTERSCHOOL PROGRAMS, TUTORING, SCHOOL OPTIONS AND CULTURAL ENRICHMENT. THE CORPORATION IS SOLUTION NEUTRAL AND FUNCTIONS AS AN ACCESS POINT FOR PARENTS THAT MATCHES THEIR NEEDS OR QUESTIONS WITH RESOURCES THAT ARE APPROPRIATE. AS AN OVER-ARCHING OBJECTIVE, THE CORPORATION ENCOURAGES PARENTS TO FEEL EMPOWERED TO TAKE GREATER CONTROL OF AND PARTICIPATION IN THEIR CHILDREN'S EDUCATION. THE CORPORATION WORKS WITH LOCAL COMMUNITY AND CHURCH LEADERS, PARENTS' GROUPS AND OTHERS TO PROVIDE A LINK TO PARENTS WHERE THEY LIVE. THE CORPORATION ALSO HAS A "PARENT-TO-PARENT" INITIATIVE THAT CONNECTS PARENTS WITH OTHER PARENTS WITH SIMILAR ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INTERNALLY PREPARED DATA IS USED TO PREPARE FORM 990. THE FORM IS THEN REVIEWED INTERNALLY BY THE ORGANIZATION. A COPY OF FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS ARE REQUIRED TO REPORT ANY CONFLICTS OF INTEREST UNDER THE POLICIES OF PARENTPOWERCHICAGO. ANY CONFLICTS MUST BE DISCLOSED IN WRITING BEFORE ENTERING INTO THE TRANSACTION TO THE GOVERNING BOARD. A TRANSACTION MAY NOT BE ENTERED INTO UNTIL APPROVED BY A VOTE OF THE CURRENT BOARD MEMBERS. EACH MEMBER OF THE GOVERNING BOARD AND EACH OFFICER SHALL FILE A YEARLY STATEMENT WITH THE TREASURER CERTIFYING THAT HE OR SHE HAS READ, AND IS FAMILIAR WITH THE TERMS OF, THIS CONFLICT OF INTEREST POLICY, AND EITHER (A) DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST WHICH MAY HAVE ARISEN OR WHICH MAY BE EXPECTED TO ARISE IN THE NEXT YEAR, OR (B) CONFIRM THAT HE OR SHE KNOWS OF NO SUCH POSSIBLE CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON AN AS NEEDED BASIS AFTER THOROUGH CONSIDERATION FOR THE USE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DISTRIBUTION OF CASH: ($2,058) TOTAL OTHER CHANGES IN NET ASSETS OR FUND BALANCES: ($2,058)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03100 SANDERS ROAD SUITE 500
IRS990/USAddress/CityNm0NORTHBROOK
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IRS990/WebsiteAddressTxt0WWW.PARENTPOWERCHICAGO.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES C BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08475592000
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARENTPOWERCHICAGO INC
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ReturnHeader/Filer/InCareOfNm0% JAMES C BROWN
ReturnHeader/Filer/PhoneNum08475592000
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ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId031000020182195000000

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