Civic Intelligence

Save the Lorraine Foundation

990EZ • Fiscal year 2022 • EIN 46-3754471

Jan 01, 2022 to Dec 31, 2022 • Filed on May 31, 2023

PO Box 247Hoopeston, IL 60942

(217) 283-6111

Siviq Scores

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

Liabilities / Assets

74th percentile

0.05x

Higher debt load relative to assets than 74% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

68th percentile

18%

Higher net margin than 68% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

55th percentile

4.3%

Faster asset growth than 55% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

46th percentile

5.0%

Faster revenue growth than 46% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$482,657

Up $19,964 (+4.3%) from 2021

Net Assets

Up

$460,771

Up $35,433 (+8.3%) from 2021

Liabilities

Down

$21,886

Down $15,469 (-41%) from 2021

Revenue

Up

$196,772

Up $9,282 (+5.0%) from 2021

Expenses

Up

$161,339

Up $51,031 (+46%) from 2021

Net Income

Down

$35,433

Down $41,749 (-54%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $23,380Liabilities 2014: $02014Assets 2015: $42,802Liabilities 2015: $02015Assets 2016: $313,175Liabilities 2016: $10,7302016Assets 2017: $334,911Liabilities 2017: $47,8022017Assets 2018: $349,348Liabilities 2018: $48,8432018Assets 2019: $375,073Liabilities 2019: $50,6822019Assets 2020: $389,248Liabilities 2020: $41,092Net Assets 2020: $348,1562020Assets 2021: $462,693Liabilities 2021: $37,355Net Assets 2021: $425,3382021Assets 2022: $482,657Liabilities 2022: $21,886Net Assets 2022: $460,7712022Assets 2023: $536,842Liabilities 2023: $17,443Net Assets 2023: $519,3992023Assets 2024: $535,690Liabilities 2024: $11,079Net Assets 2024: $524,6112024

Highlighted filing

2022

Assets$482,657
Liabilities$21,886
Net Assets$460,771

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $101,380Expenses 2014: $84,026Net Income 2014: $17,3542014Revenue 2015: $85,931Expenses 2015: $66,511Net Income 2015: $19,4202015Revenue 2016: $125,831Expenses 2016: $91,188Net Income 2016: $34,6432016Revenue 2017: $98,282Expenses 2017: $113,618Net Income 2017: -$15,3362017Revenue 2018: $115,115Expenses 2018: $101,719Net Income 2018: $13,3962018Revenue 2019: $114,400Expenses 2019: $90,514Net Income 2019: $23,8862019Revenue 2020: $99,629Expenses 2020: $73,128Net Income 2020: $26,5012020Revenue 2021: $187,490Expenses 2021: $110,308Net Income 2021: $77,1822021Revenue 2022: $196,772Expenses 2022: $161,339Net Income 2022: $35,4332022Revenue 2023: $211,267Expenses 2023: $152,639Net Income 2023: $58,6282023Revenue 2024: $126,457Expenses 2024: $121,245Net Income 2024: $5,2122024

Highlighted filing

2022

Revenue$196,772
Expenses$161,339
Net Income$35,433
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 31, 2023
Return Version
2022v5.0
Gross Receipts
$196,772
Mission and Program Overview

Mission

To restore the theatre in the community to enhance the community

Program Services

DescriptionGrantsExpenses
RESTORING THEATRE/BENEFITS THE ENTIRE COMMUNITY/CURRENTLY SHOWING MOVIES AT A SMALLER THEATRE TO RAISE FUNDS AND BE KNOWN IN COMMUNITY WHILE CONTINUING TO WORK ON THE LORRAINE.-$147,712
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALEX HOUMESPresident-$0--
JAMES RICHARDSVice-Preside-$0--
MARTA PIERCESecretary-$0--
BETTY RICHARDSTreasurer-$0--
DEBBIE BENJAMINBoard Member-$0--
JEANETTE ANDREBoard Member-$0--
MARILYN TYLERBoard Member-$0--
TAMI GOINBoard Member-$0--
CAROL HICKSBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Save the Lorraine Foundation
EIN
46-3754471
Phone
2172836111
Address
PO BOX 247, HOOPESTON, IL 60942

Signing Officer

Name
Alex Houmes
Title
President
Phone
2172836111
Signed
2023-05-31

Preparer

Firm
Russell Leigh & Associates
Address
228 E MAIN ST, HOOPESTON, IL 60942
Preparer
Russ Leigh
Phone
2172839336
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Sale of building 58,000 miscellaneous 6,574 total 64,574

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 555 interest 591 insurance 7,315 concessions 5,787 movie rights 3,750 miscellaneous 14,934 live entertainment 45,820 fees 248 disposal 2,452 supplies 44,061 licenses 2,081 total 127,594

Form 990-ez, Part I, Line 20

Loss on disposal of fixed assets 0

Form 990-ez, Part II, Line 26

Equipment loan 0 0 building loan 37,355 21,886 improvement loan 0 0 improvement loan 0 0 improvement loan 0 0

Raw XML Appendix174 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SALE OF BUILDING 58,000 MISCELLANEOUS 6,574 TOTAL 64,574
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND PROMOTION 555 INTEREST 591 INSURANCE 7,315 CONCESSIONS 5,787 MOVIE RIGHTS 3,750 MISCELLANEOUS 14,934 LIVE ENTERTAINMENT 45,820 FEES 248 DISPOSAL 2,452 SUPPLIES 44,061 LICENSES 2,081 TOTAL 127,594
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LOSS ON DISPOSAL OF FIXED ASSETS 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EQUIPMENT LOAN 0 0 BUILDING LOAN 37,355 21,886 IMPROVEMENT LOAN 0 0 IMPROVEMENT LOAN 0 0 IMPROVEMENT LOAN 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ALEX HOUMES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02172836111
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAVE THE LORRAINE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SAVE
ReturnHeader/Filer/EIN0463754471
ReturnHeader/Filer/PhoneNum02172836111
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0228 E MAIN ST
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RUSS LEIGH
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-06-21T18:04:00-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JIM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RICHARDS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings