Civic Intelligence

Color Me Africa Fine Arts

EIN 46-4699448 • 501(c)3 • Chicago, IL

Pub. 78 Eligible990-N Coverage

Profile

Exempt purpose is to implement educational programs featuring African art.

1522 W Howard St STE 3NChicago, IL 60626

n/A

Siviq Scores

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

Liabilities / Assets

94th percentile

1.04x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

2.08x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

86th percentile

39%

Higher net margin than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

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 2023

Asset Growth

78th percentile

24%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

14th percentile

-63%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$11,520

Up $2,235 (+24%) from 2022

Liabilities

Flat

$12,000

Flat from 2022

Net Assets

Up

-$480

Up $2,235 (+82%) from 2022

Revenue

Down

$5,759

Down $9,769 (-63%) from 2022

Expenses

Down

$3,524

Down $11,081 (-76%) from 2022

Net Income

Up

$2,235

Up $1,312 (+142%) from 2022

Trend Graphs

Balance Sheet Trend

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

$15K$10K$5.0K$0-$5.0KAssets 2018: $12Liabilities 2018: $0Net Assets 2018: $122018Assets 2019: $19Liabilities 2019: $0Net Assets 2019: $192019Assets 2020: $2,657Liabilities 2020: $0Net Assets 2020: $2,6572020Assets 2021: $8,362Liabilities 2021: $12,000Net Assets 2021: -$3,6382021Assets 2022: $9,285Liabilities 2022: $12,000Net Assets 2022: -$2,7152022Assets 2023: $11,520Liabilities 2023: $12,000Net Assets 2023: -$4802023

Highlighted filing

2023

Assets$11,520
Liabilities$12,000
Net Assets-$480

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2018: $47,064Expenses 2018: $47,052Net Income 2018: $122018Revenue 2019: $1,655Expenses 2019: $1,648Net Income 2019: $72019Revenue 2020: $6,411Expenses 2020: $3,773Net Income 2020: $2,6382020Revenue 2021: $15,114Expenses 2021: $21,409Net Income 2021: -$6,2952021Revenue 2022: $15,528Expenses 2022: $14,605Net Income 2022: $9232022Revenue 2023: $5,759Expenses 2023: $3,524Net Income 2023: $2,2352023

Highlighted filing

2023

Revenue$5,759
Expenses$3,524
Net Income$2,235

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$9,649
Mission and Program Overview

Mission

Exempt purpose is to implement educational programs featuring African art.

Program Services

DescriptionGrantsExpenses
SUPPORTING AFRICAN ARTISTS-$2,300
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Soraya SheppardExecutive Director-$0--
Judith AburmishanTreasurer-$0--
Nadia PillaySecretary-$0--
Filing and Contact Details

Filer

Filer Name
Color Me Africa Fine Arts
EIN
46-4699448
Phone
3124776077
Address
1522 W Howard St STE 3N, Chicago, IL 60626

Signing Officer

Name
Soraya Sheppard
Title
Executive Director
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
A&a CPA LLC
Address
906 S 4TH AVENUE, LIBERTYVILLE, IL 60048
Preparer
Judith Aburmishan
Phone
2245802020
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $1088

Other Expenses.1002

Office Expenses $1567

Other Expenses.1005

Travel $39

Other Expenses.1008

Interest $275

Other Expenses.1

Storage of Art $299

Other Expenses.3

Phone $40

Total Liabilities.1

- Beginning $12000 - Ending $0

Raw XML Appendix145 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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IRS990EZ/BooksInCareOfDetail/PhoneNum03124776077
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060626
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09285
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011520
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03308
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrintingPublicationsPostageAmt0216
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02300
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt05300
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt012000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt012000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt03524
IRS990EZ/TotalProgramServiceExpensesAmt02300
IRS990EZ/TotalRevenueAmt05759
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04349
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt015528
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt015971
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01655
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04349
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt043070
IRS990ScheduleA/TotalSupportAmt043070
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $1088
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1567
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $39
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest $275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Storage of Art $299
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Phone $40
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6- Beginning $12000 - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1
ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/Filer/BusinessNameControlTxt0COLO
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ReturnHeader/Filer/PhoneNum03124776077
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Judith Aburmishan
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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