Civic Intelligence

Icbg Inc

990 • Fiscal year 2015 • EIN 46-5007165

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 15, 2016

3340 N Kedzie AvenueChicago, IL 60618

(773) 386-2337

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

23rd percentile

0.00x

Higher debt load relative to revenue than 23% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Net Margin

76th percentile

12%

Higher net margin than 76% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

51st percentile

$64,615

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Asset Growth

84th percentile

24%

Faster asset growth than 84% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

85th percentile

22%

Faster revenue growth than 85% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$322,883

Up $61,589 (+24%) from 2014

Net Assets

Up

$321,283

Up $87,679 (+38%) from 2014

Liabilities

Down

$1,600

Down $26,090 (-94%) from 2014

Revenue

Up

$813,026

Up $149,326 (+22%) from 2014

Expenses

Up

$717,596

Up $287,500 (+67%) from 2014

Net Income

Down

$95,430

Down $138,174 (-59%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $261,294Liabilities 2014: $27,690Net Assets 2014: $233,6042014Assets 2015: $322,883Liabilities 2015: $1,600Net Assets 2015: $321,2832015Assets 2016: $275,886Liabilities 2016: $1,500Net Assets 2016: $274,3862016Assets 2017: $241,798Liabilities 2017: $5,002Net Assets 2017: $236,7962017Assets 2018: $374,002Liabilities 2018: $22,288Net Assets 2018: $351,7142018Assets 2019: $353,675Liabilities 2019: $23,692Net Assets 2019: $329,9832019Assets 2020: $234,147Liabilities 2020: $17,028Net Assets 2020: $217,1192020Assets 2021: $329,971Liabilities 2021: $0Net Assets 2021: $329,9712021Assets 2022: $282,080Liabilities 2022: $3,984Net Assets 2022: $278,0962022Assets 2023: $211,551Liabilities 2023: $0Net Assets 2023: $211,5512023

Highlighted filing

2015

Assets$322,883
Liabilities$1,600
Net Assets$321,283

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $663,700Expenses 2014: $430,096Net Income 2014: $233,6042014Revenue 2015: $813,026Expenses 2015: $717,596Net Income 2015: $95,4302015Revenue 2016: $721,284Expenses 2016: $767,932Net Income 2016: -$46,6482016Revenue 2017: $1,039,142Expenses 2017: $1,072,701Net Income 2017: -$33,5592017Revenue 2018: $937,349Expenses 2018: $822,431Net Income 2018: $114,9182018Revenue 2019: $851,906Expenses 2019: $873,637Net Income 2019: -$21,7312019Revenue 2020: $363,882Expenses 2020: $476,746Net Income 2020: -$112,8642020Revenue 2021: $718,418Expenses 2021: $605,566Net Income 2021: $112,8522021Revenue 2022: $669,810Expenses 2022: $721,685Net Income 2022: -$51,8752022Revenue 2023: $812,603Expenses 2023: $828,534Net Income 2023: -$15,9312023

Highlighted filing

2015

Revenue$813,026
Expenses$717,596
Net Income$95,430
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 15, 2016
Return Version
2015v2.1
Gross Receipts
$813,026
Mission and Program Overview

Mission

To promote the development and expansion of the craft beer industry in illinois.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$247,977$314,816▲ $66,839
Cash and Non-Interest-Bearing Accounts$8,017$8,017→ $0
Accounts Receivable$5,300$50▼ $5,250
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--
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$261,294$322,883▲ $61,589
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$26,940$1,600▼ $25,340
Accounts Payable and Accrued Expenses$750$0▼ $750
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
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$27,690$1,600▼ $26,090
Net Assets / Fund Balance
Unrestricted Net Assets$233,604$321,283▲ $87,679
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$233,604$321,283▲ $87,679
Total Liabilities and Net Assets / Fund Balance$261,294$322,883▲ $61,589
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Justin MaynardExecutive DirectorFT$64,615$64,615

Board Members and Trustees

NameTitle
Kevin CaryPresident
Alex LovinggoodMember
Brant Dubovickmember
Chet Brettmember
Ike OrcuttMember
Matt PottsMember
Will Turnermember
Jim EbelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$137,285
Program Service Revenue
$666,881
Investment Income
$0
Other Revenue
$8,860
All Other Contributions
$137,285
Change in Net Assets
$95,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$580,945
Salaries, Compensation, and Employee Benefits$135,630
Grants and Similar Amounts Paid$1,021
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$446,556
Other Salaries and Wages---$71,015
Current Officers, Directors, Trustees, and Key Employees---$64,615
Fees for Services Lobbying---$54,870
Office Expenses---$24,069
Fees for Services Legal---$13,801
Advertising---$13,546
Insurance---$13,271
Travel---$9,390
Other Expenses---$2,991
Information Technology---$2,451
Grants to Domestic Orgs---$1,021
Total Functional Expenses$0$0$0$717,596
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$64,309
Current Year Nondeductible Lobbying and Political Cost$38,409
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
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

PART VI, SECTION A, LINE 6:

The organization has three classes of members: regular members, associate members, and enthusiast members. Regular members must possess a valid and current brewer's notice issued by the u.s. Alcohol and tobacco tax and trade bureau or it's predecessor, the bureau of alcohol, tobacco and firearms, must own and operate a brewery which brews or sells beer on its own premises in illinois, and produce no more than two million (2,000,000) barrels of beer for commercial sale per year. Regular members are allowed one vote per brewing organization. Associate members may be an individual, entity, or organization in an allied industry or endeavor, including, without limitation, equipment fabricators, material suppliers, contract brewers, consultants to the craft brewing industry, and any breweries whose principal place of business is outside of the state of illinois. Associate members shall not have any right to vote. Enthusiast members may be an individual 21 years or older. An enthusiast member will pay annual membership dues as set by the board of directors and shall not have any right to vote.

PART VI, SECTION A, LINE 7A:

The organization has regular members that approve the individuals elected to the board of directors.

PART VI, SECTION B, LINE 11:

The form 990 is provided to all members of the board of directors for an opportunity to review before the form 990 is filed. The executive director will address any questions the board of directors may have.

PART VI, SECTION B, LINE 12:

The organization is currently in the process of implementing a conflict of interest policy.

PART VI, SECTION B, LINE 15A:

The compensation process for the executive director included the board reviewing similiar organization's salary benchmarks. The compensation was discussed and approved in the board meeting and documented in the minutes.

PART VI, SECTION C, LINE 19:

The organization makes its governing documents and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
Icbg Inc
EIN
46-5007165
In Care Of
% THE ORGANIZATION
Phone
7733862337
Address
3340 N Kedzie Avenue, Chicago, IL 60618
Doing Business As
Illinois Craft Brewers Guild

Signing Officer

Name
Kevin Cary
Title
President
Phone
7733862337
Signed
2016-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Cary
Formed
2014
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
1,000

Preparer

Firm
Bdo USA Llp
Address
1665 Elk Boulevard, Des Plaines, IL 60016-4776
Preparer
Rebekuh Eley
Phone
8478244000
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IRS990/ProgramServiceRevenueGrp/Desc0CCBW EVENT
IRS990/ProgramServiceRevenueGrp/Desc1FOBAB event
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc3OPMR EVENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0139473
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1342516
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2156692
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IRS990/ProgSrvcAccomActy2Grp/Desc0Education - To provide opportunities for its members to further their brewing knowledge and to educate the consumer about the benefits and varieties of craft beer, and to encourage responsible, moderate consumption.
IRS990/ProgSrvcAccomActy3Grp/Desc0Legislative/regulatory - To allow the Guild a voice in addressing all issues, governmental or other, which affect the regulation of our industry.
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IRS990/PYTotalRevenueAmt0663700
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IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS THREE CLASSES OF MEMBERS: REGULAR MEMBERS, ASSOCIATE MEMBERS, AND ENTHUSIAST MEMBERS. REGULAR MEMBERS MUST POSSESS A VALID AND CURRENT BREWER'S NOTICE ISSUED BY THE U.S. ALCOHOL AND TOBACCO TAX AND TRADE BUREAU OR IT'S PREDECESSOR, THE BUREAU OF ALCOHOL, TOBACCO AND FIREARMS, MUST OWN AND OPERATE A BREWERY WHICH BREWS OR SELLS BEER ON ITS OWN PREMISES IN ILLINOIS, AND PRODUCE NO MORE THAN TWO MILLION (2,000,000) BARRELS OF BEER FOR COMMERCIAL SALE PER YEAR. REGULAR MEMBERS ARE ALLOWED ONE VOTE PER BREWING ORGANIZATION. ASSOCIATE MEMBERS MAY BE AN INDIVIDUAL, ENTITY, OR ORGANIZATION IN AN ALLIED INDUSTRY OR ENDEAVOR, INCLUDING, WITHOUT LIMITATION, EQUIPMENT FABRICATORS, MATERIAL SUPPLIERS, CONTRACT BREWERS, CONSULTANTS TO THE CRAFT BREWING INDUSTRY, AND ANY BREWERIES WHOSE PRINCIPAL PLACE OF BUSINESS IS OUTSIDE OF THE STATE OF ILLINOIS. ASSOCIATE MEMBERS SHALL NOT HAVE ANY RIGHT TO VOTE. ENTHUSIAST MEMBERS MAY BE AN INDIVIDUAL 21 YEARS OR OLDER. AN ENTHUSIAST MEMBER WILL PAY ANNUAL MEMBERSHIP DUES AS SET BY THE BOARD OF DIRECTORS AND SHALL NOT HAVE ANY RIGHT TO VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS REGULAR MEMBERS THAT APPROVE THE INDIVIDUALS ELECTED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR AN OPPORTUNITY TO REVIEW BEFORE THE FORM 990 IS FILED. THE EXECUTIVE DIRECTOR WILL ADDRESS ANY QUESTIONS THE BOARD OF DIRECTORS MAY HAVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION IS CURRENTLY IN THE PROCESS OF IMPLEMENTING A CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION PROCESS FOR THE EXECUTIVE DIRECTOR INCLUDED THE BOARD REVIEWING SIMILIAR ORGANIZATION'S SALARY BENCHMARKS. THE COMPENSATION WAS DISCUSSED AND APPROVED IN THE BOARD MEETING AND DOCUMENTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION A, LINE 6:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION A, LINE 7A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION B, LINE 11:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI, SECTION B, LINE 12:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI, SECTION B, LINE 15A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VI, SECTION C, LINE 19:
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0813026
IRS990/TotalVolunteersCnt01000
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IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03340 N Kedzie Avenue
IRS990/USAddress/CityNm0Chicago
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060618
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.illinoisbeer.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN CARY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07733862337
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ICBG INC
ReturnHeader/Filer/BusinessNameControlTxt0ICBG
ReturnHeader/Filer/EIN0465007165
ReturnHeader/Filer/InCareOfNm0% THE ORGANIZATION
ReturnHeader/Filer/PhoneNum07733862337
ReturnHeader/Filer/USAddress/AddressLine1Txt03340 N Kedzie Avenue

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