Civic Intelligence

Lemons of Love Inc

EIN 47-1308073 • 501(c)3 • Des Plaines, IL

Profile

Its our mission to share love with those impacted by cancer through personalized care packages, free programs and ongoing support.

433 E Golf RoadDes Plaines, IL 60016

lemonsoflove.org

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.48x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

85th percentile

0.70x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

26th percentile

-6.6%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

51st percentile

$60,000

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

23rd percentile

-5.6%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-17%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,366,015

Down $81,716 (-5.6%) from 2022

Liabilities

Down

$653,070

Down $33,748 (-4.9%) from 2022

Net Assets

Down

$712,945

Down $47,968 (-6.3%) from 2022

Revenue

Down

$930,542

Down $194,731 (-17%) from 2022

Expenses

Up

$991,605

Up $88,629 (+9.8%) from 2022

Net Income

Down

-$61,063

Down $283,360 (-127%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2015: $8,273Liabilities 2015: $8,451Net Assets 2015: -$1782015Assets 2016: $27,453Liabilities 2016: $4,472Net Assets 2016: $22,9812016Assets 2017: $341,817Liabilities 2017: $232,481Net Assets 2017: $109,3362017Assets 2018: $740,036Liabilities 2018: $323,956Net Assets 2018: $416,0802018Assets 2019: $758,806Liabilities 2019: $341,218Net Assets 2019: $417,5882019Assets 2020: $1,183,662Liabilities 2020: $709,822Net Assets 2020: $473,8402020Assets 2021: $1,235,628Liabilities 2021: $697,012Net Assets 2021: $538,6162021Assets 2022: $1,447,731Liabilities 2022: $686,818Net Assets 2022: $760,9132022Assets 2023: $1,366,015Liabilities 2023: $653,070Net Assets 2023: $712,9452023

Highlighted filing

2023

Assets$1,366,015
Liabilities$653,070
Net Assets$712,945

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $108,297Expenses 2015: $109,452Net Income 2015: -$1,1552015Revenue 2016: $285,346Expenses 2016: $262,187Net Income 2016: $23,1592016Revenue 2017: $561,131Expenses 2017: $474,778Net Income 2017: $86,3532017Revenue 2018: $855,379Expenses 2018: $504,140Net Income 2018: $351,2392018Revenue 2019: $750,370Expenses 2019: $748,862Net Income 2019: $1,5082019Revenue 2020: $781,676Expenses 2020: $724,884Net Income 2020: $56,7922020Revenue 2021: $908,988Expenses 2021: $844,212Net Income 2021: $64,7762021Revenue 2022: $1,125,273Expenses 2022: $902,976Net Income 2022: $222,2972022Revenue 2023: $930,542Expenses 2023: $991,605Net Income 2023: -$61,0632023

Highlighted filing

2023

Revenue$930,542
Expenses$991,605
Net Income-$61,063

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 28, 2024
Return Version
2023v5.1
Gross Receipts
$930,542
Mission and Program Overview

Mission

To make chemo care packages for those who are going through chemotherapy treatments

Its our mission to share love with those impacted by cancer through personalized care packages, free programs and ongoing support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$628,600$704,346▲ $75,746
Cash and Non-Interest-Bearing Accounts$622,203$365,622▼ $256,581
Accounts Receivable$38,996$99,365▲ $60,369
Inventories for Sale or Use$53,334$60,331▲ $6,997
Investments in Publicly Traded Securities$15,887$28,977▲ $13,090
Total Assets$1,447,731$1,366,015▼ $81,716
Other Assets Total$88,711$107,374▲ $18,663
Liabilities
Mortgage Notes Payable Secured by Investment Property$670,883$611,950▼ $58,933
Accounts Payable and Accrued Expenses$15,935$41,120▲ $25,185
Total Liabilities$686,818$653,070▼ $33,748
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$750,913$702,945▼ $47,968
Net Assets With Donor Restrictions$10,000$10,000→ $0
Total Net Assets Fund Balance$760,913$712,945▼ $47,968
Total Liabilities and Net Assets / Fund Balance$1,447,731$1,366,015▼ $81,716

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$598,356-$598,356
Buildings$247,500-$247,500
Other Land Buildings$53,232-$53,232
Equipment$30,811-$30,811
Land$27,500-$27,500
Other Assets Org$93,788--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jill SwansonExecutive DirectorFT$60,000$60,000

Board Members and Trustees

NameTitle
William KneePresident
John SaccamenoOfficer
Todd LambOfficer
Bethany PorterSecretary
John DalyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$928,905
Program Service Revenue
$0
Investment Income
$1,637
Other Revenue
$0
All Other Contributions
$928,905
Change in Net Assets
$-61,063

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table128$208,820
Total Noncash Contributions128$208,820

Audited Revenue Reconciliation

Revenue per Audited Statements
$930,542
Revenue Not Reported on Form 990
$13,090
Total Revenue per Audited Statements
$943,632
Total Revenue per Form 990
$930,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$786,006
Salaries, Compensation, and Employee Benefits$205,599
Total Fundraising Expense$180,581
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$395,788$31,727$59,986$487,501
Other Salaries and Wages$109,199$14,560$21,840$145,599
Occupancy$53,164$10,633$7,088$70,885
Current Officers, Directors, Trustees, and Key Employees$45,000$6,000$9,000$60,000
Other Expenses$0$0$55,530$55,530
Depreciation Depletion$34,573$8,135$8,086$50,794
Fees for Services Accounting$9,393$9,678$9,394$28,465
Interest$13,795$5,912$0$19,707
Travel$6,721$10,079$0$16,800
Insurance$6,439$6,439$1,431$14,309
Office Expenses$2,521$7,564$2,521$12,606
Advertising$5,238$0$5,239$10,477
Total Functional Expenses$687,278$123,746$180,581$991,605

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$991,601
Total Expenses per Audited Statements$991,601
Total Expenses per Form 990$991,601
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jill SwansonOfficerOffice Rent PaymentsNo$70,885
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Lemons of Love Inc
EIN
47-1308073
Phone
8472086308
Address
433 E GOLF ROAD, DES PLAINES, IL 60016

Signing Officer

Name
Jill Swanson
Title
Executive Director
Phone
8472086308
Signed
2024-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jill Swanson
Formed
2014
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
5
Employees
7
Volunteers
150

Preparer

Firm
Weiss & Thompson Pc
Address
148 RANDHURST VILLAGE DRIVE SUITE 2, MOUNT PROSPECT, IL 60056
Preparer
Amy Thompson
Phone
8475937558
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Copies of the 990 were sent to officers for review before the return was filed

Pt VI, Line 8B

The organization does not have subcommittees that serve on behalf of the full board

Pt VI, Line 12C

Conflicts of interest are addressed by the board as they arise.

Pt VI, Line 15A

The executive directors salary is determined by the board based on comparable executive director salaries.

Pt VI, Line 15B

When applicable, officer or key employee compensation is reviewed and approved by the board of directors.

Pt VI, Line 18

The 990 can be acquired through the il attorney general and the guidestar.org websites

Pt VI, Line 19

AVAILABLE UPON REQUEST

Form 990, Part IX, Line 24E

Fundraising 27340. 0. 0. 27340.

Form 990, Part IX, Line 24E

Independent contractors 12300. 6150. 6150. 0.

Form 990, Part IX, Line 24E

In-kind donation 208820. 177497. 10441. 20882.

Form 990, Part IX, Line 24E

Meals 3834. 575. 2684. 575.

Form 990, Part IX, Line 24E

Postage 16833. 11783. 2525. 2525.

Form 990, Part IX, Line 24E

Program materials 177476. 177476. 0. 0.

Form 990, Part IX, Line 24E

Repairs & maintenance 3692. 2954. 738. 0.

Form 990, Part IX, Line 24E

STORAGE 524. 0. 524. 0.

Form 990, Part IX, Line 24E

Software 10217. 3474. 3372. 3371.

Form 990, Part IX, Line 24E

Utilities 26465. 15879. 5293. 5293.

Financial Statement Notes

Other

Part x - fasb asc 740 footnote - the organization is exempt from federal and state income taxs under section 501c3 of the internal revenue code, therefore, the financial statements do not include a provision for income taxes. The organization reviews income tax positions taken or expected to be taken in income tax returns to determine if there are any income tax uncertainties. This includes positions that the entity is exempt from income taxes or not subject to income taxes on unrelated business income. The organization recognizes tax benefits from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by taxing authorities. Based on the technical merits of the positions, the organnization has identified no significant income tax uncertanties. The organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the irs.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0247500
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0247500
IRS990ScheduleD/EquipmentGrp/BookValueAmt030811
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030811
IRS990ScheduleD/ExpensesSubtotalAmt0991601
IRS990ScheduleD/LandGrp/BookValueAmt027500
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt027500
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0598356
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0598356
IRS990ScheduleD/NetUnrealizedGainsInvstAmt013090
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt013586
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt193788
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OPERATING LEASE - RIGHT OF USE
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt053232
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART X - FASB ASC 740 FOOTNOTE - THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXS UNDER SECTION 501C3 OF THE INTERNAL REVENUE CODE, THEREFORE, THE FINANCIAL STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. THE ORGANIZATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES. BASED ON THE TECHNICAL MERITS OF THE POSITIONS, THE ORGANNIZATION HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTANTIES. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS.
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JILL SWANSON
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0LEMONS OF LOVE LEASES ITS OFFICE FACILITIES FROM A COMPANY OWNED BY THE EXECUTIVE DIRECTOR.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPIES OF THE 990 WERE SENT TO OFFICERS FOR REVIEW BEFORE THE RETURN WAS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE SUBCOMMITTEES THAT SERVE ON BEHALF OF THE FULL BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICTS OF INTEREST ARE ADDRESSED BY THE BOARD AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTORS SALARY IS DETERMINED BY THE BOARD BASED ON COMPARABLE EXECUTIVE DIRECTOR SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WHEN APPLICABLE, OFFICER OR KEY EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 990 CAN BE ACQUIRED THROUGH THE IL ATTORNEY GENERAL AND THE GUIDESTAR.ORG WEBSITES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FUNDRAISING 27340. 0. 0. 27340.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8INDEPENDENT CONTRACTORS 12300. 6150. 6150. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9IN-KIND DONATION 208820. 177497. 10441. 20882.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MEALS 3834. 575. 2684. 575.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11POSTAGE 16833. 11783. 2525. 2525.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PROGRAM MATERIALS 177476. 177476. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13REPAIRS & MAINTENANCE 3692. 2954. 738. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14STORAGE 524. 0. 524. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15SOFTWARE 10217. 3474. 3372. 3371.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16UTILITIES 26465. 15879. 5293. 5293.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
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