Civic Intelligence

South Side Weekly Nfp

EIN 47-1766522 • 501(c)3 • Chicago, IL

Profile

Media education organization that provides a quality platform for journalism about the arts and issues of public interest in neighborhoods on the south side of chicago, illinois and provides training to aspiring journalists.

6100 S Blackstone AveChicago, IL 60637

southsideweekly.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.06x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.03x

Higher debt load relative to revenue than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

49th percentile

3.8%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$51,308

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-15%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$576,428

Up $74,385 (+15%) from 2023

Liabilities

Up

$33,975

Up $32,198 (+1812%) from 2023

Net Assets

Up

$542,453

Up $42,187 (+8.4%) from 2023

Revenue

Down

$1,118,674

Down $198,648 (-15%) from 2023

Expenses

Up

$1,076,487

Up $184,278 (+21%) from 2023

Net Income

Down

$42,187

Down $382,926 (-90%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2022: $82,850Liabilities 2022: $7,697Net Assets 2022: $75,1532022Assets 2023: $502,043Liabilities 2023: $1,777Net Assets 2023: $500,2662023Assets 2024: $576,428Liabilities 2024: $33,975Net Assets 2024: $542,4532024

Highlighted filing

2024

Assets$576,428
Liabilities$33,975
Net Assets$542,453

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2022: $140,812Expenses 2022: $79,529Net Income 2022: $61,2832022Revenue 2023: $1,317,322Expenses 2023: $892,209Net Income 2023: $425,1132023Revenue 2024: $1,118,674Expenses 2024: $1,076,487Net Income 2024: $42,1872024

Highlighted filing

2024

Revenue$1,118,674
Expenses$1,076,487
Net Income$42,187

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$1,118,674
Mission and Program Overview

Mission

The south side weekly is a nonprofit newspaper dedicated to supporting cultural and civic engagement on the south side of chicago, and to developing emerging journalists, writers, and artists.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$150,202$378,715▲ $228,513
Cash and Non-Interest-Bearing Accounts$273,845$126,826▼ $147,019
Accounts Receivable$75,748$65,753▼ $9,995
Prepaid Expenses and Deferred Charges$2,248$5,134▲ $2,886
Total Assets$502,043$576,428▲ $74,385
Liabilities
Deferred Revenue$0$32,712▲ $32,712
Accounts Payable and Accrued Expenses$1,777$1,263▼ $514
Total Liabilities$1,777$33,975▲ $32,198
Net Assets / Fund Balance
Net Assets With Donor Restrictions$68,450$428,185▲ $359,735
Net Assets Without Donor Restrictions$431,816$114,268▼ $317,548
Total Net Assets Fund Balance$500,266$542,453▲ $42,187
Total Liabilities and Net Assets / Fund Balance$502,043$576,428▲ $74,385
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Hannah FarisEditor-in-chiefFT$51,308$51,308
Jackie SerratoEditorial Rep/managing DirectorFT$49,577$49,577
Adam PrzybylEditorial Rep/managing DirectorFT$48,146$48,146
Damani BoldenManaging Director (thru Jan)FT$34,865$34,865
Jason SchumerManaging Director (thru July)FT$33,731$33,731
Malik JacksonInterim Managing Director (since Jan)FT$20,608$20,608

Board Members and Trustees

NameTitle
Jill PettyBoard Chair
Rahsaan SalesDirector
Harry BacklundSecretary
Ben AustenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$699,934
Program Service Revenue
$61,582
Investment Income
$0
Other Revenue
$357,158
All Other Contributions
$699,934
Change in Net Assets
$42,187

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,118,674
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,118,674
Total Revenue per Form 990
$1,118,674
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$590,672
Other Expenses$485,815
Total Fundraising Expense$53,652
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$221,913$56,215$5,027$283,155
Current Officers, Directors, Trustees, and Key Employees$182,564$51,324$29,935$263,823
Fees for Services Other$178,403$50,828$14,904$244,135
Payroll Taxes$32,674$8,193$2,827$43,694
Fees for Services Accounting-$29,370-$29,370
Office Expenses$14,958$12,865$396$28,219
Information Technology$8,172$17,059$14$25,245
Travel$230$10,031-$10,261
Other Expenses$7,392$959-$8,351
Conferences and Meetings-$8,103-$8,103
Occupancy$6,027$1,252$549$7,828
Insurance-$7,335-$7,335
Advertising$3,043$2,975-$6,018
All Other Expenses$154$4,878-$5,032
Total Functional Expenses$725,181$297,654$53,652$1,076,487

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,076,487
Total Expenses per Audited Statements$1,076,487
Total Expenses per Form 990$1,076,487
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The organization's board officers review and approve the irs 990 prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed at least annually by the directors. All directors and officers are required to complete and sign a conflict of interest statement annually. A director or officer with a conflict of interest is prohibited from participating in deliberations and decisions regarding the transaction.

Form 990, Part VI, Section B, Line 15A

Executive compensation is set by the board with reference to comparability data for similarly sized and positioned nonprofit organizations. Executive compensation decisions are substantiated with a board vote in independent session.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
South Side Weekly Nfp
EIN
47-1766522
Phone
7733583129
Address
6100 S BLACKSTONE AVE, CHICAGO, IL 60637

Signing Officer

Name
Malik Jackson
Title
Executive Director
Phone
7733583129
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Malik Jackson
Formed
2014
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
4
Employees
13
Volunteers
7

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PL STE 300, MADISON, WI 53713-4236
Preparer
Jason Stephens CPA
Phone
6082744020
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Journalists: program service expenses 178,403. Management and general expenses 31,920. Fundraising expenses 14,904. Total expenses 225,227. Trucking labor: program service expenses 0. Management and general expenses 7,271. Fundraising expenses 0. Total expenses 7,271. Payroll fees: program service expenses 0. Management and general expenses 11,637. Fundraising expenses 0. Total expenses 11,637.

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IRS990/ProgramServiceRevenueGrp/Desc1ADMINISTRATIVE SERVICE
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt127590
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt033992
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt127590
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0828209
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0407317
IRS990/PYOtherRevenueAmt0375743
IRS990/PYProgramServiceRevenueAmt0113370
IRS990/PYRevenuesLessExpensesAmt0425113
IRS990/PYSalariesCompEmpBnftPaidAmt0484892
IRS990/PYTotalExpensesAmt0892209
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01317322
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt042187
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt061582
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0438323
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0309100
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt070000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0817423
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE 2021 COLUMN ON SCHEDULE A, PART III REPRESENTS THE SHORT TAX YEAR BEGINNING APRIL 1, 2022 (DATE EXEMPT STATUS WAS GRANTED) AND ENDING JUNE 30, 2022.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0699934
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0828209
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt070050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01598193
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt061582
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0113370
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt033411
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0208363
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt0108
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt01092
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt07009
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt08209
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0989133
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0438323
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0309100
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt070000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0817423
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0761516
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0941579
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0103461
IRS990ScheduleA/Total509Grp/TotalAmt01806556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0761624
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0942671
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0110470
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01814765
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01076487
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01118674
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01076487
IRS990ScheduleD/TotalRevenuePerForm990Amt01118674
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01118674
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01076487
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S BOARD OFFICERS REVIEW AND APPROVE THE IRS 990 PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REVIEWED AT LEAST ANNUALLY BY THE DIRECTORS. ALL DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. A DIRECTOR OR OFFICER WITH A CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE COMPENSATION IS SET BY THE BOARD WITH REFERENCE TO COMPARABILITY DATA FOR SIMILARLY SIZED AND POSITIONED NONPROFIT ORGANIZATIONS. EXECUTIVE COMPENSATION DECISIONS ARE SUBSTANTIATED WITH A BOARD VOTE IN INDEPENDENT SESSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5JOURNALISTS: PROGRAM SERVICE EXPENSES 178,403. MANAGEMENT AND GENERAL EXPENSES 31,920. FUNDRAISING EXPENSES 14,904. TOTAL EXPENSES 225,227. TRUCKING LABOR: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,271. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,271. PAYROLL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,637. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,637.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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 B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0502043
IRS990/TotalAssetsEOYAmt0576428
IRS990/TotalAssetsGrp/BOYAmt0502043
IRS990/TotalAssetsGrp/EOYAmt0576428
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0699934
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt053652
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0297654
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0725181
IRS990/TotalFunctionalExpensesGrp/TotalAmt01076487
IRS990/TotalGrossUBIAmt0357050
IRS990/TotalLiabilitiesBOYAmt01777
IRS990/TotalLiabilitiesEOYAmt033975
IRS990/TotalLiabilitiesGrp/BOYAmt01777
IRS990/TotalLiabilitiesGrp/EOYAmt033975
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0500266
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0542453
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0725181
IRS990/TotalProgramServiceRevenueAmt061582
IRS990/TotalReportableCompFromOrgAmt0238235
IRS990/TotalRevenueGrp/ExclusionAmt0108
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt061582
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01118674
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0357050
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0502043
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0576428
IRS990/TotReportableCompRltdOrgAmt00

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