Civic Intelligence

Lpmc Foundation

990EZ • Fiscal year 2017 • EIN 47-2032801

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 31, 2018

2667 North Lincoln AvenueChicago, IL 60614

(312) 902-5279

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

82nd percentile

28%

Higher net margin than 82% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

74th percentile

23%

Faster asset growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

34th percentile

-9.7%

Faster revenue growth than 34% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$390,890

Up $73,166 (+23%) from 2016

Net Assets

Up

$390,890

Up $73,166 (+23%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$116,525

Down $12,581 (-9.7%) from 2016

Expenses

Up

$84,090

Up $56,826 (+208%) from 2016

Net Income

Down

$32,435

Down $69,407 (-68%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $202,364Liabilities 2015: $0Net Assets 2015: $202,3642015Assets 2016: $317,724Liabilities 2016: $0Net Assets 2016: $317,7242016Assets 2017: $390,890Liabilities 2017: $0Net Assets 2017: $390,8902017Assets 2018: $404,944Liabilities 2018: $0Net Assets 2018: $404,9442018Assets 2019: $502,799Liabilities 2019: $0Net Assets 2019: $502,7992019Assets 2020: $564,901Liabilities 2020: $0Net Assets 2020: $564,9012020Assets 2021: $738,502Liabilities 2021: $0Net Assets 2021: $738,5022021Assets 2022: $651,994Liabilities 2022: $0Net Assets 2022: $651,9942022Assets 2023: $785,333Liabilities 2023: $0Net Assets 2023: $785,3332023Assets 2024: $872,237Liabilities 2024: $0Net Assets 2024: $872,2372024

Highlighted filing

2017

Assets$390,890
Liabilities$0
Net Assets$390,890

Operations Trend

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

$300K$200K$100K$0Revenue 2015: $248,971Expenses 2015: $43,996Net Income 2015: $204,9752015Revenue 2016: $129,106Expenses 2016: $27,264Net Income 2016: $101,8422016Revenue 2017: $116,525Expenses 2017: $84,090Net Income 2017: $32,4352017Revenue 2018: $74,894Expenses 2018: $37,411Net Income 2018: $37,4832018Revenue 2019: $60,828Expenses 2019: $20,288Net Income 2019: $40,5402019Revenue 2020: $54,215Expenses 2020: $28,067Net Income 2020: $26,1482020Revenue 2021: $163,000Expenses 2021: $23,391Net Income 2021: $139,6092021Revenue 2022: $48,426Expenses 2022: $32,645Net Income 2022: $15,7812022Revenue 2023: $64,902Expenses 2023: $15,992Net Income 2023: $48,9102023Revenue 2024: $59,288Expenses 2024: $28,682Net Income 2024: $30,6062024

Highlighted filing

2017

Revenue$116,525
Expenses$84,090
Net Income$32,435
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 31, 2018
Return Version
2017v2.3
Gross Receipts
$136,796
Mission and Program Overview

Mission

to share the benefits of a creative education and give the beneficiaries of our program the opportunity to develop positive self-esteem through music by learning skills that will help them throughout their lives.

Program Services

DescriptionGrantsExpenses
TO PROVIDE FUNDING TO MUSICAL ORGANIZATIONS IN ORDER TO SHARE THE BENEFITS OF A CREATIVE EDUCATION$78,065$78,065
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WHE DO KIMPresident-$0--
LISA CAPITANINISecretary-$0--
RACHEL KOHLERTreasurer-$0--
MARIAM ALSIKAFIDirector-$0--
VANESSA LYONDirector-$0--
ROBBIN COHEN GROSSDirector - Term-$0--
PENNE SILVERMANDirector - Term-$0--
Filing and Contact Details

Filer

Filer Name
Lpmc Foundation
EIN
47-2032801
Phone
3129025279
Address
2667 NORTH LINCOLN AVENUE, CHICAGO, IL 60614

Signing Officer

Name
Elizabeth Chow
Title
Treasurer
Phone
3129025279
Signed
2018-10-31
Discuss with paid preparer
Yes

Preparer

Firm
Ostrow Reisin Berk & Abrams Ltd
Address
455 N CITYFRONT PLAZA DR SUITE 1500, CHICAGO, IL 60611
Preparer
Jeffrey C Newman
Phone
3126707444
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: investment income. Amount: 7,626.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: educational. Grantee name: inter-american magnet school. Grantee address: 851 w waveland ave chicago, il 60613. Date of gift: 05/29/17. Amount given: 28,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: educational. Grantee name: american friends of the vienna museum nfp inc. Grantee address: 5443 n broadway st, 2n chicago, il 60640. Date of gift: 07/16/17. Amount given: 50,065. Total included on form 990-ez, line 10: 78,065.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: service charges & fees. Amount: 1,448. Description: investment fees. Amount: 614. Total to form 990-ez, line 16: 2,062.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized gain on investment in securities. Amount: 40,731.

Raw XML Appendix172 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RACHEL KOHLER
IRS990EZ/BooksInCareOfDetail/PhoneNum03126422140
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01900 NORTH HOWE ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060614
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0317724
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0390890
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0106678
IRS990EZ/CostOrOtherBasisExpenseSaleAmt020271
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt032435
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03963
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0317724
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0390890
IRS990EZ/GainOrLossFromSaleOfAssetsAmt02221
IRS990EZ/GrantsAndSimilarAmountsPaidAmt078065
IRS990EZ/GrossReceiptsAmt0136796
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt07626
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0317724
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0390890
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0317724
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0390890
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WHE DO KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LISA CAPITANINI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RACHEL KOHLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARIAM ALSIKAFI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4VANESSA LYON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ROBBIN COHEN GROSS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6PENNE SILVERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR - TERM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR - TERM
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt040731
IRS990EZ/OtherExpensesTotalAmt02062
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO SHARE THE BENEFITS OF A CREATIVE EDUCATION AND GIVE THE BENEFICIARIES OF OUR PROGRAM THE OPPORTUNITY TO DEVELOP POSITIVE SELF-ESTEEM THROUGH MUSIC BY LEARNING SKILLS THAT WILL HELP THEM THROUGHOUT THEIR LIVES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE FUNDING TO MUSICAL ORGANIZATIONS IN ORDER TO SHARE THE BENEFITS OF A CREATIVE EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt078065
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt078065
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt022492
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt084090
IRS990EZ/TotalProgramServiceExpensesAmt078065
IRS990EZ/TotalRevenueAmt0116525
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LPMCFOUNDATION.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0106678
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0123560
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0247868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0478106
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07626
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01106
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt014278
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0183661
IRS990ScheduleA/SubstantialContributorsTotAmt0294445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0106678
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0123560
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0247868
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0478106
IRS990ScheduleA/TotalSupportAmt0492384
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INVESTMENT INCOME. AMOUNT: 7,626.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: EDUCATIONAL. GRANTEE NAME: INTER-AMERICAN MAGNET SCHOOL. GRANTEE ADDRESS: 851 W WAVELAND AVE CHICAGO, IL 60613. DATE OF GIFT: 05/29/17. AMOUNT GIVEN: 28,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: EDUCATIONAL. GRANTEE NAME: AMERICAN FRIENDS OF THE VIENNA MUSEUM NFP INC. GRANTEE ADDRESS: 5443 N BROADWAY ST, 2N CHICAGO, IL 60640. DATE OF GIFT: 07/16/17. AMOUNT GIVEN: 50,065. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 78,065.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: SERVICE CHARGES & FEES. AMOUNT: 1,448. DESCRIPTION: INVESTMENT FEES. AMOUNT: 614. TOTAL TO FORM 990-EZ, LINE 16: 2,062.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: UNREALIZED GAIN ON INVESTMENT IN SECURITIES. AMOUNT: 40,731.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIZABETH CHOW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03129025279
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LPMC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LPMC
ReturnHeader/Filer/EIN0472032801
ReturnHeader/Filer/PhoneNum03129025279
ReturnHeader/Filer/USAddress/AddressLine1Txt02667 NORTH LINCOLN AVENUE
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060614
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId062071EF7CBA15931A8125C56E0489CC4412CFD5D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.49.122.1
ReturnHeader/FilingSecurityInformation/IPDt02018-10-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:50:03
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362938874
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OSTROW REISIN BERK & ABRAMS LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0455 N CITYFRONT PLAZA DR SUITE 1500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060611
ReturnHeader/PreparerPersonGrp/PhoneNum03126707444
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY C NEWMAN
ReturnHeader/ReturnTs02018-11-06T14:40:55-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings