Civic Intelligence

Gems World Academy - Chicago Parent Teacher Organization

EIN 47-2335711 • 501(c)3 • Chicago, IL

Pub. 78 Eligible990-N CoverageNTEE B94

Profile

Support educational, social, athletic, literacy needs of gems students. Support local and national charities.

350 E South Water StreetChicago, IL 60601

n/A

Siviq Scores

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

Liabilities / Assets

100th percentile

1.61x

Higher debt load relative to assets than 100% of similar nonprofits.

NTEE B94 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

1.06x

Higher debt load relative to revenue than 99% of similar nonprofits.

NTEE B94 • <$500k nonprofits • Source year 2020

Net Margin

9th percentile

-54%

Higher net margin than 9% of similar nonprofits.

NTEE B94 • <$500k nonprofits • Source year 2020

Top Officer Pay

99th percentile

$0

Higher top officer pay than 99% of similar nonprofits.

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

NTEE B94 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets100th percentile

Assets

$65,695

No earlier filing loaded for comparison.

Liabilities

$106,075

No earlier filing loaded for comparison.

Net Assets

-$40,380

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue99th percentileNet Margin9th percentile

Revenue

$100,257

No earlier filing loaded for comparison.

Expenses

$154,318

No earlier filing loaded for comparison.

Net Income

-$54,061

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0-$50KAssets 2020: $65,695Liabilities 2020: $106,075Net Assets 2020: -$40,3802020

Highlighted filing

2020

Assets$65,695
Liabilities$106,075
Net Assets-$40,380
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KRevenue 2020: $100,257Expenses 2020: $154,318Net Income 2020: -$54,0612020

Highlighted filing

2020

Revenue$100,257
Expenses$154,318
Net Income-$54,061
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$65,695
Liabilities
$106,075
Net assets
-$40,380
Revenue
$100,257
Expenses
$154,318
Net income
-$54,061
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.66$1.06$0.40$1.00$1.54$0.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Feb 16, 2021
Return Version
2019v5.1
Gross Receipts
$100,257
Mission and Program Overview

Mission

Support educational, social, athletic, literacy needs of gems students. Support local and national charities.

Program Services

DescriptionGrantsExpenses
N/A$0$0
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMAL GRAINAWITreasurerPT$0--
AMY CALHOUNPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Gems World Academy Parent Teacher Organization
EIN
47-2335711
Phone
3128098900
Address
350 E SOUTH WATER STREET, CHICAGO, IL 60601

Signing Officer

Name
Amy Calhoun
Title
President
Phone
3128098900
Signed
2021-02-16
Discuss with paid preparer
Yes

Preparer

Firm
Lopez & Co Cpas Ltd
Address
2702 W CHICAGO AVE, CHICAGO, IL 60622
Preparer
Enrique Lopez
Phone
7736348335
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“OTHER INCOME 36243.”

Form 990EZ, Part I, Line 16

“GEMS GALA 27364.”

Form 990EZ, Part I, Line 16

“DONATIONS 79859.”

Form 990EZ, Part I, Line 16

“IVY ROOM 12870.”

Form 990EZ, Part I, Line 16

“ENTERTAINMENT 5420.”

Form 990EZ, Part I, Line 16

“OTHER EXPENSES 4150.”

Form 990EZ, Part I, Line 16

“FEES 1360.”

Form 990EZ, Part I, Line 16

“SUPPLIES 1586.”

Form 990EZ, Part I, Line 16

“BOOK FAIR 3775.”

Form 990EZ, Part I, Line 16

“PROGRAM EXPENSES 13554.”

Form 990EZ, Part I, Line 16

“HALLOWEEN 2816.”

Form 990EZ, Part I, Line 16

“Teacher appreciation week 1106.”

Form 990EZ, Part I, Line 16

“STEAM EXPENSES 458.”

Raw XML Appendix165 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ZAGMOUT & COMPANY CPAS LTD
IRS990EZ/BooksInCareOfDetail/PhoneNum03122393716
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 E RANDOLPH
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060601
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt099667
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt065695
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt064014
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-54061
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt099667
IRS990EZ/Form990TotalAssetsGrp/EOYAmt065695
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0100257
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013681
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-40380
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013681
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-40380
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAMAL GRAINAWI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1AMY CALHOUN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0154318
IRS990EZ/OtherRevenueTotalAmt036243
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SUPPORT EDUCATIONAL, SOCIAL, ATHLETIC, LITERACY NEEDS OF GEMS STUDENTS. SUPPORT LOCAL AND NATIONAL CHARITIES.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0N/A
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt085986
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0106075
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0154318
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0100257
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt064014
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0114832
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0250204
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt021446
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0450496
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt036243
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt04573
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt040816
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt0491312
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0100257
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0114832
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0254777
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt021446
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0491312
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0491312
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER INCOME 36243.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GEMS GALA 27364.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DONATIONS 79859.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IVY ROOM 12870.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ENTERTAINMENT 5420.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER EXPENSES 4150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FEES 1360.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SUPPLIES 1586.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOOK FAIR 3775.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PROGRAM EXPENSES 13554.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10HALLOWEEN 2816.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TEACHER APPRECIATION WEEK 1106.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12STEAM EXPENSES 458.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AMY CALHOUN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03128098900
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GEMS WORLD ACADEMY PARENT TEACHER ORGANIZATION
ReturnHeader/Filer/BusinessNameControlTxt0GEMS
ReturnHeader/Filer/EIN0472335711
ReturnHeader/Filer/PhoneNum03128098900
ReturnHeader/Filer/USAddress/AddressLine1Txt0350 E SOUTH WATER STREET
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060601
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOPEZ & CO CPAS LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02702 W CHICAGO AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060622
ReturnHeader/PreparerPersonGrp/PhoneNum07736348335
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ENRIQUE LOPEZ
ReturnHeader/ReturnTs02021-02-16T16:57:45-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-04-01
ReturnHeader/TaxPeriodEndDt02020-03-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.