Civic Intelligence

Mchenry County Economic Development Foundation

990EZ • Fiscal year 2023 • EIN 47-3333210

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 10, 2024

Organization Profilewww.mchenrycountyedc.com
620 Dakota StreetCrystal Lake, IL 60012

(815) 893-0895

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

60th percentile

7.3%

Faster asset growth than 60% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

94th percentile

181%

Faster revenue growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$1,988

Up $136 (+7.3%) from 2022

Net Assets

Up

$1,988

Up $136 (+7.3%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin98th percentile

Revenue

Up

$146

Up $94 (+181%) from 2022

Expenses

Down

$10

Down $615 (-98%) from 2022

Net Income

Up

$136

Up $709 (+124%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$15K$10K$5.0K$0Assets 2015: $470Liabilities 2015: $02015Assets 2016: $11,427Liabilities 2016: $0Net Assets 2016: $11,4272016Assets 2017: $11,881Liabilities 2017: $0Net Assets 2017: $11,8812017Assets 2018: $3,647Liabilities 2018: $0Net Assets 2018: $3,6472018Assets 2019: $2,984Liabilities 2019: $0Net Assets 2019: $2,9842019Assets 2020: $2,906Liabilities 2020: $0Net Assets 2020: $2,9062020Assets 2021: $2,425Liabilities 2021: $0Net Assets 2021: $2,4252021Assets 2022: $1,852Liabilities 2022: $0Net Assets 2022: $1,8522022Assets 2023: $1,988Liabilities 2023: $0Net Assets 2023: $1,9882023

Highlighted filing

2023

Assets$1,988
Liabilities$0
Net Assets$1,988
Open 2023 Filing

Operations Trend

Revenue Growth94th percentile

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

$30K$20K$10K$0-$10KRevenue 2015: $4,500Expenses 2015: $4,030Net Income 2015: $4702015Revenue 2016: $21,000Expenses 2016: $10,043Net Income 2016: $10,9572016Revenue 2017: $13,876Expenses 2017: $13,422Net Income 2017: $4542017Revenue 2018: $4,500Expenses 2018: $12,734Net Income 2018: -$8,2342018Revenue 2019: $0Expenses 2019: $663Net Income 2019: -$6632019Revenue 2020: $32Expenses 2020: $110Net Income 2020: -$782020Revenue 2021: $29Expenses 2021: $510Net Income 2021: -$4812021Revenue 2022: $52Expenses 2022: $625Net Income 2022: -$5732022Revenue 2023: $146Expenses 2023: $10Net Income 2023: $1362023

Highlighted filing

2023

Revenue$146
Expenses$10
Net Income$136
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 10, 2024
Return Version
2023v5.0
Gross Receipts
$146
Mission and Program Overview

Mission

Education and outreach for workforce development

Program Services

DescriptionGrantsExpenses
PROVIDE SUPPORT AND EDUCATIONAL PROGRAMMING, SPECIFICALLY FOR FUTURE WORKFORCE DEVELOPMENT-$10
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARY MARGARET MAULEChairman-$0--
JOHN KRETCHMERSecretary-$0--
PAM CUMPATADirector-$0--
NORM KOCOLDirector-$0--
JIM RINGNESSTreasurer-$0--
JIM McCONOUGHEYPresident-$0--
DAVID HUBBARDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Mchenry County Economic Development
EIN
47-3333210
Phone
8158930895
Address
620 DAKOTA STREET, CRYSTAL LAKE, IL 60012

Signing Officer

Name
Mary Margaret Maule
Title
Chairman
Signed
2024-06-10
Discuss with paid preparer
Yes

Preparer

Firm
George Roach & Assoc Pc
Address
44 N WALKUP AVE, CRYSTAL LAKE, IL 60014
Preparer
George Roach CPA
Phone
8154590700
Supplemental Narrative

Additional Explanations

Other Revenue.1

“MISC REVENUE $146”

Raw XML Appendix143 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum08158930895
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CRYSTAL LAKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060012
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01852
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IRS990EZ/ExcessOrDeficitForYearAmt0136
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0146
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01852
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01988
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01852
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARY MARGARET MAULE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN KRETCHMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAM CUMPATA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3NORM KOCOL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JIM RINGNESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JIM McCONOUGHEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DAVID HUBBARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherRevenueTotalAmt0146
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION AND OUTREACH FOR WORKFORCE DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE SUPPORT AND EDUCATIONAL PROGRAMMING, SPECIFICALLY FOR FUTURE WORKFORCE DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt010
IRS990EZ/TotalProgramServiceExpensesAmt010
IRS990EZ/TotalRevenueAmt0146
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.mchenrycountyedc.com
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt061
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt061
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt029
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt032
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt061
IRS990ScheduleA/TotalSupportAmt061
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISC REVENUE $146
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY MARGARET MAULE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MCHENRY COUNTY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MCHE
ReturnHeader/Filer/EIN0473333210
ReturnHeader/Filer/PhoneNum08158930895
ReturnHeader/Filer/USAddress/AddressLine1Txt0620 DAKOTA STREET
ReturnHeader/Filer/USAddress/CityNm0CRYSTAL LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060012
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364007938
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GEORGE ROACH & ASSOC PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt044 N WALKUP AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CRYSTAL LAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060014
ReturnHeader/PreparerPersonGrp/PhoneNum08154590700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0George Roach CPA
ReturnHeader/ReturnTs02024-06-10T07:07:05-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARY MARGARET
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MAULE
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,988
Liabilities
$0
Net assets
$1,988
Revenue
$146
Expenses
$10
Net income
$136
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.15$0.01$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$0.05$0.63$0.57
2021Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$0.03$0.51$0.48
2020Detailed filing. Detailed filing data is available for this year.$2.91$0.00$2.91$0.03$0.11$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.98$0.00$2.98$0.00$0.66$0.66
2018Detailed filing. Detailed filing data is available for this year.$3.65$0.00$3.65$4.50$12.7$8.23
2017Detailed filing. Detailed filing data is available for this year.$11.9$0.00$11.9$13.9$13.4$0.45
2016Detailed filing. Detailed filing data is available for this year.$11.4$0.00$11.4$21.0$10.0$11.0
2015Summary only. Only limited summary data is available for this year.$0.47$0.00$4.50$4.03$0.47