Civic Intelligence

Alignment Collaborative for Education Inc.

990 • Fiscal year 2022 • EIN 47-4377813

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 28, 2022

31 S Grove AvenueElgin, IL 60120

(224) 227-7534

Siviq Scores

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

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

29th percentile

-7.7%

Higher net margin than 29% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Assets

Down

$253,635

Down $14,684 (-5.5%) from 2021

Net Assets

Down

$248,713

Down $16,646 (-6.3%) from 2021

Liabilities

Up

$4,922

Up $1,962 (+66%) from 2021

Revenue

Down

$217,377

Down $37,930 (-15%) from 2021

Expenses

Up

$234,023

Up $27,140 (+13%) from 2021

Net Income

Down

-$16,646

Down $65,070 (-134%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $83,794Liabilities 2015: $9992015Assets 2016: $377,328Liabilities 2016: $5,360Net Assets 2016: $371,9682016Assets 2017: $217,269Liabilities 2017: $1,805Net Assets 2017: $215,4642017Assets 2018: $98,023Liabilities 2018: $419Net Assets 2018: $97,6042018Assets 2019: $173,695Liabilities 2019: $2,696Net Assets 2019: $170,9992019Assets 2020: $219,827Liabilities 2020: $2,892Net Assets 2020: $216,9352020Assets 2021: $268,319Liabilities 2021: $2,960Net Assets 2021: $265,3592021Assets 2022: $253,635Liabilities 2022: $4,922Net Assets 2022: $248,7132022Assets 2023: $300,000Liabilities 2023: $5,104Net Assets 2023: $294,8962023Assets 2024: $402,018Liabilities 2024: $5,157Net Assets 2024: $396,8612024Assets 2025: $548,752Liabilities 2025: $12,888Net Assets 2025: $535,8642025

Highlighted filing

2022

Assets$253,635
Liabilities$4,922
Net Assets$248,713

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2015: $128,389Expenses 2015: $45,594Net Income 2015: $82,7952015Revenue 2016: $428,915Expenses 2016: $140,741Net Income 2016: $288,1742016Revenue 2017: $58,462Expenses 2017: $186,144Net Income 2017: -$127,6822017Revenue 2018: $66,125Expenses 2018: $183,985Net Income 2018: -$117,8602018Revenue 2019: $264,537Expenses 2019: $191,142Net Income 2019: $73,3952019Revenue 2020: $262,483Expenses 2020: $216,547Net Income 2020: $45,9362020Revenue 2021: $255,307Expenses 2021: $206,883Net Income 2021: $48,4242021Revenue 2022: $217,377Expenses 2022: $234,023Net Income 2022: -$16,6462022Revenue 2023: $413,841Expenses 2023: $367,658Net Income 2023: $46,1832023Revenue 2024: $516,599Expenses 2024: $414,634Net Income 2024: $101,9652024Revenue 2025: $670,750Expenses 2025: $531,747Net Income 2025: $139,0032025

Highlighted filing

2022

Revenue$217,377
Expenses$234,023
Net Income-$16,646
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 28, 2022
Return Version
2021v4.0
Gross Receipts
$217,377
Mission and Program Overview

Mission

Ace's mission is to align community resources in support of public school strategies to raise student achievement, improve the health and happiness of our children, create responsible, productive and contributing members of our society, and advance the economic and social well-being of our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$181,989$197,547▲ $15,558
Pledges and Grants Receivable$70,010$40,000▼ $30,010
Savings and Temporary Cash Investments$15,266$15,265▼ $1
Land, Buildings, and Equipment, Net$1,054$823▼ $231
Total Assets$268,319$253,635▼ $14,684
Liabilities
Other Liabilities$2,040$4,185▲ $2,145
Accounts Payable and Accrued Expenses$920$737▼ $183
Total Liabilities$2,960$4,922▲ $1,962
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$250,596$237,605▼ $12,991
Net Assets With Donor Restrictions$14,763$11,108▼ $3,655
Total Net Assets Fund Balance$265,359$248,713▼ $16,646
Total Liabilities and Net Assets / Fund Balance$268,319$253,635▼ $14,684

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$823$1,766$2,589
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nancy ColemanDirectorFT$85,875$85,875

Board Members and Trustees

NameTitle
Peter SikorskiPresident an
Adam HoganDirector
Ana LalleyDirector
Andrea FoxDirector
Bill HofferDirector
Brian McguireDirector
Carol GieskeDirector
Corey DixonDirector
Craig CareyDirector
David KaptainDirector
Doug BrittDirector
Dr David SamDirector
Herb PorterDirector
James GriffinDirector
Jeni LyonDirector
Karen FoxDirector
Laurie Elish-piperDirector
Rodney CraigDirector
Sara SaboDirector
Scott G RichmondDirector
Scott WeilDirector
Sheri DeshazoDirector
Sheri TaylorDirector
Sue KerrDirector
Teresa LanceDirector
Tony SandersDirector
William WrightDirector
Pam CumpataResource Dev
Revenue and Support

Revenue Composition

Contributions and Grants
$216,153
Program Service Revenue
$0
Investment Income
$47
Other Revenue
$1,177
All Other Contributions
$216,153
Change in Net Assets
$-16,646

Audited Revenue Reconciliation

Revenue per Audited Statements
$217,377
Total Revenue per Audited Statements
$217,377
Total Revenue per Form 990
$217,377
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$158,130
Other Expenses$75,893
Total Fundraising Expense$9,317
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$55,800$32,550$4,650$93,000
Other Salaries and Wages$32,311$18,848$2,693$53,852
Payroll Taxes$6,767$3,947$564$11,278
Advertising$8,548--$8,548
Occupancy-$7,554-$7,554
Fees for Services Accounting-$7,213-$7,213
All Other Expenses$2,598$1,992$216$4,806
Office Expenses$2,504$771$271$3,546
Insurance$1,671$209$209$2,089
Other Expenses$1,200$700$100$2,000
Depreciation Depletion$231--$231
Travel$65$38$5$108
Total Functional Expenses$140,492$84,214$9,317$234,023

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$234,023
Total Expenses per Audited Statements$234,023
Total Expenses per Form 990$234,023
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$4,185
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
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, Page 6, Part VI, Line 11B

The executive director provides the form 990 to the finance committee for review, comment and discussion. A copy is provided to the board of directors prior to submission to irs.

Form 990, Page 6, Part VI, Line 12C

Each director, principal officer, and member of a committee with board- delegated powers shall sign annually a statement that affirms that such person: 1. Has received a copy of the conflict-of-interest policy. 2. Has read and understands the policy. 3. Has agreed to comply with the policy, and 4. Understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption, it must engage primarily in activities that accomplish one or more of its tax-exempt purposes.

Form 990, Page 6, Part VI, Line 15A

Periodic reviews are conducted for the purpose of determining whether compensation arrangements and benefits are reasonable based on competent survey information and are the result of arm's-length bargaining.

Form 990, Page 6, Part VI, Line 19

Documents are made available in electronic format upon request.

Filing and Contact Details

Filer

Filer Name
Alignment Collaborative
EIN
47-4377813
Phone
2242277534
Address
31 S GROVE AVENUE, ELGIN, IL 60120

Signing Officer

Name
Peter Sikorski
Title
President and Chair
Phone
2242277534
Signed
2022-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Sikorski
Formed
2015
Legal Domicile
Il
Voting Board Members
29
Independent Board Members
29
Employees
2
Volunteers
330

Preparer

Firm
Eric J Fernandez & Co
Address
895 W MAIN ST STE 1000, WEST DUNDEE, IL 60118-2057
Preparer
Carl L Swanson
Phone
8474287400
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Ace's mission is to align community resources in support of public school strategies to raise student achievement, improve the health and happiness of our children, create responsible, productive and contributing members of our society, and advance the economic and social well-being of our community.

Form 990, Page 2, Part III, Line 4A

Ace employs a multifaceted approach which is necessary to ensuring generational change that focuses on those who need the most support. This is implemented via teams including: "children prepared to learn & succeed" (assuring that every student is prepared with the skills needed to enter kindergarten and instilled with a love of learning throughout their life. By beginning on a solid foundation, our students will be prepared to reach important benchmarks throughout their educational career.); "skilled workforce (developing a high-quality workforce, from within its own student population, for the best jobs of the future. We will increase the intellectual capital and workforce capacity of the region by aligning the community's education, workforce, and economic development efforts.), and "strong families & healthy communities" (recognizing the equal role of family involvement and community support in student achievement. Good physical, emotional and social health of our families, neighborhoods and communities to create an environment where all children can learn.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from income tax under provisions of internal revenue code 501(c)(3). Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the irs or other applicable taxing authorities. Management has analyzed the tax positions taken by the organization and has concluded that as of june 30, 2022, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to the 2018 tax year.

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