Civic Intelligence

Hyde Park Institute

990EZ • Fiscal year 2016 • EIN 47-5549775

Jan 01, 2016 to Dec 31, 2016 • Filed on May 08, 2017

1407 E 60th StChicago, IL 60637

(773) 420-3665

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

58th percentile

6.6%

Higher net margin than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

98th percentile

$106,329

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 70.9% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Assets

$15,452

No earlier filing loaded for comparison.

Net Assets

$15,105

No earlier filing loaded for comparison.

Liabilities

$347

No earlier filing loaded for comparison.

Revenue

$150,000

No earlier filing loaded for comparison.

Expenses

$140,166

No earlier filing loaded for comparison.

Net Income

$9,834

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2016: $15,452Liabilities 2016: $347Net Assets 2016: $15,1052016Assets 2017: $50,045Liabilities 2017: $682Net Assets 2017: $49,3632017Assets 2018: $110,361Liabilities 2018: $1,290Net Assets 2018: $109,0712018Assets 2019: $391,452Liabilities 2019: $8,277Net Assets 2019: $383,1752019Assets 2020: $248,005Liabilities 2020: $9,640Net Assets 2020: $238,3652020Assets 2021: $345,764Liabilities 2021: $1,747Net Assets 2021: $344,0172021Assets 2022: $270,478Liabilities 2022: $68,408Net Assets 2022: $202,0702022Assets 2023: $378,452Liabilities 2023: $29,013Net Assets 2023: $349,4392023Assets 2024: $387,833Liabilities 2024: $18,396Net Assets 2024: $369,4372024

Highlighted filing

2016

Assets$15,452
Liabilities$347
Net Assets$15,105

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $150,000Expenses 2016: $140,166Net Income 2016: $9,8342016Revenue 2017: $251,060Expenses 2017: $215,688Net Income 2017: $35,3722017Revenue 2018: $383,747Expenses 2018: $324,556Net Income 2018: $59,1912018Revenue 2019: $638,100Expenses 2019: $365,632Net Income 2019: $272,4682019Revenue 2020: $351,442Expenses 2020: $496,252Net Income 2020: -$144,8102020Revenue 2021: $495,879Expenses 2021: $390,229Net Income 2021: $105,6502021Revenue 2022: $339,501Expenses 2022: $481,448Net Income 2022: -$141,9472022Revenue 2023: $669,422Expenses 2023: $522,053Net Income 2023: $147,3692023Revenue 2024: $483,854Expenses 2024: $463,856Net Income 2024: $19,9982024

Highlighted filing

2016

Revenue$150,000
Expenses$140,166
Net Income$9,834
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 8, 2017
Return Version
2016v3.0
Gross Receipts
$150,000
Mission and Program Overview

Mission

Hyde park institute promotes the understanding and cultivation of virtue as an essential component of leading a fulfilling and flourishing life. We seek to enhance the role of moral philosophical thinking throughout the university of chicago community with an eye toward integrating intellectual, professional, and moral development. We serve as a resource for university of chicago faculty, students, staff, and alumni by sponsoring curricular initiatives, educational programming, and academic research.

The hyde park institute is an independent research center that promotes the understanding of moral thought, feeling, and action in a fully human life, as these inform interaction among persons and institutions in a free and open society. The institute seeks to enhance the role of moral philosophy in liberal arts undergraduate education, in graduate education in the humanities and sciences, and in professional education in medicine, law, and business. The hyde park institutes support of curriculum and research at all levels should tend to the development of leaders inside and outside the academy who are equipped to take on social and political responsibilities bringing moral discernment and sound judgment to the challenges they will face. It does this by sponsoring academic research, supporting curricular initiatives, and offering educational programming for undergraduates, graduate students, university faculty members, and professionals in a variety of industries.

Program Services

DescriptionGrantsExpenses
THE STAFF WAS IMMERSED IN ESTABLISHING THE INFRASTRUCTURE OF THE NEWLY FOUNDED NOT-FOR-PROFIT CORPORATION, INCLUDING FILING INCORPORATION DOCUMENTS AND MEETING OTHER LEGAL REQUIREMENTS, SETTING UP BANKING AND ACCOUNTING ACTIVITIES, AND OTHER FOUNDATIONAL TASKS, E.G., FINDING OFFICE SPACE; ESTABLISHING AN ONLINE PRESENCE; AND DEVELOPING STATIONERY AND OTHER COLLATERAL MATERIALS. ANOTHER CENTRAL ACTIVITY WAS DEVELOPING PROGRAMMING. STAFF MET WITH FACULTY TO DESIGN AND SCHEDULE UPCOMING PROGRAMS SUCH AS FOR-CREDIT COURSES, A SUMMER SEMINAR, AND A YEAR-LONG LECTURE SERIES. THESE VARIOUS EDUCATIONAL PROGRAMS LAUNCHED IN CALENDAR YEAR 2017.-$59,816
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIM PALOSPresidentFT$100,000$6,329$106,329
LUIS TELLEZSecretary-$0--
JAY PINTOTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Hyde Park Institute
EIN
47-5549775
Phone
7734203665
Address
1407 E 60TH ST, CHICAGO, IL 60637

Signing Officer

Name
Jim Palos
Title
President
Phone
3125239076
Signed
2017-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Anderson Financial Mgmt & Actg LLC
Address
1722 W RUSTY DR, MOUNT PROSPECT, IL 60065
Preparer
Jeffrey a Anderson CPA
Phone
2065955114
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 26 travel 1,360 insurance 1,315 meals and entertainment 568 licenses and fees 1,268 total 4,537

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 0 1,640 total 0 1,640

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 402 347

Form 990-ez, Part III

The hyde park institute is an independent research center that promotes the understanding of moral thought, feeling, and action in a fully human life, as these inform interaction among persons and institutions in a free and open society. The institute seeks to enhance the role of moral philosophy in liberal arts undergraduate education, in graduate education in the humanities and sciences, and in professional education in medicine, law, and business. The hyde park institutes support of curriculum and research at all levels should tend to the development of leaders inside and outside the academy who are equipped to take on social and political responsibilities bringing moral discernment and sound judgment to the challenges they will face. It does this by sponsoring academic research, supporting curricular initiatives, and offering educational programming for undergraduates, graduate students, university faculty members, and professionals in a variety of industries.

Form 990-ez, Part III, Line 28

The staff was immersed in establishing the infrastructure of the newly founded not-for-profit corporation, including filing incorporation documents and meeting other legal requirements, setting up banking and accounting activities, and other foundational tasks, e.g., finding office space; establishing an online presence; and developing stationery and other collateral materials. Another central activity was developing programming. Staff met with faculty to design and schedule upcoming programs such as for-credit courses, a summer seminar, and a year-long lecture series. These various educational programs launched in calendar year 2017.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 26 TRAVEL 1,360 INSURANCE 1,315 MEALS AND ENTERTAINMENT 568 LICENSES AND FEES 1,268 TOTAL 4,537
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 402 347
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE HYDE PARK INSTITUTE IS AN INDEPENDENT RESEARCH CENTER THAT PROMOTES THE UNDERSTANDING OF MORAL THOUGHT, FEELING, AND ACTION IN A FULLY HUMAN LIFE, AS THESE INFORM INTERACTION AMONG PERSONS AND INSTITUTIONS IN A FREE AND OPEN SOCIETY. THE INSTITUTE SEEKS TO ENHANCE THE ROLE OF MORAL PHILOSOPHY IN LIBERAL ARTS UNDERGRADUATE EDUCATION, IN GRADUATE EDUCATION IN THE HUMANITIES AND SCIENCES, AND IN PROFESSIONAL EDUCATION IN MEDICINE, LAW, AND BUSINESS. THE HYDE PARK INSTITUTES SUPPORT OF CURRICULUM AND RESEARCH AT ALL LEVELS SHOULD TEND TO THE DEVELOPMENT OF LEADERS INSIDE AND OUTSIDE THE ACADEMY WHO ARE EQUIPPED TO TAKE ON SOCIAL AND POLITICAL RESPONSIBILITIES BRINGING MORAL DISCERNMENT AND SOUND JUDGMENT TO THE CHALLENGES THEY WILL FACE. IT DOES THIS BY SPONSORING ACADEMIC RESEARCH, SUPPORTING CURRICULAR INITIATIVES, AND OFFERING EDUCATIONAL PROGRAMMING FOR UNDERGRADUATES, GRADUATE STUDENTS, UNIVERSITY FACULTY MEMBERS, AND PROFESSIONALS IN A VARIETY OF INDUSTRIES.
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