Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Kval Nfp
EIN 81-0770782 • 501(c)3 • Sycamore, IL
Pub. 78 Eligible990-N Coverage
Profile
To encourage the practice and appreciation of the arts in all media, and to provide art education opportunities for the citizens of the community.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
87th percentile
Faster revenue growth than 87% of similar nonprofits.
Balance Sheet
Assets
Up$85,514
Up $21,716 (+34%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$85,514
Up $21,716 (+34%) from 2023
Revenue
Up$74,893
Up $29,994 (+67%) from 2023
Expenses
Up$53,177
Up $11,373 (+27%) from 2023
Net Income
Up$21,716
Up $18,621 (+602%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $85,514
- Liabilities
- -
- Net assets
- $85,514
- Revenue
- $74,893
- Expenses
- $53,177
- Net income
- $21,716
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $85.5 | $85.5 | $74.9 | $53.2 | $21.7 | |
| 2023Detailed filing. Detailed filing data is available for this year. | $63.8 | $63.8 | $44.9 | $41.8 | $3.10 | |
| 2022Detailed filing. Detailed filing data is available for this year. | $34.5 | $34.5 | $56.6 | $48.6 | $8.06 | |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Apr 22, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $74,893
Mission and Program Overview
Mission
To encourage the practice and appreciation of the arts in all media, and to provide art education opportunities for the citizens of the community.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| MONTHLY MEETINGS FOR MEMBERS TO SHARE ART AND LEARN NEW TECHNIQUES, ART CLASSES OFFERED TO THE PUBLIC, MANAGEMENT OF THE ANNUAL NORTHERN ILLINOIS ART SHOW, SCHOLARSHIPS PROVIDED TO LOCAL STUDENT ARTISTS, AND SUPPORT PROVIDED TO A VARIETY OF LOCAL SCHOOLS AND CHARITABLE ORGANIZATIONS IN THE FORM OF CASH GRANTS AND DONATED ART SUPPLIES. | - | $53,177 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SHARON SAPONARI | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Kval Nfp
- EIN
- 81-0770782
- Phone
- 8157620885
- Address
- PO BOX 523, SYCAMORE, IL 60178
Signing Officer
- Name
- Sharon Saponari
- Title
- Treasurer
- Phone
- 8157620885
- Signed
- 2025-04-22
Preparer
- Firm
- American Midwest Tax & Accounting Inc
- Address
- 1711 DEKALB AVE SUITE C4, SYCAMORE, IL 60178
- Preparer
- Sheila Appel Alexander
- Phone
- 8157875709
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Gallery sales 19,494 booth fees 7,072 class fees 1,718 holiday acm income 1,516 hanging fees 743 featured artist fees 597 nias artist sales 41 total 31,181”
Form 990-ez, Part I, Line 16
“Expenses advertising 4,229 website 348 insurance 2,056 supplies 3,184 artist payout 14,694 demonstration exp 600 class expense 122 nias expense 3,338 art of giving payout 2,344 holiday acm expenses 588 total 31,503”
Form 990-ez, Part III
“To encourage the practice and appreciation of the arts in all media, and to provide art education opportunities for the citizens of the community.”
Form 990-ez, Part III, Line 28
“Monthly meetings for members to share art and learn new techniques, art classes offered to the public, management of the annual northern illinois art show, scholarships provided to local student artists, and support provided to a variety of local schools and charitable organizations in the form of cash grants and donated art supplies.”
Raw XML Appendix114 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SHARON SAPONARI |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7655321888 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 523 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SYCAMORE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60178 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 63798 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 85514 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 41571 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 21716 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 225 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 63798 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 85514 |
| IRS990EZ/GrossReceiptsAmt | 0 | 74893 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2141 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 63798 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 85514 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 63798 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 85514 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 21381 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SHARON SAPONARI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 31503 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 31181 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO ENCOURAGE THE PRACTICE AND APPRECIATION OF THE ARTS IN ALL MEDIA, AND TO PROVIDE ART EDUCATION OPPORTUNITIES FOR THE CITIZENS OF THE COMMUNITY. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 68 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | MONTHLY MEETINGS FOR MEMBERS TO SHARE ART AND LEARN NEW TECHNIQUES, ART CLASSES OFFERED TO THE PUBLIC, MANAGEMENT OF THE ANNUAL NORTHERN ILLINOIS ART SHOW, SCHOLARSHIPS PROVIDED TO LOCAL STUDENT ARTISTS, AND SUPPORT PROVIDED TO A VARIETY OF LOCAL SCHOOLS AND CHARITABLE ORGANIZATIONS IN THE FORM OF CASH GRANTS AND DONATED ART SUPPLIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 53177 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 53177 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 53177 |
| IRS990EZ/TotalRevenueAmt | 0 | 74893 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 41571 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 25458 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 44281 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 111310 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 65127 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 111310 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 41571 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 25458 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 44281 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 111310 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 111310 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | GALLERY SALES 19,494 BOOTH FEES 7,072 CLASS FEES 1,718 HOLIDAY ACM INCOME 1,516 HANGING FEES 743 FEATURED ARTIST FEES 597 NIAS ARTIST SALES 41 TOTAL 31,181 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING 4,229 WEBSITE 348 INSURANCE 2,056 SUPPLIES 3,184 ARTIST PAYOUT 14,694 DEMONSTRATION EXP 600 CLASS EXPENSE 122 NIAS EXPENSE 3,338 ART OF GIVING PAYOUT 2,344 HOLIDAY ACM EXPENSES 588 TOTAL 31,503 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO ENCOURAGE THE PRACTICE AND APPRECIATION OF THE ARTS IN ALL MEDIA, AND TO PROVIDE ART EDUCATION OPPORTUNITIES FOR THE CITIZENS OF THE COMMUNITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MONTHLY MEETINGS FOR MEMBERS TO SHARE ART AND LEARN NEW TECHNIQUES, ART CLASSES OFFERED TO THE PUBLIC, MANAGEMENT OF THE ANNUAL NORTHERN ILLINOIS ART SHOW, SCHOLARSHIPS PROVIDED TO LOCAL STUDENT ARTISTS, AND SUPPORT PROVIDED TO A VARIETY OF LOCAL SCHOOLS AND CHARITABLE ORGANIZATIONS IN THE FORM OF CASH GRANTS AND DONATED ART SUPPLIES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SHARON SAPONARI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8157620885 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KVAL NFP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KVAL |
| ReturnHeader/Filer/EIN | 0 | 810770782 |
| ReturnHeader/Filer/PhoneNum | 0 | 8157620885 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 523 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SYCAMORE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60178 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 475138237 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | AMERICAN MIDWEST TAX & ACCOUNTING INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1711 DEKALB AVE SUITE C4 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SYCAMORE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60178 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8157875709 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-04-22 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SHEILA APPEL ALEXANDER |
| ReturnHeader/ReturnTs | 0 | 2025-04-22T14:08:59-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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