Civic Intelligence

Byp100 Education Fund

990 • Fiscal year 2019 • EIN 81-0975889

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

6515 S Ingleside AveChicago, IL 60637

(773) 940-1800

Siviq Scores

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

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

88th percentile

38%

Higher net margin than 88% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

54th percentile

$71,951

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

90th percentile

48%

Faster asset growth than 90% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

92%

Faster revenue growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,595,851

Up $837,242 (+48%) from 2018

Net Assets

Up

$2,578,751

Up $890,828 (+53%) from 2018

Liabilities

Down

$17,100

Down $53,586 (-76%) from 2018

Revenue

Up

$2,337,422

Up $1,117,033 (+92%) from 2018

Expenses

Down

$1,446,594

Down $341,664 (-19%) from 2018

Net Income

Up

$890,828

Up $1,458,697 (+257%) from 2018

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2016: $257,848Liabilities 2016: $22,709Net Assets 2016: $235,1392016Assets 2017: $336,905Liabilities 2017: $46,793Net Assets 2017: $290,1122017Assets 2018: $1,758,609Liabilities 2018: $70,686Net Assets 2018: $1,687,9232018Assets 2019: $2,595,851Liabilities 2019: $17,100Net Assets 2019: $2,578,7512019Assets 2020: $9,517,678Liabilities 2020: $195,007Net Assets 2020: $9,322,6712020Assets 2021: $15,472,231Liabilities 2021: $81,238Net Assets 2021: $15,390,9932021Assets 2022: $14,430,072Liabilities 2022: $65,176Net Assets 2022: $14,364,8962022Assets 2023: $16,183,855Liabilities 2023: $13,624Net Assets 2023: $16,170,2312023Assets 2024: $14,106,788Liabilities 2024: $16,785Net Assets 2024: $14,090,0032024

Highlighted filing

2019

Assets$2,595,851
Liabilities$17,100
Net Assets$2,578,751

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2016: $1,055,735Expenses 2016: $820,596Net Income 2016: $235,1392016Revenue 2017: $1,387,618Expenses 2017: $1,332,645Net Income 2017: $54,9732017Revenue 2018: $1,220,389Expenses 2018: $1,788,258Net Income 2018: -$567,8692018Revenue 2019: $2,337,422Expenses 2019: $1,446,594Net Income 2019: $890,8282019Revenue 2020: $8,907,339Expenses 2020: $2,007,819Net Income 2020: $6,899,5202020Revenue 2021: $9,366,294Expenses 2021: $3,297,972Net Income 2021: $6,068,3222021Revenue 2022: $2,112,392Expenses 2022: $3,138,489Net Income 2022: -$1,026,0972022Revenue 2023: $4,059,859Expenses 2023: $2,254,524Net Income 2023: $1,805,3352023Revenue 2024: $2,106,727Expenses 2024: $4,186,955Net Income 2024: -$2,080,2282024

Highlighted filing

2019

Revenue$2,337,422
Expenses$1,446,594
Net Income$890,828
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$2,337,422
Mission and Program Overview

Mission

Building a network focused on transformative leadership development, direct action organizing, advocacy, and political education using a black queer feminist lens

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,232,600$1,633,600▲ $401,000
Cash and Non-Interest-Bearing Accounts$496,258$867,393▲ $371,135
Land, Buildings, and Equipment, Net$15,100$22,555▲ $7,455
Prepaid Expenses and Deferred Charges$11,351$1,701▼ $9,650
Total Assets$1,758,609$2,595,851▲ $837,242
Other Assets Total$3,300$70,602▲ $67,302
Liabilities
Other Liabilities$21,129$0▼ $21,129
Accounts Payable and Accrued Expenses$49,557$17,100▼ $32,457
Total Liabilities$70,686$17,100▼ $53,586
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,632,600$1,516,500▼ $116,100
Net Assets Without Donor Restrictions$55,323$1,062,251▲ $1,006,928
Total Net Assets Fund Balance$1,687,923$2,578,751▲ $890,828
Total Liabilities and Net Assets / Fund Balance$1,758,609$2,595,851▲ $837,242

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,555$12,093$34,648
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
D'ATRA JACKSONNational DirectorFT$71,951$71,951
Nzinga WestManaging DirectorFT$61,126$61,126
Courtney SebringCreative DirectorFT$49,076$49,076

Board Members and Trustees

NameTitle
Serwah AfriyieChair
Keron H BlairDirector
Kifu Kamau FaruqDirector
S MANDISA MOORE-O'NEALDirector
Zakiya LordDirector
Nhawndie SmithOrganizing Director
Jeffery K RomanSecretary
Cathy J CohenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,337,416
Program Service Revenue
$0
Investment Income
$6
Other Revenue
$0
All Other Contributions
$2,337,416
Change in Net Assets
$890,828

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,337,422
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,337,422
Total Revenue per Form 990
$2,337,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$793,822
Other Expenses$652,772
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$666,810$127,012-$793,822
Conferences and Meetings$353,728$67,377-$421,105
Occupancy$63,840$12,160-$76,000
Office Expenses$43,201$8,227-$51,428
Fees for Services Management$38,629$7,358-$45,987
Other Expenses$7,620$13,425-$7,620
Insurance-$6,434-$6,434
Depreciation Depletion$4,722$900-$5,622
Advertising$1,116--$1,116
Total Functional Expenses$1,179,666$266,928$0$1,446,594

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,446,594
Total Expenses per Audited Statements$1,446,594
Total Expenses per Form 990$1,446,594
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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, Part VI, Section B, Line 11B

National director of the organization are authorized to review annual tax returns on behalf of the board of directors

Form 990, Part VI, Section B, Line 12C

Officers, directors and key employees are required to disclose in writing to the organization's management as soon as posssible the existence of any actual or potential conflict of interest found

Form 990, Part VI, Section B, Line 15

Compensations are reviewed and determined by committee based on comparable data; and are reported to the board of directors for approval.

Form 990, Part VI, Section C, Line 19

All the listed documents are available upon request

Filing and Contact Details

Filer

Filer Name
Byp100 Education Fund
EIN
81-0975889
Phone
7739401800
Address
6515 S INGLESIDE AVE, CHICAGO, IL 60637

Signing Officer

Name
Serwah Afriyie
Title
Chair
Phone
7739401800
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Serwah Afriyie
Formed
2016
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
21
Volunteers
30

Preparer

Firm
Choi & Partners LLC
Address
5005 NEWPORT DRIVE, ROLLING MEADOWS, IL 60008
Preparer
Jae K Choi CPA
Phone
8475900500
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IRS990/PYOtherRevenueAmt00
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IRS990/PYTotalExpensesAmt01788258
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01220389
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0890828
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01553470
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01387618
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01055735
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01387618
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IRS990ScheduleA/TotalSupportAmt06701246
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt012093
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
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IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt022555
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IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT APPLICATIONS ARE REVIEWED BY COMMITTEE AND REPORTED TO THE BOARD OF DIRECTORS FOR APPROVAL
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NATIONAL DIRECTOR OF THE ORGANIZATION ARE AUTHORIZED TO REVIEW ANNUAL TAX RETURNS ON BEHALF OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE IN WRITING TO THE ORGANIZATION'S MANAGEMENT AS SOON AS POSSSIBLE THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST FOUND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATIONS ARE REVIEWED AND DETERMINED BY COMMITTEE BASED ON COMPARABLE DATA; AND ARE REPORTED TO THE BOARD OF DIRECTORS FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL THE LISTED DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01179666
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IRS990/TotalProgramServiceExpensesAmt01179666
IRS990/TotalReportableCompFromOrgAmt0182153
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IRS990/UponRequestInd0X
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IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SERWAH AFRIYIE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07739401800
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BYP100 EDUCATION FUND
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0223.38.28.192
ReturnHeader/FilingSecurityInformation/IPDt02020-11-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm018:14:17
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271587652
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHOI & PARTNERS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05005 NEWPORT DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROLLING MEADOWS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060008
ReturnHeader/PreparerPersonGrp/PhoneNum08475900500

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