Civic Intelligence

Paloma Del Carmen Fund Corporation

990EZ • Fiscal year 2017 • EIN 81-1176818

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 15, 2018

Organization ProfileN/A
745 Leland CourtLake Forest, IL 60045

(847) 691-3395

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

$87,039

No earlier filing loaded for comparison.

Net Assets

$87,039

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin99th percentile

Revenue

$87,767

No earlier filing loaded for comparison.

Expenses

$728

No earlier filing loaded for comparison.

Net Income

$87,039

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0Assets 2017: $87,039Liabilities 2017: $0Net Assets 2017: $87,0392017Assets 2018: $42,395Liabilities 2018: $0Net Assets 2018: $42,3952018Assets 2019: $60,944Liabilities 2019: $0Net Assets 2019: $60,9442019Assets 2020: $23,254Liabilities 2020: $0Net Assets 2020: $23,2542020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2017

Assets$87,039
Liabilities$0
Net Assets$87,039
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KRevenue 2017: $87,767Expenses 2017: $728Net Income 2017: $87,0392017Revenue 2018: $137,343Expenses 2018: $181,987Net Income 2018: -$44,6442018Revenue 2019: $32,277Expenses 2019: $13,728Net Income 2019: $18,5492019Revenue 2020: $3,758Expenses 2020: $41,448Net Income 2020: -$37,6902020Revenue 2021: $11,000Expenses 2021: $34,254Net Income 2021: -$23,2542021

Highlighted filing

2017

Revenue$87,767
Expenses$728
Net Income$87,039
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 15, 2018
Return Version
2017v2.3
Gross Receipts
$90,897
Mission and Program Overview

Mission

Our purpose is to contribute to the reconstruction of the agricultural sector in puerto rico, which was drastically impacted after hurricanes irma and maria, by supporting long-term projects for the benefit of the island and its residents. We are convinced food sovereignty is extremely important for the sustainable economic development of puerto rico. We want to focus on restoring, supporting and incentivizing the local agriculture s a way for puerto rico to construct and maintain a sustainable and sovereign food system.

Program Services

DescriptionGrantsExpenses
THE FUND BEGAN FUNDRAISING EFFORTS IN 2017. THE GOAL OF THE FUND IS PROVIDE ASSISTANCE TO THE VICTIMS OF HURRICANE MARIA IN PUERTO RICO.$0$3,858
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERTO PEREZBoard Member-$0--
SOFIA WESTMEYERPresidentFT$0--
PETER WESTMEYERVice President-$0--
Filing and Contact Details

Filer

Filer Name
Paloma Del Carmen Fund
EIN
81-1176818
Phone
8476913395
Address
745 LELAND COURT, LAKE FOREST, IL 60045

Signing Officer

Name
Sofia Westmeyer
Title
President
Phone
8476913395
Signed
2018-06-15
Discuss with paid preparer
Yes

Preparer

Firm
Fgmk LLC
Address
2801 LAKESIDE DRIVE 3RD FLOOR, BANNOCKBURN, IL 60015
Preparer
Robert H Minshall
Phone
8473740400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank fees. Amount: 16. Description: miscellaneous expense. Amount: 712. Total to form 990-ez, line 16: 728.”

Raw XML Appendix131 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0SOFIA WESTMEYER
IRS990EZ/BooksInCareOfDetail/PhoneNum03125583877
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0181 W MADISON SUITE 4700
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060602
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt087039
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt090897
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt087039
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt087039
IRS990EZ/GrossReceiptsAmt090897
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt087039
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt087039
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERTO PEREZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SOFIA WESTMEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PETER WESTMEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0728
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0OUR PURPOSE IS TO CONTRIBUTE TO THE RECONSTRUCTION OF THE AGRICULTURAL SECTOR IN PUERTO RICO, WHICH WAS DRASTICALLY IMPACTED AFTER HURRICANES IRMA AND MARIA, BY SUPPORTING LONG-TERM PROJECTS FOR THE BENEFIT OF THE ISLAND AND ITS RESIDENTS. WE ARE CONVINCED FOOD SOVEREIGNTY IS EXTREMELY IMPORTANT FOR THE SUSTAINABLE ECONOMIC DEVELOPMENT OF PUERTO RICO. WE WANT TO FOCUS ON RESTORING, SUPPORTING AND INCENTIVIZING THE LOCAL AGRICULTURE S A WAY FOR PUERTO RICO TO CONSTRUCT AND MAINTAIN A SUSTAINABLE AND SOVEREIGN FOOD SYSTEM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FUND BEGAN FUNDRAISING EFFORTS IN 2017. THE GOAL OF THE FUND IS PROVIDE ASSISTANCE TO THE VICTIMS OF HURRICANE MARIA IN PUERTO RICO.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03858
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt03130
IRS990EZ/SpecialEventsNetIncomeLossAmt0-3130
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0728
IRS990EZ/TotalProgramServiceExpensesAmt03858
IRS990EZ/TotalRevenueAmt087767
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt090897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt090897
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt064533
IRS990ScheduleA/SubstantialContributorsTotAmt026364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt090897
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt090897
IRS990ScheduleA/TotalSupportAmt090897
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEES. AMOUNT: 16. DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 712. TOTAL TO FORM 990-EZ, LINE 16: 728.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SOFIA WESTMEYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08476913395
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALOMA DEL CARMEN FUND
ReturnHeader/Filer/BusinessNameControlTxt0PALO
ReturnHeader/Filer/EIN0811176818
ReturnHeader/Filer/PhoneNum08476913395
ReturnHeader/Filer/USAddress/AddressLine1Txt0745 LELAND COURT
ReturnHeader/Filer/USAddress/CityNm0LAKE FOREST
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060045
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0713C0765D242CB3DD42C42B04F2EF91CE9DBFCD8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A3B5FAF245F87C6703FCF3EDC823A4A4F11E5E08
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.68.27.2
ReturnHeader/FilingSecurityInformation/IPDt02018-11-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:10:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362929601
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FGMK LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02801 LAKESIDE DRIVE 3RD FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BANNOCKBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060015
ReturnHeader/PreparerPersonGrp/PhoneNum08473740400
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT H MINSHALL
ReturnHeader/ReturnTs02018-11-12T10:55:43-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$87,039
Liabilities
$0
Net assets
$87,039
Revenue
$87,767
Expenses
$728
Net income
$87,039
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.11$0.34$0.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.00$0.23$0.04$0.41$0.38
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.32$0.14$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.00$0.42$1.37$1.82$0.45
2017Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.88$0.01$0.87