Civic Intelligence

Ilar Inc

990 • Fiscal year 2017 • EIN 81-3670748

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

400 E Randolph No 3725Chicago, IL 60601

(312) 540-1000

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

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

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

21st percentile

0.00x

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

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

98th percentile

59%

Higher net margin than 98% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

100th percentile

529%

Faster asset growth than 100% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

100th percentile

800%

Faster revenue growth than 100% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$471,547

Up $396,547 (+529%) from 2016

Net Assets

Up

$471,547

Up $396,547 (+529%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$675,000

Up $600,000 (+800%) from 2016

Expenses

Up

$278,453

Up $278,453 from 2016

Net Income

Up

$396,547

Up $321,547 (+429%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $75,000Liabilities 2016: $0Net Assets 2016: $75,0002016Assets 2017: $471,547Liabilities 2017: $0Net Assets 2017: $471,5472017Assets 2018: $607,645Liabilities 2018: $0Net Assets 2018: $607,6452018Assets 2019: $734,665Liabilities 2019: $0Net Assets 2019: $734,6652019Assets 2020: $786,143Liabilities 2020: $0Net Assets 2020: $786,1432020Assets 2021: $598,715Liabilities 2021: $0Net Assets 2021: $598,7152021Assets 2022: $502,588Liabilities 2022: $0Net Assets 2022: $502,5882022Assets 2023: $500,900Liabilities 2023: $0Net Assets 2023: $500,9002023Assets 2024: $597,561Liabilities 2024: $0Net Assets 2024: $597,5612024Assets 2025: $627,283Liabilities 2025: $15,000Net Assets 2025: $612,2832025

Highlighted filing

2017

Assets$471,547
Liabilities$0
Net Assets$471,547

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $75,000Expenses 2016: $0Net Income 2016: $75,0002016Revenue 2017: $675,000Expenses 2017: $278,453Net Income 2017: $396,5472017Revenue 2018: $580,818Expenses 2018: $444,720Net Income 2018: $136,0982018Revenue 2019: $709,826Expenses 2019: $582,806Net Income 2019: $127,0202019Revenue 2020: $522,772Expenses 2020: $471,294Net Income 2020: $51,4782020Revenue 2021: $467,879Expenses 2021: $655,307Net Income 2021: -$187,4282021Revenue 2022: $465,736Expenses 2022: $561,863Net Income 2022: -$96,1272022Revenue 2023: $810,296Expenses 2023: $811,985Net Income 2023: -$1,6892023Revenue 2024: $760,356Expenses 2024: $663,695Net Income 2024: $96,6612024Revenue 2025: $603,420Expenses 2025: $588,698Net Income 2025: $14,7222025

Highlighted filing

2017

Revenue$675,000
Expenses$278,453
Net Income$396,547
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$675,000
Mission and Program Overview

Mission

A business league dedicated exclusively to engaging in activities to support and protect the interests of organizations which manufacture, own or control any over-the-counter (otc)consumer healthcare products sold in latin america for domestic use.

See schedule o.ilar, inc. Is a business league dedicated exclusively to engaging in activities to support and protect the interests of organizations that manufacture, own, or control any over-the-counter ("otc") consumer healthcare product which is sold in latin america for domestic use.ilar, inc. Accomplishes this mission through four activities:1.) communications and public relations activities2.) educational activities3.) membership activities4.) lobbying/government affairs

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$75,000$471,547▲ $396,547
Total Assets$75,000$471,547▲ $396,547
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$75,000$471,547▲ $396,547
Total Net Assets Fund Balance$75,000$471,547▲ $396,547
Total Liabilities and Net Assets / Fund Balance$75,000$471,547▲ $396,547
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Tonelli Banfi Juan MartinConsulting1211 PISO6, Buenos Aires, Ar$110,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$675,000
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$396,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$278,453
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$186,000--$186,000
Fees for Services Legal$41,890--$41,890
Travel$23,567--$23,567
Fees for Services Accounting$6,854--$6,854
Other Expenses$598--$598
Total Functional Expenses$278,453$0$0$278,453
International Activity

International Summary

Offices
0
Employees
7
Spending
$227,890

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaProgram ServicesTHE ORGANIZATION'S TOTAL REVENUE OF $675,000 IS ENTIRELY DERIVED FROM MEMBERSHIP FEES FROM BOTH FOREIGN AND DOMESTIC HEALTHCARE AND PHARMACEUTICAL COMPANIES.ILAR UTILIZES THE MEDIA TO PROMOTE KNOWLEDGE ABOUT ISSUES FACING OTC CONSUMER HEALTHCARE PRODUCERS AND SUPPLIERS IN LATIN AMERICA. THESE EFFORTS INCLUDE PRESS RELEASES AND OPINION EDITORIALS IN TRADE AND NATIONAL MAGAZINES, NEWSPAPERS AND ONLINE PLATFORMS. ILAR MAY CREATE A SOCIAL MEDIA PRESENCE TO ENGAGE CONSUMERS, LAWMAKERS AND OTC CONSUMER HEALTHCARE PROFESSIONALS IN ITS ACTIVITIES AND PROMOTE OBJECTIVES. ILAR MAY LAUNCH A NEW WEBSITE TO DISPLAY ITS EFFORTS ON THE REGULTORY, LITIGATION AND GOVERNMENT ADVOCACY FRONTS. ILAR USES THE CONSULTING SERVICES OF REGIONAL PROFESSIONALS TO GATHER INFORMATION IT PASSES ON TO ITS MEMBERS THROUGH EDUCATIONAL NEWSLETTERS AND MEETINGS.ILAR'S WEBSITE WILL BE UPDATED REGULARLY TO PROMOTE EVENTS AND OBJECTIVES.-7$227,890
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
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Part VI, Section A, Line 6

Ilar's membership consists of organizations that manufacture, own, or control any over-the-counter (otc) consumer healthcare product which is sold in latin america for domestic use.

Form 990, Part VI, Section A, Line 7A

Ilar's voting membership consists of organizations that manufacture, own, or control any over-the-counter (otc) consumer healthcare product which is sold in latin america for domestic use.

Form 990, Part VI, Section B, Line 11B

Form 990 review: the form 990 prepared by an outside cpa firm is reviewed internally by the governing body.

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

Any questionable practices or situations are to be reported to any of the co-directors immediately. The policy states various potential problems and the acceptable reporting methods.

Form 990, Part VI, Section C, Line 19

Other than what is available from the irs, governing documents, financial statements, conflict of interest policies and other policies are available by written request addressed to the president of the company at the business address.

Filing and Contact Details

Filer

Filer Name
Ilar Inc
EIN
81-3670748
Phone
3125401000
Address
400 E RANDOLPH NO 3725, CHICAGO, IL 60601

Signing Officer

Name
Jose Antonio Valdez
Title
President
Phone
3125401000
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jose Antonio Valdez
Formed
2016
Legal Domicile
De
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Ctm Cpas & Business Advisors
Address
ONE OVERLOOK POINT SUITE 190, LINCOLNSHIRE, IL 60069
Preparer
Steven Edelheit CPA
Phone
8474441040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting: program service expenses 186,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 186,000.

Raw XML Appendix323 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.

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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0THE ORGANIZATION'S TOTAL REVENUE OF $675,000 IS ENTIRELY DERIVED FROM MEMBERSHIP FEES FROM BOTH FOREIGN AND DOMESTIC HEALTHCARE AND PHARMACEUTICAL COMPANIES.ILAR UTILIZES THE MEDIA TO PROMOTE KNOWLEDGE ABOUT ISSUES FACING OTC CONSUMER HEALTHCARE PRODUCERS AND SUPPLIERS IN LATIN AMERICA. THESE EFFORTS INCLUDE PRESS RELEASES AND OPINION EDITORIALS IN TRADE AND NATIONAL MAGAZINES, NEWSPAPERS AND ONLINE PLATFORMS. ILAR MAY CREATE A SOCIAL MEDIA PRESENCE TO ENGAGE CONSUMERS, LAWMAKERS AND OTC CONSUMER HEALTHCARE PROFESSIONALS IN ITS ACTIVITIES AND PROMOTE OBJECTIVES. ILAR MAY LAUNCH A NEW WEBSITE TO DISPLAY ITS EFFORTS ON THE REGULTORY, LITIGATION AND GOVERNMENT ADVOCACY FRONTS. ILAR USES THE CONSULTING SERVICES OF REGIONAL PROFESSIONALS TO GATHER INFORMATION IT PASSES ON TO ITS MEMBERS THROUGH EDUCATIONAL NEWSLETTERS AND MEETINGS.ILAR'S WEBSITE WILL BE UPDATED REGULARLY TO PROMOTE EVENTS AND OBJECTIVES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ILAR'S MEMBERSHIP CONSISTS OF ORGANIZATIONS THAT MANUFACTURE, OWN, OR CONTROL ANY OVER-THE-COUNTER (OTC) CONSUMER HEALTHCARE PRODUCT WHICH IS SOLD IN LATIN AMERICA FOR DOMESTIC USE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ILAR'S VOTING MEMBERSHIP CONSISTS OF ORGANIZATIONS THAT MANUFACTURE, OWN, OR CONTROL ANY OVER-THE-COUNTER (OTC) CONSUMER HEALTHCARE PRODUCT WHICH IS SOLD IN LATIN AMERICA FOR DOMESTIC USE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 REVIEW: THE FORM 990 PREPARED BY AN OUTSIDE CPA FIRM IS REVIEWED INTERNALLY BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY QUESTIONABLE PRACTICES OR SITUATIONS ARE TO BE REPORTED TO ANY OF THE CO-DIRECTORS IMMEDIATELY. THE POLICY STATES VARIOUS POTENTIAL PROBLEMS AND THE ACCEPTABLE REPORTING METHODS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER THAN WHAT IS AVAILABLE FROM THE IRS, GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICIES AND OTHER POLICIES ARE AVAILABLE BY WRITTEN REQUEST ADDRESSED TO THE PRESIDENT OF THE COMPANY AT THE BUSINESS ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONSULTING: PROGRAM SERVICE EXPENSES 186,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 186,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt075000
IRS990/TotalAssetsEOYAmt0471547
IRS990/TotalAssetsGrp/BOYAmt075000
IRS990/TotalAssetsGrp/EOYAmt0471547
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0278453
IRS990/TotalFunctionalExpensesGrp/TotalAmt0278453
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt075000
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0471547
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0278453
IRS990/TotalProgramServiceRevenueAmt0675000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0675000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0675000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt075000
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0471547
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt023567
IRS990/TravelGrp/TotalAmt023567
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt075000
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0471547
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0400 E RANDOLPH ST 3725
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060601
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.INFOILAR.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSE ANTONIO VALDEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03125401000
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ILAR INC
ReturnHeader/Filer/BusinessNameControlTxt0ILAR
ReturnHeader/Filer/EIN0813670748
ReturnHeader/Filer/PhoneNum03125401000
ReturnHeader/Filer/USAddress/AddressLine1Txt0400 E RANDOLPH NO 3725
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060601
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00ACD9BAF7EDA5CAC3657CF1B62E7A5DB278FDFD5
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId040A9544D83E59C06FAB8AEE1A509EA0C29CCC715
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.243.119.33
ReturnHeader/FilingSecurityInformation/IPDt02018-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:48:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362787513
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CTM CPAS & BUSINESS ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE OVERLOOK POINT SUITE 190
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LINCOLNSHIRE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060069
ReturnHeader/PreparerPersonGrp/PhoneNum08474441040
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN EDELHEIT CPA
ReturnHeader/ReturnTs02018-05-15T10:32:44-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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