Civic Intelligence

The Michael Skoubis Foundation

990EZ • Fiscal year 2019 • EIN 81-3790013

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

1300 W Higgins RoadPark Ridge, IL 60068

(847) 696-0900

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

90th percentile

45%

Higher net margin than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

82nd percentile

42%

Faster asset growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

97th percentile

214%

Faster revenue growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$56,410

Up $16,632 (+42%) from 2018

Net Assets

Up

$56,410

Up $16,632 (+42%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$36,567

Up $24,926 (+214%) from 2018

Expenses

Up

$19,935

Up $2,544 (+15%) from 2018

Net Income

Up

$16,632

Up $22,382 (+389%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $48,674Net Assets 2016: $48,6742016Assets 2017: $45,528Net Assets 2017: $45,5282017Assets 2018: $39,778Net Assets 2018: $39,7782018Assets 2019: $56,410Net Assets 2019: $56,4102019Assets 2020: $43,131Net Assets 2020: $43,1312020Assets 2021: $87,910Net Assets 2021: $87,9102021Assets 2022: $87,992Net Assets 2022: $87,9922022Assets 2023: $111,091Net Assets 2023: $111,0912023Assets 2024: $133,380Net Assets 2024: $133,3802024

Highlighted filing

2019

Assets$56,410
Liabilities-
Net Assets$56,410

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2016: $52,699Expenses 2016: $4,025Net Income 2016: $48,6742016Revenue 2017: $51,329Expenses 2017: $54,475Net Income 2017: -$3,1462017Revenue 2018: $11,641Expenses 2018: $17,391Net Income 2018: -$5,7502018Revenue 2019: $36,567Expenses 2019: $19,935Net Income 2019: $16,6322019Revenue 2020: $500Expenses 2020: $13,779Net Income 2020: -$13,2792020Revenue 2021: $56,604Expenses 2021: $11,825Net Income 2021: $44,7792021Revenue 2022: $23,456Expenses 2022: $23,374Net Income 2022: $822022Revenue 2023: $38,080Expenses 2023: $14,981Net Income 2023: $23,0992023Revenue 2024: $38,621Expenses 2024: $16,332Net Income 2024: $22,2892024

Highlighted filing

2019

Revenue$36,567
Expenses$19,935
Net Income$16,632
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$53,882
Mission and Program Overview

Mission

TO PROMOTE EDUCATION

Program Services

DescriptionGrantsExpenses
TO PROVIDE COLLEGE SCHOLARSHIPS TO SUPPORT EDUCATION AND HELP STUDENTS SET GOALS AND STRIVE TO ACHIEVE EXCELLENCE. NEW ORGANIZATION, EXPECT TO AWARD SCHOLARSHIPS BASED ON NEED AND ACADEMIC PERFORMANCE.$37,250-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN SKOUBISPresidentPT$0--
JAMES CHIAKULASDirector-$0--
JAMES KONTOPOULOSTreasurer-$0--
PETER BARTZISDirector-$0--
STEVE KONSTANTOPOULOSDirector-$0--
ZACHARY P BAZIANOSDirector-$0--
FOTIOS THEODOSOPOULOSDirector-$0--
NICK SKOUBISDirector-$0--
HELEN SKOUBISDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Basketball Tournament$29,042$29,042$3,280$25,762
Baseball Game Chicago Cubs Event$24,840$24,840-$24,840
Total Events$53,882$53,882$17,315$36,567
Filing and Contact Details

Filer

Filer Name
The Michael Skoubis Foundation
EIN
81-3790013
Phone
8476960900
Address
1300 W HIGGINS ROAD, PARK RIDGE, IL 60068

Signing Officer

Name
John Skoubis
Title
President
Signed
2020-11-13
Discuss with paid preparer
Yes

Preparer

Firm
John G Sotos and Associates LLC
Address
1019 W WISE RD STE 100, SCHAUMBURG, IL 60193-3754
Preparer
John G Sotos
Phone
8475244720
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Cash Amount Given: $14000

Other Expenses.1001

Advertising and Promotion $200

Other Expenses.1012

Insurance $626

Other Expenses.1

SPONSORSHIPS $3350

Other Expenses.2

COMPUTER SOFTWARE $1010

Other Expenses.3

FILING FEE $570

Other Expenses.5

WEBSITE $70

Other Expenses.6

BANK FEES $17

Raw XML Appendix189 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8HELEN SKOUBIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherExpensesTotalAmt05843
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IRS990EZ/PrintingPublicationsPostageAmt092
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Cash Amount Given: $14000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $626
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ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN SKOUBIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MICHAEL SKOUBIS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0813790013
ReturnHeader/Filer/PhoneNum08476960900
ReturnHeader/Filer/USAddress/AddressLine1Txt01300 W HIGGINS ROAD
ReturnHeader/Filer/USAddress/CityNm0PARK RIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060068
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0331151080
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN G SOTOS AND ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01019 W WISE RD STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SCHAUMBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0601933754
ReturnHeader/PreparerPersonGrp/PhoneNum08475244720
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John G Sotos
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-13T09:45:25-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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