Civic Intelligence

The Michael Skoubis Foundation

990EZ • Fiscal year 2022 • EIN 81-3790013

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileN/A
1990 E Algonquin 230Schaumburg, IL 60173

(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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

42nd percentile

0.3%

Higher net margin than 42% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

48th percentile

0.1%

Faster asset growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-59%

Faster revenue growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$87,992

Up $82 (+0.1%) from 2021

Net Assets

Up

$87,992

Up $82 (+0.1%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin42nd percentile

Revenue

Down

$23,456

Down $33,148 (-59%) from 2021

Expenses

Up

$23,374

Up $11,549 (+98%) from 2021

Net Income

Down

$82

Down $44,697 (-100%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

2022

Assets$87,992
Liabilities-
Net Assets$87,992
Open 2022 Filing

Operations Trend

Revenue Growth9th percentile

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

2022

Revenue$23,456
Expenses$23,374
Net Income$82
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$41,524
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.-$10,000
Compensation and Service Providers
Top Officer Pay78th percentile

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
Fund Raising Dinner$41,524$41,524-$41,524
Total Events$41,524$41,524$18,068$23,456
Filing and Contact Details

Filer

Filer Name
The Michael Skoubis Foundation
EIN
81-3790013
Phone
8476960900
Address
1990 E ALGONQUIN 230, SCHAUMBURG, IL 60173

Signing Officer

Name
John Skoubis
Title
President
Signed
2023-11-15
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

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

“| Cash Amount Given: $10000”

Other Expenses.1

“SPONSORSHIPS $12035”

Other Expenses.2

“COMPUTER SUPPORT $1200”

Other Expenses.3

“FILING FEE $125”

Other Expenses.4

“BANK FEES $14”

Raw XML Appendix187 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/BooksInCareOfDetail/USAddress/CityNm0SCHAUMBURG
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN SKOUBIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAMES CHIAKULAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JAMES KONTOPOULOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PETER BARTZIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4STEVE KONSTANTOPOULOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ZACHARY P BAZIANOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6FOTIOS THEODOSOPOULOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7NICK SKOUBIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8HELEN SKOUBIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt013374
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt018068
IRS990EZ/SpecialEventsNetIncomeLossAmt023456
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt010000
IRS990EZ/TotalRevenueAmt023456
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt041524
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt073738
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt053882
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt026101
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0195745
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0195745
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt041524
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt073738
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt053882
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt026101
IRS990ScheduleA/Total509Grp/TotalAmt0195745
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt041524
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt073738
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt053882
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt026101
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0195745
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt018068
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUND RAISING DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt041524
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt041524
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt041524
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt041524
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt018068
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt018068
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SPONSORSHIPS $12035
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPUTER SUPPORT $1200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FILING FEE $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK FEES $14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN SKOUBIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MICHAEL SKOUBIS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0813790013
ReturnHeader/Filer/PhoneNum08476960900
ReturnHeader/Filer/USAddress/AddressLine1Txt01990 E ALGONQUIN 230
ReturnHeader/Filer/USAddress/CityNm0SCHAUMBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060173
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/ZIPCd060193
ReturnHeader/PreparerPersonGrp/PhoneNum08475244720
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John G Sotos
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-14T12:42:46-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SKOUBIS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$87,992
Liabilities
-
Net assets
$87,992
Revenue
$23,456
Expenses
$23,374
Net income
$82
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.33$1.33$0.39$0.16$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.11$1.11$0.38$0.15$0.23
2022Detailed filing. Detailed filing data is available for this year.$0.88$0.88$0.23$0.23$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.88$0.88$0.57$0.12$0.45
2020Detailed filing. Detailed filing data is available for this year.$0.43$0.43$0.01$0.14$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.56$0.37$0.20$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.40$0.12$0.17$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.46$0.51$0.54$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.49$0.53$0.04$0.49