Civic Intelligence

Trusted Advisors Council

990EZ • Fiscal year 2022 • EIN 81-4109813

Jan 01, 2022 to Dec 31, 2022 • Filed on May 09, 2023

1320 Tower RoadSchaumburg, IL 60173

(630) 537-0108

Siviq Scores

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

Liabilities / Assets

50th percentile

0.00x

Higher debt load relative to assets than 50% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

52nd percentile

0.01x

Higher debt load relative to revenue than 52% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

8th percentile

-49%

Higher net margin than 8% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

17th percentile

-22%

Faster asset growth than 17% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-34%

Faster revenue growth than 9% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$78,259

Down $21,995 (-22%) from 2021

Net Assets

Down

$77,934

Down $22,320 (-22%) from 2021

Liabilities

$325

No earlier filing loaded for comparison.

Revenue

Down

$45,123

Down $23,064 (-34%) from 2021

Expenses

Up

$67,443

Up $22,794 (+51%) from 2021

Net Income

Down

-$22,320

Down $45,858 (-195%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2021: $100,254Net Assets 2021: $100,2542021Assets 2022: $78,259Liabilities 2022: $325Net Assets 2022: $77,9342022

Highlighted filing

2022

Assets$78,259
Liabilities$325
Net Assets$77,934

Operations Trend

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

$100K$50K$0-$50KRevenue 2021: $68,187Expenses 2021: $44,649Net Income 2021: $23,5382021Revenue 2022: $45,123Expenses 2022: $67,443Net Income 2022: -$22,3202022

Highlighted filing

2022

Revenue$45,123
Expenses$67,443
Net Income-$22,320
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$45,123
Mission and Program Overview

Mission

Developing and evolving valuable business relationships built on collaboration between its members.objectives: a) to develop and foster professional relationships and friendships using a 4 step process: 1) know - take the time to get to know each member on a personal level until s/he is comfortable with who you are. Focus on adding value first. 2) like - recognize and respect who the member is as a person, enough to like them. The more someone likes you, the more they begin to trust you. Friendliness, relevance, and empathy are important elements. 3) trust - believe in the member enough to engage them and know that they will put a referred client's long-term interests ahead of their own short-term interests. 4) refer - provide meaningful resources and giving mentality to create commerce for each other and our clients.b) to share knowledge and network resources with fellow members and our clients.c) to serve each other's clients with great care and skill, always placing the client's int

Program Services

DescriptionGrantsExpenses
MEETINGS, CONFERENCES, AND EVENTS FOR ITS MEMBERS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen K SnodgrassTreasurer-$0--
Michael KwonPresident-$0--
Clark NeuhoffSecretary-$0--
Joseph GurreriDirector-$0--
Daniel KarnatzDirector-$0--
Lorena BlonskyDirector-$0--
Filing and Contact Details

Filer

Filer Name
Trusted Advisors Council
EIN
81-4109813
Phone
6305370108
Address
1320 TOWER ROAD, SCHAUMBURG, IL 60173

Signing Officer

Name
Michael Kwon
Title
President
Signed
2023-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Cray Kaiser Ltd
Address
1901 S Meyers Road Ste 230, Oakbrook Terrace, IL 60181
Preparer
Karen K Snodgrass
Phone
6309534900
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $7500

Other Expenses.1007

Conferences, Conventions, and Meetings $50074

Other Expenses.1012

Insurance $1668

Other Expenses.1

Merchant Fee $2201

Other Expenses.2

Dues & Subscription $1953

Other Expenses.3

Office Expense $245

Other Expenses.4

Postage and Mailing $29

Other Assets.1005

Accounts Receivable - Beginning $1045 Accounts Receivable - Ending $2475

Total Liabilities.1003

Deferred Revenue - Beginning $0 Deferred Revenue - Ending $325

Raw XML Appendix136 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KAREN SNODGRASS
IRS990EZ/BooksInCareOfDetail/PhoneNum06309534900
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01901 S MEYERS ROAD STE 230
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0OAKBROOK TERRACE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060181
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt099209
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt075784
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-22320
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03773
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0100254
IRS990EZ/Form990TotalAssetsGrp/EOYAmt078259
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt045123
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt033216
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0100254
IRS990EZ/NetAssetsOrFundBalancesEOYAmt077934
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0100254
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt077934
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Karen K Snodgrass
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Michael Kwon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Clark Neuhoff
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Joseph Gurreri
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Daniel Karnatz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Lorena Blonsky
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01045
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02475
IRS990EZ/OtherExpensesTotalAmt063670
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DEVELOPING AND EVOLVING VALUABLE BUSINESS RELATIONSHIPS BUILT ON COLLABORATION BETWEEN ITS MEMBERS.OBJECTIVES: A) TO DEVELOP AND FOSTER PROFESSIONAL RELATIONSHIPS AND FRIENDSHIPS USING A 4 STEP PROCESS: 1) KNOW - TAKE THE TIME TO GET TO KNOW EACH MEMBER ON A PERSONAL LEVEL UNTIL S/HE IS COMFORTABLE WITH WHO YOU ARE. FOCUS ON ADDING VALUE FIRST. 2) LIKE - RECOGNIZE AND RESPECT WHO THE MEMBER IS AS A PERSON, ENOUGH TO LIKE THEM. THE MORE SOMEONE LIKES YOU, THE MORE THEY BEGIN TO TRUST YOU. FRIENDLINESS, RELEVANCE, AND EMPATHY ARE IMPORTANT ELEMENTS. 3) TRUST - BELIEVE IN THE MEMBER ENOUGH TO ENGAGE THEM AND KNOW THAT THEY WILL PUT A REFERRED CLIENT'S LONG-TERM INTERESTS AHEAD OF THEIR OWN SHORT-TERM INTERESTS. 4) REFER - PROVIDE MEANINGFUL RESOURCES AND GIVING MENTALITY TO CREATE COMMERCE FOR EACH OTHER AND OUR CLIENTS.B) TO SHARE KNOWLEDGE AND NETWORK RESOURCES WITH FELLOW MEMBERS AND OUR CLIENTS.C) TO SERVE EACH OTHER'S CLIENTS WITH GREAT CARE AND SKILL, ALWAYS PLACING THE CLIENT'S INT
IRS990EZ/ProgramServiceRevenueAmt011907
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEETINGS, CONFERENCES, AND EVENTS FOR ITS MEMBERS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0325
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt067443
IRS990EZ/TotalRevenueAmt045123
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TRUSTEDADVISORSCOUNCIL.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $7500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $50074
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1668
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Merchant Fee $2201
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Dues & Subscription $1953
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Office Expense $245
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Postage and Mailing $29
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Receivable - Beginning $1045 Accounts Receivable - Ending $2475
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Deferred Revenue - Beginning $0 Deferred Revenue - Ending $325
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1003
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/PersonNm0Michael Kwon
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRUSTED ADVISORS COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0TRUS
ReturnHeader/Filer/EIN0814109813
ReturnHeader/Filer/PhoneNum06305370108
ReturnHeader/Filer/USAddress/AddressLine1Txt01320 TOWER ROAD
ReturnHeader/Filer/USAddress/CityNm0SCHAUMBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060173
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362746886
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cray Kaiser Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01901 S Meyers Road Ste 230
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Oakbrook Terrace
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060181
ReturnHeader/PreparerPersonGrp/PhoneNum06309534900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Karen K Snodgrass
ReturnHeader/ReturnTs02023-05-09T14:27:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Kwon
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)6 • <$500k nonprofits