Civic Intelligence

Trusted Advisors Council

990EZ • Fiscal year 2024 • EIN 81-4109813

Jan 01, 2024 to Dec 31, 2024 • Filed on May 07, 2025

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

51st percentile

0.01x

Higher debt load relative to assets than 51% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.00x

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

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

18th percentile

-19%

Higher net margin than 18% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

19th percentile

-19%

Faster asset growth than 19% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

2.6%

Faster revenue growth than 49% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$64,884

Down $13,375 (-17%) from 2022

Net Assets

Down

$64,559

Down $13,375 (-17%) from 2022

Liabilities

Flat

$325

Flat from 2022

Revenue

Up

$78,904

Up $33,781 (+75%) from 2022

Expenses

Up

$94,018

Up $26,575 (+39%) from 2022

Net Income

Up

-$15,114

Up $7,206 (+32%) from 2022

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: $77,9342022Assets 2024: $64,884Liabilities 2024: $325Net Assets 2024: $64,5592024

Highlighted filing

2024

Assets$64,884
Liabilities$325
Net Assets$64,559

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: -$22,3202022Revenue 2024: $78,904Expenses 2024: $94,018Net Income 2024: -$15,1142024

Highlighted filing

2024

Revenue$78,904
Expenses$94,018
Net Income-$15,114
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.1
Gross Receipts
$78,904
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--
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
2025-05-07
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.1007

Conferences, Conventions, and Meetings $82514

Other Expenses.1012

Insurance $1640

Other Expenses.1

Merchant Fee $2636

Other Expenses.2

Dues & Subscription $2205

Other Expenses.3

Office Expense $1543

Other Assets.1005

Accounts Receivable - Beginning $6365 Accounts Receivable - Ending $410

Total Liabilities.1003

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

Raw XML Appendix116 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
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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/BOYAmt073633
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt064474
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt0-15114
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt060375
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06365
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0410
IRS990EZ/OtherExpensesTotalAmt090538
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/ProgramServiceRevenueAmt014765
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEETINGS, CONFERENCES, AND EVENTS FOR ITS MEMBERS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0325
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0325
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt094018
IRS990EZ/TotalRevenueAmt078904
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TRUSTEDADVISORSCOUNCIL.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Conferences, Conventions, and Meetings $82514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $1640
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Merchant Fee $2636
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Dues & Subscription $2205
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Office Expense $1543
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Receivable - Beginning $6365 Accounts Receivable - Ending $410
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Deferred Revenue - Beginning $325 Deferred Revenue - Ending $325
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1003
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Kwon
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
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/ReturnTs02025-05-07T08:56:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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