Civic Intelligence

Herban Foundation Nfp

990 • Fiscal year 2020 • EIN 81-4238038

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

2900 Van Buren StChicago, IL 60612

(773) 969-5745

Siviq Scores

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

Liabilities / Assets

37th percentile

0.04x

Higher debt load relative to assets than 37% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

96th percentile

79%

Higher net margin than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

41st percentile

$21,530

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

1st percentile

-61%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

99th percentile

1552%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$384,580

Down $603,603 (-61%) from 2019

Net Assets

Up

$370,236

Up $925,473 (+167%) from 2019

Liabilities

Down

$14,344

Down $1,529,076 (-99%) from 2019

Revenue

Up

$1,066,256

Up $1,001,727 (+1552%) from 2019

Expenses

Down

$218,804

Down $65,394 (-23%) from 2019

Net Income

Up

$847,452

Up $1,067,121 (+486%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2016: $552,581Liabilities 2016: $526,741Net Assets 2016: $25,8402016Assets 2017: $553,081Liabilities 2017: $664,698Net Assets 2017: -$111,6172017Assets 2018: $1,055,105Liabilities 2018: $1,390,673Net Assets 2018: -$335,5682018Assets 2019: $988,183Liabilities 2019: $1,543,420Net Assets 2019: -$555,2372019Assets 2020: $384,580Liabilities 2020: $14,344Net Assets 2020: $370,2362020Assets 2021: $315,520Liabilities 2021: $0Net Assets 2021: $315,5202021Assets 2022: $253,157Liabilities 2022: $0Net Assets 2022: $253,1572022

Highlighted filing

2020

Assets$384,580
Liabilities$14,344
Net Assets$370,236

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $61,951Expenses 2016: $36,111Net Income 2016: $25,8402016Revenue 2017: $49,830Expenses 2017: $187,287Net Income 2017: -$137,4572017Revenue 2018: $31,656Expenses 2018: $255,607Net Income 2018: -$223,9512018Revenue 2019: $64,529Expenses 2019: $284,198Net Income 2019: -$219,6692019Revenue 2020: $1,066,256Expenses 2020: $218,804Net Income 2020: $847,4522020Revenue 2021: $14,847Expenses 2021: $69,563Net Income 2021: -$54,7162021Revenue 2022: $0Expenses 2022: $62,363Net Income 2022: -$62,3632022

Highlighted filing

2020

Revenue$1,066,256
Expenses$218,804
Net Income$847,452
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.1
Gross Receipts
$1,618,893
Mission and Program Overview

Mission

The organization's mission is to increase the accessibility of locally grown produce by implementing sustainable gardening methods in those urban settings

The organization's mission is to increase the accessibility of locally grown produce by implementing sustainable gardening methods in those urban settings.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$1,539,879--
Land, Buildings, and Equipment, Net$972,360$377,882▼ $594,478
Rtn Earn Endowment Incm Other Fnds$-555,237$370,236▲ $925,473
Cash and Non-Interest-Bearing Accounts$13,304$4,178▼ $9,126
Accounts Receivable$2,519$2,520▲ $1
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$988,183$384,580▼ $603,603
Liabilities
Other Liabilities$2,233$14,200▲ $11,967
Accounts Payable and Accrued Expenses$1,308$144▼ $1,164
Total Liabilities$1,543,420$14,344▼ $1,529,076
Net Assets / Fund Balance
Total Net Assets Fund Balance$-555,237$370,236▲ $925,473
Total Liabilities and Net Assets / Fund Balance$988,183$384,580▼ $603,603

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$366,559$241,963$608,522
Equipment$11,323$3,782$15,105
Compensation and Service Providers

Employees

NameTitleBaseTotal
Alicia Nesbary MooreDirector$21,530$21,530

Board Members and Trustees

NameTitle
Kimberly McsheaPresident
Barry HowardDirector
Jevon MooreDirector
Alia PeragalloSecretary
Tim McloughlinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,000
Program Service Revenue
$8,893
Investment Income
$1,047,363
Other Revenue
$0
All Other Contributions
$10,000
Change in Net Assets
$847,452
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$179,915
Salaries, Compensation, and Employee Benefits$38,889
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$62,244--$62,244
Interest$53,811--$53,811
Current Officers, Directors, Trustees, and Key Employees$19,377$2,153-$21,530
Other Salaries and Wages$11,088$1,232-$12,320
Occupancy$10,473--$10,473
Fees for Services Legal$6,746$750-$7,496
Insurance$6,623--$6,623
Payroll Taxes$4,535$504-$5,039
Fees for Services Other$4,100--$4,100
All Other Expenses$3,930--$3,930
Other Expenses$3,351--$3,351
Office Expenses-$1,624-$1,624
Advertising$1,395--$1,395
Fees for Services Accounting$1,249$139-$1,388
Total Functional Expenses$212,402$6,402$0$218,804
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,539,879--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program Loan Payable$14,000
Sales Tax Payable$200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 B, Line 11B

The bookkeeper and the secretary will review the return before filing. Presentation to the board will be at a scheduled meeting.

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

Compliance with this policy is monitored and enforeced by the president.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Herban Foundation Nfp
EIN
81-4238038
Phone
7739695745
Address
2900 VAN BUREN ST, CHICAGO, IL 60612

Signing Officer

Name
Barry Howard
Title
Director
Phone
7739695745
Signed
2021-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barry Howard
Formed
2016
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
100

Preparer

Firm
Cliftonlarsonallen Llp
Address
301 SW ADAMS STREET SUITE 1000, PEORIA, IL 61602
Preparer
Samuel a Cigelnik
Phone
3096714500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Licenses & permits: program service expenses 1,892. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,892. Lawn care services: program service expenses 600. Management and general expenses 0. Fundraising expenses 0. Total expenses 600. Monitoring expense: program service expenses 306. Management and general expenses 0. Fundraising expenses 0. Total expenses 306. Pest elimination expense: program service expenses 286. Management and general expenses 0. Fundraising expenses 0. Total expenses 286. Meals & entertainment: program service expenses 248. Management and general expenses 0. Fundraising expenses 0. Total expenses 248. Cleaning supplies: program service expenses 209. Management and general expenses 0. Fundraising expenses 0. Total expenses 209. Dues and subscriptions: program service expenses 192. Management and general expenses 0. Fundraising expenses 0. Total expenses 192. Car and truck expenses: program service expenses 103. Management and general expenses 0. Fundraising expenses 0. Total expenses 103. Bank service charges: program service expenses 94. Management and general expenses 0. Fundraising expenses 0. Total expenses 94.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt031667
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt049830
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt061951
IRS990ScheduleA/Total509Grp/TotalAmt0226870
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt018893
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt064529
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt031667
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt049830
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt061951
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0226870
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0366559
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0241963
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0608522
IRS990ScheduleD/EquipmentGrp/BookValueAmt011323
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03782
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015105
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYCHECK PROTECTION PROGRAM LOAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0377882
IRS990ScheduleD/TotalLiabilityAmt014200
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0CUDA DEVELOPMENT LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0576175
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOOKKEEPER AND THE SECRETARY WILL REVIEW THE RETURN BEFORE FILING. PRESENTATION TO THE BOARD WILL BE AT A SCHEDULED MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPLIANCE WITH THIS POLICY IS MONITORED AND ENFORECED BY THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LICENSES & PERMITS: PROGRAM SERVICE EXPENSES 1,892. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,892. LAWN CARE SERVICES: PROGRAM SERVICE EXPENSES 600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 600. MONITORING EXPENSE: PROGRAM SERVICE EXPENSES 306. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 306. PEST ELIMINATION EXPENSE: PROGRAM SERVICE EXPENSES 286. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 286. MEALS & ENTERTAINMENT: PROGRAM SERVICE EXPENSES 248. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 248. CLEANING SUPPLIES: PROGRAM SERVICE EXPENSES 209. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 209. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 192. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 192. CAR AND TRUCK EXPENSES: PROGRAM SERVICE EXPENSES 103. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103. BANK SERVICE CHARGES: PROGRAM SERVICE EXPENSES 94. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 94.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0988183
IRS990/TotalAssetsEOYAmt0384580
IRS990/TotalAssetsGrp/BOYAmt0988183
IRS990/TotalAssetsGrp/EOYAmt0384580
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt010000
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06402
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0212402
IRS990/TotalFunctionalExpensesGrp/TotalAmt0218804
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01543420
IRS990/TotalLiabilitiesEOYAmt014344
IRS990/TotalLiabilitiesGrp/BOYAmt01543420
IRS990/TotalLiabilitiesGrp/EOYAmt014344
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-555237
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0370236
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0212402
IRS990/TotalProgramServiceRevenueAmt08893
IRS990/TotalReportableCompFromOrgAmt021530
IRS990/TotalRevenueGrp/ExclusionAmt01047363
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08893
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01066256
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0988183
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0384580
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02900 VAN BUREN ST
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060612
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.HERBANPRODUCE.COM/HERBAN-FOUNDATION
IRS990/WhistleblowerPolicyInd00
IRS990/WrittenPolicyOrProcedureInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BARRY HOWARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07739695745
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HERBAN FOUNDATION NFP
ReturnHeader/Filer/BusinessNameControlTxt0HERB
ReturnHeader/Filer/EIN0814238038
ReturnHeader/Filer/PhoneNum07739695745
ReturnHeader/Filer/USAddress/AddressLine1Txt02900 VAN BUREN ST
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060612
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 SW ADAMS STREET SUITE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PEORIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061602

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