Civic Intelligence

The Obsidian Collection Archives

990 • Fiscal year 2023 • EIN 81-4569527

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 26, 2024

Organization Profilewww.theobsidiancollection.org
5417 S Michigan AveChicago, IL 60615-4606

(312) 447-0400

Siviq Scores

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

Liabilities / Assets

95th percentile

1.10x

Higher debt load relative to assets than 95% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

9.70x

Higher debt load relative to revenue than 98% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

14th percentile

-23%

Higher net margin than 14% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

26th percentile

-2.9%

Faster asset growth than 26% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

4th percentile

-61%

Faster revenue growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$1,133,020

Down $33,486 (-2.9%) from 2022

Net Assets

Down

-$116,980

Down $28,386 (-32%) from 2022

Liabilities

Down

$1,250,000

Down $5,100 (-0.4%) from 2022

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin14th percentile

Revenue

Down

$128,849

Down $203,416 (-61%) from 2022

Expenses

Down

$158,585

Down $264,979 (-63%) from 2022

Net Income

Up

-$29,736

Up $61,563 (+67%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2018: $24,382Liabilities 2018: $0Net Assets 2018: $24,3822018Assets 2019: $164,513Liabilities 2019: $0Net Assets 2019: $164,5132019Assets 2020: $155,956Liabilities 2020: $0Net Assets 2020: $155,9562020Assets 2021: $1,311,445Liabilities 2021: $59,567Net Assets 2021: $1,251,8782021Assets 2022: $1,166,506Liabilities 2022: $1,255,100Net Assets 2022: -$88,5942022Assets 2023: $1,133,020Liabilities 2023: $1,250,000Net Assets 2023: -$116,9802023Assets 2024: $1,100,820Liabilities 2024: $1,250,000Net Assets 2024: -$149,1802024

Highlighted filing

2023

Assets$1,133,020
Liabilities$1,250,000
Net Assets-$116,980
Open 2023 Filing

Operations Trend

Revenue Growth4th percentile

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

$600K$400K$200K$0-$200KRevenue 2018: $196,989Expenses 2018: $174,627Net Income 2018: $22,3622018Revenue 2019: $201,377Expenses 2019: $61,246Net Income 2019: $140,1312019Revenue 2020: $122,727Expenses 2020: $131,284Net Income 2020: -$8,5572020Revenue 2021: $190,334Expenses 2021: $294,877Net Income 2021: -$104,5432021Revenue 2022: $332,265Expenses 2022: $423,564Net Income 2022: -$91,2992022Revenue 2023: $128,849Expenses 2023: $158,585Net Income 2023: -$29,7362023Revenue 2024: $115,140Expenses 2024: $147,340Net Income 2024: -$32,2002024

Highlighted filing

2023

Revenue$128,849
Expenses$158,585
Net Income-$29,736
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 26, 2024
Return Version
2023v5.1
Gross Receipts
$128,849
Mission and Program Overview

Mission

Preserving the history of black press

Preserving the history of black press. Storing, restoration and enhancement of historical images. Maintaining social media platform to display imagery.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,148,665$1,117,646▼ $31,019
Cash and Non-Interest-Bearing Accounts$14,841$12,374▼ $2,467
Loans From Officers Directors$3,750--
Savings and Temporary Cash Investments$3,000$3,000→ $0
Total Assets$1,166,506$1,133,020▼ $33,486
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,250,000$1,250,000→ $0
Total Liabilities$1,253,750$1,250,000▼ $3,750
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-87,244$-116,980▼ $29,736
Total Net Assets Fund Balance$-87,244$-116,980▼ $29,736
Total Liabilities and Net Assets / Fund Balance$1,166,506$1,133,020▼ $33,486

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$810,749$60,500$871,249
Leasehold Improvements$128,450$7,709$136,159
Land$101,868-$101,868
Other Land Buildings$75,962$13,189$89,151
Equipment$617$4,225$4,842
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Angela J FordPresidentExecutive Director
Charles BowenDirector
John Moore IIIDirector
Wayne WatsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$128,699
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$150
All Other Contributions
$113,699
Change in Net Assets
$-29,736
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,585
Total Fundraising Expense$9,154
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$57,456$12,962$6,481$76,899
Depreciation Depletion$31,019--$31,019
Occupancy$10,900$10,900-$21,800
Information Technology$14,381--$14,381
Office Expenses$818$5,647$2,673$9,138
Travel$2,278--$2,278
Fees for Services Legal-$1,673-$1,673
Fees for Services Accounting-$1,362-$1,362
Advertising$35--$35
Total Functional Expenses$116,887$32,544$9,154$158,585
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$3,750--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“Governing body review will not be conducted. Review will be done by executive director only.”

Governing documents etc available to public Part VI line 19

“Documents will be available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
The Obsidian Collection Archives
EIN
81-4569527
Address
5417 S MICHIGAN AVE, Chicago, IL 60615-4606
Doing Business As
Obsidian Collection Archives

Signing Officer

Name
Angela Ford
Title
President
Phone
3126569154
Signed
2024-10-26
Discuss with paid preparer
No

Organization Details

Principal Officer
Angela J Ford
Formed
2017
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
2

Preparer

Firm
Practical Financial Solutions Inc
Address
1448 E 52nd Street Suite 450, Chicago, IL 60615
Preparer
Greg Teague EA
Phone
7733821700
Raw XML Appendix328 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Preserving the history of black press. Storing, restoration and enhancement of historical images. Maintaining social media platform to display imagery.
IRS990/AdvertisingGrp/ProgramServicesAmt035
IRS990/AdvertisingGrp/TotalAmt035
IRS990/AllOtherContributionsAmt0113699
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Angela J Ford
IRS990/BooksInCareOfDetail/PhoneNum03124470400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05417 S MICHIGAN AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0606154606
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt014841
IRS990/CashNonInterestBearingGrp/EOYAmt012374
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0128699
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0158585
IRS990/CYOtherRevenueAmt0150
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-29736
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0158585
IRS990/CYTotalFundraisingExpenseAmt09154
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0128849
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt031019
IRS990/DepreciationDepletionGrp/TotalAmt031019
IRS990/Desc0Creation/Renovation of The Obsidian Center website to guide and nuture African American journalists and The Obsidian Collection an archive of African American historical media images. Increased achival capacity and library of archived media igames from various sources. Engaged social media campaign to elevate reach of the collection to potential users. Rezoning and renovation of building to house the Obsidian Center.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0OBSIDIAN COLLECTION ARCHIVES
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0116887
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01362
IRS990/FeesForServicesAccountingGrp/TotalAmt01362
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01673
IRS990/FeesForServicesLegalGrp/TotalAmt01673
IRS990/FeesForServicesManagementGrp/FundraisingAmt06481
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt012962
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt057456
IRS990/FeesForServicesManagementGrp/TotalAmt076899
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt350.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0John Moore III
IRS990/Form990PartVIISectionAGrp/PersonNm1Wayne Watson
IRS990/Form990PartVIISectionAGrp/PersonNm2Charles Bowen
IRS990/Form990PartVIISectionAGrp/PersonNm3Angela J Ford
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3PresidentExecutive Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt015000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0128849
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt014381
IRS990/InformationTechnologyGrp/TotalAmt014381
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt085623
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01148665
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01117646
IRS990/LandBldgEquipCostOrOtherBssAmt01203269
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt03750
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Preserving the history of black press. Storing, restoration and enhancement of historical images. Maintaining social media platform to display imagery.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01250000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01250000
IRS990/NetAssetsOrFundBalancesBOYAmt0-87244
IRS990/NetAssetsOrFundBalancesEOYAmt0-116980
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-87244
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-116980
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt010900
IRS990/OccupancyGrp/ProgramServicesAmt010900
IRS990/OccupancyGrp/TotalAmt021800
IRS990/OfficeExpensesGrp/FundraisingAmt02673
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05647
IRS990/OfficeExpensesGrp/ProgramServicesAmt0818
IRS990/OfficeExpensesGrp/TotalAmt09138
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Angela J Ford
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0331969
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012468
IRS990/PYOtherExpensesAmt0423564
IRS990/PYOtherRevenueAmt0-12172
IRS990/PYRevenuesLessExpensesAmt0-91299
IRS990/PYTotalExpensesAmt0423564
IRS990/PYTotalRevenueAmt0332265
IRS990/ReconcilationRevenueExpnssAmt0-29736
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt0150
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0150
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0128699
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0331969
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0190334
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0122727
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0201361
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0975090
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt016
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0150
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt012468
IRS990ScheduleA/OtherIncome509Grp/TotalAmt012618
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98720
IRS990ScheduleA/PublicSupportPY509Pct00.98720
IRS990ScheduleA/PublicSupportTotal509Amt0975090
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0128699
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0331969
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0190334
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0122727
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0201361
IRS990ScheduleA/Total509Grp/TotalAmt0975090
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0128849
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0344437
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0190334
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0122727
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0201377
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0987724
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0810749
IRS990ScheduleD/BuildingsGrp/DepreciationAmt060500
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0871249
IRS990ScheduleD/EquipmentGrp/BookValueAmt0617
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04225
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04842
IRS990ScheduleD/LandGrp/BookValueAmt0101868
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0101868
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0128450
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07709
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0136159
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt075962
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013189
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt089151
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01117646
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Governing body review will not be conducted. Review will be done by executive director only.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Documents will be available to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01166506
IRS990/TotalAssetsEOYAmt01133020
IRS990/TotalAssetsGrp/BOYAmt01166506
IRS990/TotalAssetsGrp/EOYAmt01133020
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0128699
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09154
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032544
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0116887
IRS990/TotalFunctionalExpensesGrp/TotalAmt0158585
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01253750
IRS990/TotalLiabilitiesEOYAmt01250000
IRS990/TotalLiabilitiesGrp/BOYAmt01253750
IRS990/TotalLiabilitiesGrp/EOYAmt01250000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-87244
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-116980
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0116887
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0150
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0128849
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01166506
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01133020
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt02278
IRS990/TravelGrp/TotalAmt02278
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Angela Ford
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03126569154
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE OBSIDIAN COLLECTION ARCHIVES
ReturnHeader/Filer/BusinessNameControlTxt0OBSI
ReturnHeader/Filer/EIN0814569527
ReturnHeader/Filer/USAddress/AddressLine1Txt05417 S MICHIGAN AVE
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0606154606
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461083350
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Practical Financial Solutions Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01448 E 52nd Street Suite 450
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060615
ReturnHeader/PreparerPersonGrp/PhoneNum07733821700
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Greg Teague EA
ReturnHeader/ReturnTs02024-10-29T04:49:12-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,133,020
Liabilities
$1,250,000
Net assets
-$116,980
Revenue
$128,849
Expenses
$158,585
Net income
-$29,736
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$1.25$0.15$0.12$0.15$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.13$1.25$0.12$0.13$0.16$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.17$1.26$0.09$0.33$0.42$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.31$0.06$1.25$0.19$0.29$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.12$0.13$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.20$0.06$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.20$0.17$0.02