Civic Intelligence

Salt and Light Coalition Nfp

990 • Fiscal year 2020 • EIN 81-4602703

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

222 W Hubbard St No 300Chicago, IL 60654

(312) 685-2498

Siviq Scores

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

Liabilities / Assets

37th percentile

0.01x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

35th percentile

0.01x

Higher debt load relative to revenue than 35% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

84th percentile

37%

Higher net margin than 84% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

83rd percentile

52%

Faster asset growth than 83% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

56th percentile

2.6%

Faster revenue growth than 56% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$526,853

Up $180,425 (+52%) from 2019

Net Assets

Up

$522,671

Up $179,900 (+52%) from 2019

Liabilities

Up

$4,182

Up $525 (+14%) from 2019

Revenue

Up

$481,089

Up $12,235 (+2.6%) from 2019

Expenses

Up

$301,189

Up $102,300 (+51%) from 2019

Net Income

Down

$179,900

Down $90,065 (-33%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2018: $72,804Liabilities 2018: $0Net Assets 2018: $72,8042018Assets 2019: $346,428Liabilities 2019: $3,657Net Assets 2019: $342,7712019Assets 2020: $526,853Liabilities 2020: $4,182Net Assets 2020: $522,6712020Assets 2021: $5,826,250Liabilities 2021: $8,010Net Assets 2021: $5,818,2402021Assets 2022: $6,154,902Liabilities 2022: $5,678Net Assets 2022: $6,149,2242022Assets 2023: $6,343,077Liabilities 2023: $21,706Net Assets 2023: $6,321,3712023Assets 2024: $6,459,683Liabilities 2024: $17,707Net Assets 2024: $6,441,9762024

Highlighted filing

2020

Assets$526,853
Liabilities$4,182
Net Assets$522,671

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2018: $145,317Expenses 2018: $99,756Net Income 2018: $45,5612018Revenue 2019: $468,854Expenses 2019: $198,889Net Income 2019: $269,9652019Revenue 2020: $481,089Expenses 2020: $301,189Net Income 2020: $179,9002020Revenue 2021: $5,670,389Expenses 2021: $374,820Net Income 2021: $5,295,5692021Revenue 2022: $728,083Expenses 2022: $397,099Net Income 2022: $330,9842022Revenue 2023: $580,819Expenses 2023: $408,672Net Income 2023: $172,1472023Revenue 2024: $898,321Expenses 2024: $777,716Net Income 2024: $120,6052024

Highlighted filing

2020

Revenue$481,089
Expenses$301,189
Net Income$179,900
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$518,219
Mission and Program Overview

Mission

Salt & light coalition is a grassroots movement that mobilizes individuals and organizations to empower trafficking survivors to heal and thrive through workforce development. With 25,000 women and girls falling prey to trafficking every year in chicago alone, we help young women that have fallen prey to sexual exploitation to reclaim their bodies, regain their confidence, and find their passion. We accomplish this great work though our volunteer-driven, yearlong program that focuses on healing and equipping women to get jobs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$312,109$498,483▲ $186,374
Land, Buildings, and Equipment, Net$27,419$22,010▼ $5,409
Intangible Assets$6,900$6,360▼ $540
Total Assets$346,428$526,853▲ $180,425
Liabilities
Other Liabilities$3,657$2,350▼ $1,307
Unsecured Notes Loans Payable$0$1,832▲ $1,832
Total Liabilities$3,657$4,182▲ $525
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$342,771$522,671▲ $179,900
Total Net Assets Fund Balance$342,771$522,671▲ $179,900
Total Liabilities and Net Assets / Fund Balance$346,428$526,853▲ $180,425

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,517$2,029$11,546
Leasehold Improvements$8,280$2,760$11,040
Equipment$4,213$3,727$7,940
Compensation and Service Providers

Board Members and Trustees

NameTitle
Izabel OlsonCEO and President
Donna BarnholtSecretary
Karen HickmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$465,886
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$15,203
All Other Contributions
$202,369
Change in Net Assets
$179,900

Audited Revenue Reconciliation

Revenue per Audited Statements
$481,089
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$481,089
Total Revenue per Form 990
$481,089
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$130,373
Grants and Similar Amounts Paid$86,222
Other Expenses$84,594
Total Fundraising Expense$43,852
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$56,874$36,913$29,137$122,924
Grants to Domestic Individuals$64,642--$64,642
Grants to Domestic Orgs$21,580--$21,580
Fees for Services Accounting-$16,200-$16,200
Occupancy$12,128$3,355-$15,483
Advertising$100$3,044$9,626$12,770
Fees for Services Legal-$7,973-$7,973
Payroll Taxes$4,054$2,640$755$7,449
Depreciation Depletion$5,315$636-$5,951
Office Expenses$3,349$2,078-$5,427
Conferences and Meetings$553$3,538-$4,091
All Other Expenses$924$2,789$84$3,797
Insurance-$3,450-$3,450
Other Expenses$1,700$328$1,500$2,028
Fees for Services Other-$1,074$55$1,129
Travel-$66-$66
Total Functional Expenses$171,945$85,392$43,852$301,189

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$301,189
Total Expenses per Audited Statements$301,189
Total Expenses per Form 990$301,189
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Empower InternationalLancaster, PA501(c)(3)Grant$20,280
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$52,333
Fundraising Direct Expenses$37,130
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Virtual Gala$294,380$44,831$6,598$38,233
Virtual 5k$7,502$7,502$4,514$2,988
Total Events$301,882$52,333$37,130$15,203
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$2,350
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
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

Form 990 is reviewed and approved by the organization's directors.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are available upon request for the same period of disclosure as set forth in irc section 6104(d).

Filing and Contact Details

Filer

Filer Name
Salt and Light Coalition Nfp
EIN
81-4602703
Phone
3126852498
Address
222 W HUBBARD ST NO 300, CHICAGO, IL 60654

Signing Officer

Name
Izabel Olson
Title
President
Phone
3126852498
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Izabel Olson
Formed
2016
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
100

Preparer

Firm
Rsm US Llp
Address
30 S WACKER DRIVE STE 3300, CHICAGO, IL 60606
Preparer
Rebekuh Eley
Phone
3126343400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

MODIFIED CASH BASIS

Financial Statement Notes

PART X, LINE 2:

The organization had no uncertain income tax position that qualify for recognition or disclosure in the financial statements. The organization files form 990, return of organization exempt from income tax. Income tax years still open and available for examination by the irs are 2017, 2018, and 2019. The tax return for 2020 has not yet been filed. There are currently no audits in process.

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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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IRS990/ActivityOrMissionDesc0SALT & LIGHT COALITION IS A GRASSROOTS MOVEMENT THAT MOBILIZES INDIVIDUALS AND ORGANIZATIONS TO EMPOWER TRAFFICKING SURVIVORS TO HEAL AND THRIVE THROUGH WORKFORCE DEVELOPMENT. WITH 25,000 WOMEN AND GIRLS FALLING PREY TO TRAFFICKING EVERY YEAR IN CHICAGO ALONE, WE HELP YOUNG WOMEN THAT HAVE FALLEN PREY TO SEXUAL EXPLOITATION TO RECLAIM THEIR BODIES, REGAIN THEIR CONFIDENCE, AND FIND THEIR PASSION. WE ACCOMPLISH THIS GREAT WORK THOUGH OUR VOLUNTEER-DRIVEN, YEARLONG PROGRAM THAT FOCUSES ON HEALING AND EQUIPPING WOMEN TO GET JOBS.
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04213
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03727
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07940
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0301189
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08280
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02760
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011040
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09517
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02029
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011546
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0481089
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAD NO UNCERTAIN INCOME TAX POSITION THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. INCOME TAX YEARS STILL OPEN AND AVAILABLE FOR EXAMINATION BY THE IRS ARE 2017, 2018, AND 2019. THE TAX RETURN FOR 2020 HAS NOT YET BEEN FILED. THERE ARE CURRENTLY NO AUDITS IN PROCESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0301189
IRS990ScheduleD/TotalLiabilityAmt02350
IRS990ScheduleD/TotalRevenuePerForm990Amt0481089
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0481089
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0301189
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0249549
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0249549
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt037130
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt02650
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt02650
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0VIRTUAL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0VIRTUAL 5K
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt04310
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt04310
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0294380
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt07502
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0301882
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt044831
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt07502
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt052333
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015203
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt018812
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt018812
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011112
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06598
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04514
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0246
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0246
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt064642
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STIPENDS FOR EDUCATION AND EMERGERCY GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt042
IRS990ScheduleI/RecipientTable/CashGrantAmt020280
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GRANT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0EMPOWER INTERNATIONAL
IRS990ScheduleI/RecipientTable/RecipientEIN0843863158
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0452 GARLAND CIR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LANCASTER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0176021149
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0WE PROVIDED THREE EDUCATION GRANTS AND ON RARE OCCASION EMERGENCY GRANTS. FOR THE EDUCATION GRANTS, WE PAY INVOICES DIRECTLY TO THE SCHOOL, OR WE ORDER IRS APPROVED EDUCATIONAL MATERIALS AND HAVE THEM DELIVERED TO THE RECIPIENTS. FOR THE EMERGENCY GRANTS, WE PAID THE LANDLORD DIRECTLY, THEREFORE ALLOWING US TO ENSURE THE FUNDS WERE SENT TO THE APPROPRIATE PARTY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATION'S DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MODIFIED CASH BASIS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 1:
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt0526853
IRS990/TotalAssetsGrp/BOYAmt0346428
IRS990/TotalAssetsGrp/EOYAmt0526853
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0465886
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt043852
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt085392
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0171945
IRS990/TotalFunctionalExpensesGrp/TotalAmt0301189
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03657
IRS990/TotalLiabilitiesEOYAmt04182
IRS990/TotalLiabilitiesGrp/BOYAmt03657
IRS990/TotalLiabilitiesGrp/EOYAmt04182
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0342771
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0522671
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0171945
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt015203
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0481089
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0346428
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0526853
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt066
IRS990/TravelGrp/TotalAmt066
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01832
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0222 W HUBBARD ST NO 300
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060654
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.SALTANDLIGHTCOALITION.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0IZABEL OLSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03126852498

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