Civic Intelligence

Xpx Chicago Inc

990EZ • Fiscal year 2019 • EIN 81-4960178

Oct 01, 2018 to Sep 30, 2019 • Filed on Jan 13, 2020

6611 W North AveOak Park, IL 60302

(708) 386-1433

Siviq Scores

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

Liabilities / Assets

90th percentile

0.41x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

0.30x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

76th percentile

15%

Higher net margin than 76% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

79th percentile

23%

Faster asset growth than 79% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

71st percentile

12%

Faster revenue growth than 71% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

$32,174

No earlier filing loaded for comparison.

Net Assets

$18,908

No earlier filing loaded for comparison.

Liabilities

$13,266

No earlier filing loaded for comparison.

Revenue

$44,502

No earlier filing loaded for comparison.

Expenses

$37,961

No earlier filing loaded for comparison.

Net Income

$6,541

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2019: $32,174Liabilities 2019: $13,266Net Assets 2019: $18,9082019Assets 2020: $28,330Liabilities 2020: $599Net Assets 2020: $27,7312020Assets 2021: $37,760Liabilities 2021: $0Net Assets 2021: $37,7602021Assets 2022: $55,304Liabilities 2022: $9,155Net Assets 2022: $46,1492022Assets 2025: $74,590Liabilities 2025: $9,939Net Assets 2025: $64,6512025

Highlighted filing

2019

Assets$32,174
Liabilities$13,266
Net Assets$18,908

Operations Trend

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

$60K$40K$20K$0Revenue 2019: $44,502Expenses 2019: $37,961Net Income 2019: $6,5412019Revenue 2020: $23,872Expenses 2020: $15,049Net Income 2020: $8,8232020Revenue 2021: $23,907Expenses 2021: $13,878Net Income 2021: $10,0292021Revenue 2022: $28,757Expenses 2022: $20,368Net Income 2022: $8,3892022Revenue 2025: $45,569Expenses 2025: $38,809Net Income 2025: $6,7602025

Highlighted filing

2019

Revenue$44,502
Expenses$37,961
Net Income$6,541
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jan 13, 2020
Return Version
2018v3.1
Gross Receipts
$44,502
Mission and Program Overview

Mission

A professional organization that provides interdisciplinary education and networking opportunities for advisors, consultants, educators, and researchers who are focused on preparing business owners for the successful exit of their businesses.

Program Services

DescriptionGrantsExpenses
PROVIDE A VARIETY OF SOCIAL AND MONTHLY NETWORKING PROGRAMS DESIGNED TO INCREASE PARTICIPATORY INVOLVEMENT AND ABILITY TO SHARE EXPERTISE AROUND GROWTH AND EXIT ISSUES.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NERMIN AVDICBoard Member-$0--
ROBERT GREISMANBoard Member-$0--
PETER HOLTONBoard Member-$0--
MICHAEL KARMINBoard Member-$0--
ALLEN KUTCHINSBoard Member-$0--
CHRIS MANICKBoard Member-$0--
MARKUS MAYBoard Member-$0--
RAY PALYSPresident-$0--
JAMES ROBBSTreasurer-$0--
JIM VAN HAMBoard Member-$0--
JOHN WEBERBoard Member-$0--
LAURA YUNGERBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Xpx Chicago Inc
EIN
81-4960178
Phone
7083861433
Address
6611 W NORTH AVE, OAK PARK, IL 60302

Signing Officer

Name
James E Robbs
Title
Treasurer
Phone
7083861433
Signed
2020-01-13
Discuss with paid preparer
Yes

Preparer

Firm
Sassetti LLC
Address
6611 NORTH AVENUE, OAK PARK, IL 60302
Preparer
Jeff Schroeder
Phone
7083861433
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: management fees-xpx global, llc. Amount: 16,084. Description: program expenses. Amount: 19,844. Description: insurance. Amount: 505. Description: board meetings. Amount: 1,528. Total to form 990-ez, line 16: 37,961.

Form 990-ez, Part II, Line 24 - Other Assets

Description: due from xpx global, llc. Beg. Of year amount: 6,033. End of year amount: 1,565. Description: deposits. Beg. Of year amount: 200. End of year amount: 200. Description: prepaid expenses. Beg. Of year amount: 132. End of year amount: 234. Description: member receivable. Beg. Of year amount: 1,250. End of year amount: 0. Description: due from others. Beg. Of year amount: 0. End of year amount: 1,684.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: deferred revenue. Beg. Of year amount: 376. End of year amount: 651. Description: due to xpx global, llc. Beg. Of year amount: 6,987. End of year amount: 4,069. Description: a/p - other. Beg. Of year amount: 5,116. End of year amount: 0. Description: credit card - visa. Beg. Of year amount: 1,344. End of year amount: 8,546.

Raw XML Appendix168 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.

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IRS990EZ/PrimaryExemptPurposeTxt0A PROFESSIONAL ORGANIZATION THAT PROVIDES INTERDISCIPLINARY EDUCATION AND NETWORKING OPPORTUNITIES FOR ADVISORS, CONSULTANTS, EDUCATORS, AND RESEARCHERS WHO ARE FOCUSED ON PREPARING BUSINESS OWNERS FOR THE SUCCESSFUL EXIT OF THEIR BUSINESSES.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE A VARIETY OF SOCIAL AND MONTHLY NETWORKING PROGRAMS DESIGNED TO INCREASE PARTICIPATORY INVOLVEMENT AND ABILITY TO SHARE EXPERTISE AROUND GROWTH AND EXIT ISSUES.
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://EXITPLANNINGEXCHANGE.COM/CHICAGO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MANAGEMENT FEES-XPX GLOBAL, LLC. AMOUNT: 16,084. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 19,844. DESCRIPTION: INSURANCE. AMOUNT: 505. DESCRIPTION: BOARD MEETINGS. AMOUNT: 1,528. TOTAL TO FORM 990-EZ, LINE 16: 37,961.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUE FROM XPX GLOBAL, LLC. BEG. OF YEAR AMOUNT: 6,033. END OF YEAR AMOUNT: 1,565. DESCRIPTION: DEPOSITS. BEG. OF YEAR AMOUNT: 200. END OF YEAR AMOUNT: 200. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 132. END OF YEAR AMOUNT: 234. DESCRIPTION: MEMBER RECEIVABLE. BEG. OF YEAR AMOUNT: 1,250. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE FROM OTHERS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,684.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 376. END OF YEAR AMOUNT: 651. DESCRIPTION: DUE TO XPX GLOBAL, LLC. BEG. OF YEAR AMOUNT: 6,987. END OF YEAR AMOUNT: 4,069. DESCRIPTION: A/P - OTHER. BEG. OF YEAR AMOUNT: 5,116. END OF YEAR AMOUNT: 0. DESCRIPTION: CREDIT CARD - VISA. BEG. OF YEAR AMOUNT: 1,344. END OF YEAR AMOUNT: 8,546.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES E ROBBS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07083861433
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0XPX CHICAGO INC
ReturnHeader/Filer/BusinessNameControlTxt0XPXC
ReturnHeader/Filer/EIN0814960178
ReturnHeader/Filer/PhoneNum07083861433
ReturnHeader/Filer/USAddress/AddressLine1Txt06611 W NORTH AVE
ReturnHeader/Filer/USAddress/CityNm0OAK PARK
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.15.34.189
ReturnHeader/FilingSecurityInformation/IPDt02020-01-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:31:34
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362239746
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SASSETTI LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06611 NORTH AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAK PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060302
ReturnHeader/PreparerPersonGrp/PhoneNum07083861433
ReturnHeader/PreparerPersonGrp/PreparationDt02020-01-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFF SCHROEDER
ReturnHeader/ReturnTs02020-01-13T09:31:38-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

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