Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Next Level Northwest
990EZ • Fiscal year 2020 • EIN 82-1754903
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
87th percentile
Higher net margin than 87% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
79th percentile
Faster asset growth than 79% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Balance Sheet
Assets
Up$151,325
Up $48,193 (+47%) from 2019
Net Assets
Up$151,325
Up $63,193 (+72%) from 2019
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$137,534
Up $45,029 (+49%) from 2019
Expenses
Up$74,341
Up $6,635 (+9.8%) from 2019
Net Income
Up$63,193
Up $38,394 (+155%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Feb 15, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $137,534
Mission and Program Overview
Mission
Next Level Northwest is a not-for-profit business accelerator program providing free coaching to help qualified businesses in the Northwest Chicagoland region.
EDUCATION
Program Services
| Description | Grants | Expenses |
|---|---|---|
| NEXT LEVEL NORTHWEST IS A CHARITABLE, EDUCATIONAL ORGANIZATION WITH THE SPECIFIC INTENT OF HELPING THE LEADERS AND OWNERS OF EXISTING STAGE 2 BUSINESSES, I.E., THOSE WITHIN THE GROWTH STAGE THAT HAVE NOT YET MATURED AND CONTINUE TO DEMONSTRATE OPERATIONAL AND DESIGN INEFFICIENCIES, THROUGH A COMPETITIVE BUSINESS ACCELERATOR ENGAGEMENT PROCESS AS WELL AS EDUCATIONAL PROGRAMS AND EVENTS DIRECTED TOWARD ONGOING DEVELOPMENT OF GRADUATE COMPANIES. | - | $64,898 |
| NEXT LEVEL NORTHWEST IS A CHARITABLE, EDUCATIONAL ORGANIZATION WITH THE SPECIFIC INTENT OF HELPING THE LEADERS AND OWNERS OF EXISTING STAGE 2 BUSINESSES, I.E., THOSE WITHIN THE GROWTH STAGE THAT HAVE NOT YET MATURED AND CONTINUE TO DEMONSTRATE OPERATIONAL AND DESIGN INEFFICIENCIES, THROUGH A COMPETITIVE BUSINESS ACCELERATOR ENGAGEMENT PROCESS AS WELL AS EDUCATIONAL PROGRAMS AND EVENTS DIRECTED TOWARD ONGOING DEVELOPMENT OF GRADUATE COMPANIES. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ERIC PALM | Director | - | $0 | - | - |
| RAY RUMMEL | President | - | $0 | - | - |
| PAULA HEWSON | Vice Preside | - | $0 | - | - |
| BARRY KRUMSTOK | Treasurer | - | $0 | - | - |
| JULIANNA MAILLER | Secretary | - | $0 | - | - |
| CHRIS NELSON | Director | - | $0 | - | - |
| TERESA FAIDLEY | Director | - | $0 | - | - |
| JOSH GRODZIN | Interim Exec | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Next Level Northwest
- EIN
- 82-1754903
- Phone
- 8473456401
- Address
- 1255 GANNON DRIVE BOX 957873, HOFFMAN ESTATES, IL 60195-7873
Signing Officer
- Name
- Ray Rummel
- Title
- President
- Phone
- 8473456401
- Signed
- 2021-02-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Leif Jensen and Associaties Ltd
- Address
- 1881 COMMERCE DR STE 105, ELK GROVE VILLAGE, IL 60007-2134
- Preparer
- Leif Jensen
- Phone
- 8476909454
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising 29,369 insurance 2,963 il business registration 15 total 32,347”
Form 990-ez, Part II, Line 26
“Deferred revenue 15,000 0”
Form 990-ez, Part III, Line 28
“Next level northwest is a charitable, educational organization with the specific intent of helping the leaders and owners of existing stage 2 businesses, i.e., those within the growth stage that have not yet matured and continue to demonstrate operational and design inefficiencies, through a competitive business accelerator engagement process as well as educational programs and events directed toward ongoing development of graduate companies.”
Form 990-ez, Part III, Line 31
“Next level northwest is a charitable, educational organization with the specific intent of helping the leaders and owners of existing stage 2 businesses, i.e., those within the growth stage that have not yet matured and continue to demonstrate operational and design inefficiencies, through a competitive business accelerator engagement process as well as educational programs and events directed toward ongoing development of graduate companies.”
Raw XML Appendix152 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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | ERIC PALM |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | RAY RUMMEL |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | PAULA HEWSON |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | BARRY KRUMSTOK |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 4 | JULIANNA MAILLER |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 5 | CHRIS NELSON |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 6 | TERESA FAIDLEY |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 7 | JOSH GRODZIN |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JOSH GRODZIN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8473456401 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 901 W WELLINGTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ELK GROVE VILLAGE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60007 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 103132 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 151325 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 67534 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 63193 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 41740 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 103132 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 151325 |
| IRS990EZ/GrossReceiptsAmt | 0 | 137534 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 88132 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 151325 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 88132 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 151325 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ERIC PALM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RAY RUMMEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PAULA HEWSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | BARRY KRUMSTOK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JULIANNA MAILLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | CHRIS NELSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | TERESA FAIDLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | JOSH GRODZIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | INTERIM EXEC |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 32347 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATION |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 254 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 70000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | NEXT LEVEL NORTHWEST IS A CHARITABLE, EDUCATIONAL ORGANIZATION WITH THE SPECIFIC INTENT OF HELPING THE LEADERS AND OWNERS OF EXISTING STAGE 2 BUSINESSES, I.E., THOSE WITHIN THE GROWTH STAGE THAT HAVE NOT YET MATURED AND CONTINUE TO DEMONSTRATE OPERATIONAL AND DESIGN INEFFICIENCIES, THROUGH A COMPETITIVE BUSINESS ACCELERATOR ENGAGEMENT PROCESS AS WELL AS EDUCATIONAL PROGRAMS AND EVENTS DIRECTED TOWARD ONGOING DEVELOPMENT OF GRADUATE COMPANIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | NEXT LEVEL NORTHWEST IS A CHARITABLE, EDUCATIONAL ORGANIZATION WITH THE SPECIFIC INTENT OF HELPING THE LEADERS AND OWNERS OF EXISTING STAGE 2 BUSINESSES, I.E., THOSE WITHIN THE GROWTH STAGE THAT HAVE NOT YET MATURED AND CONTINUE TO DEMONSTRATE OPERATIONAL AND DESIGN INEFFICIENCIES, THROUGH A COMPETITIVE BUSINESS ACCELERATOR ENGAGEMENT PROCESS AS WELL AS EDUCATIONAL PROGRAMS AND EVENTS DIRECTED TOWARD ONGOING DEVELOPMENT OF GRADUATE COMPANIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 64898 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 15000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 74341 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 64898 |
| IRS990EZ/TotalRevenueAmt | 0 | 137534 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.NEXTLEVELNORTHWEST.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 67534 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 32500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 100034 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 130005 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 100034 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 67534 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 32500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 100034 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 100034 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 29,369 INSURANCE 2,963 IL BUSINESS REGISTRATION 15 TOTAL 32,347 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DEFERRED REVENUE 15,000 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NEXT LEVEL NORTHWEST IS A CHARITABLE, EDUCATIONAL ORGANIZATION WITH THE SPECIFIC INTENT OF HELPING THE LEADERS AND OWNERS OF EXISTING STAGE 2 BUSINESSES, I.E., THOSE WITHIN THE GROWTH STAGE THAT HAVE NOT YET MATURED AND CONTINUE TO DEMONSTRATE OPERATIONAL AND DESIGN INEFFICIENCIES, THROUGH A COMPETITIVE BUSINESS ACCELERATOR ENGAGEMENT PROCESS AS WELL AS EDUCATIONAL PROGRAMS AND EVENTS DIRECTED TOWARD ONGOING DEVELOPMENT OF GRADUATE COMPANIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NEXT LEVEL NORTHWEST IS A CHARITABLE, EDUCATIONAL ORGANIZATION WITH THE SPECIFIC INTENT OF HELPING THE LEADERS AND OWNERS OF EXISTING STAGE 2 BUSINESSES, I.E., THOSE WITHIN THE GROWTH STAGE THAT HAVE NOT YET MATURED AND CONTINUE TO DEMONSTRATE OPERATIONAL AND DESIGN INEFFICIENCIES, THROUGH A COMPETITIVE BUSINESS ACCELERATOR ENGAGEMENT PROCESS AS WELL AS EDUCATIONAL PROGRAMS AND EVENTS DIRECTED TOWARD ONGOING DEVELOPMENT OF GRADUATE COMPANIES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RAY RUMMEL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8473456401 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-02-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEXT LEVEL NORTHWEST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEXT |
| ReturnHeader/Filer/EIN | 0 | 821754903 |
| ReturnHeader/Filer/PhoneNum | 0 | 8473456401 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1255 GANNON DRIVE BOX 957873 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HOFFMAN ESTATES |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 601957873 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 261486463 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LEIF JENSEN AND ASSOCIATIES LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1881 COMMERCE DR STE 105 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ELK GROVE VILLAGE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 600072134 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8476909454 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-02-26 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LEIF JENSEN |
| ReturnHeader/ReturnTs | 0 | 2021-02-26T10:02:57-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | RAY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | RUMMEL |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $151,325
- Liabilities
- -
- Net assets
- $151,325
- Revenue
- $137,534
- Expenses
- $74,341
- Net income
- $63,193