Civic Intelligence

Enrich Chicago

990 • Fiscal year 2019 • EIN 82-2005472

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 21, 2020

208 South LaSalle StreetChicago, IL 60604

(312) 327-8946

Siviq Scores

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

Liabilities / Assets

41st percentile

0.01x

Higher debt load relative to assets than 41% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

46th percentile

0.02x

Higher debt load relative to revenue than 46% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

85th percentile

$91,923

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 30.1% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

21st percentile

-6.6%

Faster asset growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

4th percentile

-59%

Faster revenue growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$536,540

Down $37,836 (-6.6%) from 2018

Net Assets

Down

$530,283

Down $34,437 (-6.1%) from 2018

Liabilities

Down

$6,257

Down $3,399 (-35%) from 2018

Revenue

Down

$305,065

Down $444,334 (-59%) from 2018

Expenses

Up

$339,502

Up $154,823 (+84%) from 2018

Net Income

Down

-$34,437

Down $599,157 (-106%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2018: $574,376Liabilities 2018: $9,656Net Assets 2018: $564,7202018Assets 2019: $536,540Liabilities 2019: $6,257Net Assets 2019: $530,2832019Assets 2020: $813,446Liabilities 2020: $26,792Net Assets 2020: $786,6542020Assets 2021: $979,076Liabilities 2021: $75,899Net Assets 2021: $903,1772021Assets 2022: $774,234Liabilities 2022: $38,620Net Assets 2022: $735,6142022Assets 2023: $544,966Liabilities 2023: $52,442Net Assets 2023: $492,5242023Assets 2024: $436,761Liabilities 2024: $55,555Net Assets 2024: $381,2062024

Highlighted filing

2019

Assets$536,540
Liabilities$6,257
Net Assets$530,283

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $749,399Expenses 2018: $184,679Net Income 2018: $564,7202018Revenue 2019: $305,065Expenses 2019: $339,502Net Income 2019: -$34,4372019Revenue 2020: $602,563Expenses 2020: $346,192Net Income 2020: $256,3712020Revenue 2021: $753,690Expenses 2021: $637,167Net Income 2021: $116,5232021Revenue 2022: $499,869Expenses 2022: $696,872Net Income 2022: -$197,0032022Revenue 2023: $441,203Expenses 2023: $684,293Net Income 2023: -$243,0902023Revenue 2024: $489,079Expenses 2024: $600,397Net Income 2024: -$111,3182024

Highlighted filing

2019

Revenue$305,065
Expenses$339,502
Net Income-$34,437
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 21, 2020
Return Version
2018v3.0
Gross Receipts
$305,065
Mission and Program Overview

Mission

Enrich Chicago ("Organization") is a Chicago-area nonprofit comprised of philanthropic organizations ("Enrichers") that are committed to anti-racist organizing within the arts. As a group, the Organization digs deeper within its membership organizations, and the greater community to uncover the systemic racism that hobbles the field of public culture in America. Through bi-monthly partner meetings, affinity space gathering, providing Undoing Racism workshops for community leaders, and other programming, the Organization goes beyond typical diversity and cultural sensitivity models to truly address the need for equity within the arts. Enrichers continue to dedicate extensive amounts of time and financial resources to develop a collective vision and plan to address the issues and dismantle current racist structures to create new systems of collaboration and equitable arts spaces.

Enrich Chicago ("Organization") is a Chicago-area nonprofit comprised of philanthropic organizations ("Enrichers") that are committed to anti-racist organizing within the arts. As a group, the Organization digs deeper within its membership organizations, and the greater community to uncover the systemic racism that hobbles the field of public culture in America. Through bi-monthly partner meetings, affinity space gathering, providing Undoing Racism workshops for community leaders, and other programming, the Organization goes beyond typical diversity and cultural sensitivity models to truly address the need for equity within the arts. Enrichers continue to dedicated extensive amounts of time and financial resources to develop a collective vision and plan to address the issues and dismantle current racist structures to create new systems of collaboration and equitable arts spaces.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$270,710$277,240▲ $6,530
Pledges and Grants Receivable$283,500$256,300▼ $27,200
Cash and Non-Interest-Bearing Accounts$20,166$0▼ $20,166
Accounts Receivable$0$3,000▲ $3,000
Other Notes and Loans Receivable, Net$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Intangible Assets$0--
Inventories for Sale or Use$0--
Loans From Officers Directors$0--
Prepaid Expenses and Deferred Charges$0--
Total Assets$574,376$536,540▼ $37,836
Other Assets Total$0--
Liabilities
Accounts Payable and Accrued Expenses$9,656$6,257▼ $3,399
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Other Liabilities$0$0→ $0
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$9,656$6,257▼ $3,399
Net Assets / Fund Balance
Unrestricted Net Assets$281,220$282,283▲ $1,063
Temporarily Rstr Net Assets$283,500$248,000▼ $35,500
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$564,720$530,283▼ $34,437
Total Liabilities and Net Assets / Fund Balance$574,376$536,540▼ $37,836
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nina SanchezExecutive DirectorFT$91,923$91,923

Board Members and Trustees

NameTitle
Angelique PowerCo-Chair
Bau GravesCo-Chair
Barbara EngelkirschenDirector
Brad WhiteDirector
Cate FoxDirector
Jenneatte TremblayDirector
Sadia NawabDirector
Vershawn WardDirector
Carlos HernandezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$229,600
Program Service Revenue
$75,315
Investment Income
$150
Other Revenue
$0
All Other Contributions
$219,600
Change in Net Assets
$-34,437

Audited Revenue Reconciliation

Revenue per Audited Statements
$305,065
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$305,065
Total Revenue per Form 990
$305,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$194,314
Salaries, Compensation, and Employee Benefits$145,188
Total Fundraising Expense$7,690
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$82,731$4,596$4,596$91,923
Fees for Services Management$60,195$23,103$0$83,298
Other Salaries and Wages$38,717$0$0$38,717
Payroll Taxes$10,178$352$352$10,882
Office Expenses$10,113$700$0$10,813
Other Expenses$7,770$0$0$7,770
Advertising$4,795$0$2,634$7,429
Conferences and Meetings$4,997$0$0$4,997
Other Employee Benefits$3,450$108$108$3,666
Insurance$0$2,775$0$2,775
Total Functional Expenses$300,178$31,634$7,690$339,502

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$339,502
Total Expenses per Audited Statements$339,502
Total Expenses per Form 990$339,502
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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$0--
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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 A, Line 6

Enrich Chicago currently exists as a cohort of arts and philanthropic organizations that are committed to anti-racist organizing within the arts.

Form 990, Part VI, Section B, Line 11B

A draft of the IRS form 990 is provided to the Board of Directors for review. Prior to finanization, any changes that are determined are incorporated into the return prior to issuing the final 990.

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

The conflict of interest policy is reviewed regularly by the Board of Directors. Annual conflict of interest statements are signed by each Board member.

Form 990, Part VI, Section B, Line 15

Executive director compensation is reviewed by the Board of Directors using comparable salary data for organizations of similar size and mission.

Form 990, Part VI, Section C, Line 19

Governing and organizing documents, the conflict of interest policy, audited financial statements and the IRS form 990 is made available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Enrich Chicago
EIN
82-2005472
Phone
3123278946
Address
208 South LaSalle Street, Chicago, IL 60604

Signing Officer

Name
Nina Sanchez
Title
Executive Director
Phone
7733196089
Signed
2020-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nina Sanchez
Formed
2017
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
9

Preparer

Firm
Icl LLC
Address
55 East Monroe, Suite 5500, Chicago, IL 60603
Preparer
James Hill
Phone
8003071008
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

The Organization is a tax-exempt organization under Section 501(c) (3) of the Internal Revenue Code. The Organization follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Organization may recognize the tax benefits from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Organization and various positions related to potential sources of unrelated business taxable income. There were no unrecognized tax benefits identified or recorded as liabilities for the reporting period presented in the financial statements. As of and for the year ended June 30, 2019, management has determined that there are no uncertain tax positions. The Organization files Form 990 in the U.S. federal jurisdiction and the State of Illinois

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IRS990/ActivityOrMissionDesc0Enrich Chicago ("Organization") is a Chicago-area nonprofit comprised of philanthropic organizations ("Enrichers") that are committed to anti-racist organizing within the arts. As a group, the Organization digs deeper within its membership organizations, and the greater community to uncover the systemic racism that hobbles the field of public culture in America. Through bi-monthly partner meetings, affinity space gathering, providing Undoing Racism workshops for community leaders, and other programming, the Organization goes beyond typical diversity and cultural sensitivity models to truly address the need for equity within the arts. Enrichers continue to dedicated extensive amounts of time and financial resources to develop a collective vision and plan to address the issues and dismantle current racist structures to create new systems of collaboration and equitable arts spaces.
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IRS990/Desc0Enrich Chicago sponsors quarterly anti-racism workshops with leading national training organizations for arts leaders throughout Chicago. These intensive workshops provide participants with a framework for understanding systemic racism and it's historic and contemporary manifestations in the United States and within the arts sector in particular. In addition to these sessions, Enrich Chicago offers community spaces for continued learning and anti-racism organizing.
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IRS990/MissionDesc0Enrich Chicago ("Organization") is a Chicago-area nonprofit comprised of philanthropic organizations ("Enrichers") that are committed to anti-racist organizing within the arts. As a group, the Organization digs deeper within its membership organizations, and the greater community to uncover the systemic racism that hobbles the field of public culture in America. Through bi-monthly partner meetings, affinity space gathering, providing Undoing Racism workshops for community leaders, and other programming, the Organization goes beyond typical diversity and cultural sensitivity models to truly address the need for equity within the arts. Enrichers continue to dedicated extensive amounts of time and financial resources to develop a collective vision and plan to address the issues and dismantle current racist structures to create new systems of collaboration and equitable arts spaces.
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