Civic Intelligence

Wedge Projects

990EZ • Fiscal year 2021 • EIN 82-2708567

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 26, 2021

Organization ProfileWWW.WEDGEPROJECTS.NET
1448 W Howard StChicago, IL 60201

(847) 826-4531

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

21st percentile

-15%

Higher net margin than 21% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

15th percentile

-26%

Faster asset growth than 15% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

21st percentile

-40%

Faster revenue growth than 21% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$14,420

Down $4,941 (-26%) from 2020

Net Assets

Down

$14,420

Down $4,941 (-26%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin21st percentile

Revenue

Down

$32,500

Down $21,500 (-40%) from 2020

Expenses

Down

$37,441

Down $6,933 (-16%) from 2020

Net Income

Down

-$4,941

Down $14,567 (-151%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$20K$10K$0-$10KAssets 2018: $6,353Liabilities 2018: $02018Assets 2019: $9,735Net Assets 2019: $9,7352019Assets 2020: $19,361Net Assets 2020: $19,3612020Assets 2021: $14,420Net Assets 2021: $14,4202021Assets 2022: $7,126Net Assets 2022: $7,1262022Assets 2023: $0Liabilities 2023: $1,812Net Assets 2023: -$1,8122023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2021

Assets$14,420
Liabilities-
Net Assets$14,420
Open 2021 Filing

Operations Trend

Revenue Growth21st percentile

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

$100K$50K$0-$50KRevenue 2018: $26,700Expenses 2018: $20,347Net Income 2018: $6,3532018Revenue 2019: $77,125Expenses 2019: $73,743Net Income 2019: $3,3822019Revenue 2020: $54,000Expenses 2020: $44,374Net Income 2020: $9,6262020Revenue 2021: $32,500Expenses 2021: $37,441Net Income 2021: -$4,9412021Revenue 2022: $30,498Expenses 2022: $37,792Net Income 2022: -$7,2942022Revenue 2023: $28,613Expenses 2023: $37,551Net Income 2023: -$8,9382023Revenue 2024: $5,074Expenses 2024: $3,262Net Income 2024: $1,8122024

Highlighted filing

2021

Revenue$32,500
Expenses$37,441
Net Income-$4,941
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 26, 2021
Return Version
2020v4.0
Gross Receipts
$32,500
Mission and Program Overview

Mission

Establish and operate a venue offering programming and outreach aimed at providing and developing opportunities to and for artists and the general public.

Program Services

DescriptionGrantsExpenses
ESTABLISHED AND OPERATED A VENUE OFFERING PROGRAMMING AND OUTREACH AIMED AT PROVIDING AND DEVELOPING OPPORTUNITIES TO AND FOR ARTISTS AND THE GENERAL PUBLIC.-$27,360
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER FLEPSPresident-$0--
JULIE FLEPSTreasurer-$0--
ANGELA LOPEZSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Wedge Projects
EIN
82-2708567
Phone
8478264531
Address
1448 W HOWARD ST, CHICAGO, IL 60201

Signing Officer

Name
Peter Fleps
Title
President
Phone
8478264531
Signed
2021-10-26
Discuss with paid preparer
Yes

Preparer

Firm
Stein Rouff & Associates Pc
Address
32300 NORTHWESTERN HIGHWAY SUITE 2, FARMINGTON HILLS, MI 48334
Preparer
William Stein
Phone
2487374200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses website 1,936 adobe creative apps 273 other apps 570 parking 23 insurance 937 exhibits 173 art supplies 2,154 dues & subscriptions 278 telephone 660 bank fees 274 licenses 17 total 7,295”

Form 990-ez, Part II, Line 24

“Deposits 2,000 2,000 total 2,000 2,000”

Form 990-ez, Part III

“Establish and operate a venue offering programming and outreach aimed at providing and developing opportunities to and for artists and the general public.”

Raw XML Appendix143 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/PersonNm0PETER FLEPS
CompensationExplanation/CompensationExplanationGrp/PersonNm1JULIE FLEPS
CompensationExplanation/CompensationExplanationGrp/PersonNm2ANGELA LOPEZ
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SANDRA BUSSE
IRS990EZ/BooksInCareOfDetail/PhoneNum08479985267
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0334 GLENVIEW ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GLENVIEW
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060025
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017361
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt012420
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt032500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4941
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01585
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt019361
IRS990EZ/Form990TotalAssetsGrp/EOYAmt014420
IRS990EZ/GrossReceiptsAmt032500
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019361
IRS990EZ/NetAssetsOrFundBalancesEOYAmt014420
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019361
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt014420
IRS990EZ/OccupancyRentUtltsAndMaintAmt028511
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PETER FLEPS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JULIE FLEPS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANGELA LOPEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02000
IRS990EZ/OtherExpensesTotalAmt07295
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ESTABLISH AND OPERATE A VENUE OFFERING PROGRAMMING AND OUTREACH AIMED AT PROVIDING AND DEVELOPING OPPORTUNITIES TO AND FOR ARTISTS AND THE GENERAL PUBLIC.
IRS990EZ/PrintingPublicationsPostageAmt050
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ESTABLISHED AND OPERATED A VENUE OFFERING PROGRAMMING AND OUTREACH AIMED AT PROVIDING AND DEVELOPING OPPORTUNITIES TO AND FOR ARTISTS AND THE GENERAL PUBLIC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027360
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt037441
IRS990EZ/TotalProgramServiceExpensesAmt027360
IRS990EZ/TotalRevenueAmt032500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WEDGEPROJECTS.NET
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt032500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt054000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt077125
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt026700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0190325
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0190325
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt032500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt054000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt077125
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt026700
IRS990ScheduleA/Total509Grp/TotalAmt0190325
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt032500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt054000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt077125
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt026700
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0190325
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES WEBSITE 1,936 ADOBE CREATIVE APPS 273 OTHER APPS 570 PARKING 23 INSURANCE 937 EXHIBITS 173 ART SUPPLIES 2,154 DUES & SUBSCRIPTIONS 278 TELEPHONE 660 BANK FEES 274 LICENSES 17 TOTAL 7,295
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DEPOSITS 2,000 2,000 TOTAL 2,000 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ESTABLISH AND OPERATE A VENUE OFFERING PROGRAMMING AND OUTREACH AIMED AT PROVIDING AND DEVELOPING OPPORTUNITIES TO AND FOR ARTISTS AND THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER FLEPS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08478264531
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WEDGE PROJECTS
ReturnHeader/Filer/BusinessNameControlTxt0WEDG
ReturnHeader/Filer/EIN0822708567
ReturnHeader/Filer/PhoneNum08478264531
ReturnHeader/Filer/USAddress/AddressLine1Txt01448 W HOWARD ST
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383070259
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEIN ROUFF & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt032300 NORTHWESTERN HIGHWAY SUITE 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FARMINGTON HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048334
ReturnHeader/PreparerPersonGrp/PhoneNum02487374200
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM STEIN
ReturnHeader/ReturnTs02021-11-09T16:04:29-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PETER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FLEPS
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,420
Liabilities
-
Net assets
$14,420
Revenue
$32,500
Expenses
$37,441
Net income
-$4,941
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$5.07$3.26$1.81
2023Detailed filing. Detailed filing data is available for this year.$0.00$1.81$1.81$28.6$37.6$8.94
2022Detailed filing. Detailed filing data is available for this year.$7.13$7.13$30.5$37.8$7.29
2021Detailed filing. Detailed filing data is available for this year.$14.4$14.4$32.5$37.4$4.94
2020Detailed filing. Detailed filing data is available for this year.$19.4$19.4$54.0$44.4$9.63
2019Detailed filing. Detailed filing data is available for this year.$9.74$9.74$77.1$73.7$3.38
2018Summary only. Only limited summary data is available for this year.$6.35$0.00$26.7$20.3$6.35