Civic Intelligence

Block Club Chicago Nfp

990 • Fiscal year 2020 • EIN 82-3844275

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 03, 2021

233 N Michigan Avenue No 1850Chicago, IL 60601

(312) 860-0020

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.35x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.24x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

76th percentile

24%

Higher net margin than 76% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

69th percentile

$100,000

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

91st percentile

82%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

64%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,224,016

Up $552,074 (+82%) from 2019

Net Assets

Up

$799,892

Up $426,536 (+114%) from 2019

Liabilities

Up

$424,124

Up $125,538 (+42%) from 2019

Revenue

Up

$1,799,866

Up $701,799 (+64%) from 2019

Expenses

Up

$1,373,330

Up $363,182 (+36%) from 2019

Net Income

Up

$426,536

Up $338,617 (+385%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2018: $405,401Liabilities 2018: $119,965Net Assets 2018: $285,4362018Assets 2019: $671,942Liabilities 2019: $298,586Net Assets 2019: $373,3562019Assets 2020: $1,224,016Liabilities 2020: $424,124Net Assets 2020: $799,8922020Assets 2021: $1,630,325Liabilities 2021: $538,198Net Assets 2021: $1,092,1272021Assets 2022: $3,912,831Liabilities 2022: $601,860Net Assets 2022: $3,310,9712022Assets 2023: $3,312,244Liabilities 2023: $650,716Net Assets 2023: $2,661,5282023Assets 2024: $2,798,802Liabilities 2024: $500,930Net Assets 2024: $2,297,8722024

Highlighted filing

2020

Assets$1,224,016
Liabilities$424,124
Net Assets$799,892

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2018: $921,675Expenses 2018: $636,239Net Income 2018: $285,4362018Revenue 2019: $1,098,067Expenses 2019: $1,010,148Net Income 2019: $87,9192019Revenue 2020: $1,799,866Expenses 2020: $1,373,330Net Income 2020: $426,5362020Revenue 2021: $2,107,050Expenses 2021: $1,814,815Net Income 2021: $292,2352021Revenue 2022: $4,658,944Expenses 2022: $2,440,100Net Income 2022: $2,218,8442022Revenue 2023: $3,194,646Expenses 2023: $3,865,946Net Income 2023: -$671,3002023Revenue 2024: $4,528,971Expenses 2024: $4,908,142Net Income 2024: -$379,1712024

Highlighted filing

2020

Revenue$1,799,866
Expenses$1,373,330
Net Income$426,536
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 3, 2021
Return Version
2020v4.1
Gross Receipts
$1,811,478
Mission and Program Overview

Mission

Block club chicago is a nonprofit news organization dedicated to delivering reliable, nonpartisan and essential coverage of chicago's diverse neighborhoods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$436,063$698,480▲ $262,417
Investments Other Securities$200,000$404,634▲ $204,634
Pledges and Grants Receivable$0$80,762▲ $80,762
Accounts Receivable$13,576$14,920▲ $1,344
Land, Buildings, and Equipment, Net$8,060$11,819▲ $3,759
Inventories for Sale or Use$7,414$5,849▼ $1,565
Prepaid Expenses and Deferred Charges$229$352▲ $123
Total Assets$671,942$1,224,016▲ $552,074
Other Assets Total$6,600$7,200▲ $600
Liabilities
Deferred Revenue$245,768$388,513▲ $142,745
Accounts Payable and Accrued Expenses$52,818$35,611▼ $17,207
Total Liabilities$298,586$424,124▲ $125,538
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$349,520$562,059▲ $212,539
Net Assets With Donor Restrictions$23,836$237,833▲ $213,997
Total Net Assets Fund Balance$373,356$799,892▲ $426,536
Total Liabilities and Net Assets / Fund Balance$671,942$1,224,016▲ $552,074

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,819$2,913$14,732
Other Securities$404,634--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shamus ToomeyEditor-in-chiefFT$100,000$100,000

Board Members and Trustees

NameTitle
Laura WashingtonPresident
Brant HoustonSecretary
Dan IsraeliteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,039,690
Program Service Revenue
$733,613
Investment Income
$4,634
Other Revenue
$21,929
All Other Contributions
$888,235
Change in Net Assets
$426,536

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,799,866
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,799,866
Total Revenue per Form 990
$1,799,866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,045,395
Other Expenses$327,935
Total Fundraising Expense$34,771
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$748,636$34,505$23,635$806,776
Current Officers, Directors, Trustees, and Key Employees$70,000$25,000$5,000$100,000
Payroll Taxes$63,682$4,951$2,125$70,758
Other Employee Benefits$61,075$4,750$2,036$67,861
Fees for Services Other-$33,157-$33,157
Occupancy$20,610$1,603$687$22,900
Office Expenses$11,277$6,526-$17,803
Insurance$10,805$840$361$12,006
Advertising$11,629--$11,629
All Other Expenses$11,187--$11,187
Other Expenses$9,282$722$309$10,313
Depreciation Depletion-$2,337-$2,337
Interest-$44-$44
Total Functional Expenses$1,125,126$213,433$34,771$1,373,330

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,373,330
Total Expenses per Audited Statements$1,373,330
Total Expenses per Form 990$1,373,330
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 8B

There are no committees with authority to act on behalf of the governing body.

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

The cofounders of the organization, editor-in-chief, director of strategy, and managing editor, review the tax return before it is filed. A copy of the 990 is provided to all board members prior to filing and ample time is provided for any questions that arise from that review.

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

This policy will be reviewed annually with the board of directors.

Form 990, Part VI, Section B, Line 15A

Each officer has an employment contract that was reviewed and approved by the board of directors. Compensation amounts were determined using comparability data.

Form 990, Part VI, Section C, Line 19

The organization makes its governing document, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Block Club Chicago Nfp
EIN
82-3844275
Phone
3128600020
Address
233 N MICHIGAN AVENUE NO 1850, CHICAGO, IL 60601

Signing Officer

Name
Shamus Toomey
Title
Editor-in-chief
Phone
3128600020
Signed
2021-11-03

Organization Details

Principal Officer
Shamus Toomey
Formed
2018
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
3
Employees
20
Volunteers
0

Preparer

Firm
Cheryl Rohlfs & Associates Ltd
Address
401 HUEHL ROAD SUITE 1E, NORTHBROOK, IL 60062
Preparer
Cheryl K Rohlfs CPA
Phone
8477539200
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IRS990/Desc0BLOCK CLUB IS THE MOST PROLIFIC HYPERLOCAL NEWS OPERATION IN THE CHICAGO AREA. WE'VE PUBLISHED MORE THAN 9,000 STORIES ON CHICAGO'S NEIGHBORHOODS, COVERED HUNDREDS OF COMMUNITY MEETINGS AND SEND OUR NEWSLETTER OUT TO MORE THAN 100,000 PEOPLE DAILY.BLOCK CLUB BELIEVES ALL NEIGHBORHOODS DESERVE TO BE COVERED IN A MEANINGFUL WAY. WE AMPLIFY POSITIVE STORIES, SHOW UP TO DEVELOPMENT AND LOCAL SCHOOL COUNCIL MEETINGS AND SERVE AS WATCHDOG IN NEIGHBORHOODS THAT ARE OFTEN OSTRACIZED BY TRADITIONAL NEWS MEDIA.OUR REPORTERS DON'T PARACHUTE IN ONCE TO COVER A STORY. THEY ARE IN THE NEIGHBORHOODS THEY COVER EVERY DAY BUILDING RELATIONSHIPS OVER TIME WITH NEIGHBORS. WE BELIEVE THIS GROUND-LEVEL APPROACH NOT ONLY BUILDS COMMUNITY BUT LEADS TO A MORE ACCURATE PORTRAYAL OF A NEIGHBORHOODS.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0614808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0842738
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02497236
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04634
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04634
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01255771
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt017124
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02551
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0236
IRS990ScheduleA/OtherIncome170Grp/TotalAmt019911
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02263416
IRS990ScheduleA/SubstantialContributorsTotAmt0233820
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01039690
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0614808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0842738
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02497236
IRS990ScheduleA/TotalSupportAmt02521781
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt02913
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014732
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01373330
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0404634
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01799866
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011819
IRS990ScheduleD/TotalBookValueSecuritiesAmt0404634
IRS990ScheduleD/TotalExpensesPerForm990Amt01373330
IRS990ScheduleD/TotalRevenuePerForm990Amt01799866
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01799866
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COFOUNDERS OF THE ORGANIZATION, EDITOR-IN-CHIEF, DIRECTOR OF STRATEGY, AND MANAGING EDITOR, REVIEW THE TAX RETURN BEFORE IT IS FILED. A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING AND AMPLE TIME IS PROVIDED FOR ANY QUESTIONS THAT ARISE FROM THAT REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS POLICY WILL BE REVIEWED ANNUALLY WITH THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH OFFICER HAS AN EMPLOYMENT CONTRACT THAT WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION AMOUNTS WERE DETERMINED USING COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENT, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
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IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt01224016
IRS990/TotalAssetsGrp/BOYAmt0671942
IRS990/TotalAssetsGrp/EOYAmt01224016
IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt034771
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0213433
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01125126
IRS990/TotalFunctionalExpensesGrp/TotalAmt01373330
IRS990/TotalGrossUBIAmt017100
IRS990/TotalLiabilitiesBOYAmt0298586
IRS990/TotalLiabilitiesEOYAmt0424124
IRS990/TotalLiabilitiesGrp/BOYAmt0298586
IRS990/TotalLiabilitiesGrp/EOYAmt0424124
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0373356
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0799892
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01125126
IRS990/TotalProgramServiceRevenueAmt0733613
IRS990/TotalReportableCompFromOrgAmt0100000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0743076
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01799866
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt017100
IRS990/TotalVolunteersCnt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01224016
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0233 N MICHIGAN AVENUE NO 1850
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060601
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.BLOCKCLUBCHICAGO.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SHAMUS TOOMEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EDITOR-IN-CHIEF
ReturnHeader/BusinessOfficerGrp/PhoneNum03128600020
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLOCK CLUB CHICAGO NFP
ReturnHeader/Filer/BusinessNameControlTxt0BLOC
ReturnHeader/Filer/EIN0823844275
ReturnHeader/Filer/PhoneNum03128600020
ReturnHeader/Filer/USAddress/AddressLine1Txt0233 N MICHIGAN AVENUE NO 1850
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060601
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363998687
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHERYL ROHLFS & ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0401 HUEHL ROAD SUITE 1E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTHBROOK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060062
ReturnHeader/PreparerPersonGrp/PhoneNum08477539200

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