Civic Intelligence

Stanley Cohen Trust David R Selmer Co-Trustee

990PF • Fiscal year 2020 • EIN 82-6710786

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

200 W Madison St Ste 3900Chicago, IL 60606

(312) 984-3155

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • <$500k nonprofits • Source year 2020

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • <$500k nonprofits • Source year 2020

Net Margin

12th percentile

-71%

Higher net margin than 12% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$5,284

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 11.8% of source-year revenue.

2020 filings • <$500k nonprofits • Source year 2020

Asset Growth

4th percentile

-86%

Faster asset growth than 4% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

21st percentile

-52%

Faster revenue growth than 21% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$189,938

Down $1,182,853 (-86%) from 2019

Net Assets

Down

$189,938

Down $1,182,853 (-86%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$44,913

Down $48,671 (-52%) from 2019

Expenses

Down

$77,002

Down $107 (-0.1%) from 2019

Net Income

Down

-$32,089

Down $48,564 (-295%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2018: $1,248,336Liabilities 2018: $02018Assets 2019: $1,372,791Liabilities 2019: $0Net Assets 2019: $1,372,7912019Assets 2020: $189,938Liabilities 2020: $0Net Assets 2020: $189,9382020Assets 2021: $86,992Liabilities 2021: $0Net Assets 2021: $86,9922021Assets 2022: $36,170Liabilities 2022: $0Net Assets 2022: $36,1702022Assets 2023: $26,131Liabilities 2023: $0Net Assets 2023: $26,1312023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$189,938
Liabilities$0
Net Assets$189,938

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2018: $1,252,275Expenses 2018: $3,939Net Income 2018: $1,248,3362018Revenue 2019: $93,584Expenses 2019: $77,109Net Income 2019: $16,4752019Revenue 2020: $44,913Expenses 2020: $77,002Net Income 2020: -$32,0892020Revenue 2021: $0Expenses 2021: $30,682Net Income 2021: -$30,6822021Revenue 2022: $28Expenses 2022: $10,831Net Income 2022: -$10,8032022Revenue 2023: $0Expenses 2023: $10,039Net Income 2023: -$10,0392023Revenue 2024: $0Expenses 2024: $24,719Net Income 2024: -$24,7192024

Highlighted filing

2020

Revenue$44,913
Expenses$77,002
Net Income-$32,089
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID R SELMERCo-Trustee-$5,284-$5,284
DANIEL SCHULMANCo-Trustee-$1,619-$1,619
VALERIE CARBERRYCo-Trustee-$440-$440
Filing and Contact Details

Filer

Filer Name
Stanley Cohen Trust
EIN
82-6710786
Phone
3129843155
Address
200 W MADISON ST STE 3900, CHICAGO, IL 60606

Signing Officer

Name
David Selmer
Title
Trustee
Phone
3129843155
Signed
2021-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Cbiz Mhm LLC
Address
225 WEST WACKER DR SUITE 2500, CHICAGO, IL 60606
Preparer
Carole a Budyak
Phone
3126026800
Raw XML Appendix366 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
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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0ACCOUNTING FEES
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt08359
AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt08358
DissolutionStmt/DissolutionInformationGrp/BusinessName/BusinessNameLine1Txt0STANLEY AND EVELYN STATSINGER COHEN FOUNDATION
DissolutionStmt/DissolutionInformationGrp/DissolutionAmt01150764
DissolutionStmt/DissolutionInformationGrp/ShortExplanationTxt0CASH, PUBLICLY TRADED SECURITIES, COINS AND PERSONAL PROPERTY
DissolutionStmt/DissolutionInformationGrp/USAddress/AddressLine1Txt0200 WEST MADISON ST STE 3900
DissolutionStmt/DissolutionInformationGrp/USAddress/CityNm0CHICAGO
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DissolutionStmt/DissolutionInformationGrp/USAddress/ZIPCd060606
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0PART VII-A LINE 11
GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc1PART VIII, LINE 1:TRUSTEE STATUS
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt0CONTROLLED ENTITY OWNERSHIP
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0SPEAKEASY COMPUTING C/O DAVID SELMEREIN 36-2972744200 W. MADISON STE 3900CHICAGO, IL. 60606CORPORATION HAS BEEN DISSOLVED AND HAS STOPPED CONDUCTING BUSINESS EXCEPT AS NECESSARY OR APPROPRIATE TO WIND UP AND LIQUIDATE ITS REMAINING ASSETS.
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt1VALERIE CARBERRY RESIGNED AS CO-TRUSTEE EARLY IN 2020. MS CARBERRY WAS PAID FOR HER SERVICES PROVIDED IN 2019 IN DECEMBER 2019 BUT THE CHECK WAS NOT PRESENTED FOR PAYMENT UNTIL EARLY IN 2020. SHE DID NOT PROVIDE ANY TRUSTEE SERVICES IN 2020.
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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0THIS RETURN REPORTS THE ACTIVITIES OF AN IRC SECTION 4947(A)(1) NONEXEMPT CHARITABLE TRUST FOR THE PERIOD PRIOR TO THE TIME WHEN THESE ASSETS WILL BE CONTRIBUTED TO A CHARITABLE FOUNDATION. THESE REPORTED INCOME AMOUNTS INCLUDE AN IRA DISTRIBUTION AND TAX REFUNDS RECEIVED FROM DECEDENT'S ESTATE AND PRIOR TAXABLE TRUST INCOME TAX RETURNS AND DO NOT REPRESENT EITHER UNRELATED BUSINESS INCOME OR INVESTMENT INCOME TO THIS ENTITY
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IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd00
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd01
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0DAVID SELMER
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0200 W MADISON ST SUITE 3900
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0CHICAGO
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0IL
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd060606
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd01
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0IL
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd01
IRS990PF/StatementsRegardingActyGrp/PhoneNum03129843155
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt025000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0TRANSFER OF ASSETS IN CONNECTION WITH INITIAL FUNDING OF SUCCESSOR PRIVATE NONOPERATING FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0STANLEY AND EVELYN STATSINGER COHEN FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PF
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0CONTROLLED SUCCESSOR PRIVATE NONOPERATING FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0200 WEST MADISON ST STE 3900
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0CHICAGO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0IL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd060606
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt025000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt030337
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt022467
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt033392
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt052804
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt00
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt03055
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt022467
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0LEGAL FEES
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt015480
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt015480
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt00
LiquidationExplanationStmt/ExplanationTxt0THE STANLEY COHEN ("SC") TRUST HAD A SUBSTANTIAL CONTRACTION OF ASSETS IN 2020 DUE TO THE TRANSFER OF ITS ASSETS TO THE SUCCESSOR PRIVATE NONOPERATING FOUNDATION REQUIRED BY THE TERMS OF THE TRUST. THE SC TRUST HAS BEEN AN IRC SECTION 4947(A)(1) NONEXEMPT CHARITABLE TRUST SINCE DECEMBER 1,2018. IN ACCORDANCE WITH THE TERMS OF THE SC TRUST, ALL TRUST ASSETS WERE TO BE DISTRIBUTED TO A NEW PRIVATE NONOPERATING FOUNDATION FOLLOWING THE REASONABLE POST-DEATH ADMINISTRATION PERIOD. THIS PRIVATE NONOPERATING FOUNDATION, THE STANLEY AND EVELYN STATSINGER COHEN FOUNDATION, WAS CREATED ON APRIL 27, 2020 (EIN: 85-0842352.) FORM 1023 WAS FILED AND IRS HAS DECLARED IT TO BE A 501(C)(3) QUALIFIED CHARITABLE ORGANIZATION. THE SC TRUST TRANSFERRED SUBSTANTIAL ASSETS TO THE FOUNDATION IN MAY 2020.
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt02000
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt1500
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0COINS
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc1PERSONAL EFFECTS
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt00
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt10
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt00
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt10
OtherDecreasesSchedule/OtherDecreasesDetail/Amt01150764
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0SECURITIES, CASH, COINS TO SUCCESSOR FDN
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0ADVISORY FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt06313
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt06313
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt025000
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt17
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt24
OtherIncomeSchedule2/OtherIncomeDetail/Desc0IRA DISTRIBUTION
OtherIncomeSchedule2/OtherIncomeDetail/Desc1GREAT LAKES ENERGY REFUND
OtherIncomeSchedule2/OtherIncomeDetail/Desc2TAX REFUNDS
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt025000
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt17
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt24
TaxesSchedule/TaxesDetail/Amt0508
TaxesSchedule/TaxesDetail/Amt15641
TaxesSchedule/TaxesDetail/CategoryTxt0IL TAXES 2019
TaxesSchedule/TaxesDetail/CategoryTxt1US TAXES 2019
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt10
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt0508
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt15641
TransfersToControlledEntities/TotalAmt00
TransfersToControlledEntities/TransfersToControlledEntGrp/Amt00
TransfersToControlledEntities/TransfersToControlledEntGrp/BusinessName/BusinessNameLine1Txt0SPEAKEASY COMPUTING CO DAVID R SELMER
TransfersToControlledEntities/TransfersToControlledEntGrp/Desc0CORPORATION HAS BEEN DISSOLVED AND HAS STOPPED CONDUCTING BUSINESS
TransfersToControlledEntities/TransfersToControlledEntGrp/EIN0362972744
TransfersToControlledEntities/TransfersToControlledEntGrp/USAddress/AddressLine1Txt0200 W MADISON STE 3900
TransfersToControlledEntities/TransfersToControlledEntGrp/USAddress/CityNm0CHICAGO
TransfersToControlledEntities/TransfersToControlledEntGrp/USAddress/StateAbbreviationCd0IL
TransfersToControlledEntities/TransfersToControlledEntGrp/USAddress/ZIPCd060606
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID SELMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum03129843155
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STANLEY COHEN TRUST
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DAVID R SELMER CO-TRUSTEE
ReturnHeader/Filer/BusinessNameControlTxt0STAN
ReturnHeader/Filer/EIN0826710786
ReturnHeader/Filer/PhoneNum03129843155
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 W MADISON ST STE 3900
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060606
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341853929
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CBIZ MHM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0225 WEST WACKER DR SUITE 2500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03126026800
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAROLE A BUDYAK
ReturnHeader/ReturnTs02021-11-12T15:43:48-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SELMER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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