Civic Intelligence

The Liam Foundation

990EZ • Fiscal year 2023 • EIN 84-4868502

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 26, 2024

Organization ProfileWWW.THELIAMFOUNDATION.ORG
1005 5th AveRockford, IL 61104

(815) 319-1956

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 2023

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

17th percentile

-25%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

41st percentile

-2.7%

Faster revenue growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $16,009 (-100%) from 2022

Net Assets

Down

-$7,731

Down $23,740 (-148%) from 2022

Liabilities

Up

$7,731

Up $7,731 from 2022

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin17th percentile

Revenue

Down

$93,629

Down $2,590 (-2.7%) from 2022

Expenses

Up

$117,369

Up $4,184 (+3.7%) from 2022

Net Income

Down

-$23,740

Down $6,774 (-40%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$100K$50K$0-$50K-$100KAssets 2021: $32,975Liabilities 2021: $0Net Assets 2021: $32,9752021Assets 2022: $16,009Liabilities 2022: $0Net Assets 2022: $16,0092022Assets 2023: $0Liabilities 2023: $7,731Net Assets 2023: -$7,7312023Assets 2024: $0Liabilities 2024: $4,680Net Assets 2024: -$4,6802024Assets 2025: $0Liabilities 2025: $55,785Net Assets 2025: -$55,7852025

Highlighted filing

2023

Assets$0
Liabilities$7,731
Net Assets-$7,731
Open 2023 Filing

Operations Trend

Revenue Growth41st percentile

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

$200K$100K$0-$100KRevenue 2021: $75,841Expenses 2021: $61,425Net Income 2021: $14,4162021Revenue 2022: $96,219Expenses 2022: $113,185Net Income 2022: -$16,9662022Revenue 2023: $93,629Expenses 2023: $117,369Net Income 2023: -$23,7402023Revenue 2024: $171,287Expenses 2024: $168,236Net Income 2024: $3,0512024Revenue 2025: $126,935Expenses 2025: $178,040Net Income 2025: -$51,1052025

Highlighted filing

2023

Revenue$93,629
Expenses$117,369
Net Income-$23,740
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 26, 2024
Return Version
2023v5.1
Gross Receipts
$93,629
Mission and Program Overview

Mission

LGBTQIA+

LGBTQIA

Program Services

DescriptionGrantsExpenses
OUR MISSION IS TO ENCOURAGE, HEAL, AND EMPOWER THE LGBTQIA+ COMMUNITY IN NORTHERN IL THROUGH LOVE, INTEGRITY, ADVOCACY, AND MENTORSHIP.--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHYLLIS GALLISATHExecutive Director-$0--
LIEN VUPresident-$0--
PATRICK MURPHY IIITreasurer-$0--
KRISTIN RAVELVice President-$0--
JAMES SABANTHESecretary-$0--
DAVID BLACKBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Liam Foundation
EIN
84-4868502
Address
1005 5TH AVE, Rockford, IL 61104

Signing Officer

Name
Phyllis Gallisath
Title
Executive Direc
Phone
8153191956
Signed
2024-06-26
Discuss with paid preparer
No

Preparer

Firm
Ellis Tax Professionals
Address
535 Loves Park Dr Ste 1, Loves Park, IL 61111
Preparer
Nicole Ellis
Phone
8157086721
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountMISC DONATIONS 29,870FUNDRAISER REVENUE 31,054PROFESSIONAL CONSULTING 2,205”

Description of other expenses Part I line 16

“Description AmountSTAFF APPRECIATION AND EDUCATION 220COSTS FOR NEW CENTER 20,605CAR AND TRUCK 801CLIENT HEALTHCARE 2,739CLIENT MEALS FOOD 3,203CLIENT DIRECT SERVICES 19,471CONTRACTOR 555OTHER BUSINESS EXPENSES 4,864PROGRAM COSTS 5,098STAFF APPRECIATION AND EDUCATION 220ADVERTISING 673”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearNEGATIVE BALANCE 2023 0 7,731”

Raw XML Appendix169 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PHYLLIS GALLISATH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LIEN VU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PATRICK MURPHY III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KRISTIN RAVEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JAMES SABANTHE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DAVID BLACK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt058449
IRS990EZ/OtherRevenueTotalAmt063129
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/PrintingPublicationsPostageAmt0295
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IRS990EZ/SalariesOtherCompEmplBnftAmt046825
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0117369
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt093629
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0WWW.THELIAMFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt093630
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt096219
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt074791
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0264640
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt093630
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0264641
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountMISC DONATIONS 29,870FUNDRAISER REVENUE 31,054PROFESSIONAL CONSULTING 2,205
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountSTAFF APPRECIATION AND EDUCATION 220COSTS FOR NEW CENTER 20,605CAR AND TRUCK 801CLIENT HEALTHCARE 2,739CLIENT MEALS FOOD 3,203CLIENT DIRECT SERVICES 19,471CONTRACTOR 555OTHER BUSINESS EXPENSES 4,864PROGRAM COSTS 5,098STAFF APPRECIATION AND EDUCATION 220ADVERTISING 673
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearNEGATIVE BALANCE 2023 0 7,731
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0PHYLLIS GALLISATH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
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ReturnHeader/Filer/BusinessNameControlTxt0LIAM
ReturnHeader/Filer/EIN0844868502
ReturnHeader/Filer/USAddress/AddressLine1Txt01005 5TH AVE
ReturnHeader/Filer/USAddress/CityNm0Rockford
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0863109065
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061111
ReturnHeader/PreparerPersonGrp/PhoneNum08157086721
ReturnHeader/PreparerPersonGrp/PreparationDt02024-06-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Nicole Ellis
ReturnHeader/ReturnTs02024-06-26T15:59:33-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PHYLLIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GALLISATH
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$7,731
Net assets
-$7,731
Revenue
$93,629
Expenses
$117,369
Net income
-$23,740
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.56$0.56$1.27$1.78$0.51
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.05$0.05$1.71$1.68$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.08$0.08$0.94$1.17$0.24
2022Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.96$1.13$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.76$0.61$0.14