Civic Intelligence

Education Equity Fund Nfp

990EZ • Fiscal year 2021 • EIN 85-1138259

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 10, 2022

430 West Webster Avenue Unit AChicago, IL 60614

(773) 902-8248

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.87x

Higher debt load relative to assets than 93% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

6.57x

Higher debt load relative to revenue than 99% of similar nonprofits.

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

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% 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

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$424,537

No earlier filing loaded for comparison.

Net Assets

$53,114

No earlier filing loaded for comparison.

Liabilities

$371,423

No earlier filing loaded for comparison.

Revenue

$56,546

No earlier filing loaded for comparison.

Expenses

$9,648

No earlier filing loaded for comparison.

Net Income

$46,898

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2021: $424,537Liabilities 2021: $371,423Net Assets 2021: $53,1142021Assets 2022: $597,759Liabilities 2022: $546,923Net Assets 2022: $50,8362022Assets 2023: $511,033Liabilities 2023: $486,574Net Assets 2023: $24,4592023Assets 2024: $443,852Liabilities 2024: $434,361Net Assets 2024: $9,4912024

Highlighted filing

2021

Assets$424,537
Liabilities$371,423
Net Assets$53,114

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2021: $56,546Expenses 2021: $9,648Net Income 2021: $46,8982021Revenue 2022: $41,564Expenses 2022: $37,772Net Income 2022: $3,7922022Revenue 2023: $54,491Expenses 2023: $45,936Net Income 2023: $8,5552023Revenue 2024: $25,830Expenses 2024: $39,825Net Income 2024: -$13,9952024

Highlighted filing

2021

Revenue$56,546
Expenses$9,648
Net Income$46,898
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 10, 2022
Return Version
2020v4.2
Gross Receipts
$56,546
Mission and Program Overview

Mission

Mission is meeting critical labor market needs and expanding equitable opportunities for people of color and low-income/first generation students. Education equity fund expands post-secondary educational opportunities and supports success in high-quality career-preparation programs. The goal of eef is to enable students to pursue a chosen career path in a high-need profession. Initially eef supports a diverse group of high-potential, lower-income and first-generation candidates who require financial assistance so they may enroll in and complete excellent training and degree programs in preparation for success as k-12 educators.

Program Services

DescriptionGrantsExpenses
MEETING CRITICAL LABOR MARKET NEEDS AND EXPANDING EQUITABLE OPPORTUNITIES FOR PEOPLE OF COLOR AND LOW-INCOME/FIRST GENERATION STUDENTS. TO EXPAND POST-SECONDARY EDUCATIONAL OPPORTUNITIES AND SUPPORTS SUCCESS IN HIGH-QUALITY CAREER-PREPARATION PROGRAMS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ASHLEY CLARKBoard Member-$0--
DR EFRAIN MARTINEZBoard Member-$0--
JILL CANNONBoard Member-$0--
JULIA DAVISBoard Member-$0--
STRATFORD SHIELDSBoard Member-$0--
ANDY DAVISPresidentPT$0--
ANNE LADKYBoard Chair-$0--
CHRISTIAN FEAMANTreasurer-$0--
JAMES OLIFFSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Education Equity Fund Nfp
EIN
85-1138259
Phone
7739028248
Address
430 WEST WEBSTER AVENUE UNIT A, CHICAGO, IL 60614

Signing Officer

Name
Andrew Davis
Title
President
Phone
7739028248
Signed
2022-02-10
Discuss with paid preparer
Yes

Preparer

Firm
Kutchins Robbins & Diamond Ltd
Address
1051 PERIMETER DR 9TH FLOOR, SCHAUMBURG, IL 60173
Preparer
Allen Kutchins
Phone
8472401040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 5.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges. Amount: 547. Description: computer expense. Amount: 21. Description: meals and entertainment. Amount: 4. Description: office . Amount: 915. Description: subcription and dues. Amount: 99. Description: interest expense. Amount: 6,029. Total to form 990-ez, line 16: 7,615.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized gain on investments. Amount: 6,216.

Form 990-ez, Part II, Line 24 - Other Assets

Description: investments. Beg. Of year amount: 0. End of year amount: 413,380.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: loan payable. Beg. Of year amount: 0. End of year amount: 371,423.

Raw XML Appendix185 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/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ASHLEY CLARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DR EFRAIN MARTINEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JILL CANNON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JULIA DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4STRATFORD SHIELDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ANDY DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ANNE LADKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CHRISTIAN FEAMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JAMES OLIFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherExpensesTotalAmt07615
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IRS990ScheduleA/TotalSupportAmt056546
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 5.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK CHARGES. AMOUNT: 547. DESCRIPTION: COMPUTER EXPENSE. AMOUNT: 21. DESCRIPTION: MEALS AND ENTERTAINMENT. AMOUNT: 4. DESCRIPTION: OFFICE . AMOUNT: 915. DESCRIPTION: SUBCRIPTION AND DUES. AMOUNT: 99. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 6,029. TOTAL TO FORM 990-EZ, LINE 16: 7,615.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: UNREALIZED GAIN ON INVESTMENTS. AMOUNT: 6,216.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INVESTMENTS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 413,380.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: LOAN PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 371,423.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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ReturnHeader/BusinessOfficerGrp/PhoneNum07739028248
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCATION EQUITY FUND NFP
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ReturnHeader/Filer/EIN0851138259
ReturnHeader/Filer/PhoneNum07739028248
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ReturnHeader/Filer/USAddress/ZIPCd060614
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363856676
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SCHAUMBURG
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALLEN KUTCHINS
ReturnHeader/ReturnTs02022-03-23T13:05:02-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANDREW
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DAVIS
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits