Civic Intelligence

Abundance Setting

990EZ • Fiscal year 2023 • EIN 85-2709932

Jan 01, 2023 to Dec 31, 2023 • Filed on May 15, 2024

Organization ProfileABUNDANCESETTING.ORG
5929 North LouiseChicago, IL 60646

(773) 573-9211

Siviq Scores

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

Liabilities / Assets

79th percentile

0.09x

Higher debt load relative to assets than 79% of similar nonprofits.

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

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

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

Net Margin

24th percentile

-14%

Higher net margin than 24% 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

14th percentile

-37%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

64th percentile

18%

Faster revenue growth than 64% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$57,211

Down $34,220 (-37%) from 2022

Net Assets

Down

$72,533

Down $12,597 (-15%) from 2022

Liabilities

Down

$4,867

Down $1,434 (-23%) from 2022

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin24th percentile

Revenue

Up

$88,073

Up $13,441 (+18%) from 2022

Expenses

Up

$99,984

Up $71,005 (+245%) from 2022

Net Income

Down

-$11,911

Down $57,564 (-126%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$100K$50K$0Assets 2021: $46,464Liabilities 2021: $6,987Net Assets 2021: $39,4772021Assets 2022: $91,431Liabilities 2022: $6,301Net Assets 2022: $85,1302022Assets 2023: $57,211Liabilities 2023: $4,867Net Assets 2023: $72,5332023Assets 2024: $74,543Liabilities 2024: $22,730Net Assets 2024: $51,8132024

Highlighted filing

2023

Assets$57,211
Liabilities$4,867
Net Assets$72,533
Open 2023 Filing

Operations Trend

Revenue Growth64th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2021: $185,994Expenses 2021: $141,435Net Income 2021: $44,5592021Revenue 2022: $74,632Expenses 2022: $28,979Net Income 2022: $45,6532022Revenue 2023: $88,073Expenses 2023: $99,984Net Income 2023: -$11,9112023Revenue 2024: $99,920Expenses 2024: $99,549Net Income 2024: $3712024

Highlighted filing

2023

Revenue$88,073
Expenses$99,984
Net Income-$11,911
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$88,073
Mission and Program Overview

Mission

The abundance setting encourages and supports the advancement of women and working mothers in the culinary & hospitality industry to have a thriving career while maintaining a quality life at home.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O$4,050$14,680
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSICA WHEELERTreasurer-$0--
KIMBERLY WATTLESSecretary-$0--
JOHNNY CLARKDirector-$0--
JODI FYFEDirector-$0--
BEVERLY KIMDirectorPT$0--
NINA MARIANODirector-$0--
SARAH STENGERChair-$0--
TIFFANY WEISBERGDirector-$0--
NICOLE NASSIFDirector-$0--
SETH BLUMENTHALDirector-$0--
Filing and Contact Details

Filer

Filer Name
Abundance Setting Ltd
EIN
85-2709932
Address
5929 NORTH LOUISE, CHICAGO, IL 60646

Signing Officer

Name
Beverly Kim
Title
President
Phone
7735739211
Signed
2024-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Nb Allen & Associates
Address
5225 OLD ORCHARD RD STE 16, SKOKIE, IL 60077
Preparer
Neville B Allen
Phone
8476750055
Supplemental Narrative

Additional Explanations

Form 990-ez Part III Line 28 Program Service Accomplishments

“Culinary and hospitality industry with mentorship, networkin opportunities, access to farmers produce and meal relief and educational panels”

Raw XML Appendix156 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0BEVERLY KIM
IRS990EZ/BooksInCareOfDetail/PhoneNum07735739211
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05929 NORTH LOUISE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060646
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt064769
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt054591
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt085277
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-11911
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt036000
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt091431
IRS990EZ/Form990TotalAssetsGrp/EOYAmt057211
IRS990EZ/GrantsAndSimilarAmountsPaidAmt015180
IRS990EZ/GrossReceiptsAmt088073
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt084444
IRS990EZ/NetAssetsOrFundBalancesEOYAmt072533
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt084444
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt052344
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt410
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JESSICA WHEELER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KIMBERLY WATTLES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHNNY CLARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JODI FYFE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BEVERLY KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5NINA MARIANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SARAH STENGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TIFFANY WEISBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8NICOLE NASSIF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9SETH BLUMENTHAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt026662
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02620
IRS990EZ/OtherExpensesTotalAmt027820
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramServiceRevenueAmt02796
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04050
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt014680
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt020984
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt06987
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04867
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt099984
IRS990EZ/TotalProgramServiceExpensesAmt014680
IRS990EZ/TotalRevenueAmt088073
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0ABUNDANCESETTING.ORG
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt088073
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt070356
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0184229
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt015697
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0358355
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0358355
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt088073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt070356
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0184229
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt015697
IRS990ScheduleA/Total509Grp/TotalAmt0358355
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt088073
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt070356
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0184229
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt015697
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0358355
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CULINARY AND HOSPITALITY INDUSTRY WITH MENTORSHIP, NETWORKIN OPPORTUNITIES, ACCESS TO FARMERS PRODUCE AND MEAL RELIEF AND EDUCATIONAL PANELS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ PART III LINE 28 PROGRAM SERVICE ACCOMPLISHMENTS
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BEVERLY KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07735739211
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ABUNDANCE SETTING LTD
ReturnHeader/Filer/BusinessNameControlTxt0ABUN
ReturnHeader/Filer/EIN0852709932
ReturnHeader/Filer/USAddress/AddressLine1Txt05929 NORTH LOUISE
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060646
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223863093
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NB ALLEN & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05225 OLD ORCHARD RD STE 16
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SKOKIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060077
ReturnHeader/PreparerPersonGrp/PhoneNum08476750055
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NEVILLE B ALLEN
ReturnHeader/ReturnTs02024-05-15T18:08:50-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BEVERLY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KIM
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
$57,211
Liabilities
$4,867
Net assets
$72,533
Revenue
$88,073
Expenses
$99,984
Net income
-$11,911
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.23$0.52$1.00$1.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.57$0.05$0.73$0.88$1.00$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.91$0.06$0.85$0.75$0.29$0.46
2021Detailed filing. Detailed filing data is available for this year.$0.46$0.07$0.39$1.86$1.41$0.45