Civic Intelligence

Flowers for Dreams Foundation

990PF • Fiscal year 2020 • EIN 85-4112741

Jan 01, 2020 to Dec 31, 2020 • Filed on May 12, 2022

1812 W Hubbard StreetChicago, IL 60622

(312) 620-1410

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 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Assets

$0

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$0

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$0

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.

$100K$50K$0-$50KAssets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $31,258Liabilities 2021: $41,318Net Assets 2021: -$10,0602021Assets 2022: $56,155Liabilities 2022: $41,228Net Assets 2022: $14,9272022Assets 2023: $72,228Liabilities 2023: $48,5122023Assets 2025: $64,734Liabilities 2025: $48,475Net Assets 2025: $16,2592025

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $238,690Expenses 2021: $207,522Net Income 2021: $31,1682021Revenue 2022: $245,718Expenses 2022: $257,048Net Income 2022: -$11,3302022Revenue 2023: $269,198Expenses 2023: $260,409Net Income 2023: $8,7892023Revenue 2025: $214,508Expenses 2025: $238,220Net Income 2025: -$23,7122025

Highlighted filing

2020

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 12, 2022
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steven DymePresident-$0--
Joseph DicksteinVice Pres.-$0--
Cam BalzerSecretary-$0--
Sandy NuccioTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Flowers for Dreams Foundation
EIN
85-4112741
Phone
3126201410
Address
1812 W Hubbard Street, Chicago, IL 60622

Signing Officer

Name
Steven Dyme
Title
President
Signed
2022-05-12
Discuss with paid preparer
Yes

Preparer

Firm
The Law Offices of Marc J Lane PC
Address
70 W Madison St Ste 2050, Chicago, IL 60602
Preparer
Joshua S Kreitzer
Phone
3123721040
Raw XML Appendix171 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
ActyNotPreviouslyRptExpln/ExplanationTxt0Private foundation which will make annual donations to charitable organizations.
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt30
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1Joseph Dickstein
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2Cam Balzer
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm3Sandy Nuccio
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0President
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1Vice Pres.
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2Secretary
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt3Treasurer
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt01812 W Hubbard Street
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt11812 W Hubbard Street
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0Chicago
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm2Chicago
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IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt00
IRS990PF/StatementsRegardingActy4720Grp/ActsFailToQlfyAsExceptionsInd0false
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
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IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0true
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0false
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
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IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0www.flowersfordreamsfoundation.org
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0Applications should be submitted online through the Foundation's web site.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0Steven Dyme
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum03126201410
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt01812 W Hubbard Street
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0The Foundation primarily donates to organizations in the Chicago, Milwaukee, and Detroit areas.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0Rolling deadline
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IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
ReasonableCauseExplanation/ExplanationTxt0The organization was established on November 24, 2020 and thus its first tax year was a short year for the period from November 24 through December 31, 2020. As a result, Form 990-PF, Part X, Line 6, was calculated based on a short-year modified percentage of 0.5191% rather than the usual 5%. The organization timely submitted a Form 8868 allowing it an extension of time to file its Form 990-PF until November 15, 2021. The organization attempted to file its return electronically on or about May 13, 2021, but Lacerte Software (an IRS-approved Modernized e-File provider) rejected the attempt to submit the return, stating that "IRS e-file Business Rule F990PF-030-01 requires Form 990-PF, Part X, Line must equal 5% of Line 5. Since this is a short year return that percentage has been prorated per the Form 990-PF instructions. You will not be allowed to electronically file this return since the IRS will reject with this business rule." Consequently, the organization submitted the Form 990-PF on paper on or about May 25, 2021, and it was received by the IRS on June 7, 2021. By letter dated March 25, 2022, the IRS notified the organization that it could not process the paper return. On May 2, 2022, the organization's attorney contacted the IRS to ask how to proceed, as the return could not be submitted electronically for a short year and would not be accepted on paper. On May 6, 2022, the IRS informed the organization's attorney that the organization should submit the return based on a full year rather than a short year and include a reasonable cause explanation for relief from penalties. Attached to this return are (a) a copy of the original paper return as received by the IRS; (b) the IRS's March 25, 2022 letter; and (c) a printout from Lacerte Software showing that as of May 6, 2022, the software was still unable to file a short-year return electronically.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Steven Dyme
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Flowers for Dreams Foundation
ReturnHeader/Filer/BusinessNameControlTxt0FLOW
ReturnHeader/Filer/EIN0854112741
ReturnHeader/Filer/PhoneNum03126201410
ReturnHeader/Filer/USAddress/AddressLine1Txt01812 W Hubbard Street
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060622
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362770129
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Law Offices of Marc J Lane PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt070 W Madison St Ste 2050
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060602
ReturnHeader/PreparerPersonGrp/PhoneNum03123721040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joshua S Kreitzer
ReturnHeader/ReturnTs02022-05-12T12:23:46-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Steven
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Dyme
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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