Civic Intelligence

Limitless Foundation

EIN 86-3132917 • 501(c)3 • Chicago, IL

Profile

Limitless foundation focuses its charitable activities on supporting the advancement of the arts by empowering and cultivating the development of independent films without segregation or discrimination as to age, disability, ethnicity, gender, nationality, race, sexual identity, creed or religion of its beneficiaries; and to make its grants and funds either directly to or for said purposes, or to existing institutions engaged in like or similar activities or programs.

429 N Canal StChicago, IL 60654-8800

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

39th percentile

-2.7%

Higher net margin than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

17th percentile

-60%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-26%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$865

Down $1,273 (-60%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$865

Down $1,273 (-60%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin39th percentile

Revenue

Down

$47,225

Down $16,275 (-26%) from 2023

Expenses

Down

$48,498

Down $12,905 (-21%) from 2023

Net Income

Down

-$1,273

Down $3,370 (-161%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0K$2.0K$1.0K$0Assets 2022: $41Liabilities 2022: $0Net Assets 2022: $412022Assets 2023: $2,138Liabilities 2023: $0Net Assets 2023: $2,1382023Assets 2024: $865Liabilities 2024: $0Net Assets 2024: $8652024

Highlighted filing

2024

Assets$865
Liabilities$0
Net Assets$865
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2022: $147,326Expenses 2022: $147,285Net Income 2022: $412022Revenue 2023: $63,500Expenses 2023: $61,403Net Income 2023: $2,0972023Revenue 2024: $47,225Expenses 2024: $48,498Net Income 2024: -$1,2732024

Highlighted filing

2024

Revenue$47,225
Expenses$48,498
Net Income-$1,273
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$865
Liabilities
$0
Net assets
$865
Revenue
$47,225
Expenses
$48,498
Net income
-$1,273
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.47$0.48$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.64$0.61$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.47$1.47$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 21, 2025
Return Version
2024v5.2
Gross Receipts
$47,225
Mission and Program Overview

Mission

Limitless foundation focuses its charitable activities on supporting the advancement of the arts by empowering and cultivating the development of independent films without segregation or discrimination as to age, disability, ethnicity, gender, nationality, race, sexual identity, creed or religion of its beneficiaries; and to make its grants and funds either directly to or for said purposes, or to existing institutions engaged in like or similar activities or programs.

Program Services

DescriptionGrantsExpenses
FISCAL SPONSORSHIP PROGRAM FOR FILM PRODUCTION$0$37,299
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTINA SHAVERPresidentPT$0--
JONATHAN SHAVERDirector-$0--
SHERI SCHUELLERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Limitless Foundation
EIN
86-3132917
Phone
3127544992
Address
429 N CANAL ST, CHICAGO, IL 60654-8800

Signing Officer

Name
Christina Shaver
Title
President
Phone
3127544992
Signed
2025-07-21
Discuss with paid preparer
Yes

Preparer

Firm
Fgmk LLC
Address
2801 LAKESIDE DRIVE 3RD FLOOR, BANNOCKBURN, IL 60015
Preparer
Lewis Steinberg
Phone
8473740400
Supplemental Narrative

Additional Explanations

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

“Description: bank fees. Amount: 411. Description: insurance. Amount: 4,017. Description: production expenses. Amount: 32,924. Description: il state taxes. Amount: 185. Total to form 990-ez, line 16: 37,537.”

Raw XML Appendix135 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0CHRISTINA M SHAVER
IRS990EZ/BooksInCareOfDetail/PhoneNum03126199097
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0429 NORTH CANAL STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0606548800
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02138
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0865
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt047225
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-1273
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt010961
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02138
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0865
IRS990EZ/GrossReceiptsAmt047225
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02138
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0865
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02138
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0865
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRISTINA SHAVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JONATHAN SHAVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHERI SCHUELLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt037537
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0LIMITLESS FOUNDATION FOCUSES ITS CHARITABLE ACTIVITIES ON SUPPORTING THE ADVANCEMENT OF THE ARTS BY EMPOWERING AND CULTIVATING THE DEVELOPMENT OF INDEPENDENT FILMS WITHOUT SEGREGATION OR DISCRIMINATION AS TO AGE, DISABILITY, ETHNICITY, GENDER, NATIONALITY, RACE, SEXUAL IDENTITY, CREED OR RELIGION OF ITS BENEFICIARIES; AND TO MAKE ITS GRANTS AND FUNDS EITHER DIRECTLY TO OR FOR SAID PURPOSES, OR TO EXISTING INSTITUTIONS ENGAGED IN LIKE OR SIMILAR ACTIVITIES OR PROGRAMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FISCAL SPONSORSHIP PROGRAM FOR FILM PRODUCTION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt037299
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt048498
IRS990EZ/TotalProgramServiceExpensesAmt037299
IRS990EZ/TotalRevenueAmt047225
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt047225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt063500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0147326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0258051
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt094693
IRS990ScheduleA/SubstantialContributorsTotAmt0163358
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt047225
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt063500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0147326
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0258051
IRS990ScheduleA/TotalSupportAmt0258051
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK FEES. AMOUNT: 411. DESCRIPTION: INSURANCE. AMOUNT: 4,017. DESCRIPTION: PRODUCTION EXPENSES. AMOUNT: 32,924. DESCRIPTION: IL STATE TAXES. AMOUNT: 185. TOTAL TO FORM 990-EZ, LINE 16: 37,537.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTINA SHAVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03127544992
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIMITLESS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LIMI
ReturnHeader/Filer/EIN0863132917
ReturnHeader/Filer/PhoneNum03127544992
ReturnHeader/Filer/USAddress/AddressLine1Txt0429 N CANAL ST
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0606548800
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362929601
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FGMK LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02801 LAKESIDE DRIVE 3RD FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BANNOCKBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060015
ReturnHeader/PreparerPersonGrp/PhoneNum08473740400
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEWIS STEINBERG
ReturnHeader/ReturnTs02025-07-23T14:47:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.