Civic Intelligence

Limitless Foundation

990EZ • Fiscal year 2023 • EIN 86-3132917

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

Organization ProfileN/A
429 N Canal StChicago, IL 60654-8800

(312) 754-4992

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

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

Liabilities / Revenue

59th percentile

0.00x

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

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

Net Margin

50th percentile

3.3%

Higher net margin than 50% 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

100th percentile

5115%

Faster asset growth than 100% of similar nonprofits.

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

Revenue Growth

9th percentile

-57%

Faster revenue growth than 9% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$2,138

Up $2,097 (+5115%) from 2022

Net Assets

Up

$2,138

Up $2,097 (+5115%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin50th percentile

Revenue

Down

$63,500

Down $83,826 (-57%) from 2022

Expenses

Down

$61,403

Down $85,882 (-58%) from 2022

Net Income

Up

$2,097

Up $2,056 (+5015%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$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

2023

Assets$2,138
Liabilities$0
Net Assets$2,138
Open 2023 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income across loaded years, with this 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

2023

Revenue$63,500
Expenses$61,403
Net Income$2,097
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 26, 2024
Return Version
2023v5.1
Gross Receipts
$63,500
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$39,687
Compensation and Service Providers
Top Officer Pay78th 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
2024-07-26
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: 228. Description: insurance. Amount: 4,724. Description: production expenses. Amount: 36,568. Total to form 990-ez, line 16: 41,520.”

Raw XML Appendix133 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/BOYAmt041
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02138
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt063500
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt02097
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt019883
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt041
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02138
IRS990EZ/GrossReceiptsAmt063500
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt041
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02138
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt041
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02138
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/OtherExpensesTotalAmt041520
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/ProgramServiceExpensesAmt039687
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/TotalExpensesAmt061403
IRS990EZ/TotalProgramServiceExpensesAmt039687
IRS990EZ/TotalRevenueAmt063500
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt063500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0147326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0210826
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt090917
IRS990ScheduleA/SubstantialContributorsTotAmt0119909
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt063500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0147326
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0210826
IRS990ScheduleA/TotalSupportAmt0210826
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: 228. DESCRIPTION: INSURANCE. AMOUNT: 4,724. DESCRIPTION: PRODUCTION EXPENSES. AMOUNT: 36,568. TOTAL TO FORM 990-EZ, LINE 16: 41,520.
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/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTINA SHAVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03127544992
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-26
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/PreparationDt02024-07-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEWIS STEINBERG
ReturnHeader/ReturnTs02024-08-09T16:27:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
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
$2,138
Liabilities
$0
Net assets
$2,138
Revenue
$63,500
Expenses
$61,403
Net income
$2,097
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