Peter Claver Center EIN 36-2978227 Form 990 (PDF) Claim this org

Peter Claver Center

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Helps Will County residents improve their finances through teaching, counseling, and coaching. For fiscal year 2023 it reported $-11K in revenue, $133K in expenses, and $135K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Joliet, IL
Website
www.peterclavercenter.com
Filings
4 on file (2020–2023)
Revenue
$-11KFY2023
Expenses
$133K
Net assets
$135K
People
9
Filings
4
Updates
0
More identity details & actions ⌄
EIN  36-2978227 Public charity (501(c)(3)) Joliet, IL
Form 990 (PDF)
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Size
<$100K
What they do
Helps Will County residents improve their finances through teaching, counseling, and coaching.
Leadership
Peggy Mitchell · President · $100K
Money in and out
$-11K revenue, $133K expenses
Bottom line
80% program efficiency
Where the money goes · FY2023
Total revenue
$-11K
Pt VIII · Ln 12
Total expenses
$133K
Pt IX · Ln 25
Net assets
$135K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$143K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Program efficiency
80%
of spending reaches programs<0.01% vs prior filing year
Operating runway
12.2mo
months of highly liquid reserves at operating expense rate▲ ×30 vs prior filing year
Goes to people
81%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$-11K
FY2023▼ -3427%
Expenses
$133K
FY2023▲ +305%
Total assets
$135K
FY2023▼ -71%
Total liabilities
$0
FY2023▼ -100%
Total revenue
$-11K
Pt VIII · Ln 12
Total expenses
$133K
Pt IX · Ln 25
Net assets
$135K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$143K
Total assetsPt X · Ln 16$135K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPeter Claver Center
EINHdr · item D36-2978227
Principal addressHdr · item CJoliet, IL
WebsiteHdr · item Jwww.peterclavercenter.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P300)
Ruling yearIRS BMFAug 1978

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$100,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Peggy Mitchell’s $100K as President is at the 97th percentile of top reported officer pay among 203 <$100K human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Mission & Programs · Part III

Where the work happens

3 program services account for $106K of program spending, described in the organization's own filed words · FY2023.
01

Instruction of lower income children in the arts of karate at no charge.

$71Kprogram expense
02

After school tutoring of lower income children from the area.

$35Kprogram expense
03

Holiday food distribution-paused for current year

Pt IX · col B

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Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$106K
Management & general20%$27K
Total functional expensesLn 25$133K

Balance Sheet

Part X · end of year
CashLn 1$135K
Total assetsLn 16$135K
Total liabilitiesLn 26$0
Total net assetsLn 32$135K
Months of cash on handcomputed12.2

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $135K · Operating expenses/yr $133K
12.2 months
Where the money goes
Program services
Program services $106K · Total expenses $133K
80%
Management & General
Management & general $27K · Total expenses $133K
20%
Fundraising
Fundraising $0 · Total expenses $133K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $7K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $5 · Total revenue $-11K
Government reliance
Government grants — · Total revenue $-11K
Earned-income share
Program service revenue $0 · Total revenue $-11K
Investment reliance
Investment income $-11K · Total revenue $-11K
Program self-sufficiency
Program service revenue $0 · Total expenses $133K
0%
Growth & trend
Revenue growth (YoY)
This year $-11K · Prior year $324
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $135K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $-11K · Expenses $133K
Liabilities-to-Assets
Total liabilities — · Total assets $135K
Net-asset ratio
Net assets $135K · Total assets $135K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $135K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Peggy Mitchell · Reported title PRESIDENT · Highest reported compensation $100K · Total expenses $133K
75%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $108K · Total expenses $133K
81%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Fundraising cost ratio 0%
Revenue growth -3427%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$33

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$-11K revenue · viewing · ⤓ 990 PDF
FY2022$324 revenue · ⤓ 990 PDF
FY2021$20K revenue · ⤓ 990 PDF
FY2020$28K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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