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

Peter Claver Center FY2022 filing

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Helps Will County residents improve their finances through teaching, counseling, and coaching. For fiscal year 2022 it reported $324 in revenue, $33K in expenses, and $450K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Joliet, IL
Website
www.peterclavercenter.com
Filings
4 on file (2020–2022)
Revenue
$324FY2022
Expenses
$33K
Net assets
$450K
People
9
Filings
4
Updates
0
More identity details & actions ⌄
EIN  36-2978227 Public charity (501(c)(3)) Joliet, IL
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2023) →
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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
Money in and out
$324 revenue, $33K expenses
Bottom line
80% program efficiency
Where the money goes · FY2022
Total revenue
$324
Pt VIII · Ln 12
Total expenses
$33K
Pt IX · Ln 25
Net assets
$450K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$32K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Program efficiency
80%
of spending reaches programs
Operating runway
0.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-10008%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$324
FY2022▼ -98%
Expenses
$33K
FY2022▼ -18%
Total assets
$464K
FY2022▼ -5%
Total liabilities
$14K
FY2022▲ +188%
Total revenue
$324
Pt VIII · Ln 12
Total expenses
$33K
Pt IX · Ln 25
Net assets
$450K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$32K
Total assetsPt X · Ln 16$464K
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
$0Pt 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 202 <$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 $26K of program spending, described in the organization's own filed words · FY2022.
01

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

$17Kprogram expense
02

After school tutoring of lower income children from the area.

$9Kprogram expense
03

Holiday food distribution-paused for current year

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants100%$324
Total revenueLn 12$324

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%$26K
Management & general20%$7K
Total functional expensesLn 25$33K

Balance Sheet

Part X · end of year
CashLn 1$1K
Total assetsLn 16$464K
Total liabilitiesLn 26$14K
Total net assetsLn 32$450K
Months of cash on handcomputed0.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1K · Operating expenses/yr $33K
0.4 months
Where the money goes
Program services
Program services $26K · Total expenses $33K
80%
Management & General
Management & general $7K · Total expenses $33K
20%
Fundraising
Fundraising $0 · Total expenses $33K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $16K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $324 · Total revenue $324
100%
Government reliance
Government grants — · Total revenue $324
Earned-income share
Program service revenue $0 · Total revenue $324
0%
Investment reliance
Investment income $0 · Total revenue $324
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $33K
0%
Growth & trend
Revenue growth (YoY)
This year $324 · Prior year $20K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $450K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $324 · Expenses $33K
-10008%
Liabilities-to-Assets
Total liabilities — · Total assets $464K
Net-asset ratio
Net assets $450K · Total assets $464K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $464K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Peggy Mitchell · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $33K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $33K
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 -98%

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 · ⤓ 990 PDF
FY2022$324 revenue · viewing · ⤓ 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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