Spf-Ii-Mc FY2024 filing

Dixon, IL · Public charity (501(c)(3)) · Since 1999 · Crime & Legal

✓ Tax-deductible
Revenue
$102K
-9% vs prior year
Spent
$141K
To programs
60%
Net assets
−$187K
By yearFY2020–FY2024
Revenue
$102K
FY2024▼ -9%
Revenue by fiscal year
FY2020$110K
FY2021$96K
FY2022$122K
FY2023$113K
FY2024$102K
FY2024$112K
Expenses
$141K
FY2024▲ +3%
Expenses by fiscal year
FY2020$115K
FY2021$107K
FY2022$113K
FY2023$137K
FY2024$141K
FY2024$138K
Net assets
−$187K
FY2024▼ -26%
Net assets by fiscal year
FY2020−$122K
FY2021−$133K
FY2022−$124K
FY2023−$148K
FY2024−$187K
FY2024−$212K

From the FY2024 Form 990 (year ending June 2024) · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CSpf-Ii-Mc
EINHdr · item D36-4284545
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFFeb 2000
Year of formationHdr · item L1999
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CDixon, IL
NTEE classificationIRS BMFCrime & Legal (I20)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.40
Program services60%$85K
Management & general40%$56K
Total functional expensesLn 25$141K

Financial health

Is it on solid ground?

Program efficiency
60%
of spending reaches programs
Operating runway
8.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-38%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$484K
FY2024▼ -8%
Total assets by fiscal year
FY2020$552K
FY2021$540K
FY2022$550K
FY2023$524K
FY2024$484K
FY2024$465K
Total liabilities
$671K
FY2024-0.1%
Total liabilities by fiscal year
FY2020$673K
FY2021$673K
FY2022$674K
FY2023$672K
FY2024$671K
FY2024$678K
Revenue less expensesPt I · Ln 19−$39K
Total assetsPt X · Ln 16$484K
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$95K
Total assetsLn 16$484K
Total liabilitiesLn 26$671K
Total net assetsLn 32−$187K
Months of cash on handcomputed8.1

Statement of Revenue

Part VIII
Program service revenue$101K · 99%
Other revenue$799 · 1%
Program service revenue99%$101K
Other revenue1%$799
Investment income$116
Total revenueLn 12$102K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $95K · Operating expenses/yr $141K
8.1 months
Where the money goes
Program services
Program services $85K · Total expenses $141K
60%
Management & General
Management & general $56K · Total expenses $141K
40%
Fundraising
Fundraising $0 · Total expenses $141K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $102K
0%
Government reliance
Government grants — · Total revenue $102K
—
Earned-income share
Program service revenue $101K · Total revenue $102K
99%
Investment reliance
Investment income $116 · Total revenue $102K
+0.1%
Program self-sufficiency
Program service revenue $101K · Total expenses $141K
72%
Growth & trend
Revenue growth (YoY)
This year $102K · Prior year $113K
-9%
Revenue CAGR
FY2019 $110K · FY2023 $102K
-2%
Net-asset trend (YoY)
End of year −$187K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $102K · Expenses $141K
-38%
Liabilities-to-Assets
Total liabilities — · Total assets $484K
—
Net-asset ratio
Net assets −$187K · Total assets $484K
-39%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $484K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Patrick M Phelan · Reported title CHAIRPERSON · Highest reported compensation $0 · Total expenses $141K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $24K · Total expenses $141K
17%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 60%——
Overhead ratio 40%——
Revenue growth -9%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chairperson
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Spf-Ii-Mc executive salaries →

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Governance & Policies

Part VI
  • 6Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides affordable housing for people with disabilities.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $85K of program spending, described in the organization's own filed words · FY2023.
01

Providing low income housing to disabled adults

$85Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Viewing $102K$141K-9% 990 PDF
FY2023 $113K$137K-8% 990 PDF
FY2022 $122K$113K+28% 990 PDF
FY2021 $96K$107K-13% 990 PDF
FY2020 $110K$115K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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