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CHICAGO FARMERS SCHOLARSHIP FUND INC: Form 990EZ, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CHICAGO FARMERS SCHOLARSHIP FUND INC (EIN 47-1044819)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-09-23
IRS object ID
202122669349200922
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-09-23T14:44:59-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362239746PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SASSETTI LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16611 NORTH AVENUEAddressLine1Txt
CityOAK PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60302ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN471044819EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CHICAGO FARMERS SCHOLARSHIPBusinessNameLine1Txt
Business Name Line2FUND INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCHICBusinessNameControlTxt
Phone3123883276PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1332 S MICHIGAN C-110 NO 1032AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60604ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALAN GUNNPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3123883276PhoneNum
Signature2021-09-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstALANPersonFirstNm
Person LastGUNNPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFF SCHROEDERPreparerPersonNm
PTINP01245303PTIN
Phone7083861433PhoneNum
Preparation2021-09-16PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Website AddressWWW.CHICAGOFARMERS.COMWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$20,349GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$19,610ContributionsGiftsGrantsEtcAmt
Investment Income$739InvestmentIncomeAmt
Total Revenue$20,349TotalRevenueAmt
Grants And Similar Amounts Paid$11,500GrantsAndSimilarAmountsPaidAmt
Other Expenses Total$25OtherExpensesTotalAmt
Total Expenses$11,525TotalExpensesAmt
Excess Or Deficit For Year$8,824ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$85,696NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$94,520NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$35,389BOYAmt
EOY$23,475EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$50,307BOYAmt
EOY$71,045EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$85,696BOYAmt
EOY$94,520EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$85,696BOYAmt
EOY$94,520EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTO PROVIDE SCHOLARSHIPS TO STUDENTS THAT ARE IN DEGREE PROGRAMS FOCUSED ON AGRICULTURAL AND LIFE SCIENCES EDUCATIONPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomTO PROVIDE SCHOLARSHIPS TO STUDENTS THAT ARE IN DEGREE PROGRAMS FOCUSED ON AGRICULTURAL AND LIFE SCIENCES EDUCATIONDescriptionProgramSrvcAccomTxt
Grants And Allocations$11,500GrantsAndAllocationsAmt
Program Service Expenses$11,500ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$11,500TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (10 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MARK THORNDYKE
PAST PRESIDENT2.00$0$0$0
ALAN GUNN
PRESIDENT2.00$0$0$0
C RYAN TRACY
VICE PRESIDENT2.00$0$0$0
LANDON FRYE
SECRETARY2.00$0$0$0
JAMI COX
TREASURER2.00$0$0$0
MICHAEL HAPP
DIRECTOR2.00$0$0$0
RYAN TATE
DIRECTOR2.00$0$0$0
LAURA SMITH
DIRECTOR2.00$0$0$0
JOHN RUTLEDGE
DIRECTOR2.00$0$0$0
DAVID OPPEDAHL
DIRECTOR2.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonGLATZ MANAGEMENT SERVICESPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1332 S MICHIGAN C-110 NO 1032AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60604ZIPCd
FieldValueIRS element (for citing)
Phone3123883276PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$23,780CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,155CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,320CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,915CurrentTaxYearMinus1YearAmt
Current Tax Year$19,610CurrentTaxYearAmt
Total$100,780TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$23,780CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,155CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,320CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,915CurrentTaxYearMinus1YearAmt
Current Tax Year$19,610CurrentTaxYearAmt
Total$100,780TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,000CurrentTaxYearMinus1YearAmt
Current Tax Year$7,000CurrentTaxYearAmt
Total$39,500TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,000CurrentTaxYearMinus1YearAmt
Current Tax Year$7,000CurrentTaxYearAmt
Total$39,500TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$61,280PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$207CurrentTaxYearMinus1YearAmt
Current Tax Year$739CurrentTaxYearAmt
Total$946TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$207CurrentTaxYearMinus1YearAmt
Current Tax Year$739CurrentTaxYearAmt
Total$946TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$23,780CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,155CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,320CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,122CurrentTaxYearMinus1YearAmt
Current Tax Year$20,349CurrentTaxYearAmt
Total$101,726TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.60240PublicSupportCY509Pct
Public Support PY5090.58130PublicSupportPY509Pct
Investment Income CY0.00930InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOMEDESCRIPTION: DIVIDENDS. AMOUNT: 739.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: CHICAGO HIGH SCHOOL FOR AG SCIENCE. GRANTEE ADDRESS: 3857 W. 111TH STREET CHICAGO, IL 60655. DATE OF GIFT: 05/19/20. AMOUNT GIVEN: 1,000.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: ILLINOIS AGRICULTURAL LEADERSHIP FOUNDATION. GRANTEE ADDRESS: 100 S. CAMPBELL MACOMB, IL 61455. DATE OF GIFT: 05/19/20. AMOUNT GIVEN: 1,500.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: PURDUE UNIVERSITY. GRANTEE ADDRESS: 610 PURDUE MALL WEST LAFAYETTE, IN 47907. DATE OF GIFT: 05/19/20. AMOUNT GIVEN: 1,500.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: IOWA STATE UNIVERSITY. GRANTEE ADDRESS: 138 CURTISS HALL AMES, IA 50011. DATE OF GIFT: 05/19/20. AMOUNT GIVEN: 1,500.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: UNIVERSITY OF WISCONSIN. GRANTEE ADDRESS: 1450 LINDEN DRIVE MADISON, WI 53706. DATE OF GIFT: 05/19/20. AMOUNT GIVEN: 1,500.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: UNIVERSITY OF ILLINOIS. GRANTEE ADDRESS: 1101 S. GOODWIN AVE URBANA, IL 61801. DATE OF GIFT: 05/19/20. AMOUNT GIVEN: 1,500.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: JOLIET JUNIOR COLLEGE. GRANTEE ADDRESS: 1215 HOUBOLT ROAD JOLIET, IL 60431. DATE OF GIFT: 05/19/20. AMOUNT GIVEN: 1,500.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: ILLINOIS AGRICULTURE IN THE CLASSROOM. GRANTEE ADDRESS: 1701 TOWANDA AVENUE BLOOMINGTON, IL 61701. DATE OF GIFT: 05/19/20. AMOUNT GIVEN: 1,500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 11,500.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: FEES. AMOUNT: 25.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETSDESCRIPTION: VANGUARD INVESTMENT ACCOUNT. BEG. OF YEAR AMOUNT: 50,307. END OF YEAR AMOUNT: 71,045.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE 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.DeclarationDesc

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