2025-09-03T16:13:53-05:00 2024-12-31 390432630 QUARLES & BRADY LLP 155 N WACKER DRIVE SUITE 3200 CHICAGO IL 60606 990 2024-01-01 363666973 FIRST ANALYSIS INSTITUTE OF INTEGRATIVE STUDIES FIRS 3122581400 ONE SO WACKER DRIVE SUITE 3900 CHICAGO IL 60606 F OLIVER NICKLIN JR PRESIDENT 3122581400 2025-09-03 1 1 PATRICK J BITTERMAN P01285813 3127155000 2024 2025-03-06 01:10:19Z F OLIVER NICKLIN JR ONE S WACKER DRIVE SUITE 3900 CHICAGO IL 60606 294843 0 X INTEGRATIVESTUDIES.COM X 1989 IL INSTITUTE OFFERS CLASSES AND SEMINARS THAT ARE OPEN TO INTERESTED INDIVIDUALS. 5 5 0 0 54419 52223 737990 135784 0 0 800784 60479 214905 98580 1753679 294843 0 0 0 0 0 0 0 0 0 185803 263277 185803 263277 1567876 31566 5488909 5536283 0 15688 5488909 5520595 TO OFFER EDUCATIONAL PROGRAMS FOR EXPLORING INTEGRATIVE MODELS THAT DRAW UPON PLATONIC OR NEO-PLATONIC REASONING BUT THAT ALSO IMPOSE THE DISCIPLINE OF ARISTOTELIAN REASONING; AND TO EXPLORE IMPORTANT ISSUES FROM THE STANDPOINT OF CHRISTIANITY, ISLAM AND JUDAISM. 0 0 169701 INSTITUTE OFFERS SEMINARS AND EDUCATIONAL PROGRAMS THAT ARE OPEN TO ANY INTERESTED INDIVIDUAL AND SUPPORTS EDUCATIONAL RELATED RESEARCH 169701 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 1 1 1 1 0 0 0 1 1 0 1 1 1 0 0 0 IL X F OLIVER NICKLIN JR 3122581400 ONE S WACKER DRIVE SUITE 3900 CHICAGO IL 60606 X F OLIVER NICKLIN JR PRESIDENT, TREASURER, DIRE 2.00 X X 0 0 0 JEROME P WAGNER DIRECTOR 1.00 X 0 0 0 SARAH M LINSLEY DIRECTOR, SECRETARY 0.20 X X 0 0 0 CLAIRE NICKLIN DIRECTOR 1.00 X 0 0 0 DAVID M JAGLOWSKI DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 135784 131784 135784 60228 60228 251 0 251 251 251 ORDINARY BUSINESS INCO 900099 54419 54419 PASSTHROUGH ENTITY INC 900099 44161 44161 98580 294843 0 54419 104640 X 7420 3710 3710 12118 12118 19529 19529 6344 6344 FEDERAL TAX PAYMENTS 65524 65524 TEACHING COMPENSATION ( 37000 37000 LUMEN CHRISTI INSTITUTE 35000 35000 COFAN SURVIVAL FUND 20000 20000 60342 36000 24342 263277 169701 93576 0 X 22129 816 5466780 5535467 5488909 5536283 15688 0 15688 X 2874076 2974376 0 0 2614833 2546219 5488909 5520595 5488909 5536283 X 31566 123 -3 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 67,700 SH-12/31/24 FIRST ANALYSIS STOCK-BOOK VALUE AT TIME OF GIFT 2974376 C INTEREST IN FIRST ANALYSIS VENTURE OPERATION & RESEARCH LLC 2561091 C 5535467 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NOTICE IS PUBLISHED ON THE INSTITUTE'S HOME PAGE AT INTEGRATIVESTUDIES.COM AS TO RACIALLY NONDISCRIMINATORY POLICY PER REV. PROC 2019-22 X 1 100350 BOOKVALUETIMEOFGIFT X 1 31484 BOOKVALUETIMEOFGIFT 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 GARY H KLINE RESIGNED IN 2020 AND WAS REPLACED BY SARAH M LINSLEY A RETIRED PARTNER OF QUARLES & BRADY LLP, WAS ONE OF THE DIRECTORS AND AN OFFICER OF THE INSTITUTE, WAS AFFLIATED WITH THE LAW FIRM OF QUARLES & BRADY LLP, WHICH HAS BEEN ONE OF THE LAW FIRMS UTILIZED FOR LEGAL SERVICES BY FIRST ANALYSIS CORPORATION, OF WHICH F. OLIVER NICKLIN JR, WHO IS A DIRECTOR AND THE PRESIDENT OF THE INSTITUTE, IS ALSO PRESIDENT AND THE MAJORITY SHAREHOLDER. SARAH M LINSLEY IS A RETIRED PARTNER WITH THE FIRM OF QUARLES & BRADY LLP. QUARLES & BRADY LLP ALSO PROVIDES LEGAL SERVICES TO THE INSTITUTE, AND TO MR. NICKLIN. CLAIRE NICKLIN IS THE DAUGHTER OF F. OLIVER NICKLIN, JR. THE BOARD OF DIRECTORS OF THE INSTITUTE CONSISTS OF FIVE INDIVIDUALS. THERE ARE AT PRESENT NO BOARD COMMITTEES AND THEREFORE THERE ARE NO MINUTES OF ANY BOARD COMMITTEE MEETINGS. THE INSTITUTE'S DIRECTORS WERE ASKED TO REVIEW ITS CURRENT YEARS FORM 990 BEFORE IT WAS FILED AND TO MAKE SUGGESTIONS WITH RESPECT THERETO. THE INSTITUTE HAS ONE MEMBER, F. OLIVER NICKLIN JR, WHO AS SOLE MEMBER, HAS THE POWER TO ELECT THE INSTITUTE'S BOARD OF DIRECTORS AND TO ELECT MEMBER(S). ALSO, BOARD OF DIRECTORS ACTIONS AS TO CERTAIN TYPES OF EXTRAORDINARY MATTERS, SUCH AS MERGERS, CONSOLIDATIONS, DISSOLUTION AND EXTRAORDINARY ASSET SALES ARE SUBJECT TO MEMBER(S) APPROVAL. FORM 990, PART VI, SECTION A, LINE 6 THE INSTITUTE HAS ONE MEMBER, F OLIVER NICKLIN JR, WHO AS SOLE MEMBER, HAS THE POWER TO ELECT THE INSTITUTE'S BOARD OF DIRECTORS AND TO ELECT MEMBER(S). ALSO, BOARD OF DIRECTORS ACTIONS AS TO CERTAIN TYPES OF EXTRAORDINARY MATTERS, SUCH AS MERGERS, CONSOLIDATIONS, DISSOLUTION AND EXTRAORDINARY ASSET SALES ARE SUBJECT TO MEMBER(S) APPROVAL. FORM 990, PART VI, SECTION A, LINE 7A THE INSTITUTE HAS ONE MEMBER, F OLIVER NICKLIN JR, WHO AS SOLE MEMBER, HAS THE POWER TO ELECT THE INSTITUTE'S BOARD OF DIRECTORS AND TO ELECT MEMBER(S). ALSO, BOARD OF DIRECTORS ACTIONS AS TO CERTAIN TYPES OF EXTRAORDINARY MATTERS, SUCH AS MERGERS, CONSOLIDATIONS, DISSOLUTION AND EXTRAORDINARY ASSET SALES ARE SUBJECT TO MEMBER(S) APPROVAL. FORM 990, PART VI, SECTION A, LINE 7B THE INSTITUTE HAS ONE MEMBER, F OLIVER NICKLIN JR, WHO AS SOLE MEMBER, HAS THE POWER TO ELECT THE INSTITUTE'S BOARD OF DIRECTORS AND TO ELECT MEMBER(S). ALSO, BOARD OF DIRECTORS ACTIONS AS TO CERTAIN TYPES OF EXTRAORDINARY MATTERS, SUCH AS MERGERS, CONSOLIDATIONS, DISSOLUTION AND EXTRAORDINARY ASSET SALES ARE SUBJECT TO MEMBER(S) APPROVAL. FORM 990, PART VI, SECTION A, LINE 8B BECAUSE OF THE PRESENT SMALLNESS OF THE ORGANIZATION, THE INSTITUTE DOES NOT HAVE COMMITTEES AND THEREFORE FOR THIS QUESTION, THE TAX SOFTWARE REQUIRES A YES OR NO ANSWER AND AN ANSWER OF NO HAS BEEN PLACED FOR THIS QUESTION. FORM 990, PART VI, SECTION B, LINE 11B THE INSTITUTE'S DIRECTORS WERE ASKED TO REVIEW ITS CURRENT YEARS FORM 990 BEFORE IT WAS FILED AND TO MAKE SUGGESTIONS WITH RESPECT THERETO. FORM 990, PART VI, SECTION B, LINE 12C BECAUSE OF THE PRESENT SMALLNESS OF THE ORGANIZATION, THE INSTITUTE HAS BEEN ABLE TO INFORMALLY MONITOR THE SITUATION AS TO IMPERMISSIBLE CONFLICTS OF INTEREST AND HERETOFORE HAS NOT HAD ANY FORMAL MONITORING AS TO AVOIDING CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 PAGE 6, PART VI, SECTION B POLICIES -QUESTIONS 15A AND 15B-THESE QUESTIONS ARE REQUIRED TO HAVE A YES OR NO ANSWER BY THE TAX SOFTWARE, EVEN THOUGH THIS QUESTION SHOULD BE LEFT BLANK. HOWEVER IT IS ANSWERED NO TO SATISFY THE SOFTWARE REQUIREMENTS. PART VI SECTION B QUESTION 16A - THE ORGANIZATION DID NOT PARTICIPATE IN A JOINT VENTURE IN A TAXABLE ENTITY. THE ORGANIZATION IS A PASSIVE MEMBER OF A LIMITED LIABILITY COMPANY, FIRST ANALYSIS VENTURE OPERATIONS IN RESEARCH LLC, THE INTERESTS IN WHICH WERE DONATED TO THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 18 THE INSTITUTE WILL MAKE AVAILABLE TO INTERESTED PERSONS COPIES OF FORM 990 AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 BECAUSE OF THE PRESENT SMALLNESS OF THE ORGANIZATION, THE INSTITUTE HAS BEEN ABLE TO INFORMALLY MONITOR THE SITUATION AS TO IMPERMISSIBLE CONFLICTS OF INTEREST AND HERETOFORE HAS NOT HAD FORMAL MONITORING AS TO AVOIDING CONFLICTS OF INTEREST. THE INSTITUTE WILL MAKE AVAILABLE TO INTERESTED PERSONS COPIES OF ITS GOVERNING INSTRUMENT, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC F OLIVER NICKLIN JR - ONE S WACKER DRIVE SUITE 3900, CHICAGO, IL 60606. JEROME P WAGNER - 2755 LINCOLNWOOD DR, EVANSTON, IL 60201. SARAH M LINSLEY - 155 NORTH WACKER DRIVE STE 3200, CHICAGO, IL 60606. CLAIRE NICKLIN - C/O S LINSLEY 155 NORTH WACKER DRIVE STE 3200, CHICAGO, IL 60606. DAVID M JAGLOWSKI - C/O S LINSLEY 155 NORTH WACKER DRIVE STE 3200, CHICAGO, IL 60606. FORM 990, PART IX, LINE 24E ILLINOIS TAX PAYMENTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 17,669. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,669. UNIV OF ILLINOIS AT CHICAGO: PROGRAM SERVICE EXPENSES 15,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,000. FUNDACION CULTURAL OCHO Y MEDIO: PROGRAM SERVICE EXPENSES 8,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,000. FIRST ANALYSIS VENTURE OPERATIONS LLC: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,673. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,673. CHILDREN OF ABRAHAM COALITION: PROGRAM SERVICE EXPENSES 5,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,000. TEMPLE SHOLOM: PROGRAM SERVICE EXPENSES 2,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,000. THE PRAYER CENTER: PROGRAM SERVICE EXPENSES 2,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,000. SAINT PAUL'S BENEVOLENT EDUCATIONAL MISSIONARY INSTITUTE: PROGRAM SERVICE EXPENSES 2,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,000. SEMINAR MATERIALS & SECURITY: PROGRAM SERVICE EXPENSES 1,965. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,965. FILING FEES: PROGRAM SERVICE EXPENSES 26. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26. POSTAGE : PROGRAM SERVICE EXPENSES 9. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9. FOOTNOTE #1 FORM 990 PAGE 11 PART X LINE 12 SHARES OF CLASS B COMMON STOCK OF FIRST ANALYSIS CORPORATION (BOOK VALUE AT TIME OF GIFT TREATED AS BOOK VALUE IN THE HANDS OF FIRST ANALYSIS INSTITUTE OF INTEGRATIVE STUDIES-CURRENT BOOK VALUE AT $119.47 PER SHARE AS OF DECEMBER 31,2024 WAS $8,088,119. FAIR MARKET VALUE BELIEVED TO BE LESS.) FOOTNOTE #2 FORM 990 PAGE 9 PART X LINE 7B PRIOR TO 2021 COST BASIS OF SHARES SOLD WAS BASED ON A SPECIFIC IDENFICATION METHOD. IN 2021, AVERAGE COST METHOD WAS USED (AND IN FUTURE YEARS WILL BE USED) TO DETERMINE COST BASIS. IN 2021 THIS RESULTED IN A LARGER GAIN REPORTED. IN 2024 NO SHARES WERE SOLD. FORM 990, PART XI, LINE 9: ROUNDING -3.