Project Simeon 2000
- Assets
- $115.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/1991
- Data as of
- 12/2021
- EIN
- 36-3877991
Organization Overview
Project Simeon 2000 is located in Chicago, IL. The organization was established in 1991. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Simeon 2000 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Project Simeon 2000 generated $85.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $42.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SUPPORT SERVICES ARE PROVIDED TO SIMEON CAREER ACADEMY STUDENTS AND OTHER MEMBERS OF THE SURROUNDING COMMUNITY. INCOME IS PROVIDED BY SUBLEASING SPACE WITHIN THE CORPORATE OFFICES TO OTHER ENTITIES AND INDIVIDUALS FOR TRAINING SESSIONS, SEMINARS, MEETINGS AND OTHER FUNCTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Michael Johnson II Executive Director | 10 | $0 | |
Ysmin K Johnson Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,171 |
| Total Program Service Revenue | $30,274 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9 |
| Total Revenue | $85,454 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $11,819 |
| Occupancy, rent, utilities, and maintenance | $10,311 |
| Printing, publications, postage, and shipping | $9,404 |
| Other expenses | $3,239 |
| Total expenses | $42,942 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,494 |
| Other assets | $0 |
| Total assets | $115,547 |
| Total liabilities | $66,994 |
| Net assets or fund balances | $48,553 |
Peer Organizations
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|---|---|---|
Indiana University Alumni Association Inc Bloomington, IN | $31,479,674 | $10,109,353 |
Center For Advanced Studies In Business Inc Madison, WI | $9,461,883 | $6,530,338 |
University Of Wisconsin Medical Alumni Association Inc Madison, WI | $0 | $0 |
The University Of Illinois Alumni Association Urbana, IL | $29,310,021 | $6,588,632 |
Purdue Alumni Association Inc Memorial Union Building West Lafayette, IN | $28,454,716 | $5,513,832 |
Iowa State University Alumni Association Ames, IA | $19,372,302 | $3,613,244 |
University Of Kentucky Alumni Association Inc Lexington, KY | $23,880,056 | $3,849,544 |
University Of Missouri Alumni Assn Columbia, MO | $16,718,552 | $3,263,310 |
University Of Northern Iowa Alumni Association Cedar Falls, IA | $0 | $679,804 |
University Of The Philippines Medical Alumni Society In America Lafayette, IN | $12,245,411 | $1,758,364 |
Western Kentucky University Alumni Association Inc Bowling Green, KY | $10,394,906 | $2,845,412 |
Northern Illinois University Alumni Association Dekalb, IL | $2,687,455 | $1,196,387 |