Civic Intelligence

Chicago Foundation for Education

EIN 36-3429023 • 501(c)3 • LaGrange Park, IL

Profile

The Chicago Foundation for Education (CFE) is an Illinois education non-profit organization established in 1985. CFE supports PreK through 12th grade Chicago Public School educators with leadership, growth, and grant opportunities that translate into enhanced learning experiences for students.

19 Brewster AveLaGrange Park, IL 60526

www.cfegrants.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

7th percentile

-162%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

20th percentile

-40%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

11th percentile

-71%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$115,642

Down $371,852 (-76%) from 2022

Liabilities

Down

$3,504

Down $15,597 (-82%) from 2022

Net Assets

Down

$112,138

Down $356,255 (-76%) from 2022

Revenue

Down

$99,500

Down $76,572 (-43%) from 2022

Expenses

Up

$463,190

Up $2,135 (+0.5%) from 2022

Net Income

Down

-$363,690

Down $78,707 (-28%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2012: $1,134,506Liabilities 2012: $105,497Net Assets 2012: $1,029,0092012Assets 2013: $1,161,009Liabilities 2013: $72,438Net Assets 2013: $1,088,5712013Assets 2014: $1,384,185Liabilities 2014: $75,502Net Assets 2014: $1,308,6832014Assets 2015: $1,364,699Liabilities 2015: $60,770Net Assets 2015: $1,303,9292015Assets 2016: $1,250,837Liabilities 2016: $36,728Net Assets 2016: $1,214,1092016Assets 2017: $1,306,129Liabilities 2017: $50,988Net Assets 2017: $1,255,1412017Assets 2018: $1,167,022Liabilities 2018: $54,569Net Assets 2018: $1,112,4532018Assets 2019: $936,001Liabilities 2019: $43,838Net Assets 2019: $892,1632019Assets 2020: $849,106Liabilities 2020: $77,546Net Assets 2020: $771,5602020Assets 2021: $817,585Liabilities 2021: $16,731Net Assets 2021: $800,8542021Assets 2022: $487,494Liabilities 2022: $19,101Net Assets 2022: $468,3932022Assets 2023: $115,642Liabilities 2023: $3,504Net Assets 2023: $112,1382023

Highlighted filing

2023

Assets$115,642
Liabilities$3,504
Net Assets$112,138

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2012: $805,5832012Expenses 2013: $841,9292013Revenue 2014: $1,046,489Expenses 2014: $871,173Net Income 2014: $175,3162014Revenue 2015: $782,147Expenses 2015: $767,030Net Income 2015: $15,1172015Revenue 2016: $725,324Expenses 2016: $802,078Net Income 2016: -$76,7542016Revenue 2017: $721,801Expenses 2017: $739,228Net Income 2017: -$17,4272017Revenue 2018: $612,670Expenses 2018: $752,554Net Income 2018: -$139,8842018Revenue 2019: $535,275Expenses 2019: $748,259Net Income 2019: -$212,9842019Revenue 2020: $436,649Expenses 2020: $586,883Net Income 2020: -$150,2342020Revenue 2021: $598,885Expenses 2021: $645,132Net Income 2021: -$46,2472021Revenue 2022: $176,072Expenses 2022: $461,055Net Income 2022: -$284,9832022Revenue 2023: $99,500Expenses 2023: $463,190Net Income 2023: -$363,6902023

Highlighted filing

2023

Revenue$99,500
Expenses$463,190
Net Income-$363,690

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 3, 2023
Return Version
2022v5.0
Gross Receipts
$99,500
Mission and Program Overview

Mission

The Chicago Foundation for Education (CFE) is an Illinois education non-profit organization established in 1985. CFE supports PreK through 12th grade Chicago Public School educators with leadership, growth, and grant opportunities that translate into enhanced learning experiences for students.

To improve & enhance educational experiences provided in Chicago's public elementary schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$288,317--
Savings and Temporary Cash Investments$136,273--
Cash and Non-Interest-Bearing Accounts$62,904$115,642▲ $52,738
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$487,494$115,642▼ $371,852
Liabilities
Accounts Payable and Accrued Expenses$19,101$3,504▼ $15,597
Total Liabilities$19,101$3,504▼ $15,597
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$468,393$112,138▼ $356,255
Total Net Assets Fund Balance$468,393$112,138▼ $356,255
Total Liabilities and Net Assets / Fund Balance$487,494$115,642▼ $371,852

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$45,320$45,320
Equipment$0$9,408$9,408
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah H KnightCo-Executive DirectorFT$111,419$258$111,677
Kristin M HardyCo-Executive DirectorFT$29,405-$29,405

Board Members and Trustees

NameTitle
Michael PatockChairperson
Talbott BaldwinVice Chairperson
Alex KmickewyczDirector
Brian DuweDirector
Chris SantiagoDirector
Jen KobayashiDirector
Mary Beth CanfieldDirector
Tony HobanDirector
Tricia HagenahDirector
Rebecca WattsSecretary
Chris SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$95,513
Program Service Revenue
$0
Investment Income
$3,985
Other Revenue
$2
All Other Contributions
$95,513
Change in Net Assets
$-363,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$269,864
Salaries, Compensation, and Employee Benefits$130,372
Total Fundraising Expense$76,791
Other Expenses$62,954
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$269,864--$269,864
Current Officers, Directors, Trustees, and Key Employees$53,567$6,882$60,252$120,701
Fees for Services Accounting$9,473$1,019$9,608$20,100
Information Technology$14,162--$14,162
Fees for Services Other$5,959$4,462-$10,421
Other Expenses-$10,165-$10,165
Payroll Taxes$4,292$491$4,888$9,671
Insurance$1,586$170$1,609$3,365
Conferences and Meetings$2,548--$2,548
Office Expenses$30$1,158$36$1,224
Occupancy$393$42$398$833
Travel-$136-$136
Total Functional Expenses$361,874$24,525$76,791$463,190
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The 990 was provided to the Board of Directors, via email, prior to filing.

Form 990, Part VI, Section B, line 12C

The officers review disclosures and address as appropriate to the situation.

Form 990, Part VI, Section C, line 19

Requests for governing documents are handled on a case by case basis. Financial statements are posted on the Illinois Attorney General's website.

Filing and Contact Details

Filer

Filer Name
Chicago Foundation for Education
EIN
36-3429023
Phone
3123050029
Address
19 Brewster Ave, LaGrange Park, IL 60526

Signing Officer

Name
Sarah Hoppe-Knight
Title
Co-Executive Director
Phone
3123050029
Signed
2023-10-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Hoppe-Knight
Formed
1985
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
2
Volunteers
30

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Ave, Chicago, IL 60643
Preparer
Jason L Gierhahn
Phone
7737794720
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IRS990/ProgSrvcAccomActy2Grp/Desc0Action Research Leadership Institute - develop the analytical capacity and leadership potential of Chicago's most outstanding educators. Participants conduct action research projects with students in their schools, with a keen focus on improving student experiences and enhancing success. Fellows are provided opportunities to share data and resulting policy recommendations with colleagues and other Chicago-area education leaders.
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IRS990/PYInvestmentIncomeAmt07554
IRS990/PYOtherExpensesAmt082563
IRS990/PYOtherRevenueAmt050
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-284983
IRS990/PYSalariesCompEmpBnftPaidAmt0200789
IRS990/PYTotalExpensesAmt0461055
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0176072
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-363690
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0136273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt095513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0168468
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0586933
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0414009
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0481241
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01746164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03985
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011837
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt019112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030550
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt073038
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt011463
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0115
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01167
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85870
IRS990ScheduleA/PublicSupportPY170Pct00.86140
IRS990ScheduleA/PublicSupportTotal170Amt01563191
IRS990ScheduleA/SubstantialContributorsTotAmt0182973
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt095513
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0168468
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0586933
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0414009
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0481241
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01746164
IRS990ScheduleA/TotalSupportAmt01820369
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09408
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09408
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt045320
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt045320
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0255764
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt17100
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt27000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Educator Impact Fund
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Study Group Grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Action Research Leadership Institute Fellowships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3Small Grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4TST Impact Grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt059
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt17
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt214
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grant applications are submitted to Chicago Foundation for Education for review by 3-5 committee members. Grants are awarded by the committee. Grants are monitored through winners attending mandatory meetings, submitting receipts of used grant money, and/or with a final grant report.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 was provided to the Board of Directors, via email, prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The officers review disclosures and address as appropriate to the situation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Requests for governing documents are handled on a case by case basis. Financial statements are posted on the Illinois Attorney General's website.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0487494
IRS990/TotalAssetsEOYAmt0115642
IRS990/TotalAssetsGrp/BOYAmt0487494
IRS990/TotalAssetsGrp/EOYAmt0115642
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt095513
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt076791
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024525
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0361874
IRS990/TotalFunctionalExpensesGrp/TotalAmt0463190
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019101
IRS990/TotalLiabilitiesEOYAmt03504
IRS990/TotalLiabilitiesGrp/BOYAmt019101
IRS990/TotalLiabilitiesGrp/EOYAmt03504
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0468393
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0112138
IRS990/TotalOtherCompensationAmt0258
IRS990/TotalOtherProgSrvcExpenseAmt010462
IRS990/TotalProgramServiceExpensesAmt0361874
IRS990/TotalReportableCompFromOrgAmt0140824
IRS990/TotalRevenueGrp/ExclusionAmt03985
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt099500
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0487494

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