Overview
What is A Better Chicago?
A Better Chicago is a nonprofit organization situated in the heart of Chicago, Illinois, specifically at 200 W Madison St 3rd floor. Committed to its mission, the organization offers financial grants to institutions that facilitate education, skill development, and credential attainment, empowering individuals to achieve their full potential. With a team of 20 dedicated employees, A Better Chicago strives to combat poverty in Chicago by backing innovative projects that create opportunities for its youth.
Official website here: www.abetterchicago.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
A Better Chicago has received a remarkable Four-Star rating from Charity Navigator, reflecting exemplary performance in accountability and finance. This high score is entirely based on their single beacon score, indicating that the organization meets rigorous standards in transparency and financial health.
The nonprofit boasts a fully independent board of 17 members, ensuring impartial governance. It has no recorded material diversion of assets and has excellent financial ratios, including an impressive 80.42% of expenses directed towards programs. The organization's fundraising efficiency is notable, with a cost of just $0.11 to raise a dollar, highlighting their effective resource management.
Overall, A Better Chicago's strong financial oversight and commitment to transparency foster trust among donors and stakeholders. While the data does not point out any specific limitations, the organization's ongoing success may depend on maintaining this level of accountability and program efficiency moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is A Better Chicago legitimate?
A Better Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Better Chicago submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $619,751
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,261,064
For more financial information, click here
Official website here: www.abetterchicago.org
What is the mission statement of A Better Chicago?
A Better Chicago's mission is centered around combating poverty in an innovative manner. The organization achieves this by investing in bold ideas that create opportunities for the city's youth. By providing financial grants, they empower individuals through education, skills, and credentials, enabling them to reach their full potential. This approach aims to transform the way Chicago tackles poverty.
Official website here: www.abetterchicago.org
Who is the CEO of A Better Chicago?
Elizabeth F Swanson is the Ceo of A Better Chicago. The CEO's salary of A Better Chicago is $374,565 and their total compensation is $390,415.
Official website here: www.abetterchicago.org
What is the revenue of A Better Chicago?
A Better Chicago's revenue in 2022 was $5,080,046.
Official website here: www.abetterchicago.org
Who are the executives of A Better Chicago and what are their salaries?
The average compensation at A Better Chicago during 2022 was $94,041. There are 20 employees and 130 volunteers at A Better Chicago.
Here are 22 key members and their salaries (A Better Chicago's CEO's salary is $374,565 and their total compensation is $390,415):
- Compensation: $374,565
- Related: $0
- Other: $15,850
- Compensation: $189,318
- Related: $0
- Other: $5,616
- Compensation: $177,280
- Related: $0
- Other: $12,004
- Compensation: $129,617
- Related: $0
- Other: $2,810
- Compensation: $111,532
- Related: $0
- Other: $10,020
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Official website here: www.abetterchicago.org
Where can I find the form 990 for A Better Chicago?
A Better Chicago's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.abetterchicago.org
Learn more at the official website: www.abetterchicago.org
Mission Statement of A Better Chicago
A Better Chicago is committed to transforming the way Chicago tackles poverty. This is achieved by investing in innovative ideas that create opportunities for its youth. By financing organizations that provide education, skills, and credentials, A Better Chicago empowers individuals to reach their full potential and break the cycle of poverty.
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Impact
October, 2024
A Better Chicago is transforming the landscape of opportunity for the city's youth by investing in innovative solutions to combat poverty. By providing financial grants to organizations focused on education, skills development, and credentialing, A Better Chicago empowers individuals to realize their potential. This strategic approach not only equips young people with the necessary tools to succeed but also fosters a more equitable community by reducing barriers to success. The organization's commitment to bold ideas is instrumental in reshaping how Chicago addresses systemic challenges, creating a ripple effect of positive change throughout the city.
This information is meant to be a general summary of A Better Chicago. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,711
- Gross Receipts: $5,535,675
Assets and Liabilities:
- Total Assets: $15,380,399
- Total Liabilities: $1,380,956
- Net Assets: $13,999,443
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Organization Details
Founding Year
2011
Phone
(312) 674-7066Principal Officer
Elizabeth F Swanson
Main Address
200 W Madison St 3rd floor, Chicago, IL, 60606
Website
www.abetterchicago.orgNTEE Category
Code: P20 - Human services
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