Overview
What is Chicago Charter School Foundation?
The Chicago Charter School Foundation is a nonprofit organization based in Chicago, Illinois, specifically at 11 EAST ADAMS 600, with a total of 749 employees. Their mission is to provide quality education for students in kindergarten through twelfth grade, operating 14 campus locations and serving 7,317 students as of FY June 30, 2022. The vibrant network of Chicago charter schools they oversee empowers students to succeed daily and sets them on a path to college and future accomplishments. The entrepreneurial educators at these schools are encouraged to innovate and pursue excellence, contributing to the overall success of the organization.
Official website here: www.chicagointl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%
The Chicago Charter School Foundation has achieved a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scores exceptionally well in several key areas, including having a fully independent board and robust financial oversight measures. These factors contribute to its high level of transparency and governance, assuring donors that their contributions are managed responsibly.
Strengths of the organization include a high program expense ratio of 81.92%, indicating that a significant portion of its resources is directed toward programs and services rather than administrative costs. Additionally, there are no noted material diversions of assets, further enhancing its credibility. The presence of comprehensive policies, such as conflict of interest and whistleblower protections, showcases a strong ethical framework.
However, while the organization performs well overall, there is a slightly lower score for the liabilities to assets ratio at 56.58%, suggesting that while it maintains a solid financial position, there may be some concerns about leverage or debt levels. Overall, the Chicago Charter School Foundation demonstrates strong performance and integrity, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago Charter School Foundation legitimate?
Chicago Charter School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Charter School Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,688,720
For more financial information, click here
Official website here: www.chicagointl.org
What is the mission statement of Chicago Charter School Foundation?
The Chicago Charter School Foundation's vibrant network of diverse charter schools empowers students to thrive daily and sets them on a path to college and lifelong success. This dynamic education community enables entrepreneurial educators to pursue excellence through innovation. The foundation provides educational opportunities to over 7,000 students in kindergarten through twelfth grade. Through its network of 14 campuses, Chicago Charter School Foundation enables students to flourish and prepares them for college and future careers.
Official website here: www.chicagointl.org
Who is the CEO of Chicago Charter School Foundation?
Kris Cheung is the President of Chicago Charter School Foundation. The CEO's salary of Chicago Charter School Foundation is $53,233 and their total compensation is $53,776.
Official website here: www.chicagointl.org
What is the revenue of Chicago Charter School Foundation?
Chicago Charter School Foundation's revenue in 2022 was $126,920,103.
Official website here: www.chicagointl.org
Who are the executives of Chicago Charter School Foundation and what are their salaries?
The average compensation at Chicago Charter School Foundation during 2022 was $79,691. There are 749 employees and 8 volunteers at Chicago Charter School Foundation.
Here are 26 key members and their salaries (Chicago Charter School Foundation's CEO's salary is $53,233 and their total compensation is $53,776):
- Compensation: $198,905
- Related: $0
- Other: $35,296
- Compensation: $169,631
- Related: $0
- Other: $12,928
- Compensation: $166,948
- Related: $0
- Other: $11,996
- Compensation: $151,126
- Related: $0
- Other: $14,123
- Compensation: $130,472
- Related: $0
- Other: $23,213
- Compensation: $136,380
- Related: $0
- Other: $17,254
- Compensation: $134,342
- Related: $0
- Other: $17,781
- Compensation: $144,606
- Related: $0
- Other: $6,933
- Compensation: $135,237
- Related: $0
- Other: $6,131
- Compensation: $129,879
- Related: $0
- Other: $9,056
- Compensation: $110,226
- Related: $0
- Other: $23,797
- Compensation: $126,810
- Related: $0
- Other: $0
- Compensation: $113,335
- Related: $0
- Other: $5,351
- Compensation: $103,432
- Related: $0
- Other: $8,705
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $68,415
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $53,233
- Related: $0
- Other: $543
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chicagointl.org
Where can I find the form 990 for Chicago Charter School Foundation?
Chicago Charter School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chicagointl.org
Learn more at the official website: www.chicagointl.org
Mission Statement of Chicago Charter School Foundation
Chicago Charter School Foundation, a vibrant network of diverse charter schools, is dedicated to empowering students in Chicago to thrive every day and setting them on a path to success in college and life. By providing educational opportunities to over 7,000 students in kindergarten through twelfth grade, this organization enables entrepreneurial educators to pursue excellence through innovation.
Chicago Charter School Foundation's mission comes alive as it creates an ecosystem that fosters growth and progress for its students. Each campus location within the network offers a nurturing and supportive environment, enabling students to overcome challenges and reach their full potential. The foundation empowers educators to innovate and deliver high-quality education, ensuring that students are prepared for the future.
Moreover, the Chicago Charter School Foundation prides itself on being a hub for diverse charter schools. This diversity enriches the learning experience for students, fostering a community where they can learn from one another and grow into well-rounded individuals. With a focus on putting students on a path to success, the foundation equips them with the knowledge and skills they need to excel in their academic pursuits and beyond. Empowering entrepreneurial educators, the foundation encourages innovation and allows them to create unique educational experiences for their students.
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Impact
October, 2024
The Chicago Charter School Foundation has a significant impact on the educational landscape in Chicago, operating a network of diverse charter schools that serves 7,317 students from kindergarten through grade twelve. This foundation creates an environment where students can thrive daily, preparing them for success in both college and life. By fostering a vibrant hub of educational opportunities, it empowers entrepreneurial educators to embrace innovation and excellence in teaching.
Through its 14 campus locations, the foundation addresses the unique educational needs of the community, ensuring that students receive a quality education tailored to various learning styles and backgrounds. The focus on diversity within the schools enriches the learning experience, promoting a sense of inclusivity and understanding among students. This not only supports academic achievement but also helps in developing well-rounded individuals who are equipped to face the challenges of the future.
This information is meant to be a general summary of Chicago Charter School Foundation. 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: $778,751
- Program Service Revenue: $7,521,730
- Gross Receipts: $145,999,536
Assets and Liabilities:
- Total Assets: $120,200,318
- Total Liabilities: $71,020,650
- Net Assets: $49,179,668
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL LUNCH PROGRAM
Revenue
$6,547,138
STUDENT FEES, BOOKSTORE, EXTENDED
Revenue
$974,592
Organization Details
Founding Year
1997
Phone
(312) 651-5000Principal Officer
Kris Cheung
Main Address
11 EAST ADAMS 600, CHICAGO, IL, 60603
Website
www.chicagointl.orgNTEE Category
Code: B20 - Education
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