Overview
What is Chicago Collegiate Inc?
Chicago Collegiate Inc, located in Chicago, Illinois, is a nonprofit institution that operates the Chicago Collegiate Charter School. This school, situated in the Roseland community, is dedicated to preparing students from grades five to twelve for higher education. The school's mission is to equip these students with essential academic skills, intellectual habits, and character traits, enabling them to excel in their chosen colleges, contribute positively to their communities, and make a difference in the world. Chicago Collegiate Charter School employs a unique, expanded middle school program starting from grade five, which aims to address the literacy gap before students encounter the demands of a full middle school curriculum. Since its opening in 2013 with fourth and fifth-grade students, the school has grown to accommodate students up to grade twelve. With a workforce of 52 individuals, Chicago Collegiate Inc is committed to ensuring that 100% of its students secure acceptance into four-year colleges and universities, and complete their higher education within six years.
Official website here: www.chicagocollegiate.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Chicago Collegiate Inc has received a Three-Star rating from Charity Navigator, reflecting a commendable score of 81%. This rating is primarily based on the organization's strong performance in Accountability and Finance. The charity demonstrates a commitment to transparency and responsible financial management, highlighted by its independent board and robust oversight mechanisms.
Strengths of Chicago Collegiate Inc include a fully independent board, effective financial statements management, and the absence of any material diversion of assets. The organization excels in program expenses, with a significant 86.44% of its budget allocated towards programs, indicating a focus on direct impact. Additionally, they have established comprehensive policies regarding conflicts of interest and whistleblower protections, reinforcing their accountability framework.
While the rating is positive, it primarily reflects financial practices rather than evaluating the programmatic outcomes or impact of the charity's services. As such, potential donors may wish to look for additional information about the effectiveness and reach of their educational initiatives to gain a fuller understanding of the charity's overall performance and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago Collegiate Inc legitimate?
Chicago Collegiate Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Collegiate Inc 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: $299,613
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,994,796
For more financial information, click here
Official website here: www.chicagocollegiate.org
What is the mission statement of Chicago Collegiate Inc?
Chicago Collegiate Inc's mission is centered around equipping students in grades five through twelve with essential academic skills, intellectual habits, and character traits. The primary goal is to prepare these students to excel in the college of their choice. Furthermore, the institution aims to empower them to contribute positively to their communities and make a difference in the world. Chicago Collegiate Inc employs a unique approach, starting its expanded middle school at grade five, allowing it to address the literacy gap of its students before they face the demands of a full middle school curriculum. The school is committed to ensuring 100% of its students gain acceptance into four-year colleges and universities and graduate within six years.
Official website here: www.chicagocollegiate.org
Who is the CEO of Chicago Collegiate Inc?
Tracie Sanlin is the Board Chair of Chicago Collegiate Inc. The CEO's salary of Chicago Collegiate Inc is $148,008 and their total compensation is $153,924.
Official website here: www.chicagocollegiate.org
What is the revenue of Chicago Collegiate Inc?
Chicago Collegiate Inc's revenue in 2022 was $6,898,503.
Official website here: www.chicagocollegiate.org
Who are the executives of Chicago Collegiate Inc and what are their salaries?
The average compensation at Chicago Collegiate Inc during 2022 was $63,354. There are 52 employees and 10 volunteers at Chicago Collegiate Inc.
Here are 15 key members and their salaries (Chicago Collegiate Inc's CEO's salary is $148,008 and their total compensation is $153,924):
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- Compensation: $148,008
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- Other: $5,916
- Compensation: $137,962
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- Compensation: $126,125
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- Other: $5,755
- Compensation: $120,579
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- Other: $10,024
Official website here: www.chicagocollegiate.org
Where can I find the form 990 for Chicago Collegiate Inc?
Chicago Collegiate Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chicagocollegiate.org
Learn more at the official website: www.chicagocollegiate.org
Mission Statement of Chicago Collegiate Inc
Chicago Collegiate, a college-preparatory school, is committed to equipping students in grades five through twelve with the necessary academic skills, intellectual habits, and character traits to excel in their chosen college, contribute positively to their communities, and make a difference in the world. The institution's mission is to ensure that 100% of its students secure acceptance into four-year colleges and universities and graduate within six years. To achieve this, Chicago Collegiate employs an innovative, expanded middle school program that begins at grade five. This approach allows the school to address the literacy gap of its students before they face the demands of a rigorous middle school curriculum. Established in 2013, Chicago Collegiate initially welcomed students in grades four and five. It now extends its services to students up to grade twelve.
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Impact
July, 2024
Chicago Collegiate Inc's impact lies in its dedication to equipping students in grades five through twelve with the academic skills, intellectual habits, and character traits necessary to not only succeed in college but also to strengthen their communities and make a positive impact on the world. By focusing on college preparation from an early age and ensuring that students graduate and continue their education, Chicago Collegiate is playing a crucial role in breaking the cycle of limited opportunities for underserved youth in the Roseland community of Chicago. Through its unique approach and commitment to 100% college acceptance and graduation rates, Chicago Collegiate is actively shaping the future leaders of tomorrow and empowering them to reach their full potential.
This information is meant to be a general summary of Chicago Collegiate Inc. 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: -$3,691
- Program Service Revenue: $270,914
- Gross Receipts: $6,942,869
Assets and Liabilities:
- Total Assets: $2,823,733
- Total Liabilities: $1,811,259
- Net Assets: $1,012,474
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD PROGRAM
Revenue
$247,539
STUDENT FEES
Revenue
$23,375
Organization Details
Founding Year
2011
Phone
(773) 536-9098Principal Officer
Tracie Sanlin
Main Address
11816 S INDIANA AVENUE, CHICAGO, IL, 60628
Website
www.chicagocollegiate.orgNTEE Category
Code: B29 - Education
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