Overview
What is Chicago Literacy Alliance C/O Cla Abc?
Chicago Literacy Alliance C/O Cla Abc is a nonprofit organization located at 10 S LASALLE STREET 3300, Chicago, IL 60603. Their primary mission is to enhance literacy in the Chicago area by fostering collaboration among its 120+ member organizations. This alliance aims to amplify the collective impact of its members, envisioning a future where 100% of Chicago's residents are functionally literate. The organization operates out of a shared workspace, LiteraCenter, which offers resources and amenities such as meeting facilities, conference rooms, classrooms, event spaces, and full office support. This hub provides a platform for literacy organizations in various stages of development to connect and collaborate with experts and fellow members. By doing so, the Chicago Literacy Alliance aims to strengthen their collective efforts towards improving literacy in the Chicago community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating. This rating indicates that Chicago Literacy Alliance C/O Cla Abc has a solid level of accountability and financial health, though it does not achieve the highest rating. The overall score is derived solely from a single beacon focused on accountability and finance.
The organization demonstrates a strong commitment to governance, with 100% independent board members and a well-sized board of 15 independent members. Additionally, there are no reported issues regarding the diversion of assets, and the charity has comprehensive policies in place for conflict of interest, whistleblower protections, and document retention. This strong structural integrity is reflected in its high scores across governance-related metrics.
While the program expense ratio is commendable at 66.61%, it falls slightly short of the top tier in terms of efficiency. This suggests that while a majority of its funds are directed towards programs, there may be room for improvement in maximizing program expenditures relative to total expenses. Overall, the Chicago Literacy Alliance showcases a responsible approach to governance and fiscal management.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago Literacy Alliance C/O Cla Abc legitimate?
Chicago Literacy Alliance C/O Cla Abc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Literacy Alliance C/O Cla Abc 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: $85,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,743
For more financial information, click here
What is the mission statement of Chicago Literacy Alliance C/O Cla Abc?
The Chicago Literacy Alliance, an association comprising over 120 member organizations, is committed to improving literacy in the community. Their mission is to boost the collective impact of these organizations by fostering collaboration and providing opportunities for effective and creative partnerships. Their ultimate vision is a future where 100% of residents in the area are functionally literate, and literacy serves as a defining characteristic and source of pride for the community. The Alliance strives to enhance the combined effectiveness of its member agencies, contributing to a literate and thriving community.
Who is the CEO of Chicago Literacy Alliance C/O Cla Abc?
Ken Bigger is the Principal Officer of Chicago Literacy Alliance C/O Cla Abc.
What is the revenue of Chicago Literacy Alliance C/O Cla Abc?
Chicago Literacy Alliance C/O Cla Abc's revenue in 2022 was $1,315,004.
Who are the executives of Chicago Literacy Alliance C/O Cla Abc and what are their salaries?
There 20 volunteers at Chicago Literacy Alliance C/O Cla Abc.
Here are 18 key members and their salaries:
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Where can I find the form 990 for Chicago Literacy Alliance C/O Cla Abc?
Chicago Literacy Alliance C/O Cla Abc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chicago Literacy Alliance C/O Cla Abc
The Chicago Literacy Alliance, an association comprising over 120 member organizations, is committed to improving literacy across Chicago. Recognizing the importance of collaboration, the Alliance aims to amplify the impact of its community's literacy organizations. By fostering creative and effective collaboration, the Chicago Literacy Alliance envisions a future where 100% of Chicago's residents are functionally literate. This shared literacy would serve as a defining characteristic and source of pride for the city. The Alliance's mission is to leverage the collective strength and expertise of its members to create a literate Chicago, ensuring that literacy needs are met for individuals of all ages and backgrounds.
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Impact
July, 2024
Chicago Literacy Alliance C/O Cla Abc's impact is focused on improving literacy in Chicago by driving collaboration and increasing the impact of the community's literacy organizations. Through initiatives like Literacenter, a nonprofit shared workspace exclusively for literacy organizations in all stages of development, they provide a platform for members to connect with experts and each other. This shared workspace offers amenities like tech-enabled meeting facilities, conference rooms, and classrooms, creating a conducive environment for collaboration and innovation. By bringing together over 120 member organizations dedicated to meeting literacy needs for people of all ages and backgrounds, Chicago Literacy Alliance aims to work towards a future where 100% of Chicagoland residents are functionally literate, making literacy a defining characteristic and point of pride for the city.
This information is meant to be a general summary of Chicago Literacy Alliance C/O Cla Abc. 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: $239
- Program Service Revenue: $280,711
- Gross Receipts: $1,315,004
Assets and Liabilities:
- Total Assets: $320,999
- Total Liabilities: $4,100,933
- Net Assets: -$3,779,934
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME AND REIM
Revenue
$233,450
MEMBERSHIP DUES
Revenue
$47,261
Organization Details
Founding Year
2012
Phone
(312) 263-4141Principal Officer
Ken Bigger
Main Address
10 S LASALLE STREET 3300, CHICAGO, IL, 60603
NTEE Category
Code: P20 - Human services
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