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Illinois · Nonprofit

AFTER SCHOOL MATTERS INC

AFTER SCHOOL MATTERS INC (Illinois) receives grants from 152 organizations whose IRS filings report $32,045,140 to it, the largest being HOBSONLUCAS FAMILY FOUNDATION ($5,944,323). 91 of them have funded it in more than one year.

Revenue FY2025
$48M
Funders on record
152
Grants received
$32M
Net assets
$70M
91/152 repeat funderspeak grant-dependency 18%
01What it does

What After School Matters Inc does

Mission

To provide chicago public high school teens opportunities to explore and develop their talents, while gaining critical skills for work, college and beyond. We achieve our mission by: -designing and delivering high quality, hands-on, project-based apprenticeship programs in a variety of content areas, including the arts, science, sports, technology and communications. -engaging skilled professionals as instructors who support teens' growth and development in an intentional and meaningful way. -aligning and maximizing the resources of an extensive network of public-private partnerships to support coordinated and sustainable investment in youth development through school and community-based programming. -focusing on continuous quality improvement, data-driven and cost-effective decisions, strengthening skills to encourage improved academic outcomes, and positive impacts for teens, schools and communities we serve.

As stated on its FY2025 Form 990.

Program

  1. This year, after school matters ran 1,645 high-quality programs that provided 24,000+ opportunities to 17,000+ teens across the city of chicago. These paid afterschool and summer opportunities provided chicago high school teens with a space to explore their passions and develop their talents in the arts, communications and leadership, sports, and stem. Through project-based programs led by industry experts, teens gained independence and essential life skills for work, college, and beyond. Programs take place during the critical hours after school and during the summer months when teens are otherwise most vulnerable. More than 96% of our teens identify as a person of color, and nearly three in four live in a high-poverty community. 92% of teens reported participating in asm made them more hopeful about their future. 97% of asm graduating seniors reported having plans for after graduation with 87% planning to attend college or a trade/vocational program. After school matters has become a vital part of chicago through our tens of thousands of impactful program opportunities at sites throughout the city including at chicago public schools, chicago park district and chicago public…

    $33,647,697 spentof which $6,079,313 as grants$18,509 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $33,647,697.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($26M) Expenses 100 ($28M) Net assets 100 ($27M)2018 Revenue 153 ($39M) Expenses 109 ($30M) Net assets 149 ($40M)2019 Revenue 155 ($40M) Expenses 163 ($45M) Net assets 128 ($34M)2020 Revenue 112 ($29M) Expenses 106 ($29M) Net assets 168 ($45M)2021 Revenue 125 ($32M) Expenses 101 ($28M) Net assets 178 ($47M)2022 Revenue 153 ($39M) Expenses 109 ($30M) Net assets 236 ($63M)2023 Revenue 151 ($39M) Expenses 131 ($37M) Net assets 238 ($64M)2024 Revenue 147 ($38M) Expenses 137 ($38M) Net assets 220 ($59M)2025 Revenue 190 ($48M) Expenses 147 ($41M) Net assets 261 ($70M)
'17'18'19'20'21'22'23'24'25
Revenue (190)Expenses (147)Net assets (261)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $64M to $78M (+22%).

$32M
$45M
$46M
$57M
$60M
$68M
$69M
$64M
$78M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 66% · 2018 49% · 2019 59% · 2020 77% · 2021 75% · 2022 65% · 2023 70% · 2024 80% · 2025 68%. Grants only. Government contracts and fees sit inside program revenue.

99% of AFTER SCHOOL MATTERS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$2.3M
’17
$8.5M
’18
−$5.7M
’19
−$815k
’20
$3.8M
’21
$8.6M
’22
$1.9M
’23
−$519k
’24
$7.5M
’25
2.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Mary E Caron

Chief executive officer

Board chair

Mellody Hobson

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed272928303641413939
Joined·+6+1+3+9+8+7+5+8
No longer listed·42133778
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 32 funders to 58 funders, grant income rose $1.3M → $3.6M.

19 of 152 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $4.8M from 5 payers (the payer shares this organization's board, largest The Chicago Community Trust); $25k from one payer (an institutional transfer, not a grant programme, largest Conagra Brands Foundation). These are real filings, and they are not money AFTER SCHOOL MATTERS INC raised.

From the IRS filings of AFTER SCHOOL MATTERS INC’s funders (the co-funder graph). Top 30 of 152 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AFTER SCHOOL MATTERS INC has a broad base — no single funder exceeds 19% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

19%
largest funder
39%
top three
~14
effective funders

Largest funder’s share by year: 2017 46% · 2018 59% · 2019 39% · 2020 13% · 2021 45% · 2022 55% · 2023 21% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

46% of AFTER SCHOOL MATTERS INC's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

58% of AFTER SCHOOL MATTERS INC's grant income comes from Illinois funders.

WA
MN
IL
WI
MI
NY
MA
IA
PA
NJ
CT
CA
KY
MD
DE
NC
DC
OK
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $3.7M arriving through sponsors registered in 14 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

AFTER SCHOOL MATTERS INC runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin16% · top quartile
Months of reserve2.8mo · below the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like AFTER SCHOOL MATTERS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 12%Fundraising 5%

Governance

26
board members
96%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

94%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 1 related entity

  • Asm Qalicb Inc - · exempt

Screen this organization

A dated, signed PDF of the compliance screen for AFTER SCHOOL MATTERS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AFTER SCHOOL MATTERS INC?
AFTER SCHOOL MATTERS INC (Illinois) receives grants from 152 organizations whose IRS filings report $32,045,140 to it, the largest being HOBSONLUCAS FAMILY FOUNDATION ($5,944,323). 91 of them have funded it in more than one year.
How many funders does AFTER SCHOOL MATTERS INC have?
IRS filings report 152 organizations giving $32,045,140 in grants to AFTER SCHOOL MATTERS INC, 91 of which have funded it in more than one year.
Who is the largest funder of AFTER SCHOOL MATTERS INC?
HOBSONLUCAS FAMILY FOUNDATION is the largest funder on record, with $5,944,323 in grants. The full list of funders is on this page.
How can an organization like AFTER SCHOOL MATTERS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 152 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing