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Illinois · Nonprofit

ECONOMIC AWARENESS COUNCIL

ECONOMIC AWARENESS COUNCIL (Illinois) receives grants from 17 organizations whose IRS filings report $2,460,781 to it, the largest being The Chicago Community Trust ($885,000). 12 of them have funded it in more than one year.

Revenue FY2025
$955k
Funders on record
17
Grants received
$2.5M
Net assets
$764k
12/17 repeat funderspeak grant-dependency 75%
01What it does

What Economic Awareness Council does

Mission

Prepare students and families for the economic and financial decisions they will make both today and tomorrow. Meeting the needs of families and youth with limited resources is emphasized.

As stated on its FY2025 Form 990.

Programs

  1. Bank On Chicago, applied young adult and adult financial capability

    $290,000 spent$450,265 earned by the program
    42% of program spending
  2. Financial capability for youth employees

    $100,000 spent$153,422 earned by the program
    15% of program spending
  3. Programs for youth in care

    $83,500 spent$92,616 earned by the program
    12% of program spending
  4. Other youth programs

    $214,268 spent$243,193 earned by the program
    31% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $687,768.

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 ($287k) Expenses 100 ($236k) Net assets 100 ($76k)2018 Revenue 90 ($259k) Expenses 97 ($230k) Net assets 145 ($111k)2019 Revenue 98 ($283k) Expenses 133 ($314k) Net assets 104 ($80k)2020 Revenue 169 ($486k) Expenses 148 ($350k) Net assets 282 ($215k)2021 Revenue 155 ($444k) Expenses 156 ($367k) Net assets 431 ($329k)2022 Revenue 156 ($448k) Expenses 166 ($391k) Net assets 506 ($387k)2023 Revenue 196 ($564k) Expenses 195 ($459k) Net assets 644 ($492k)2024 Revenue 234 ($672k) Expenses 263 ($620k) Net assets 712 ($544k)2025 Revenue 332 ($955k) Expenses 311 ($734k) Net assets 1001 ($764k)
'17'18'19'20'21'22'23'24'25
Revenue (332)Expenses (311)Net assets (1001)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 $546k to $777k (+42%).

$86k
$115k
$87k
$258k
$335k
$392k
$509k
$546k
$777k
'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

89% of ECONOMIC AWARENESS COUNCIL’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$52k
’17
$29k
’18
−$32k
’19
$136k
’20
$77k
’21
$57k
’22
$105k
’23
$52k
’24
$221k
’25
13
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

Tracy Frizzell

Executive Director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed111212131210111110
Joined·+1+1+1+0+3+4+0+3
No longer listed·01015304
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 6 funders, grant income rose $95k → $421k.

5 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 46% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ECONOMIC AWARENESS COUNCIL’s funders (the co-funder graph). 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

ECONOMIC AWARENESS COUNCIL leans on a few funders — its largest provides 36% of grant income and the top three 75%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

81% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ECONOMIC AWARENESS COUNCIL.

36%
largest funder
75%
top three
~4
effective funders

Largest funder’s share by year: 2017 79% · 2018 80% · 2019 64% · 2020 44% · 2021 36% · 2022 60% · 2023 59% — 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

36% of ECONOMIC AWARENESS COUNCIL's funders are still giving 3 years after their first grant; 71% 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

ECONOMIC AWARENESS COUNCIL draws 89% of its grant income from funders outside Illinois, across 9 states in all.

MN
IL
NY
OH
CA
MO
DE
AZ
NC

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. $1.1M arriving through sponsors registered in 5 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

ECONOMIC AWARENESS COUNCIL runs a healthier operating margin than three-quarters of the 16,849 education nonprofits its size.

Operating margin23% · top quartile
Months of reserve12.6mo · above the median
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like ECONOMIC AWARENESS COUNCIL

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

94% of spending goes to programs.

Program 94%Management 5%Fundraising 1%

Governance

10
board members
80%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

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

Screen this organization

A dated, signed PDF of the compliance screen for ECONOMIC AWARENESS COUNCIL: 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 ECONOMIC AWARENESS COUNCIL?
ECONOMIC AWARENESS COUNCIL (Illinois) receives grants from 17 organizations whose IRS filings report $2,460,781 to it, the largest being The Chicago Community Trust ($885,000). 12 of them have funded it in more than one year.
How many funders does ECONOMIC AWARENESS COUNCIL have?
IRS filings report 17 organizations giving $2,460,781 in grants to ECONOMIC AWARENESS COUNCIL, 12 of which have funded it in more than one year.
Who is the largest funder of ECONOMIC AWARENESS COUNCIL?
The Chicago Community Trust is the largest funder on record, with $885,000 in grants. The full list of funders is on this page.
How can an organization like ECONOMIC AWARENESS COUNCIL 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 17 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 14, 2026. What this page cannot tell you · view filing