Nonprofit screen
Screen a listThe Chicago Scholars Foundation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$5.0Mrevenue
FY2025 · −30% in 3 yrs119staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−51.5%
Months of reserve4.0mo
Revenue growth (annualized)+0.5%
Middle half of peersMedianChicago Scholars
Where the money goes FY2025 · $7.6M spent
Programs$5.3M70%Management and general$1.4M18%Fundraising$950k13%990 FY2025 · Part IX line 25
Worth checking2
Government grants fell 94% in FY2023
$1.4M in FY2022, $81k in FY2023.
990 Part VIIIDeficits in 3 of the last 3 years
−$987k in FY2023, −$1.1M in FY2024 and −$2.6M in FY2025. Cash covers 4.0 months, above the peer median of 3.9.
990 Part I and balance sheetIn its favor1
Strong governance
36 of 36 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI117funders
$3.8Ma year, last 3 years
13%from its largest funder
Funder’17’18’19’20’21’22’23Caerus Foundation IncSince FY2019$1.1M$400k$200k$250k$250kBest Portion FoundationOn and off$120k$315k$380k$265k$512k$524kA Better ChicagoSince FY2020$275k$250k$250k$250kFulk Family Foundation IncStopped after FY2020$250k$250k$250k$250k–Balyasny Foundation IncSince FY2021$255k$700k$7kPritzker FoundationOn and off$600k$200k$100kDonor-advised giftsDonors not disclosed$267k$307k$459k$586k$590k$1.7M$1.4M81 other fundersUp to $500k a year each$72k$104k$213k$581k$1.2M$1.1M$1.5M
FundedThrough a donor-advised fundStopped