A Better Chicago
- Assets
- $21.3m
- Revenue
- $14.7m
- Investments
- $0.0
- Employees
- 20
- Location
- Chicago, IL
- Founding
- 04/2011
- Data as of
- 12/2021
- EIN
- 27-4499625
Organization Overview
A Better Chicago is located in Chicago, IL. The organization was established in 2011. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, A Better Chicago employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Better Chicago is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, A Better Chicago generated $14.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $8.5m during the year ending 12/2021. While expenses have increased by 18.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, A Better Chicago has awarded 79 individual grants totaling $11,160,482. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A BETTER CHICAGO IS CHANGING HOW CHICAGO FIGHTS POVERTY BY INVESTING IN BOLD IDEAS THAT CREATE OPPORTUNITY FOR OUR YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN LINE WITH THE ORGANIZATION'S MISSION AND VALUES, A BETTER CHICAGO PROVIDED FINANCIAL GRANTS TO ORGANIZATIONS THAT ARE EQUIPPING PEOPLE WITH EDUCATION, SKILLS AND CREDENTIALS TO EMPOWER THEM TO REACH THEIR POTENTIAL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Swanson CEO | Officer | 50 | $358,230 |
Kelly Jones Chief External Relations Off. | Officer | 50 | $187,940 |
Becky Betts Chief Marketing Officer | 50 | $143,572 | |
Domonique Battle Portfolio Director | 50 | $124,615 | |
Marshana Pace Director Of Investments | 50 | $91,147 | |
Walter Mccloskey CFO | Officer | 50 | $76,958 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,729,494 |
| Noncash contributions included in lines 1a–1f | $257,775 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,729,494 |
| Total Program Service Revenue | $0 |
| Investment income | $7,951 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,013 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,727,432 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,606,950 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $623,128 |
| Compensation of current officers, directors, key employees. | $224,075 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,249,644 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $151,522 |
| Payroll taxes | $136,514 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $304,730 |
| Advertising and promotion | $79,068 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $203,666 |
| Travel | $2,907 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,757 |
| Insurance | $5,978 |
| All other expenses | $30,914 |
| Total functional expenses | $8,507,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,410,920 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,804,757 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $104,504 |
| Net Land, buildings, and equipment | $19,711 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,826 |
| Other assets | $0 |
| Total assets | $21,342,718 |
| Accounts payable and accrued expenses | $292,443 |
| Grants payable | $3,905,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,197,443 |
| Net assets without donor restrictions | $5,798,848 |
| Net assets with donor restrictions | $11,346,427 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,342,718 |
Grants Awarded
Over the last fiscal year, A Better Chicago has awarded $5,230,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: COMMUNITY DEVELOPMENT | $470,000 |
Chicago, IL PURPOSE: Community Development | $380,000 |
Boston, MA PURPOSE: Community Development | $325,000 |
Wheeling, IL PURPOSE: COMMUNITY DEVELOPMENT | $300,000 |
Chicago, IL PURPOSE: COMMUNITY DEVELOPMENT | $275,000 |
Chicago, IL PURPOSE: Community Development | $250,000 |
Grants Recieved
Over the last fiscal year, we have identified 31 grants that A Better Chicago has recieved totaling $3,505,985.
| Awarding Organization | Amount |
|---|---|
Fulk Family Foundation Inc Chicago, IL PURPOSE: GENERAL SUPPORT | $1,000,000 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: PROGRAM SUPPORT | $500,000 |
Margot And Thomas Pritzker Family Foundation Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: PROGRAM SUPPORT | $250,000 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: PROGRAM SUPPORT | $250,000 |
J S Frank Foundation Deerfield, IL PURPOSE: GENERAL FUND RAISING | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Human Resources Development Institute Inc Chicago, IL | $14,371,854 | $24,270,043 |
Assyrian National Council Of Illinois Chicago, IL | $17,237,581 | $21,046,154 |
Mid Sioux Opportunity Inc Remsen, IA | $5,070,371 | $19,629,808 |
Casa Central Social Services Corporation Chicago, IL | $9,927,456 | $19,199,758 |
Central Missouri Community Action Columbia, MO | $7,094,173 | $19,692,460 |
Wheeler Mission Ministries Inc Indianapolis, IN | $56,135,021 | $28,744,599 |
Daniel Boone Community Action Agency Inc Manchester, KY | $8,884,267 | $15,954,203 |
Interlocal Community Action Program Inc New Castle, IN | $2,890,464 | $16,696,928 |
Loaves & Fishes Community Services Naperville, IL | $11,205,502 | $18,895,989 |
Wabash Center Inc Lafayette, IN | $13,437,721 | $16,787,564 |
Northeast Kentucky Community Action Agency Inc Olive Hill, KY | $1,572,064 | $16,034,107 |
Chaddock Quincy, IL | $570,922 | $15,390,482 |