Chicago Lights
- Assets
- $1.4m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 61
- Location
- Chicago, IL
- Founding
- 11/1991
- Data as of
- 12/2021
- EIN
- 36-3786331
Organization Overview
Chicago Lights is located in Chicago, IL. The organization was established in 1991. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Chicago Lights employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Lights 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, Chicago Lights generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE OCHICAGO LIGHTS BUILDS BRIGHTER FUTURES FOR CHICAGO'S YOUTH AND ADULTS THROUGH SUPPORTIVE RELATIONSHIPS AND LIFE-CHANGING PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHICAGO LIGHTS TUTORING MATCHES 300 STUDENTS ONE-TO-ONE WITH CARING VOLUNTEER MENTORS TO HELP THEM BUILD ACADEMIC AND SOCIAL-EMOTIONAL SKILLS, GRADUATE FROM HIGH SCHOOL, AND PURSUE MEANINGFUL CAREERS.
THE CHICAGO LIGHTS SOCIAL SERVICE CENTER HELPS 1,300 ADULTS ACHIEVE INDIVIDUAL GOALS THROUGH CASE MANAGEMENT AND ENRICHMENT GROUPS, PLUS APPOINTMENTS FOR FOOD, CLOTHING, HOUSING CASE MANAGEMENT, AND OTHER RESOURCES.
THE CHICAGO LIGHTS URBAN FARM IS DEDICATED TO CULTIVATING A THOUGHTFUL AND ENGAGED COMMUNITY OF YOUTH AND ADULTS THROUGH EDUCATIONAL AND ECONOMIC OPPORTUNITIES, HANDS-ON LEARNING EXPERIENCES, AND ACCESS TO FRESH, LOCAL, AFFORDABLE, AND SUSTAINABLY GROWN PRODUCE. IT ALSO PROVIDES A SAFE SANCTUARY AND PROGRAMS FOR YOUTH AND YOUNG ADULTS TO LEARN ABOUT URBAN AGRICULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Jackson Executive Director | Officer | 40 | $135,953 |
Chad Tischer President | OfficerTrustee | 1 | $0 |
Nick Vanderschie President | OfficerTrustee | 1 | $0 |
Amanda Felt Vice President | OfficerTrustee | 1 | $0 |
Amy Gullinson Secretary | OfficerTrustee | 1 | $0 |
Marcus Mason-Vivit Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $390,120 |
| Related organizations | $438,659 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,823,141 |
| Noncash contributions included in lines 1a–1f | $147,843 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,651,920 |
| Total Program Service Revenue | $13,346 |
| Investment income | $57 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$39,697 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,625,626 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $53,375 |
| Grants and other assistance to domestic individuals. | $114,394 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $171,388 |
| Compensation of current officers, directors, key employees. | $28,079 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,198,156 |
| Pension plan accruals and contributions | $18,225 |
| Other employee benefits | $315,226 |
| Payroll taxes | $95,441 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,732 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,191 |
| Advertising and promotion | $0 |
| Office expenses | $42,454 |
| Information technology | $2,750 |
| Royalties | $0 |
| Occupancy | $30,660 |
| Travel | $1,624 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,853 |
| Interest | $25,132 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,754 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,246,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150 |
| Savings and temporary cash investments | $903,819 |
| Pledges and grants receivable | $0 |
| 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 | $10,800 |
| Net Land, buildings, and equipment | $40,347 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $472,816 |
| Total assets | $1,427,932 |
| Accounts payable and accrued expenses | $87,165 |
| Grants payable | $0 |
| Deferred revenue | $54,000 |
| 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 | $141,165 |
| Net assets without donor restrictions | $782,251 |
| Net assets with donor restrictions | $504,516 |
| 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 | $1,427,932 |
Grants Recieved
Over the last fiscal year, we have identified 31 grants that Chicago Lights has recieved totaling $401,866.
| Awarding Organization | Amount |
|---|---|
Caerus Foundation Inc Northbrook, IL PURPOSE: OUTREACH PROGRAMS | $75,000 |
American Endowment Foundation Hudson, OH PURPOSE: PHILANTHROPY | $50,250 |
Greater Chicago Food Depository Chicago, IL PURPOSE: DISTRIBUTE TO THE HUNGRY | $41,965 |
Kla Samaritan Foundation Inc Raleigh, NC PURPOSE: GENERAL FUNDING | $35,000 |
Greater Chicago Food Depository Chicago, IL PURPOSE: DISTRIBUTE TO THE HUNGRY | $20,590 |
The George L Shields Foundation Inc Bethesda, MD PURPOSE: FOR PROGRAM SERVICES | $20,000 |
Endowment Analysis
| Beg. Balance | $10,228 |
| Earnings | $2,800 |
| Ending Balance | $13,028 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Moose Charities Inc Mooseheart, IL | $5,385,966 | $15,548,845 |
Franciscan Sisters Of Chicago Service Corporation Lemont, IL | $62,771,138 | $13,923,865 |
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |
Community Foundation For The Land Of Lincoln Inc Springfield, IL | $62,800,465 | $16,636,147 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Chicago Cubs Charities Chicago, IL | $11,765,252 | $2,315,259 |