Friends Of North Side College Prep High School
- Assets
- $989.5k
- Revenue
- $381.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/2001
- Data as of
- 07/2023
- EIN
- 36-4391169
Organization Overview
Friends Of North Side College Prep High School is located in Chicago, IL. The organization was established in 2001. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of North Side College Prep High School 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 07/2023, Friends Of North Side College Prep High School generated $381.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $351.9k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Friends Of North Side College Prep High School has awarded 40 individual grants totaling $1,509,933. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST, SUPPLEMENT, MAINTAIN AND EXPAND EDUCATIONAL PROGRAMS FOR STUDENTS AT NORTHSIDE COLLEGE PREPARATORY HIGH SCHOOL, A PUBLIC SCHOOL IN CHICAGO, ILLINOIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND OTHER ASSISTANCE TO NORTHSIDE COLLEGE PREPARATORY HIGH SCHOOL FOR THE PURCHASE OF EQUIPMENT AND PROGRAM SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Jacobson President | OfficerTrustee | 1 | $0 |
Claire Shingler Vice President | OfficerTrustee | 1 | $0 |
Kathy Irwin Treasurer | OfficerTrustee | 1 | $0 |
Eric Jones Assistant Treasurer/contro | OfficerTrustee | 1 | $0 |
Matt Schechter Director | Trustee | 1 | $0 |
Jen Betzen Director | Trustee | 1 | $0 |
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 | $240,862 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $240,862 |
| Total Program Service Revenue | $0 |
| Investment income | $10,875 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $126,558 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $381,568 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $328,065 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,903 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $4,263 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $1,954 |
| All other expenses | $0 |
| Total functional expenses | $351,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,809 |
| Savings and temporary cash investments | $162,141 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $788,583 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $989,533 |
| Accounts payable and accrued expenses | $6,581 |
| Grants payable | $0 |
| 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 | $6,581 |
| Net assets without donor restrictions | $802,696 |
| Net assets with donor restrictions | $180,256 |
| 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 | $989,533 |
Grants Awarded
Over the last fiscal year, Friends Of North Side College Prep High School has awarded $472,975 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHSIDE COLLEGE PREP HIGH SCHOOL PURPOSE: CAPITAL IMPROVEMENT | $12,000 |
NORTHSIDE COLLEGE PREP HIGH SCHOOL PURPOSE: STUDENT CLUB | $24,516 |
NORTHSIDE COLLEGE PREP HIGH SCHOOL PURPOSE: FUND A NEED | $17,494 |
NORTHSIDE COLLEGE PREP HIGH SCHOOL PURPOSE: NCP LIBRARY | $57,150 |
NORTHSIDE COLLEGE PREP HIGH SCHOOL PURPOSE: ATHLETIC PROGRAM | $24,837 |
NORTHSIDE COLLEGE PREP HIGH SCHOOL PURPOSE: TEACHING SUPPORT AND SUPPLIES | $336,978 |