Rooted Alliance Inc
- Assets
- $2.3m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/2019
- Data as of
- 12/2021
- EIN
- 83-0574010
Organization Overview
Rooted Alliance Inc is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Rooted Alliance Inc 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, Rooted Alliance Inc generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $7.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Rooted Alliance Inc has awarded 55 individual grants totaling $14,742,086. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William R Busch Director | 0.2 | $0 | |
Michael E Burns Treasurer | 0.2 | $0 | |
Lisa Macdougall Vice President & Secretary | 30 | $0 | |
Byron D Trott Director | 0.5 | $0 | |
Noa A Meyer Director / President | 0.2 | $0 | |
Dan H Jester Director | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cicero Research | 12/30/21 | $942,700 |
Watershed Advisors | 12/30/21 | $198,780 |
Quarles And Brady | 12/30/21 | $60,564 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,487,602 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,487,602 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40,835 |
| Total operating and administrative expenses | $1,514,960 |
| Contributions, gifts, grants paid | $5,696,301 |
| Total expenses and disbursements | $7,211,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,031,516 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $1,200,000 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $104,039 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,335,555 |
| Accounts payable and accrued expenses | $263,736 |
| Grants payable | $1,966,378 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,230,114 |
Grants Awarded
Over the last fiscal year, Rooted Alliance Inc has awarded $7,391,929 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Springfield, MO PURPOSE: TO PROVIDE POSTSECONDARY ADVISING FOR STUDENTS IN SELECT HIGH SCHOOLS ACROSS SOUTHWEST MISSOURI, AS WELL AS PERSISTENCE ADVISING TO CURRENT OTC STUDENTS. | $1,509,441 |
Dallas, TX PURPOSE: TO PROVIDE POSTSECONDARY ADVISING FOR HIGH SCHOOL STUDENTS IN SCHOOLS THAT HAVE BEEN SELECTED FOR THE TEXAS RURAL CCMR ACCELERATOR AND TO ADMINISTER THE ACCELERATOR INITIATIVE. | $1,395,000 |
AYERS FOUNDATION PURPOSE: TO PROVIDE POSTSECONDARY ADVISING FOR RURAL HIGH SCHOOL STUDENTS IN TENNESSEE, AND UNION AND CLINTON HIGH SCHOOLS IN MISSOURI | $896,300 |
Springfield, MO PURPOSE: TO PROVIDE POSTSECONDARY ADVISING FOR STUDENTS IN SELECT HIGH SCHOOLS ACROSS SOUTHWEST MISSOURI, AS WELL AS PERSISTENCE ADVISING TO CURRENT OTC STUDENTS. | $814,979 |
CITIZENS FOR EDUCATIONAL EXCELLENCE PURPOSE: TO PROVIDE POSTSECONDARY ADVISING FOR RURAL HIGH SCHOOL STUDENTS IN THE COASTAL BEND OF TEXAS | $513,124 |
WORKFORCE SOLUTIONS OF WEST CENTRAL TEXAS PURPOSE: TO PROVIDE POSTSECONDARY ADVISING FOR RURAL HIGH SCHOOL STUDENTS IN WEST CENTRAL TEXAS | $477,588 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Rooted Alliance Inc has recieved totaling $2,450,000.
| Awarding Organization | Amount |
|---|---|
Trott Family Philanthropies Inc Chicago, IL PURPOSE: TO ADVANCE RURAL EDUCATION | $1,200,000 |
Trott Family Philanthropies Inc Chicago, IL PURPOSE: TO ADVANCE RURAL EDUCATION | $900,000 |
Carl And Marilynn Thoma Art Foundation Santa Fe, NM PURPOSE: GENERAL SUPPORT | $200,000 |
Carl And Marilynn Thoma Art Foundation Santa Fe, NM PURPOSE: GENERAL SUPPORT | $100,000 |
Gordon & Llura Gund Foundation Princeton, NJ PURPOSE: TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |