Chicago Foundation for Women

100%

Four-Star Charity

Impact & Measurement

Accountability & Finance

Culture & Community

Leadership & Adaptability

Chicago Foundation for Women

Is this your nonprofit?

501(c)(3) organization

Donations are tax-deductible

http://www.cfw.org/

140 S. Dearborn Street

Suite 400

Chicago IL 60603

312-577-2801

Chicago IL | IRS ruling year: 1985 | EIN: 36-3348160

An EIN is a unique nine-digit number that identifies a business for tax purposes.

Organization Mission

Chicago Foundation for Women (the "Foundation") invests in women and girls as catalysts, building strong communities for all. The Foundation is a not-for-profit orga ...

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Rating Information

Great

This charity's score is 100%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.

This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

Historical Ratings

Accountability & Finance

Score

100

Most Recent Fiscal Year:
FY 2022

This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

Learn more

Key Accountability Metrics

Full Credit

Partial Credit

No Credit

Majority Independent Board Members - 100% independent members

10 out of 10 points

Independent Board Size - 26 independent members

10 out of 10 points

Financial Statements - Audit and Oversight Committee

20 out of 20 points

Total Revenue Amount	Expectation to Receive Credit
$2 million or higher and 40% or higher donor support	Expected to complete an audit and have an audit oversight committee
$1 million or higher	Expected to complete an audit
$500,000 - $1 million	Expected to complete an audit, review, or compilation
Less than $500,000	No expectation (removed from scoring methodology)

Material Diversion of Assets - None

20 out of 20 points

Tax Form Disclosures and Policies

Full Credit

Partial Credit

No Credit

Website Listed on Tax Form - Listed

5 out of 5 points

Conflict of Interest Policy - Listed

5 out of 5 points

Whistleblower Policy - Listed

5 out of 5 points

Document Retention and Destruction - Listed

5 out of 5 points

Documents Board Meeting Minutes - Yes

5 out of 5 points

Tax Form Distributed to Board Before Filing - Listed

5 out of 5 points

Loans to/from Officers - None

5 out of 5 points

Website Disclosures

Full Credit

Partial Credit

No Credit

Tax Form Posted on Nonprofit's Website - Listed

5 out of 5 points

Financial Metrics

Full Credit

Partial Credit

No Credit

Liabilities to Assets: Ratio - 2.48%

25 out of 25 points

Program Expense: Ratio - 84.99%

25 out of 25 points

Fundraising Efficiency: Ratio - $0.10

25 out of 25 points

Working Capital: Ratio - 3.55 years

25 out of 25 points

Additional Information

Total Revenue and Expenses - Data Available

Salary of Key Persons - Data Available

IRS Published Data (Business Master File) - Data Available

Data Sources (IRS Forms 990) - Data Available

Date Published	Overall Rating
5/1/2022
4/1/2022
11/1/2021
This organization received multiple star ratings within this fiscal year, due to an update to its Accountability and Transparency data and/or the receipt of an amended Form 990.
6/1/2020
5/1/2019
6/1/2018
6/1/2017
6/1/2016
9/1/2015
5/1/2014
7/1/2013
5/1/2012
9/20/2011
5/1/2011
11/1/2010
10/1/2009
10/1/2008
7/1/2007
7/1/2006
11/1/2005