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Education : Youth Education Programs and Services

Chicago Scholars Foundation

Education + Mentorship + Leadership = Transformation

four stars

92.55

247 S. State Street Suite 700
Chicago, IL 60604
tel: (312) 784-3300   Web Site
EIN: 36-4117530

Board Leadership
Kourtney Gibson
Chair

CEO
Dominique Jordan Turner
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 92.55 four stars
  Financial 92.14 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Chicago Scholars is transforming the leadership landscape of our city by resolving the fundamental barriers to success for academically driven, first generation college students from under-resourced communities. Through college counseling, mentoring, and by providing a supportive community to our Scholars through each phase of our program: College Access: Launch, College Persistence: Lift and College to Careers: Lead, we ensure that they realize their full potential as students and leaders.

Chicago Scholars is transforming the leadership landscape of our city by resolving the fundamental barriers to success for academically driven, first generation college students from under-resourced communities. Through college counseling, mentoring, and by providing a supportive community to our Scholars through each phase of our program: College Access: Launch, College Persistence: Lift and College to Careers: Lead, we ensure that they realize their full potential as students and leaders.

Impact Information

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Financial

four stars

92.14

Accountability & Transparency

four stars

93.00

This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
75.0%
  Administrative Expenses 10.8%
  Fundraising Expenses 14.0%
  Fundraising Efficiency $0.12
  Working Capital Ratio (years) 1.88
  Program Expenses Growth 26.2%
  Liabilities to Assets 4.5%
All data for Financial Performance Metrics calculations was provided by Chicago Scholars Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Chicago Scholars Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Chicago Scholars Foundation (IL) 92.55 four stars
Teach For America (NY) 87.77 three stars
College Possible (MN) 91.28 four stars
Sponsors for Educational Opportunity (SEO) (NY) 99.93 four stars
Students Rising Above (CA) 91.04 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,670,404
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $487,100
   Related Organizations $0
   Government Grants $0
Total Contributions $5,157,504
   Program Service Revenue $78,920
Total Primary Revenue $5,236,424
   Other Revenue $274,363
TOTAL REVENUE $5,510,787
   
EXPENSES  
   Program Expenses $3,371,311
   Administrative Expenses $410,623
   Fundraising Expenses $608,558
TOTAL FUNCTIONAL EXPENSES $4,390,492
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,120,295
   
Net Assets $10,291,056

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
College Program $3,371,311 100.0%

Ratings History
Chicago Scholars Foundation has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 07/01/2019 92.55 four stars
2017-06 04/01/2018 90.73 four stars
2015-12 12/01/2017 90.40 four stars
2015-12 09/01/2017 88.68 three stars
2014-12 02/01/2017 85.34 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 36-4117530
Name in IRS Master File CHICAGO SCHOLARS FOUNDATION
NTEE Code B80
NTEE Classification Student Services, Organizations of Students
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(602) Gifts, grants, or loans to other organizations
(40) Scholarships (other)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1997
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$239,977 5.46% Dominique Jordan Turner President and CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Chicago Scholars Foundation (IL) 92.55 four stars
Year Up (MA) 90.18 four stars
AAUW - American Association of University Women (DC) 85.88 three stars
Teach For America (NY) 87.77 three stars
The Opportunity Network (NY) 89.50 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Chicago Scholars Foundation
247 S. State Street
Suite 700
Chicago, IL 60604
tel: (312) 784-3300
fax: (312) 784-3301
EIN: 36-4117530

Visit Web Site

Board Leadership

Kourtney Gibson
Chair

CEO

Dominique Jordan Turner
Chief Executive Officer

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