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Human Services : Social Services

Center for Economic Progress

Working solutions for working families

two stars

77.82

567 West Lake Street Suite 1150
Chicago, IL 60661
tel: (312) 252-0280   Web Site
EIN: 36-3693728

Board Leadership
George Wright
Chair

CEO
David Marzahl
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 77.82 two stars
  Financial 68.78 one star
  Accountability & Transparency 97.00 four stars
This rating was published 03/01/2018 and includes data from FY2016, the most recent 990 received at that time.

Established in 1990, the Center for Economic Progress helps hard-working, low-income families move from financial uncertainty to financial security. Local in service but national in voice, we achieve our mission in three ways: we provide trusted tax and financial counseling, giving Illinois families the tools to make sound choices; we lead a national coalition of organizations that promote economic progress for low-wage workers and their families; and we advance policies and practices to create a financial system that works for all.

Established in 1990, the Center for Economic Progress helps hard-working, low-income families move from financial uncertainty to financial security. Local in service but national in voice, we achieve our mission in three ways: we provide trusted tax and financial counseling, giving Illinois families the tools to make sound choices; we lead a national coalition of organizations that promote economic progress for low-wage workers and their families; and we advance policies and practices to create a financial system that works for all.

Impact Information

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Financial

one star

68.78

Accountability & Transparency

four stars

97.00

This rating was published 03/01/2018 and includes data from FY2016, 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)
72.0%
  Administrative Expenses 16.3%
  Fundraising Expenses 11.6%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 0.45
  Program Expenses Growth -5.3%
  Liabilities to Assets 22.9%
All data for Financial Performance Metrics calculations was provided by Center for Economic Progress on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Center for Economic Progress on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Center for Economic Progress (IL) 77.82 two stars
Community Assistance Center (GA) 86.10 three stars
American Friends of Meir Panim (NY) 87.27 three stars
Interfaith Assistance Ministry (NC) 85.35 three stars
The ARK Chicago (IL) 90.71 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,938,048
   Federated Campaigns $0
   Membership Dues $829
   Fundraising Events $79,036
   Related Organizations $0
   Government Grants $1,167,048
Total Contributions $3,184,961
   Program Service Revenue $0
Total Primary Revenue $3,184,961
   Other Revenue $-4,104
TOTAL REVENUE $3,180,857
   
EXPENSES  
   Program Expenses $2,034,018
   Administrative Expenses $508,028
   Fundraising Expenses $408,827
TOTAL FUNCTIONAL EXPENSES $2,950,873
   
Payments to Affiliates $0
Excess (or Deficit) for the year $229,984
   
Net Assets $1,373,353

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
Tax Services $1,153,058 56.7%
Financial Capability $394,631 19.4%
Tax Clinic $255,980 12.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 03/01/2018 77.82 two stars
2015-12 03/01/2017 86.19 three stars
2014-12 06/01/2016 83.05 three stars
 
CN 2.0
2014-12 12/01/2015 78.77 two stars
2013-12 06/01/2015 84.79 three stars
2012-12 12/01/2013 82.18 three stars
2011-12 03/01/2013 87.45 three stars
2010-12 02/01/2012 86.32 three stars
2009-12 09/20/2011 91.71 four stars
 
CN 1.0
2009-12 03/01/2011 88.98 three stars
2008-12 02/01/2010 84.84 three stars
2007-12 04/01/2009 92.93 four stars
2006-12 05/01/2008 90.25 four stars
2005-12 12/01/2006 92.93 four stars
2004-06 10/01/2005 92.73 four 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 36-3693728
Name in IRS Master File CENTER FOR ECONOMIC PROGRESS
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (398) Instruction and guidance on housing
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 September, 1990
Filing Requirement 990 - Required to file Form 990-N - Income less than $50,000 per year
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

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

Compensation % of Expenses Paid to Title
$147,041 4.98% David Marzahl President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Center for Economic Progress (IL) 77.82 two stars
Place of Forsyth County (GA) 96.48 four stars
Caritas of Austin (TX) 87.34 three stars
New Hope Ministries (PA) 95.87 four stars
Irving Cares (TX) 85.87 three stars

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Charity Contact Info

Center for Economic Progress
567 West Lake Street
Suite 1150
Chicago, IL 60661
tel: (312) 252-0280
fax: (312) 252-0285
EIN: 36-3693728

Visit Web Site

Board Leadership

George Wright
Chair

CEO

David Marzahl
President, CEO

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