Hamilton Action Team EIN 20-8329677 Form 990 (PDF) Claim this org

Hamilton Action Team

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Supports and funds academic, arts, and facility improvements for Hamilton Elementary School. For fiscal year 2024 it reported $249K in revenue, $513K in expenses, and $164K in net assets.Pt I

Founded
2007
Type
Public charity (501(c)(3)) · Education
Location
Chicago, IL
Website
www.hamiltoncps.org/parents/hamilton-action-team
Filings
5 on file (2020–2024)
Revenue
$249KFY2024
Expenses
$513K
Net assets
$164K
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-8329677 Public charity (501(c)(3)) Chicago, IL Founded 2007
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports and funds academic, arts, and facility improvements for Hamilton Elementary School.
Leadership
Katie Houston · Treasurer
Money in and out
$249K revenue, $513K expenses
Bottom line
98% program efficiency
Where the money goes · FY2024
Total revenue
$249K
Pt VIII · Ln 12
Total expenses
$513K
Pt IX · Ln 25
Net assets
$164K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$264K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
4.0mo
months of highly liquid reserves at operating expense rate▼ -85% vs prior filing year
Surplus margin
-106%
revenue over expenses, this year▼ -442% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$249K
FY2024▼ -8%
Expenses
$513K
FY2024▲ +175%
Total assets
$171K
FY2024▼ -60%
Total liabilities
$7K
FY2024
Total revenue
$249K
Pt VIII · Ln 12
Total expenses
$513K
Pt IX · Ln 25
Net assets
$164K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$264K
Total assetsPt X · Ln 16$171K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

2 program services account for $503K of program spending, described in the organization's own filed words · FY2024.
01

To promote and support the academic and fine arts programs at Alexander Hamilton Elementary School; to assist Hamilton Elementary School in enriching its educational programs by raising funds and capital through fundraising activities; to aid the school in obtaining resources for improving and beautifying its facilities and grounds…

$491Kprogram expense
02

To foster community building within the school and larger community by organizing and supporting school and community events which help strengthen the school community and resulting family support, leading to improved academic and enrichment experiences resulting in school and student growth and success.

$11Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHamilton Action Team
EINHdr · item D20-8329677
Principal addressHdr · item CChicago, IL
Year of formationHdr · item L2007
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B11)
Ruling yearIRS BMFMay 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Hamilton Action Team executive salaries →

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Statement of Revenue

Part VIII
Other revenue$182K · 73%
Contributions & grants$60K · 24%
Investment income$8K · 3%
Other revenue73%$182K
Contributions & grants24%$60K
Investment income3%$8K
Total revenueLn 12$249K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$503K
Management & general2%$11K
Total functional expensesLn 25$513K

Balance Sheet

Part X · end of year
CashLn 1$171K
Total assetsLn 16$171K
Total liabilitiesLn 26$7K
Total net assetsLn 32$164K
Months of cash on handcomputed4.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $171K · Operating expenses/yr $513K
4.0 months
Where the money goes
Program services
Program services $503K · Total expenses $513K
98%
Management & General
Management & general $11K · Total expenses $513K
2%
Fundraising
Fundraising $0 · Total expenses $513K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $57K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $60K · Total revenue $249K
24%
Government reliance
Government grants — · Total revenue $249K
Earned-income share
Program service revenue $0 · Total revenue $249K
0%
Investment reliance
Investment income $8K · Total revenue $249K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $513K
0%
Growth & trend
Revenue growth (YoY)
This year $249K · Prior year $271K
-8%
Revenue CAGR
FY2019 $185K · FY2024 $249K
+6%
Net-asset trend (YoY)
End of year $164K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $249K · Expenses $513K
-106%
Liabilities-to-Assets
Total liabilities — · Total assets $171K
Net-asset ratio
Net assets $164K · Total assets $171K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $171K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Katie Houston · Reported title Treasurer · Highest reported compensation $0 · Total expenses $513K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $513K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Revenue growth -8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$25K
Grants paid · 1 grant · $6K · 2024–2024

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$271K revenue · ⤓ 990 PDF
FY2023$215K revenue · ⤓ 990 PDF
FY2022$217K revenue · ⤓ 990 PDF
FY2021$89K revenue · ⤓ 990 PDF
FY2020$185K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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