Push for Excellence INC FY2022 filing

Chicago, IL · Public charity (501(c)(3)) · Community Development

✓ Tax-deductible
Revenue
$1.8M
-3% vs prior year
Spent
$1.8M
To programs
82%
Net assets
$158K
By yearFY2020–FY2024
Revenue
$1.8M
FY2022▼ -3%
Revenue by fiscal year
FY2020$1.6M
FY2021$1.8M
FY2022$1.8M
FY2023$1.7M
FY2024$1.0M
Expenses
$1.8M
FY2022▲ +7%
Expenses by fiscal year
FY2020$1.7M
FY2021$1.6M
FY2022$1.8M
FY2023$1.8M
FY2024$1.3M
Net assets
$158K
FY2022▲ +4%
Net assets by fiscal year
FY2020−$34K
FY2021$153K
FY2022$158K
FY2023$86K
FY2024$89K

From the FY2022 Form 990 · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CPush for Excellence INC
EINHdr · item D34-1230337
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 1978
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CChicago, IL
NTEE classificationIRS BMFCommunity Development (S99)
WebsiteHdr · item Jwww.pushexcel.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.07 Fundraising $0.11
Program services82%$1.4M
Management & general7%$119K
Fundraising11%$189K
Total functional expensesLn 25$1.8M

Financial health

Is it on solid ground?

Program efficiency
82%
of spending reaches programs
Operating runway
0.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+0.3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$263K
FY2022▲ +35%
Total assets by fiscal year
FY2020$24K
FY2021$196K
FY2022$263K
FY2023$233K
FY2024$327K
Total liabilities
$105K
FY2022▲ +146%
Total liabilities by fiscal year
FY2020$58K
FY2021$43K
FY2022$105K
FY2023$147K
FY2024$238K
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$263K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Balance Sheet

Part X · end of year
CashLn 1$62K
Total assetsLn 16$263K
Total liabilitiesLn 26$105K
Total net assetsLn 32$158K
Months of cash on handcomputed0.4

Statement of Revenue

Part VIII
Contributions & grants$1.7M · 97%
Other revenue$49K · 3%
Contributions & grants97%$1.7M
Other revenue3%$49K
Investment income$839
— government grantsLn 1e$36K
Total revenueLn 12$1.8M

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $62K · Operating expenses/yr $1.8M
0.4 months
Where the money goes
Program services
Program services $1.4M · Total expenses $1.8M
82%
Management & General
Management & general $119K · Total expenses $1.8M
7%
Fundraising
Fundraising $189K · Total expenses $1.8M
11%
Cost to raise $1
Fundraising expense (2-yr avg) $132K · Solicited contributions (2-yr avg) $1.0M
$0.13 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.7M · Total revenue $1.8M
97%
Government reliance
Government grants $36K · Total revenue $1.8M
2%
Earned-income share
Program service revenue $0 · Total revenue $1.8M
0%
Investment reliance
Investment income $839 · Total revenue $1.8M
+0.05%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.8M
0%
Growth & trend
Revenue growth (YoY)
This year $1.8M · Prior year $1.8M
-3%
Net-asset trend (YoY)
End of year $158K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.8M · Expenses $1.8M
+0.3%
Liabilities-to-Assets
Total liabilities — · Total assets $263K
—
Net-asset ratio
Net assets $158K · Total assets $263K
60%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $263K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Julianne Malveaux · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $1.8M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $398K · Total expenses $1.8M
23%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%——
Overhead ratio 7%——
Fundraising cost ratio 11%——
Revenue growth -3%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Cochairperson
$0Pt VII · Sec A
Cochairperson
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Push for Excellence INC executive salaries →

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Governance & Policies

Part VI
  • 8Voting board membersPt VI · Ln 1a
  • 8Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Motivates students with scholarships, college tours, and STEM education to achieve academic excellence.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $1.4M of program spending, described in the organization's own filed words · FY2022.
01

College Bound Program

Host college tours and award scholarships to underprivledged children and provides continued student support by sending care packages (student supplies)

$847Kprogram expense
02

Stem Program

Provide resources and mentoring to the youth, by exposing them to valuable skills in Science, Technology, Engineering and Mathematics based career paths and educational opportunities. Also host a summer basketball camp where students compete in basketball games and also allows for the children to participate and compete in the Illinois…

$512Kprogram expense
03

Oratorical/ Back to School

Oratorical focuses on enlightening youth of the power of elequent persuassive speach. Back to School focuses on providing children in the community of various ages and grades book bags and school supplies, and encourages " First Day" attendance and the reduction of violence in schools and community.

$89Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$25K
Grants paid · 1 grant · $452K · 2021–2021
Unitemized GrantFY2021$451,500

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $1.0M$1.3M-38% 990 PDF
FY2023 $1.7M$1.8M-4% 990 PDF
FY2022 Viewing $1.8M$1.8M-3% 990 PDF
FY2021 $1.8M$1.6M+14% 990 PDF
FY2020 $1.6M$1.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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