Our mission is to combat systematic barriers to equity and to fight for racial, economic, and social justice.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$661K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $611K a year · 18% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$661K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 5.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
15
named funders · $1.2M
Looks good: 15 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$874K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
32
of 33 voting members
Looks good: 32 of 33 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.8M
+13% vs prior year
Spent
$3.7M
To programs
80%
Net assets
$10.6M
By yearFY2020–FY2024
Revenue
$3.8M
FY2022▲ +13%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.2M
FY2021$3.4M
FY2022$3.8M
FY2023$5.2M
FY2024$2.8M
Expenses
$3.7M
FY2022▲ +32%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.1M
FY2021$2.8M
FY2022$3.7M
FY2023$3.2M
FY2024$2.5M
Net assets
$10.6M
FY2022▼ -21%
Tap a bar for its year
Net assets by fiscal year
FY2020$11.3M
FY2021$13.4M
FY2022$10.6M
FY2023$10.7M
FY2024$11.5M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1970.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $3.0M Management & general 7% · $267K Fundraising 13% · $477K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

37 people listed on the 990; $661K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$190,720Pt VII · Sec A
Dir. of Deve
$144,920Pt VII · Sec A
$123,188Pt VII · Sec A
Director of
$101,660Pt VII · Sec A
Director of
$100,468Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Cara Hendrickson’s $190K as Executive Di is at the 83rd percentile of top reported officer pay among 1147 $1–10M crime & legal nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Cara Hendrickson$190,000$190,000$190,720$206,042$192,188
Tamara Reed Tran——$144,920——
Loren Jones$128,750$105,068———
Amy Cross$124,760————
Shareese Pryor——$123,188$103,832—
Adam Gross———$121,054$119,500
Brice Kanzer$113,526————
Suresh Sharma——$101,660——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fights systemic barriers to equity and champions racial, economic, and social justice.

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Provided by the organization

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3 programs · $3.0M · in their own filed words · FY2022
01

Housing/Community Development

Impact for equity has been deeply committed to housing and community development for over fifty years. Our legal and policy advocacy focuses on removing barriers and promoting authentic housing choices across the chicago region, including for families using subsidized housing resources or in need of affordable housing.

$1.9Mprogram expense
02

Criminal Legal Systems and Justice Reform

Our criminal legal systems program seeks to increase public safety and promote racial justice. We are working to enact systemic police reforms, including by strengthening the police accountability system, promoting community safety, improving police practices, reimagining the roles that police departments and other entities play in…

$816Kprogram expense
03

Education/Early Learning

For two decades, impact for equity has helped improve the quality of public education for chicago children, particularly those living in low-income communities. Over the years, our work has run the gamut.

$220Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 15 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.8M
Ln 12
Gifts and grantsLn 1h$3.0M
Investment incomeLn 3$779K
Other incomeLn 4–11$84K
Money outPt IX
$3.7M
Ln 25
Programscol B$3.0M
Managementcol C$267K
Fundraisingcol D$477K
Owns and owesPt X
$10.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$11.5M
LiabilitiesLn 26$874K
PeoplePt VI, VII
37
listed · VII A
PaidVII A5
Voting boardVI 1a33
IndependentVI 1b32
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.0M
Investment incomeLn 3$779K
Other incomeLn 4–11$84K
Gains on assetsLn 7$621K
Total revenueLn 12$3.8M
Assets in detailPt X, end of year
SavingsLn 2$1.8M
Cash and savings togetherLn 1–2$1.8M
InvestmentsLn 11–13$8.4M
Land, buildings, equipmentLn 10c$28K
Other assetsLn 15$47K
Total assetsLn 16$11.5M
LiabilitiesLn 26$874K
Net assetsLn 32$10.6M
OperationsPt I, VI
EmployeesI 521
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.8M$1.8M
InvestmentsLn 11–13$10.8M$8.4M
Land, buildings, equipmentLn 10c$28K$28K
Total assetsLn 16$13.5M$11.5M
LiabilitiesLn 26$130K$874K
Net assetsLn 32$13.4M$10.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$1.5M$1.0M$148K$352K
Accounting feesLn 11c$14K$10K$1K$3K
Other fees for servicesLn 11g$1.8M$1.8M$4K
Advertising and promotionLn 12$2K$1K$997
Office expensesLn 13$81K$36K$16K$28K
OccupancyLn 16$241K$161K$24K$56K
TravelLn 17$267$267
Depreciation, depletion and amortizationLn 22$4K$4K
Other expenses (24a–d)Ln 24$113K$9K$72K$32K
Total functional expensesLn 25$3.7M$3.0M$267K$477K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.8M$2.5M$312K$11.5M 990 PDF
FY2023 $5.2M$3.2M$2.0M$10.7M 990 PDF
FY2022 Viewing $3.8M$3.7M$114K$10.6M 990 PDF
FY2021 $3.4M$2.8M$576K$13.4M 990 PDF
FY2020 $2.2M$2.1M$47K$11.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $3,836,837 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,898,639$2,973,874
I-9 Program service revenuePrior year $307,500$0
I-10 Investment incomePrior year $1,119,789$778,889
I-11 Other revenuePrior year $78,427$84,074
I-12 Total revenuePrior year $3,404,355$3,836,837
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,672,481$1,506,037
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,155,753$2,217,237
I-18 Total expensesPrior year $2,828,234$3,723,274
I-19 Revenue less expensesPrior year $576,121$113,563
Part VI · Governance 32 of 33 board members independent, no flags
VI-1a Voting members of the governing body33
VI-1b Independent voting members32
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,836,837 across 7 lines filed
VIII-1f All other contributions, gifts and grants$2,973,874
VIII-1h Total contributions, gifts and grants$2,973,874
VIII-3 Investment incomeRelated to mission $157,860$157,860
VIII-7 Net gain or loss on sales of assetsRelated to mission $621,029$621,029
VIII-8 Net income from fundraising events$79,770
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,304$4,304
VIII-12 Total revenueRelated to mission $783,193$3,836,837
Part IX · Statement of functional expenses $3,723,274 across 9 lines filed
IX-7 Other salaries and wagesPrograms $1,006,085 · Management $148,370 · Fundraising $351,582$1,506,037
IX-11c Accounting feesPrograms $9,687 · Management $1,428 · Fundraising $3,385$14,500
IX-11g Other fees for servicesPrograms $1,757,867 · Fundraising $4,162$1,762,029
IX-12 Advertising and promotionManagement $1,494 · Fundraising $997$2,491
IX-13 Office expensesPrograms $35,775 · Management $16,493 · Fundraising $28,486$80,754
IX-16 OccupancyPrograms $160,771 · Management $23,709 · Fundraising $56,182$240,662
IX-17 TravelFundraising $267$267
IX-22 Depreciation, depletion and amortizationManagement $3,657$3,657
IX-24 Other expenses (24a–d)Programs $8,810 · Management $71,708 · Fundraising $32,359$112,877
IX-25 Total functional expensesPrograms $2,978,995 · Management $266,859 · Fundraising $477,420$3,723,274
Part X · Balance sheet $11,481,498 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,775,597$1,836,522
X-3 Pledges and grants receivableStart of year $626,724$1,164,545
X-9 Prepaid expenses and deferred chargesStart of year $38,368$37,161
X-10c Land, buildings and equipment, netStart of year $28,035$27,608
X-11 Publicly traded securitiesStart of year $10,833,623$8,368,346
X-15 Other assetsStart of year $241,625$47,316
X-16 Total assetsStart of year $13,543,972$11,481,498
X-17 Accounts payable and accrued expensesStart of year $129,522$184,673
X-18 Grants payable$689,262
X-26 Total liabilitiesStart of year $129,522$873,935
X-27 Net assets without donor restrictionsStart of year $12,231,697$8,664,342
X-28 Net assets with donor restrictionsStart of year $1,182,753$1,943,221
X-32 Total net assets or fund balancesStart of year $13,414,450$10,607,563
X-33 Total liabilities and net assetsStart of year $13,543,972$11,481,498
Part XI · Reconciliation of net assets $10,607,563 net assets at year end
XI-1 Total revenue$3,836,837
XI-2 Total expenses$3,723,274
XI-3 Revenue less expenses$113,563
XI-4 Net assets at start of year$13,414,450
XI-5 Net unrealized gains (losses) on investments−$2,833,735
XI-9 Other changes in net assets−$86,715
XI-10 Net assets at end of year$10,607,563

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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