To create equitable, personalized learning experiences for learners to reach their full potential.

501(c)(3) charity; gifts are tax-deductible.
53¢ of each $1 spent went to programs.
$731K 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

FY2024 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $1.2M a year · 43% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
53%
of spending
Worth a look: 53% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$731K
to officers and key staff · 48% of spending
Concern: pay to officers and key staff is 48% of spending; over 30%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $208K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$921K
153% of total assets
Concern: liabilities are 153% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 8 voting members
Looks good: 6 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$480K
-56% vs prior year
Spent
$1.5M
To programs
53%
Net assets
−$320K
By yearFY2020–FY2025
Revenue
$480K
FY2024▼ -56%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.0M
FY2021$3.7M
FY2022$3.8M
FY2023$1.1M
FY2024$480K
FY2025$1.6M
Expenses
$1.5M
FY2024▼ -25%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.1M
FY2021$5.2M
FY2022$3.7M
FY2023$2.0M
FY2024$1.5M
FY2025$2.3M
Net assets
−$320K
FY2024▼ -145%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.1M
FY2021$1.5M
FY2022$1.6M
FY2023$712K
FY2024−$320K
FY2025−$973K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2014.

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

Where the money goes

53 cents of each dollar spent went to programs.

Program services 53% · $802K Management & general 32% · $480K Fundraising 15% · $229K

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

17 people listed on the 990; $731K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President & CEO (until 1/2024)
$305,784Pt VII · Sec A
Vice President, Learning Innovations
$168,363Pt VII · Sec A
Dir of Strategy & Operations
$146,996Pt VII · Sec A
SR Manager Operations & Administration
$110,065Pt VII · Sec A
CEO (from 1/2024)
$0Pt VII · Sec A
President (from 5/2024)
$0Pt VII · Sec A
Chair (until 1/2024)
$0Pt VII · Sec A
Chair (from 1/2024)
$0Pt VII · Sec A

Ann Chavez’s $155K as President is at the 75th percentile of top reported officer pay among 3869 $1–10M human services 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Phyllis Lockett—$305,784$333,459$333,775$333,871$328,234
Elizabeth Hinman————$199,341—
Tim Hardy————$199,217—
Emily Bader——$175,935$170,176$168,150$161,830
Chi-Yun Amy Huang—————$170,803
Kathleen Speth—$168,363————
Jaya Yoo—————$167,262
Ann Chavez$154,996—————

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

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Provided by the organization

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1 program · $802K · in their own filed words · FY2023
01

The new learning model will align the needs, interests and ambitions of each student - with community-based, in-person and digital resources and programs.

$802Kprogram expense

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 · FY2024
Total grants receivedfrom 3 funders$208K
See all 3 funders →
Grants paid · 4 grants · $290K · 2019–2019
Acero Charter Schools INCIL · FY2019$95,000
Joseph Lovett Elementary(chicago Public Schools)FY2019$95,000
Patrick Henry Elementary (chicago Public Schools)FY2019$95,000
Disney II Magnet School (chicago Public Schools)FY2019$5,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$480K
Ln 12
Gifts and grantsLn 1h$332K
Fees for servicesLn 2g$146K
Investment incomeLn 3$2K
Money outPt IX
$1.5M
Ln 25
Programscol B$802K
Managementcol C$480K
Fundraisingcol D$229K
Owns and owesPt X
−$320K
net assets · Ln 32
Cash and savingsLn 1–2$249K
Total assetsLn 16$600K
LiabilitiesLn 26$921K
PeoplePt VI, VII
17
listed · VII A
PaidVII A4
Voting boardVI 1a8
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$332K
Fees for servicesLn 2g$146K
Investment incomeLn 3$2K
Other incomeLn 4–11$60
Gains on assetsLn 7$952
Total revenueLn 12$480K
Assets in detailPt X, end of year
SavingsLn 2$249K
Cash and savings togetherLn 1–2$249K
Total assetsLn 16$600K
LiabilitiesLn 26$921K
Net assetsLn 32−$320K
OperationsPt I, VI
EmployeesI 58
VolunteersI 60
Fiscal year endsHeaderJune
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 FY24End FY24
Cash and savingsLn 1–2$861K$249K
Total assetsLn 16$1.1M$600K
LiabilitiesLn 26$355K$921K
Net assetsLn 32$712K−$320K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$165K$91K$49K$25K
Other salaries and wagesLn 7$628K$365K$153K$110K
Other employee benefitsLn 9$20K$5K$15K$496
Payroll taxesLn 10$65K$40K$17K$8K
Legal feesLn 11b$11K$11K
Accounting feesLn 11c$54K$54K
Other fees for servicesLn 11g$155K$93K$17K$45K
Advertising and promotionLn 12$15K$15K
Office expensesLn 13$28K$15K$10K$3K
Information technologyLn 14$62K$22K$26K$13K
OccupancyLn 16$142K$85K$40K$17K
TravelLn 17$37K$15K$20K$2K
Conferences, conventions and meetingsLn 19$36K$15K$19K$2K
InterestLn 20$15K$15K
Depreciation, depletion and amortizationLn 22$28K$26K$1K$647
InsuranceLn 23$30K$17K$10K$3K
Other expenses (24a–d)Ln 24$21K$13K$8K
Total functional expensesLn 25$1.5M$802K$480K$229K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.6M$2.3M−$665K−$973K 990 PDF
FY2024 Viewing $480K$1.5M−$1.0M−$320K 990 PDF
FY2023 $1.1M$2.0M−$931K$712K 990 PDF
FY2022 $3.8M$3.7M$106K$1.6M 990 PDF
FY2021 $3.7M$5.2M−$1.5M$1.5M 990 PDF
FY2020 $6.0M$9.1M−$3.1M$3.1M 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 FY2024 990 (6 parts)
Part I · Summary $479,774 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,061,868$332,080
I-9 Program service revenuePrior year $0$145,596
I-10 Investment incomePrior year $26,331$2,038
I-11 Other revenuePrior year $313$60
I-12 Total revenuePrior year $1,088,512$479,774
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,266,279$878,715
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $753,547$633,140
I-18 Total expensesPrior year $2,019,826$1,511,855
I-19 Revenue less expensesPrior year −$931,314−$1,032,081
Part VI · Governance 6 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members6
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 $479,774 across 7 lines filed
VIII-1f All other contributions, gifts and grants$332,080
VIII-1h Total contributions, gifts and grants$332,080
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $145,596$145,596
VIII-3 Investment incomeExcluded from tax $1,086$1,086
VIII-7 Net gain or loss on sales of assetsExcluded from tax $952$952
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $60$60
VIII-12 Total revenueRelated to mission $145,596 · Unrelated business $0 · Excluded from tax $2,098$479,774
Part IX · Statement of functional expenses $1,511,855 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $90,618 · Management $49,429 · Fundraising $24,713$164,760
IX-7 Other salaries and wagesPrograms $364,904 · Management $153,193 · Fundraising $110,066$628,163
IX-9 Other employee benefitsPrograms $4,621 · Management $15,288 · Fundraising $496$20,405
IX-10 Payroll taxesPrograms $40,480 · Management $17,137 · Fundraising $7,770$65,387
IX-11b Legal feesManagement $10,514$10,514
IX-11c Accounting feesManagement $53,646$53,646
IX-11g Other fees for servicesPrograms $93,282 · Management $16,747 · Fundraising $45,371$155,400
IX-12 Advertising and promotionManagement $14,741$14,741
IX-13 Office expensesPrograms $14,766 · Management $10,157 · Fundraising $2,859$27,782
IX-14 Information technologyPrograms $22,466 · Management $26,452 · Fundraising $12,981$61,899
IX-16 OccupancyPrograms $84,974 · Management $39,524 · Fundraising $17,107$141,605
IX-17 TravelPrograms $15,370 · Management $19,754 · Fundraising $2,001$37,125
IX-19 Conferences, conventions and meetingsPrograms $14,816 · Management $19,040 · Fundraising $1,929$35,785
IX-20 InterestManagement $15,028$15,028
IX-22 Depreciation, depletion and amortizationPrograms $26,240 · Management $1,465 · Fundraising $647$28,352
IX-23 InsurancePrograms $16,591 · Management $10,337 · Fundraising $3,341$30,269
IX-24 Other expenses (24a–d)Programs $13,196 · Management $7,798$20,994
IX-25 Total functional expensesPrograms $802,324 · Management $480,250 · Fundraising $229,281$1,511,855
Part X · Balance sheet $600,419 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $860,555$248,652
X-3 Pledges and grants receivableStart of year $198,867$172,367
X-4 Accounts receivable$75,688
X-9 Prepaid expenses and deferred chargesStart of year $2,602$577
X-14 Intangible assets$103,135
X-16 Total assetsStart of year $1,067,353$600,419
X-17 Accounts payable and accrued expensesStart of year $105,499$109,146
X-19 Deferred revenue$61,500
X-24 Unsecured notes and loans payableStart of year $250,000$750,000
X-26 Total liabilitiesStart of year $355,499$920,646
X-27 Net assets without donor restrictionsStart of year $514,487−$417,594
X-28 Net assets with donor restrictionsStart of year $197,367$97,367
X-32 Total net assets or fund balancesStart of year $711,854−$320,227
X-33 Total liabilities and net assetsStart of year $1,067,353$600,419
Part XI · Reconciliation of net assets −$320,227 net assets at year end
XI-1 Total revenue$479,774
XI-2 Total expenses$1,511,855
XI-3 Revenue less expenses−$1,032,081
XI-4 Net assets at start of year$711,854
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$320,227

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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