Operation Walk Chicago EIN 47-3148545 Form 990 (PDF) Claim this org

Operation Walk Chicago FY2020 filing

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Helps disadvantaged patients live better lives. For fiscal year 2020 it reported $255K in revenue, $313K in expenses, and $596K in net assets.Pt I

Type
Public charity (501(c)(3)) · Diseases & Disorders
Location
Buffalo Grove, IL
Website
www.operationwalkchicago.com
Filings
6 on file (2019–2020)
Revenue
$255KFY2020
Expenses
$313K
Net assets
$596K
People
14
Filings
6
Updates
0
More identity details & actions ⌄
EIN  47-3148545 Public charity (501(c)(3)) Buffalo Grove, IL
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Helps disadvantaged patients live better lives.
Leadership
Money in and out
$255K revenue, $313K expenses
Bottom line
74% program efficiency
Where the money goes · FY2020
Total revenue
$255K
Pt VIII · Ln 12
Total expenses
$313K
Pt IX · Ln 25
Net assets
$596K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$58K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.12 Fundraising $0.14
Program efficiency
74%
of spending reaches programs
Operating runway
22.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-23%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$255K
FY2020▼ -49%
Expenses
$313K
FY2020▼ -38%
Total assets
$606K
FY2020▼ -12%
Total liabilities
$10K
FY2020▼ -71%
Revenue less expensesPt I · Ln 19−$58K
Total assetsPt X · Ln 16$606K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COperation Walk Chicago
EINHdr · item D47-3148545
Principal addressHdr · item CBuffalo Grove, IL
WebsiteHdr · item Jwww.operationwalkchicago.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G51)
Ruling yearIRS BMFApr 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sophie Sauser’s $45K as Executive Director is at the 30th percentile of top reported officer pay among 902 $100K–1M diseases & disorders 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 · 3 named individuals · Part VII

NameFY2023FY2022FY2019
Sophie Sauser$45,250$29,500$33,875
Jane Scanlon$20,000
Jane Guzman$12,000$12,000

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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Mission & Programs · Part III

Where the work happens

1 program service account for $232K of program spending, described in the organization's own filed words · FY2020.
01

To improve the quality of life of disadvantaged patients around the world through reducing disability from advanced joint disease. The Organization seeks to achieve this goal by providing joint replacement and rehabilitation services to disadvantaged patients around the world; educating local orthopedic surgeons and their healthcare…

$232Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants114%$290K
Investment income$216
Total revenueLn 12$255K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.12 Fundraising $0.14
Program services74%$232K
Management & general12%$37K
Fundraising14%$44K
Total functional expensesLn 25$313K

Balance Sheet

Part X · end of year
CashLn 1$564K
Total assetsLn 16$606K
Total liabilitiesLn 26$10K
Total net assetsLn 32$596K
Months of cash on handcomputed21.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $585K · Operating expenses/yr $313K
22.4 months
Where the money goes
Program services
Program services $232K · Total expenses $313K
74%
Management & General
Management & general $37K · Total expenses $313K
12%
Fundraising
Fundraising $44K · Total expenses $313K
14%
Cost to raise $1
Fundraising expense (2-yr avg) $51K · Solicited contributions (2-yr avg) $387K
$0.13 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $290K · Total revenue $255K
114%
Government reliance
Government grants — · Total revenue $255K
Earned-income share
Program service revenue $0 · Total revenue $255K
0%
Investment reliance
Investment income $216 · Total revenue $255K
+0.08%
Program self-sufficiency
Program service revenue $0 · Total expenses $313K
0%
Growth & trend
Revenue growth (YoY)
This year $255K · Prior year $502K
-49%
Net-asset trend (YoY)
End of year $596K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $255K · Expenses $313K
-23%
Liabilities-to-Assets
Total liabilities — · Total assets $606K
Net-asset ratio
Net assets $596K · Total assets $606K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $21K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $606K
3%
People & payroll
Highest Reported Total Compensation
Individual Cynthia Horwath Garbutt · Reported title Director · Highest reported compensation $0 · Total expenses $313K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $88K · Total expenses $313K
28%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 12%
Fundraising cost ratio 15%
Revenue growth -49%
Investment management fee ratio 0.05%
Accounting fee ratio 2%

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 · funders on record
Grants received · FY2024
See all 7 funders →

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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 (Latest)$587K revenue · ⤓ 990 PDF
FY2023$738K revenue · ⤓ 990 PDF
FY2022$592K revenue · ⤓ 990 PDF
FY2021$215K revenue · ⤓ 990 PDF
FY2020$255K revenue · viewing · ⤓ 990 PDF
FY2019$502K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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