Illinois Network Of Charter Schools
- Assets
- $7.6m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 18
- Location
- Chicago, IL
- Founding
- 03/2004
- Data as of
- 12/2021
- EIN
- 14-1862409
Organization Overview
Illinois Network Of Charter Schools is located in Chicago, IL. The organization was established in 2004. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Illinois Network Of Charter Schools employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Network Of Charter Schools is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Illinois Network Of Charter Schools generated $2.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Illinois Network Of Charter Schools has awarded 27 individual grants totaling $294,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ILLINOIS NETWORK OF CHARTER SCHOOLS (INCS) ADVOCATES FOR THE IMPROVEMENT OF PUBLIC EDUCATION BY LEVERAGING THE CHARTER SCHOOL MODEL AS A CATALYST TO TRANSFORM LIVES AND COMMUNITIES.
Describe the Organization's Program Activity:
THE ILLINOIS NETWORK OF CHARTER SCHOOLS (INCS) ADVOCATES FOR THE IMPROVEMENT OF PUBLIC EDUCATION BY LEVERAGING THE CHARTER SCHOOL MODEL AS A CATALYST TO TRANSFORM LIVES AND COMMUNITIES. INCS WORKS TO ENSURE THAT CHARTER PUBLIC SCHOOLS HAVE ADEQUATE AND EQUITABLE RESOURCES, THE AUTONOMY TO FIND INNOVATIVE APPROACHES TO MEET STUDENT NEEDS, AND A FAIR AND TRANSPARENT POLICY LANDSCAPE THAT ALLOWS HIGH-QUALITY OPTIONS TO THRIVE. AS THE VOICE OF THE ILLINOIS CHARTER SCHOOLS, INCS ENGAGES A DIVERSE COALITION OF POLICYMAKERS, SCHOOL LEADERS, PARENTS, AND COMMUNITY MEMBERS TO CREATE SYSTEMIC CHANGE AND SECURE HIGH-QUALITY SCHOOLS FOR UNDERSERVED COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Broy President | Officer | 35 | $313,132 |
Ariel Johnson Chief Of Staff | 30 | $171,062 | |
Jodie Cantrell Director Of Communications | 40 | $149,971 | |
Allison Jack Sr Dir Of Charter Growth And Support | 40 | $146,130 | |
Tiffani Brown Director Of Finance And Operations | 40 | $124,151 | |
Paula Yates Director Of External Partnerships | 40 | $109,959 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $569,794 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $311,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,825,868 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,707,062 |
| Total Program Service Revenue | $86,882 |
| Investment income | $26,131 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,820,075 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $59,109 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $313,254 |
| Compensation of current officers, directors, key employees. | $31,231 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,436,064 |
| Pension plan accruals and contributions | $65,384 |
| Other employee benefits | $138,955 |
| Payroll taxes | $113,681 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,000 |
| Fees for services: Accounting | $11,625 |
| Fees for services: Lobbying | $143,104 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $161,883 |
| Advertising and promotion | $0 |
| Office expenses | $65,350 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $150,595 |
| Travel | $37,563 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,998 |
| Insurance | $15,336 |
| All other expenses | $430 |
| Total functional expenses | $2,769,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,977,370 |
| Savings and temporary cash investments | $2,139,666 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $414,670 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,983 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,000 |
| Total assets | $7,575,689 |
| Accounts payable and accrued expenses | $37,977 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $195,639 |
| Total liabilities | $233,616 |
| Net assets without donor restrictions | $7,342,073 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,575,689 |
Grants Awarded
Over the last fiscal year, Illinois Network Of Charter Schools has awarded $165,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: SUPPORT RUMC/WEST SIDE UNITED'S COVID-19 RELIEF EFFORTS | $100,000 |
Washington, DC PURPOSE: CONTRIBUTION IN SUPPORT OF ELEVATE CHICAGO COALITION | $50,000 |
Washington, DC PURPOSE: 2020 GENERAL SUPPORT | $10,000 |
CHICAGO LATINO CAUCUS FOUNDATION PURPOSE: PLATA SPONSORSHIP - 6TH ANNUAL GALA 2020 | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Illinois Network Of Charter Schools has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Barr Fund Chicago, IL PURPOSE: GENERAL FUND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
School Smart Kc Inc Kansas City, MO | $7,202,506 | $7,640,451 |
Illinois Cpa Society Chicago, IL | $13,009,574 | $9,942,006 |
Bowling Green Warren County Primary Care Center Inc Bowling Green, KY | $15,935,520 | $7,530,325 |
Chicago Bar Foundation Chicago, IL | $2,729,689 | $8,402,012 |