Chicago Freedom School
- Assets
- $1.5m
- Revenue
- $918.7k
- Investments
- $0.0
- Employees
- 10
- Location
- Chicago, IL
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 20-4735643
Organization Overview
Chicago Freedom School is located in Chicago, IL. The organization was established in 2007. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2023, Chicago Freedom School employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Freedom School 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 12/2023, Chicago Freedom School generated $918.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 20.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES SPACE TO STUDY & UNDERSTAND SOCIAL ISSUES, BUILD & DEVELOP STRATEGIES FOR CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHICAGO FREEDOM SCHOOL PROVIDED THE BELOW-LISTED ACTIVITIES IN ACCORDANCE WITH ITS TAX-EXEMPT PURPOSE:1. CONDUCTED PUBLIC WORKSHOPS REGARDING HISTORICAL TOPICS WHICH WERE ATTENDED BY SEVERAL HUNDRED ATTENDEES.2. THE YOUTH LEADERSHIP PROGRAM PLANNED, CONDUCTED, AND EVALUATED VARIOUS YOUTH-ORIENTATED ACTIVITIES WHICH WERE ATTENDED BY DOZENS OF YOUTHS.3. FREEDOM FELLOWSHIP PAID STIPENDS TO YOUTH AGES 14-18 TO ATTEND TRAINING CLASSES AND TO DEVELOP AND CONDUCT AN ACTION PLAN.4. CONDUCTED THE FELLOWSHIP SUMMER PROGRAM WHICH PROVIDED ATTENDEES A HISTORY OF CIVIL RIGHTS MOVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Munguia Co-Chair | OfficerTrustee | 3 | $0 |
Steven Rosado Co-Chair | OfficerTrustee | 3 | $0 |
Jane Palmer Treasurer | OfficerTrustee | 2.5 | $0 |
Fausto Lopez Secretary | OfficerTrustee | 2 | $0 |
David Chavez Director | Trustee | 1 | $0 |
Ailiana Denis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $22,512 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $876,277 |
| Noncash contributions included in lines 1a–1f | $5,487 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $898,789 |
| Total Program Service Revenue | $9,301 |
| Investment income | $4,240 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,478 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $918,739 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $90,841 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $83,893 |
| Compensation of current officers, directors, key employees. | $39,849 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $269,564 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,802 |
| Payroll taxes | $38,291 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $46,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $233,498 |
| Advertising and promotion | $1,353 |
| Office expenses | $9,533 |
| Information technology | $20,507 |
| Royalties | $0 |
| Occupancy | $81,490 |
| Travel | $19,009 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,405 |
| Interest | $1,530 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,289 |
| Insurance | $15,280 |
| All other expenses | $6,744 |
| Total functional expenses | $1,078,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,266,549 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $102,870 |
| 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 | $8,190 |
| Net Land, buildings, and equipment | $15,215 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $133,650 |
| Total assets | $1,526,474 |
| Accounts payable and accrued expenses | $15,185 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $211,566 |
| 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 | $90,331 |
| Total liabilities | $317,082 |
| Net assets without donor restrictions | $664,215 |
| Net assets with donor restrictions | $545,177 |
| 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 | $1,526,474 |
Grants Awarded
Over the last fiscal year, Chicago Freedom School has awarded $370,427 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PROJECT NIA PURPOSE: SUPPORT YOUTH IN TROUBLE WITH THE LAW AS WELL AS THOSE VICTIMIZED BY VIOLENCE AND CRIME THROUGH COMMUNITY-BASED ALTERNATIVES TO THE CRIMINAL LEGAL PROCESS. | $319,470 |
LIBERATION LIBRARY PURPOSE: PROVIDE BOOKS TO YOUTH IN PRISON. | $50,957 |