The Ark
- Assets
- $15.7m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 73
- Location
- Chicago, IL
- Founding
- 03/1972
- Data as of
- 06/2021
- EIN
- 23-7164967
Organization Overview
The Ark is located in Chicago, IL. The organization was established in 1972. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Ark employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ark 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 06/2021, Ark generated $10.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $8.3m during the year ending 06/2021. While expenses have increased by 5.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ARK PROVIDES MEDICAL, DENTAL, COUNSELING, FOOD, LEGAL, EMERGENCY SHELTER AND SOCIAL SUPPORT SERVICES TO LOW-INCOME INDIVIDUALS AND FAMILIES IN NEED OF THE GREATER CHICAGO METROPOLITAN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL SERVICE ASSISTANCE: PROVIDES CASE MANAGEMENT, FOOD, RENT, UTILITY AND FINANCIAL ASSISTANCE, AND LEGAL AID TO LOW-INCOME INDIVIDUALS AND FAMILIES FROM THE ARK'S HEADQUARTERS IN CHICAGO. 3,992 CLIENTS SERVED.
ARK NORTHWEST: PROVIDES INCREASED ACCESS FOR NORTHWEST SUBURBAN CLIENTS TO THE ARK'S VITAL HUMAN SERVICES, INCLUDING CASE MANAGEMENT, FOOD PANTRY, RENT & UTILITY ASSISTANCE, JOB COUNSELING, AND DELIVERY OF MEDICATIONS FROM THE ARK'S PHARMACY. 864 CLIENTS SERVED.
CLINIC: PROVIDES MEDICAL SERVICES, PRIMARILY THROUGH VOLUNTEER PHYSICIANS AND MEDICAL PROFESSIONALS, INCLUDING BLOOD TESTS AND OTHER DIAGNOSTIC PROCEDURES, MEDICATIONS, EYEGLASSES, AND MOBILITY AND POST-OPERATIVE AIDS. 340 CLIENTS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marna Goldwin CEO | Officer | 45 | $230,421 |
Michael Garlin COO | Officer | 45 | $153,750 |
Victoria Hass Clinical Director | 40 | $128,750 | |
Jason Charet Controller | 40 | $114,782 | |
Oded Gargir Dentist | 40 | $112,387 | |
Howard Dvorin Pharmacist | 40 | $106,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $894,921 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,211,718 |
| Noncash contributions included in lines 1a–1f | $626,194 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,106,639 |
| Total Program Service Revenue | $0 |
| Investment income | $265,092 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $622,166 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,993,897 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,970,931 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $815,240 |
| Compensation of current officers, directors, key employees. | $478,555 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,604,148 |
| Pension plan accruals and contributions | $72,004 |
| Other employee benefits | $791,080 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $79,627 |
| Fees for services: Other | $0 |
| Advertising and promotion | $152,388 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $582,251 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,730 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $62,511 |
| Insurance | $129,255 |
| All other expenses | $0 |
| Total functional expenses | $8,291,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $256,209 |
| Savings and temporary cash investments | $519,906 |
| Pledges and grants receivable | $1,336,895 |
| Accounts receivable, net | $0 |
| 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 | $51,557 |
| Net Land, buildings, and equipment | $1,792,954 |
| Investments—publicly traded securities | $11,714,156 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,671,677 |
| Accounts payable and accrued expenses | $498,901 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $40,250 |
| 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 | $0 |
| Total liabilities | $539,151 |
| Net assets without donor restrictions | $12,141,989 |
| Net assets with donor restrictions | $2,990,537 |
| 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 | $15,671,677 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that The Ark has recieved totaling $117,900.
| Awarding Organization | Amount |
|---|---|
Peggy And Steve Fossett Foundation Homer Glen, IL PURPOSE: GENERAL PURPOSE | $108,000 |
Gff Foundation Chicago, IL PURPOSE: GENERAL ASSISTANCE | $5,000 |
Bruce And Tammy Werner Foundation Lincolnshire, IL PURPOSE: GENERAL SUPPORT | $3,600 |
Lucille E And Joseph L Block Fndn Winnetka, IL PURPOSE: GENERAL CHARITABLE SUPPORT | $1,000 |
Nathan Tannenbaum Foundation Inc West Palm Beach, FL PURPOSE: CHARITABLE | $300 |
Endowment Analysis
| Beg. Balance | $9,715,796 |
| Earnings | $1,820,790 |
| Net Contributions | $220,343 |
| Other Expense | $1,676,779 |
| Ending Balance | $10,080,150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Community Center St Louis, MO | $73,670,376 | $21,790,226 |
Christopher House Chicago, IL | $33,720,951 | $17,812,600 |
Harry And Rose Samson Family Jewish Community Center Inc Milwaukee, WI | $35,315,699 | $16,004,806 |
Illinois Valley Economic Development Corporation Gillespie, IL | $10,213,117 | $12,871,586 |
Heartland Center For Behavioral Change Kansas City, MO | $6,675,393 | $11,265,648 |
Erie Neighborhood House Chicago, IL | $11,699,595 | $9,786,163 |
Irwin A And Robert D Goodman Community Center Inc Madison, WI | $24,842,387 | $10,176,996 |
The Ark Chicago, IL | $15,671,677 | $9,993,897 |
Childrens Outing Assn Milwaukee, WI | $15,302,418 | $8,063,882 |
Southeast Community Services Inc Indianapolis, IN | $19,009,152 | $11,898,088 |
Edna Martin Christian Center Indianapolis, IN | $16,801,398 | $8,765,401 |
Lessie Bates Davis Neighborhood House Inc East St Louis, IL | $5,941,226 | $7,265,748 |