Illinois Opportunity Project
- Assets
- $58.7k
- Revenue
- $185.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Chicago, IL
- Founding
- 11/2011
- Data as of
- 12/2021
- EIN
- 27-3627386
Organization Overview
Illinois Opportunity Project is located in Chicago, IL. The organization was established in 2011. According to its NTEE Classification (W24) the organization is classified as: Citizen Participation, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Illinois Opportunity Project employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Opportunity Project is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Illinois Opportunity Project generated $185.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.3%) each year. All expenses for the organization totaled $862.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Illinois Opportunity Project has awarded 40 individual grants totaling $3,555,834. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ILLINOIS OPPORTUNITY PROJECT IS AN ORGANIZATION THAT PARTICIPATES IN PUBLIC POLICY BY IDENTIFYING POLICIES DRIVEN BY LIBERTY AND FREE ENTERPRISE AND THEN EDUCATING THE PUBLIC ABOUT THOSE POLICY CHOICES AND ADVOCATING FOR THOSE POLICY CHOICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARTICIPATION IN PUBLIC POLICY BY IDENTIFYING POLICIES DRIVEN BY LIBERTY AND FREE ENTERPRISE AND THEN EDUCATING THE PUBLIC ABOUT THOSE POLICY CHOICES AND ADVOCATING FOR THOSE POLICY CHOICES, INCLUDING ADVOCACY CAMPAIGNS USED TO EDUCATE INDIVIDUALS AS WELL AS URGING THEM TO TAKE ACTION BY CONTACTING THEIR LEGISLATOR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Besler Chairman | OfficerTrustee | 30 | $228,124 |
Mark Cavers Vice President | 30 | $148,800 | |
Patrick Hughes Treasurer | OfficerTrustee | 10 | $132,000 |
Brian Burch Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Anderson Williams Research Llc Research | 12/30/20 | $151,120 |
Patrick Hughes Consulting | 12/30/20 | $169,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $185,524 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,524 |
| Total Program Service Revenue | $0 |
| Investment income | $62 |
| 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 | $185,586 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $383,650 |
| Compensation of current officers, directors, key employees. | $106,830 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,398 |
| Pension plan accruals and contributions | $13,972 |
| Other employee benefits | $37,310 |
| Payroll taxes | $35,026 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,503 |
| Fees for services: Accounting | $11,260 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $132,000 |
| Advertising and promotion | $0 |
| Office expenses | $8,919 |
| Information technology | $588 |
| Royalties | $0 |
| Occupancy | $31,596 |
| Travel | $21,573 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $506 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $817 |
| Insurance | $2,673 |
| All other expenses | $16,252 |
| Total functional expenses | $862,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,270 |
| Savings and temporary cash investments | $14,405 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,041 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $249 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,691 |
| Total assets | $58,656 |
| Accounts payable and accrued expenses | $0 |
| 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 | $2,220 |
| Total liabilities | $2,220 |
| Net assets without donor restrictions | $56,436 |
| 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 | $58,656 |
Grants Awarded
Over the last fiscal year, Illinois Opportunity Project has awarded $1,670,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SAY NO TO MORE TAXES-COMMITTEE ID 36099 PURPOSE: SUPPORT ORGANIZATION THAT EMBRACES PUBLIC POLICY ROOTED IN THE PRINCIPLES OF LIBERTY | $995,000 |
CITIZENS FOR JUDICIAL FAIRNESS-COMMITTEE ID 36189 PURPOSE: SUPPORT ORGANIZATION THAT EMBRACES PUBLIC POLICY ROOTED IN THE PRINCIPLES OF LIBERTY | $350,000 |
COMMON SENSE FOR THE COMMON GOOD-COMMITTEE ID 36156 PURPOSE: SUPPORT ORGANIZATION THAT EMBRACES PUBLIC POLICY ROOTED IN THE PRINCIPLES OF LIBERTY | $325,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Illinois Opportunity Project has recieved totaling $2,000,000.
| Awarding Organization | Amount |
|---|---|
American Exceptionalism Institute Inc Arlington, VA PURPOSE: Restricted | $2,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Missouri Council For A Better Economy St Louis, MO | $75,463 | $1,582,608 |
Madison Parks Foundation Inc Madison, WI | $4,094,657 | $1,634,719 |
American Future Fund West Des Moines, IA | $1,849,149 | $360,138 |
Illinois Opportunity Project Chicago, IL | $58,656 | $185,586 |
Illinois State Association Of Counties Springfield, IL | $852,486 | $736,425 |
Kentuckians For Better Transportation Inc Frankfort, KY | $668,581 | $430,831 |
Federation Of State Conservation Voter Leagues Inc Madison, WI | $916,897 | $892,473 |
Wisconsin Family Action Inc Madison, WI | $468,342 | $565,160 |
Action Now Institute Chicago, IL | $274,582 | $388,775 |
Institute For Community Empowerment Chicago, IL | $134,783 | $244,138 |
Corps Of Engineers Naturalresources Education Foundation Kansas City, MO | $163,049 | $221,915 |
Citizens For A Strong America Inc Columbus, WI | $0 | $138,041 |