Arcs Foundation Inc Illinois Chapter is located in Chicago, IL. The organization was established in 1977. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arcs Foundation Inc Illinois Chapter 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 06/2022, Arcs Foundation Inc Illinois Chapter generated $90.8k 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 (3.4%) each year. All expenses for the organization totaled $78.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Arcs Foundation Inc Illinois Chapter has awarded 30 individual grants totaling $712,500. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FINANCIAL AWARDS TO CERTAIN LOCAL COLLEGES AND UNIVERSITIES FOR DISTRIBUTION TO ACADEMICALLY OUTSTANDING STUDENTS WHO ARE STUDYING TO COMPLETE DEGREES IN SCIENCE, ENGINEERING, OR MEDICAL RESEARCH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sarah Vandenplas Co-President | 8 | $0 | |
Patricia Jones Treasurer | 3 | $0 | |
Nancy Whitford Co-President | 5 | $0 | |
Sandra Mangurian Secretary | 3 | $0 | |
Kathleen Bailey VP Development | 3 | $0 | |
Kate Timmerman VP University Relations | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $78,475 |
Total Program Service Revenue | $0 |
Membership dues | $8,850 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $3,510 |
Total Revenue | $90,835 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,190 |
Total expenses | $78,190 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $136,923 |
Other assets | $0 |
Total assets | $207,114 |
Total liabilities | $0 |
Net assets or fund balances | $207,114 |
Over the last fiscal year, Arcs Foundation Inc Illinois Chapter has awarded $85,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
Evanston, IL PURPOSE: SCHOLARSHIPS | $22,500 |
Chicago, IL PURPOSE: SCHOLARSHIPS | $20,000 |
Urbana, IL PURPOSE: SCHOLARSHIPS | $17,500 |
Chicago, IL PURPOSE: SCHOLARSHIPS | $17,500 |
Chicago, IL PURPOSE: SCHOLARSHIPS | $7,500 |
Over the last fiscal year, we have identified 4 grants that Arcs Foundation Inc Illinois Chapter has recieved totaling $22,080.
Awarding Organization | Amount |
---|---|
The Brinson Foundation Chicago, IL PURPOSE: GRADUATE STUDENT STEM RESEARCH SCHOLARSHIPS | $15,000 |
Helen Brach Foundation Chicago, IL PURPOSE: TO FUND HELEN BRACH FOUNDATION SCHOLAR TO RECOGNIZE EFFORTS OF AN EARLY CAREER SCIENTIST AND PROVIDE FUNDS TO CONDUCT INDEPENDENT RESEARCH | $5,000 |
Helen Brach Foundation Chicago, IL PURPOSE: MATCHING/DISCRETIONARY GRANT | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $80 |
Beg. Balance | $70,099 |
Earnings | $35 |
Admin Expense | $70,134 |
Organization Name | Assets | Revenue |
---|---|---|
Noble Inc Indianapolis, IN | $22,159,492 | $10,346,959 |
Community Living Connections Inc Madison, WI | $3,670,127 | $10,342,244 |
Child-Adult Resource Services Inc Rockville, IN | $6,866,385 | $10,608,651 |
Community Support Systems Teutopolis, IL | $3,391,263 | $8,015,582 |
St Louis Office For Mr Dd Resources Saint Louis, MO | $18,600,744 | $10,037,760 |
Pride Group Le Mars, IA | $6,197,042 | $10,914,155 |
Marcfirst Normal, IL | $9,608,066 | $10,333,521 |
Community Link Inc Breese, IL | $6,959,913 | $9,425,992 |
Gibson County Area Rehabilitation Centers Inc Princeton, IN | $10,192,271 | $9,864,310 |
Orchard Village Skokie, IL | $10,913,427 | $10,171,348 |
1st Kids Inc Crown Point, IN | $3,619,521 | $8,683,997 |
Tazewell County Resource Centers Inc Tremont, IL | $8,818,810 | $9,804,177 |