Center For Tax And Budget Accountability N F P is located in Chicago, IL. The organization was established in 2000. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Center For Tax And Budget Accountability N F P employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Tax And Budget Accountability N F P 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, Center For Tax And Budget Accountability N F P generated $613.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $587.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. 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
IDENTIFY AND ANALYZE ISSUES, DEVELOP POLICY OPTIONS, AND PROMOTE FAIR, EFFICIENT, AND PROGRESSIVE TAX, SPENDING, AND ECONOMIC POLICIES THAT IMPROVE THE WELL-BEING OF LOW AND MODERATE INCOME FAMILIES IN ILLINOIS
Describe the Organization's Program Activity:
Part 3 - Line 4a
IDENTIFY AND ANALYZE ISSUES, DEVELOP POLICY OPTIONS, AND PROMOTE FAIR, EFFICIENT AND PROGRESSIVE TAX, SPENDING AND ECONOMIC POLICIES THAT IMPROVE THE WELL-BEING OF LOW AND MODERATE INCOME FAMILIES IN ILLINOIS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ralph Martire President/executive Direct | OfficerTrustee | 40 | $79,000 |
Robin Kelly Secretary | OfficerTrustee | 1 | $0 |
David May Chair | OfficerTrustee | 1 | $0 |
Kathryn Nesburg Treasurer | OfficerTrustee | 1 | $0 |
Les F Bond Board Member | Trustee | 1 | $0 |
Dr Byron Brazier Board Member | Trustee | 1 | $0 |
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 | $498,369 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $498,369 |
Total Program Service Revenue | $0 |
Investment income | $19,273 |
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 | $613,437 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $79,000 |
Compensation of current officers, directors, key employees. | $3,950 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $297,582 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $71,677 |
Payroll taxes | $28,273 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,190 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $16,853 |
Advertising and promotion | $0 |
Office expenses | $568 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $52,300 |
Travel | $0 |
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 | $2,524 |
Insurance | $4,943 |
All other expenses | $0 |
Total functional expenses | $587,089 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $286,012 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $30,000 |
Accounts receivable, net | $10,250 |
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 | $3,639 |
Net Land, buildings, and equipment | $5,604 |
Investments—publicly traded securities | $683,069 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,018,574 |
Accounts payable and accrued expenses | $667 |
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 | $0 |
Total liabilities | $667 |
Net assets without donor restrictions | $930,407 |
Net assets with donor restrictions | $87,500 |
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 | $1,018,574 |
Over the last fiscal year, we have identified 3 grants that Center For Tax And Budget Accountability N F P has recieved totaling $137,500.
Awarding Organization | Amount |
---|---|
Alphawood Foundation Chicago, IL PURPOSE: GENERAL OPERATIONS | $50,000 |
American Federation Of State County & Municipal Employees Springfield, IL PURPOSE: TO IDENTIFY AND ANALYZE ISSUES, DEVELOP POLICY OPTIONS, AND PROMOTE FAIR, EFFICIENT AND PROGRESSIVE TAX, SPENDING AND ECONOMIC POLICIES THAT IMPROVE THE WELL-BEING OF LOW AND MODERATE INCOME FAMILIES IN ILLINOIS | $50,000 |
Woods Fund Of Chicago Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $37,500 |
Organization Name | Assets | Revenue |
---|---|---|
Sagamore Institute Inc Indianapolis, IN | $13,977,659 | $19,355,363 |
Illinois Policy Institute Chicago, IL | $6,879,470 | $9,912,518 |
Illinois Rural Healthnet Cedar Rapids, IA | $5,988,317 | $2,258,874 |
Healthlinc Incorporated Bloomington, IN | $543,093 | $647,711 |
Northeast Kentucky Regional Health Information Organization Inc West Liberty, KY | $191,686 | $598,619 |
Kentucky Center For Economic Policy Inc Berea, KY | $2,023,746 | $2,496,689 |
Lewis And Clark Information Exchange Kansas City, MO | $3,757,665 | $1,270,195 |
Center For Tax And Budget Accountability N F P Chicago, IL | $1,018,574 | $613,437 |
Center For The New American Frontier Park Ridge, IL | $209,469 | $639,460 |
A Better Wisconsin Together Institute Inc Monona, WI | $200,365 | $274,969 |
Customers First Coalition Inc Madison, WI | $141,161 | $0 |
New American Policy Institute Inc West Allis, WI | $0 | $14 |