Center For Tax And Budget Accountability N F P
- Assets
- $976.6k
- Revenue
- $618.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Chicago, IL
- Founding
- 07/2000
- Data as of
- 12/2023
- EIN
- 36-4327041
Organization Overview
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 12/2023, 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 12/2023, Center For Tax And Budget Accountability N F P generated $618.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $577.9k during the year ending 12/2023. 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
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.
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 |
|---|---|---|---|
David May Board Chair | OfficerTrustee | 1 | $0 |
William Mcnary Vice Chair | OfficerTrustee | 1 | $0 |
Robin Kelly Secretary | OfficerTrustee | 1 | $0 |
Kyle Westbrook Treasurer | OfficerTrustee | 1 | $0 |
Addison Woodward Director | Trustee | 1 | $0 |
Dan Montgomery Director | Trustee | 1 | $0 |
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 | $596,172 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $596,172 |
| Total Program Service Revenue | $0 |
| Investment income | $19,460 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,652 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $618,284 |
| 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. | $125,821 |
| Compensation of current officers, directors, key employees. | $31,581 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $222,100 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,147 |
| Payroll taxes | $23,531 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,404 |
| Fees for services: Other | $75,967 |
| Advertising and promotion | $0 |
| Office expenses | $6,820 |
| Information technology | $7,733 |
| Royalties | $0 |
| Occupancy | $7,416 |
| Travel | $3,647 |
| 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 | $2,300 |
| Insurance | $5,389 |
| All other expenses | $0 |
| Total functional expenses | $577,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,671 |
| Savings and temporary cash investments | $137,685 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $115,329 |
| 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 | $40,918 |
| Net Land, buildings, and equipment | $842 |
| Investments—publicly traded securities | $654,620 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,545 |
| Total assets | $976,610 |
| Accounts payable and accrued expenses | $7,478 |
| 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 | $14,067 |
| Total liabilities | $21,545 |
| Net assets without donor restrictions | $929,200 |
| Net assets with donor restrictions | $25,865 |
| 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 | $976,610 |