A Bigger World
- Assets
- $1.5m
- Revenue
- $1.8m
- Investments
- $1.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/2012
- Data as of
- 05/2024
- EIN
- 46-0577145
Organization Overview
A Bigger World is located in Chicago, IL. The organization was established in 2012. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Bigger World 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 05/2024, A Bigger World generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 57.4% each year . All expenses for the organization totaled $979.3k during the year ending 05/2024. While expenses have increased by 42.2% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACADEMY (EXCLUDING SALARIES)
ADAMS-FRIENDSHIP TEMA PROGRAM
ADAMS-FRIENDSHIP SOCCER PROGRAM
EAGLES SCHOLARS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Schrecengost President & Director | 10 | $0 | |
Megan Schrecengost Treasurer & Director | 10 | $0 | |
Michael Massey Executive Director | 40 | $114,615 | |
Miranda Van Cleve Director Of Academic | 40 | $94,365 | |
Jonathan Jones Director - The Acade | 40 | $80,385 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,760,755 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,465 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,116 |
| Capital Gain Net Income | $10,116 |
| Net ST Capital Gain | $3,017 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,799,336 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $339,096 |
| Pension plans, employee benefits | $40,445 |
| Interest | $0 |
| Taxes | $28,240 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,065 |
| Printing and publications | $0 |
| Other expenses | $556,724 |
| Total operating and administrative expenses | $979,273 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $979,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$8,948 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,539,752 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,530,804 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |