Cleveland Avenue Foundation For Education
- Assets
- $2.6m
- Revenue
- $117.7k
- Investments
- $2.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-3851243
Organization Overview
Cleveland Avenue Foundation For Education is located in Chicago, IL. The organization was established in 2014. According to its NTEE Classification (P03) the organization is classified as: Professional Societies & Associations, 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. Cleveland Avenue Foundation For Education 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 12/2022, Cleveland Avenue Foundation For Education generated $117.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $325.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Cleveland Avenue Foundation For Education has awarded 65 individual grants totaling $8,242,366. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Thompson President/trustee | 10 | $0 | |
Donald Thompson Trustee | 0.25 | $0 | |
Xavier Thompson Treasurer | 0.25 | $0 | |
Maya Thompson Secretary | 0.25 | $0 | |
Joseph Mccoy Board Member | 0.25 | $0 | |
Evette Williams Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $119,799 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,135 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $117,664 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,002 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,270 |
| Total operating and administrative expenses | $62,705 |
| Contributions, gifts, grants paid | $262,500 |
| Total expenses and disbursements | $325,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,511 |
| Savings and temporary cash investments | $140,066 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,644,948 |
| 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 |
Grants Awarded
Over the last fiscal year, Cleveland Avenue Foundation For Education has awarded $262,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BRAVEN INC PURPOSE: GENERAL CHARITABLE PURPOSES | $25,000 |
BRIDGE BUILDERS FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
CHARTER SCHOOL GROWTH FUND PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
CHICAGO URBAN LEAGUE PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
CITY COLLEGES OF CHICAGO PURPOSE: GENERAL CHARITABLE PURPOSES | $25,000 |
CITY YEAR INC PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Academy Of Hospice & Palliative Medicine Inc Chicago, IL | $11,271,936 | $8,258,274 |
Missouri Child Care Resource And Referral Network St Louis, MO | $9,377,707 | $3,483,934 |
Foundation For Human Development Chicago, IL | $26,588,722 | $2,172,542 |
Howard County Child Care Association Cresco, IA | $1,238,191 | $1,073,125 |
Cleveland Avenue Foundation For Education Chicago, IL | $2,644,948 | $117,664 |
Financial Planning Association Waunakee, WI | $69,613 | $0 |
Financial Planning Association Orland Park, IL | $50,933 | $121,288 |
Financial Planning Association Indianapolis, IN | $53,301 | $0 |
Kirkoland Inc De Pere, WI | $22,300 | $0 |
Fraternal Order Of Police Monmouth, IL | $22,989 | $0 |