Mikva Challenge Grant Foundation Inc
- Assets
- $6.8m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 156
- Location
- Chicago, IL
- Founding
- 11/1997
- Data as of
- 06/2023
- EIN
- 52-2033353
Organization Overview
Mikva Challenge Grant Foundation Inc is located in Chicago, IL. The organization was established in 1997. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Mikva Challenge Grant Foundation Inc employed 156 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mikva Challenge Grant Foundation Inc 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 06/2023, Mikva Challenge Grant Foundation Inc generated $6.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $5.7m during the year ending 06/2023. While expenses have increased by 7.4% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MIKVA CHALLENGE DEVELOPS YOUTH TO BE EMPOWERED, INFORMED, AND ACTIVE CITIZENS WHO WILL PROMOTE A JUST AND EQUITABLE SOCIETY. THROUGH ITS WORK, MIKVA CHALLENGE LOOKS TO BUILD A STRONGER, INCLUSIVE DEMOCRACY THAT VALUES YOUTH VOICE. THROUGH ITS YOUTH PROGRAMS AND TRAINING FOR EDUCATORS, MIKVA CHALLENGE SERVES 300,000 MIDDLE AND HIGH SCHOOL AGE STUDENTS LOCATED IN ILLINOIS, WASHINGTON DC METRO AREA AND 12 ADDITIONAL PARTNER SITES ACROSS THE COUNTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL YOUTH CIVIC COVENINGS-AS MIKVA CONTINUES TO EXPAND TO SERVE YOUTH IN MORE CITIES ACROSS AMERICA, OUR NATIONAL YOUTH CIVIC CONVENINGS (SUCH AS SOAPBOX NATION AND OUR YOUTH SUMMIT) BRING YOUNG PEOPLE FROM DIFFERENT BACKGROUNDS TOGETHER TO SHARE THEIR OWN EXPERIENCES, LEARN FROM AND DEVELOP EMPATHY FOR EACH OTHER, AND WORK TOGETHER TO DEVELOP PLANS TO CREATE CHANGE IN THEIR OWN COMMUNITIES ONCE THEY RETURN HOME.
YOUTH POLICY MAKING COUNCILS- MIKVA'S YOUTH POLICY MAKING COUNCILS EMPOWER HIGH SCHOOL AGED YOUTH IN EACH OF OUR CHAPTER SITES TO CONDUCT RESEARCH ON KEY ISSUES IN THEIR SCHOOL DISTRICT AND CITY GOVERNMENT. COUNCIL PARTICIPANTS THEN MAKE RECOMMENDATIONS TO CITY LEADERS AND OTHER PUBLIC OFFICIALS AND PARTNER WITH THEM ON IMPLEMENTATION AND ONGOING EVALUATION.
CURRICULA, COACHING AND EVENT SUPPORT FOR CIVIC EDUCATORS-MIKVA'S TEACHER-FACING WORK PROVIDES EDUCATORS IN ITS CHAPTER AND PARTNER SITES WITH CIVIC ENGAGEMENT CURRICULA, PROFESSIONAL DEVELOPMENT, COACHING, AND SUPPORT TO ORGANIZE LOCAL EVENTS FOR YOUTH IN THEIR SCHOOL OR DISTRICT. COLLECTIVELY, THESE SUPPORTS HELP TEACHERS TRANSFORM THEIR CLASSROOMS AND SCHOOLS INTO SPACES IN WHICH YOUTH BUILD COMMUNITY WITH AND DEVELOP EMPATHY FOR THEIR PEERS; DEVELOP CRITICAL THINKING SKILLS; PRACTICE COLLABORATION; AND TAKE INFORMED ACTION TO ADDRESS THE ISSUES THEY CARE ABOUT MOST.
PUBLIC SERVICE INTERNSHIP-MIKVA'S SUMMER FELLOWS PROGRAM PROVIDES YOUTH WITH THE OPPORTUNITY TO SPEND SIX WEEKS WORKING IN THE OFFICES OF ELECTED OFFICIALS & OTHER KEY POLITICAL LEADERS. IT IS A PAID INTERNSHIP PROGRAM THAT HELPS YOUTH GAIN REAL-WORLD PUBLIC SECTOR WORK EXPERIENCES THAT ARE OFTEN OTHERWISE INACCESSIBLE AND BRINGS YOUTH VOICE DIRECTLY INTO LOCAL GOVERNMENT OFFICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Rosenberg Board Chair | OfficerTrustee | 2 | $0 |
Randy Kinder Vice Chair | OfficerTrustee | 2 | $0 |
Cynthia Wong Treasurer | OfficerTrustee | 2 | $0 |
Peter Barber Board Member | Trustee | 2 | $0 |
Stefanie Cruz Board Member | Trustee | 2 | $0 |
Sonari Glinton Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $656,263 |
| Related organizations | $0 |
| Government grants | $1,298,548 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,276,306 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,231,117 |
| Total Program Service Revenue | $947,276 |
| Investment income | $68,140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$40,746 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,208,787 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $349,872 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $229,783 |
| Compensation of current officers, directors, key employees. | $42,789 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,876,782 |
| Pension plan accruals and contributions | $58,914 |
| Other employee benefits | $338,788 |
| Payroll taxes | $247,637 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,848 |
| Fees for services: Accounting | $216,836 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $407,752 |
| Advertising and promotion | $838 |
| Office expenses | $14,082 |
| Information technology | $78,564 |
| Royalties | $0 |
| Occupancy | $273,401 |
| Travel | $259,506 |
| 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 | $10,459 |
| Insurance | $43,962 |
| All other expenses | $0 |
| Total functional expenses | $5,657,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,168,358 |
| Pledges and grants receivable | $1,481,976 |
| Accounts receivable, net | $454,132 |
| 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 | $201,063 |
| Net Land, buildings, and equipment | $20,495 |
| Investments—publicly traded securities | $1,323,088 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $157,285 |
| Total assets | $6,806,397 |
| Accounts payable and accrued expenses | $408,973 |
| Grants payable | $0 |
| Deferred revenue | $45,521 |
| 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 | $176,525 |
| Total liabilities | $631,019 |
| Net assets without donor restrictions | $4,327,944 |
| Net assets with donor restrictions | $1,847,434 |
| 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 | $6,806,397 |