Cleveland Avenue Foundation For Education Group
- Assets
- $14.8m
- Revenue
- $11.5m
- Investments
- $0.0
- Employees
- 13
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2023
- EIN
- 85-3906899
Organization Overview
Cleveland Avenue Foundation For Education Group, operating under the name The Cafe Group, is located in Chicago, IL. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2023, Cafe Group employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cafe Group 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, Cafe Group generated $11.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $7.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Cafe Group has awarded 31 individual grants totaling $15,030,798. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CAFE GROUP PROVIDES FINANCIAL AND PROGRAMMATIC SUPPORT TO LEADERS OF COLOR WHOSE PROXIMITY TO THE CHALLENGES ALLOW THEM TO CREATE MEANINGFUL AND RELEVANT SOLUTIONS. BY LEVERAGING THE LIVED EXPERIENCES AND THE GENIUS WITHIN COMMUNITIES OF COLOR, CAFE GROUP HAS CREATED A GLIDEPATH FROM COLLEGE INTERN TO ESTABLISHED LEADER DESIGNED TO CATALYZE LASTING SYSTEMIC CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CAFE GROUP HAS IDENTIFIED OPPORTUNITIES AND CREATED PROGRAMMING, TRAINING, MENTORSHIP, AND PROVIDED THE FINANCIAL RESOURCES TO SUPPORT LEADERS OF COLOR. THESE GOALS ARE ACHIEVED BY MAKING STRATEGIC INVESTMENTS IN INDIVIDUALS AND ORGANIZATIONAL LEADERS THAT ARE ALIGNED WITH THE CAFE GROUP'S VISION FOR LARGE SCALE IMPACT THROUGH THE FOLLOWING PROGRAMMATIC INITIATIVES: LEAD SUMMER INTERNSHIP PROGRAM, THE 1954 PROJECT, AND CAFE CONVERSATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Thompson President | OfficerTrustee | 25 | $0 |
Leslie Anderson Director | Trustee | 1 | $0 |
Daniel Anello Director | Trustee | 1 | $0 |
Shayne Evans Director | Trustee | 1 | $0 |
Joseph Mccoy Director | Trustee | 1 | $0 |
Mara Botman 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 | $11,196,406 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,196,406 |
| Total Program Service Revenue | $0 |
| Investment income | $178,870 |
| 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 | $11,499,483 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,028,528 |
| 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. | $173,653 |
| Compensation of current officers, directors, key employees. | $173,653 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $618,090 |
| Pension plan accruals and contributions | $52,928 |
| Other employee benefits | $0 |
| Payroll taxes | $64,822 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $420 |
| Fees for services: Accounting | $34,857 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,363 |
| Fees for services: Other | $876,356 |
| Advertising and promotion | $9,124 |
| Office expenses | $54,628 |
| Information technology | $15,198 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $158,301 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $94,420 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,247,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,721,356 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,169,340 |
| Accounts receivable, net | $221 |
| 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 | $644 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $6,892,983 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,784,544 |
| Accounts payable and accrued expenses | $33,104 |
| Grants payable | $5,181,044 |
| 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 | $5,214,148 |
| Net assets without donor restrictions | $1,516,700 |
| Net assets with donor restrictions | $8,053,696 |
| 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 | $14,784,544 |
Grants Awarded
Over the last fiscal year, Cleveland Avenue Foundation For Education Group has awarded $4,300,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BEYOND 12 PURPOSE: TO SUPPORT THE PROGRAMMATIC OR OPERATING COSTS OF THE ORGANIZATION IN ALIGNMENT WITH THE 1954 PROJECT VALUES | $1,000,000 |
MARCY LAB INC PURPOSE: TO SUPPORT THE PROGRAMMATIC OR OPERATING COSTS OF THE ORGANIZATION IN ALIGNMENT WITH THE 1954 PROJECT VALUES | $1,000,000 |
KINGMAKERS OF OAKLAND PURPOSE: TO SUPPORT THE PROGRAMMATIC OR OPERATING COSTS OF THE ORGANIZATION IN ALIGNMENT WITH THE 1954 PROJECT VALUES | $1,000,000 |
B-360 BALTIMORE INC PURPOSE: TO SUPPORT THE PROGRAMMATIC OR OPERATING COSTS OF THE ORGANIZATION IN ALIGNMENT WITH THE 1954 PROJECT VALUES | $1,000,000 |
PROJECT SYNCERE PURPOSE: TO SUPPORT THE PROGRAMMATIC OR OPERATING COSTS OF THE ORGANIZATION IN ALIGNMENT WITH THE 1954 PROJECT VALUES | $50,000 |
CHILDREN'S PLACE ASSOCIATION PURPOSE: TO SUPPORT THE PROGRAMMATIC OR OPERATING COSTS OF THE ORGANIZATION IN ALIGNMENT WITH THE 1954 PROJECT VALUES | $50,000 |