CHICAGO SKY CARES

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Phone

3128289550

Tax Period

2024-01-01 to 2024-12-31

CHICAGO SKY CARES, founded in 2007, is a small nonprofit in the Human Services sector that reported $791K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $673K left a modest 15% surplus.

Mission

CHICAGO SKY CARES' MISSION IS TO EMPOWER THE LIVES OF PEOPLE IN MARGINALIZED COMMUNITIES THROUGHOUT THE CHICAGOLAND AREA THROUGH SCHOLARSHIPS, EDUCATION, ECONOMIC DEVELOPMENT AND CHARITABLE DONATIONS. CHICAGO SKY CARES IS ABLE TO ACTIVELY SUPPORT THE MISSION THROUGH A SERIES OF PROGRAMS AND EVENTS BUILT AROUND THE IMPORTANCE OF EDUCATION, ECONOMIC DEVELOPMENT AND SUPPORT FOR MILITARY AND VETERAN FAMILIES, HOMELESS SHELTERS, UNDERSERVED FAMILIES, BATTERED WOMEN'S SHELTERS AND FOOD BANKS.

Program Service Accomplishments

Program 1

Expenses: $485,625

COMMUNITY OUTREACH PROGRAMCHICAGO SKY CARES PROVIDED SPEAKER AND WORKSHOP EVENTS TO EDUCATE YOUTHS ON HEALTH, NUTRITION, LEADERSHIP, ANTI-BULLYING, SELF-ESTEEM AND SELF-RESPECT. CHICAGO SKY CARES...

COMMUNITY OUTREACH PROGRAMCHICAGO SKY CARES PROVIDED SPEAKER AND WORKSHOP EVENTS TO EDUCATE YOUTHS ON HEALTH, NUTRITION, LEADERSHIP, ANTI-BULLYING, SELF-ESTEEM AND SELF-RESPECT. CHICAGO SKY CARES PROVIDED PROFESSIONAL WOMEN'S BASKETBALL GAME TICKETS TO VARIOUS COMMUNITY GROUPS AND ORGANIZATIONS TO DEMONSTRATE WORKSHOP OBJECTIVES.

Program 2

Expenses: $115,620

BEYOND BASKETBALL PROGRAMCHICAGO SKY CARES CREATED A DIVERSITY & INCLUSION SMALL BUSINESS SHOWCASE TO PUT A SPOTLIGHT ON LOCAL BUSINESSES OWNED BY PEOPLE OF COLOR TO SKY FANS AND COMMUNITY MEMBERS...

BEYOND BASKETBALL PROGRAMCHICAGO SKY CARES CREATED A DIVERSITY & INCLUSION SMALL BUSINESS SHOWCASE TO PUT A SPOTLIGHT ON LOCAL BUSINESSES OWNED BY PEOPLE OF COLOR TO SKY FANS AND COMMUNITY MEMBERS. SELECT BUSINESSES HAD THE OPPORTUNITY TO HIGHLIGHT THEIR PRODUCTS & SERVICES ON CHICAGO SKY PLATFORMS.

Program 3

Expenses: $47,717

DONATIONS TO OTHER NON PROFIT ORGANIZATIONS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $787,463

Program Service Revenue $0

Investment Income $0

Other Revenue $3,443

TOTAL REVENUE $790,906

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $507

Program Expenses $648,962

Other Expenses $672,638

TOTAL EXPENSES $672,638

Year-over-Year Comparison

	2024	2023	Change
Revenue	$790,906	$600,255	+0.3%
Expenses	$672,638	$736,523	-0.1%
Net Income	$118,268	$-136,268	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM FOX	CEO	1.00	Officer Director	$0	$0	$0
STEPHANIE HEDRICK	Secretary	5.00	Officer Director	$0	$0	$0
MARGARET STENDER	Treasurer	0.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$790,906	$672,638	$215,337	$118,268
2023	$600,255	$736,523	$97,069	$-136,268
2022	$522,341	$476,818	$233,337	$45,523
2021	$315,296	$198,280	$187,814	$117,016
2020	$249,605	$133,373	$70,798	$116,232
2019	$359,386	$472,588	$33,922	$-113,202
2018	$303,976	$285,791	$114,857	$18,185