IF CHARITIES

EIN: 261727985 501(c)(3) Education

CHICAGO, IL

Total Revenue
$151,934
Total Expenses
$105,849
Total Assets
$270,980
Net Assets
$261,781
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
IL
Principal Officer
ISRAEL IDONIJE
Phone
3126247714
Tax Period
2018-01-01 to 2018-12-31

IF CHARITIES, founded in 2008, is a small nonprofit in the Education sector that reported $152K in total revenue in fiscal year 2018. The organization ran a surplus of $46K, a strong 30% operating margin.

Mission

IF CHARITIES IS A REGISTERED 501(C)3 NON-PROFIT ORGANIZATION, COMMITTED TO INSPIRING UNDERSERVED COMMUNITIES BY PROVIDING PROGRAMS FOCUSED ON SOCIAL AND EMOTIONAL LIFE SKILLS.

Program Service Accomplishments

Program 1
Expenses: $20,160

IF CODEIF CODE IS A SKILL-BUILDING PROGRAM OFFERED BY IF CHARITIES. IF CODE IS A FREE PROGRAM CREATED AND DESIGNED TO GIVE AT-RISK YOUTH AN INTRODUCTION INTO THE WORLD OF TECHNOLOGY. THROUGH THE...

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IF CODEIF CODE IS A SKILL-BUILDING PROGRAM OFFERED BY IF CHARITIES. IF CODE IS A FREE PROGRAM CREATED AND DESIGNED TO GIVE AT-RISK YOUTH AN INTRODUCTION INTO THE WORLD OF TECHNOLOGY. THROUGH THE PROGRAM, STUDENTS GAIN INSIGHT AND AN EDUCATION OF MARKETABLE SKILLS FOR THE RAPIDLY GROWING TECHNOLOGY INDUSTRY THAT IS ON TRACK TO HAVE 1.4 MILLION NEW JOBS BY 2020. AFTER COMPLETING INTRODUCTORY CLASSES IN CODING, SOFTWARE AND HARDWARE DEVELOPMENT, WEB DEVELOPMENT AND MORE, STUDENTS WHO HAVE THE ASPIRATION AND APTITUDE CAN MOVE ON TO RECEIVE MORE IN-DEPTH TRAINING. ULTIMATELY, THESE SOUGHT-AFTER SKILLS WILL PROVIDE STRONG OPPORTUNITIES FOR FUTURE SUCCESS AS WELL AS BUILD BETTER COMMUNITIES AS A WHOLE.

Program 2
Expenses: $10,921

YOUTH LEADERSTEAM IF OFFERS A UNIQUE AND VALUABLE EXPERIENCE TO STUDENTS WHO HAVE EXCELLED IN THE IF AFTER SCHOOL PROGRAM DURING THE SCHOOL YEAR. THE PROGRAM IS A SUMMER INTERNSHIP PROVIDING SIX...

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YOUTH LEADERSTEAM IF OFFERS A UNIQUE AND VALUABLE EXPERIENCE TO STUDENTS WHO HAVE EXCELLED IN THE IF AFTER SCHOOL PROGRAM DURING THE SCHOOL YEAR. THE PROGRAM IS A SUMMER INTERNSHIP PROVIDING SIX WEEKS OF WORKFORCE DEVELOPMENT AND CAREER EXPLORATION.

Program 3
Expenses: $16,841

SHOP WITH A COPTEAM IF HOSTS YOUTH FROM COMMUNITY ORGANIZATIONS SERVING HOMELESS OR AT-RISK YOUTH TO PARTICIPATE IN A DAY OF BOWLING, PIZZA AND A SHOPPING SPREE WITH CHICAGO POLICE OFFICERS FROM...

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SHOP WITH A COPTEAM IF HOSTS YOUTH FROM COMMUNITY ORGANIZATIONS SERVING HOMELESS OR AT-RISK YOUTH TO PARTICIPATE IN A DAY OF BOWLING, PIZZA AND A SHOPPING SPREE WITH CHICAGO POLICE OFFICERS FROM THEIR NEIGHBORHOOD. YOUTH ARE GIVEN A GIFT CARD TO PURCHASE GIFTS FOR THEIR FAMILY AND THEMSELVES AND ARE PAIRED WITH AN OFFICER WHO PROMOTES DIALOGUE ON SOCIAL AND EMOTIONAL SKILLS.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $151,934
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $151,934

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,852
Fundraising Expenses $25,173
Program Expenses $73,631
Other Expenses $60,997
TOTAL EXPENSES $105,849

Year-over-Year Comparison

2018 2017 Change
Revenue $151,934 $149,525 +0.0%
Expenses $105,849 $109,167 0.0%
Net Income $46,085 $40,358 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
1
Volunteers
12

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
3
$0
Total Directors
13
$40,248
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ISRAEL IDONIJE PRESIDENT 1.00
Officer Director
$0 $0 $0
SAGAR SHETH TREASURER 1.00
Officer Director
$0 $0 $0
KELLEY SPECK SECRETARY 1.00
Officer Director
$0 $0 $0
LIZ PHAM DIRECTOR 1.00
Director
$0 $0 $0
HUNTER BIDEN DIRECTOR 1.00
Director
$0 $0 $0
DR JOHNNY R GRIGGS MD DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM HEARD DIRECTOR 1.00
Director
$0 $0 $0
BARBARA HOFFMAN DIRECTOR 1.00
Director
$0 $0 $0
OLU JOLAOSO DIRECTOR 1.00
Director
$0 $0 $0
TOM O'TOOLE DIRECTOR 1.00
Director
$0 $0 $0
DERRIUS QUARLES DIRECTOR 1.00
Director
$0 $0 $0
DR STEPHANIE WHYTE DIRECTOR 1.00
Director
$0 $0 $0
EL DA'SHEON NIX EXECUTIVE DIRECTOR 20.00
Director
$40,248 $0 $40,248
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
2018 $151,934 $105,849 $270,980 $46,085
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