THE CHICAGO DEBATE COMMISSION

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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

2000

Legal Domicile

Principal Officer

ANTHONY BOLDEN

Phone

3124270524

Tax Period

2024-07-01 to 2025-06-30

THE CHICAGO DEBATE COMMISSION, founded in 2000, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.4M exceeded revenue, resulting in a 12% operating deficit.

Mission

CHICAGO DEBATES' MISSION IS TO ADVANCE THE EDUCATIONAL ACHIEVEMENT, COMMUNITY CONTRIBUTIONS, AND LIFE SUCCESS OF CHICAGO'S YOUTH THROUGH THE TRANSFORMATIVE POWER OF ACADEMIC DEBATE. CHICAGO DEBATES ENVISIONS A WORLD IN WHICH CHICAGO'S YOUTH ARE EMPOWERED TO FIND THEIR VOICES, SUCCEED IN COLLEGE, AND BECOME COMMUNITY LEADERS.

Program Service Accomplishments

Program 1

Expenses: $904,448 Revenue: $69,594

CHICAGO DEBATES MANAGES AND PROVIDES DEBATE PROGRAMMING IN CHICAGO PUBLIC MIDDLE AND HIGH SCHOOLS, TRAINS AND SUPPORTS TEACHERS AND COACHES, AND COORDINATES AND CONDUCTS TOURNAMENTS.

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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 $1,261,095

Program Service Revenue $65,157

Investment Income $746

Other Revenue $-110,246

TOTAL REVENUE $1,216,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $743,036

Fundraising Expenses $330,913

Program Expenses $904,448

Other Expenses $621,014

TOTAL EXPENSES $1,364,050

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,216,752	$1,077,879	+0.1%
Expenses	$1,364,050	$1,284,147	+0.1%
Net Income	$-147,298	$-206,268	-0.3%

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

Volunteers

147

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

$180,697

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELI KAY-OLIPHANT	CHAIR	4.00	Officer Director	$0	$0	$0
AMIT BINDRA	DIRECTOR	2.00	Director	$0	$0	$0
KATE BJORKLUND	DIRECTOR	2.00	Director	$0	$0	$0
ZACHARY BROWN	DIRECTOR	2.00	Director	$0	$0	$0
JOSETTE BUSH	DIRECTOR	2.00	Director	$0	$0	$0
SADIYA BUSHNER	DIRECTOR	2.00	Director	$0	$0	$0
ELISA DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
SAMUEL FINKELSTEIN	DIRECTOR	2.00	Director	$0	$0	$0
NICK GREINER	DIRECTOR	2.00	Director	$0	$0	$0
ANNIE KASTANEK	DIRECTOR	2.00	Director	$0	$0	$0
SHARONE MITCHELL JR	DIRECTOR	2.00	Director	$0	$0	$0
STANLEY PIERSON	DIRECTOR	2.00	Director	$0	$0	$0
MATT REEDY	DIRECTOR	2.00	Director	$0	$0	$0
NINA RUVINSKY	DIRECTOR	2.00	Director	$0	$0	$0
CINDY STUYVESANT	DIRECTOR	2.00	Director	$0	$0	$0
TANIA WHITE	DIRECTOR	2.00	Director	$0	$0	$0
ERIKA WHITEHEAD	DIRECTOR	2.00	Director	$0	$0	$0
JESSICA YEATS	DIRECTOR	2.00	Director	$0	$0	$0
ANTHONY BOLDEN	EXECUTIVE DIRECTOR	40.00	Officer	$180,697	$0	$180,697

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	$1,216,752	$1,364,050	$617,953	$-147,298
2024	$1,077,879	$1,284,147	$839,014	$-206,268
2023	$1,035,785	$1,340,398	$1,052,465	$-304,613
2022	$1,043,831	$1,000,251	$982,364	$43,580
2021	$1,094,886	$869,522	$968,592	$225,364
2020	$1,152,645	$1,048,126	$757,557	$104,519
2019	$855,367	$1,035,862	$712,575	$-180,495
2018	$1,087,340	$1,057,728	$979,307	$29,612