NOAHS ARC FOUNDATION

EIN: 271412550 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$2,792,871
Total Expenses
$2,530,620
Total Assets
$754,280
Net Assets
$159,355
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IL
Principal Officer
JOAKIM NOAH
Phone
3016561200
Tax Period
2024-01-01 to 2024-12-31

NOAHS ARC FOUNDATION, founded in 2010, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 139% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 9% surplus.

Mission

THE NOAH'S ARC FOUNDATION PROVIDES DIVERSE OPPORTUNITIES FOR YOUTH TO BECOME MORE AWARE AND CONSCIOUS OF THEIR ABILITY TO MAKE A POSITIVE IMPACT ON THEMSELVES AND THEIR COMMUNITY. THE FOUNDATION'S ART AND BASKETBALL PROGRAMS TARGET YOUTH IN CHICAGO'S HIGH-NEEDS COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $2,100,552

One City: The One City Basketball League is a Chicago-based peace league that operates in partnership with 28 community-based violence prevention organizations. The league, which services young men...

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One City: The One City Basketball League is a Chicago-based peace league that operates in partnership with 28 community-based violence prevention organizations. The league, which services young men aged 16 to 25, pairs financial compensation with mandatory off-court programming ranging from financial literacy, to trauma-informed conflict resolution and job readiness. The league also provides free basketball clinics open to all Chicago youth.

Program 2
Expenses: $96,903

LOTA/Expressions:Ladies of the Arc (LOTA): This program provides peer-led support groups for mothers impacted by grief, isolation, depression, anxiety, PTSD, and the residual effects of prolonged...

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LOTA/Expressions:Ladies of the Arc (LOTA): This program provides peer-led support groups for mothers impacted by grief, isolation, depression, anxiety, PTSD, and the residual effects of prolonged exposure to community violence, including the loss of a loved one to homicide.Expression from the Inside: Expression from the Inside includes trauma-informed expressive art workshops that provide participants with an opportunity for personal and emotional exploration through art. The program is designed to help youth, families, and mothers address trauma they have experienced due to violence.

Program 3
Expenses: $29,021

Other Programs:Other Basketball Programs: Over the years, the Organization has developed and supported a variety of basketball-based programs designed to engage youth, promote unity, and provide...

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Other Programs:Other Basketball Programs: Over the years, the Organization has developed and supported a variety of basketball-based programs designed to engage youth, promote unity, and provide safe, positive spaces for personal development. From local tournaments to community partnerships, each initiative has been rooted in our belief that the values learned through basketballrespect, leadership, and perseveranceextend far beyond the game.Rock your Drop: The Rock Your Drop initiative was a peace movement that raised awareness on nonviolence, and was primarily based in Chicago. When you wear your Drop of Consciousness you make a pledge to positive change to your community.Water Program: The Organization aims to facilitate access to clean drinking water to communities that have little or no access, as well as aid in disaster relief and the immediate needs of people following a natural disaster, by giving access to Altitude Water Atmospheric Generator (AWG) to individuals, communities, and/or aid entities. These provide immediate access to clean purified drinking water, and also removes the dependency on hundreds of thousands of plastic bottles and the waste these produce (Past locations: West Africa, Maui).

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,788,685
Program Service Revenue $0
Investment Income $3,740
Other Revenue $446
TOTAL REVENUE $2,792,871

Expense Breakdown

Grants Paid $10,500
Salaries & Benefits $0
Fundraising Expenses $60,000
Program Expenses $2,226,476
Other Expenses $2,520,120
TOTAL EXPENSES $2,530,620

Year-over-Year Comparison

2024 2023 Change
Revenue $2,792,871 $1,169,223 +1.4%
Expenses $2,530,620 $1,267,353 +1.0%
Net Income $262,251 $-98,130 -3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
8
Employees
N/A
Volunteers
10

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
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOAKIM NOAH President 40.00
Officer Director
$0 $0 $0
JOSEPH MONTGOMERY Treasurer 1.00
Officer Director
$0 $0 $0
JUSTIN FEDAK Secretary 1.00
Officer Director
$0 $0 $0
CECILIA RODHE Director 1.00
Director
$0 $0 $0
BECKY CARROLL Director 1.00
Director
$0 $0 $0
YANNICK NOAH Director 1.00
Director
$0 $0 $0
JULIE WILEN Director 1.00
Director
$0 $0 $0
DR HANIFA MEZOUI Director 0.00
Director
$0 $0 $0
HEATHER MORRIS Director 0.00
Director
$0 $0 $0
ANTHONY DOUGLAS Director 0.00
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
2024 $2,792,871 $2,530,620 $754,280 $262,251
2024 No data No data No data No data
2023 $1,169,223 $1,314,585 $849,657 $-145,362
2023 $1,169,223 $1,267,353 $849,657 $-98,130
2019 $109,925 $100,805 $61,673 $9,120
2018 $245,536 $213,687 $53,553 $31,849
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