Imagine Englewood If NFP

EIN: 300089837 501(c)(3) Community Improvement

Chicago, IL

Total Revenue
$828,757
Total Expenses
$1,195,735
Total Assets
$1,821,339
Net Assets
$1,701,636
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
IL
Principal Officer
Michelle Rashad
Phone
7734886704
Tax Period
2023-01-01 to 2023-12-31

Imagine Englewood If NFP, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $829K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 44% operating deficit.

Mission

To strengthen and empower the Greater Englewood community through teaching local youth and their families healthy living, environmental awareness, and positive communication skills.

Program Service Accomplishments

Program 1
Expenses: $85,994

Kids On The Move Summer Day Camp provides a safe and fun environment for youth to get active, explore communities, and build new friendships. Youth are engaged in team sports, healthy cooking, yoga...

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Kids On The Move Summer Day Camp provides a safe and fun environment for youth to get active, explore communities, and build new friendships. Youth are engaged in team sports, healthy cooking, yoga, art, gardening, and weekly field trips. Various outdoor and indoor activities are designed to strengthen physical, mental, and emotional growth. We expose our youth to new experiences and places that expand their view of the world and enhance creative growth!. It is a 7 week camp servicing 50 youth ages 6-18 years old.

Program 2
Expenses: $65,048

Growing Citizen Leaders (GCL) is a youth empowerment program for teenagers connected to the Greater Englewood Community. Participants engage in collaborative youth-led projects, professional...

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Growing Citizen Leaders (GCL) is a youth empowerment program for teenagers connected to the Greater Englewood Community. Participants engage in collaborative youth-led projects, professional development workshops, and civic engagement training. Teens are provided with opportunities to enhance communication, critical thinking, and leadership skills, while building relationships with their peers and trusted adult role-models. The youth are invited to participate in two available tracks that prepare them to become local, national and global leaders.

Program 3
Expenses: $40,111

Imagination Explorers is an enrichment program that provides children (ages 6-12) a safe space to belong, explore, and grow. We spark a love of learning through academic support and fun enrichments...

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Imagination Explorers is an enrichment program that provides children (ages 6-12) a safe space to belong, explore, and grow. We spark a love of learning through academic support and fun enrichments that prepare them for their personal and professional growth. Participants also engage in daily themed activities that include STEAM, environmental awareness, and healthy living. During this key development time, youth are encouraged to live to their full potential and find their voice. This is an after school program serving 20 youth.

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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 (2023)

Revenue Breakdown

Contributions & Grants $887,538
Program Service Revenue $15,600
Investment Income $-114,524
Other Revenue $40,143
TOTAL REVENUE $828,757

Expense Breakdown

Grants Paid $0
Salaries & Benefits $775,973
Fundraising Expenses $90,543
Program Expenses $772,930
Other Expenses $419,762
TOTAL EXPENSES $1,195,735

Year-over-Year Comparison

2023 2022 Change
Revenue $828,757 $1,101,915 -0.2%
Expenses $1,195,735 $1,438,010 -0.2%
Net Income $-366,978 $-336,095 +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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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
24
Volunteers
300

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
4
$83,449
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terry Williams Board Chair 2.00
Director
$0 $0 $0
Jenne Myers Vice Chair 2.00
Director
$0 $0 $0
Mike Rosenthal Secretary 2.00
Officer Director
$0 $0 $0
Jessica Holmes Treasurer 2.00
Officer Director
$0 $0 $0
Ashley Greer-Shambley Director 2.00
Director
$0 $0 $0
Perry Gunn Director 2.00
Officer Director
$0 $0 $0
Sheryl Lott Emeritus 2.00
Director
$0 $0 $0
Sonya Harper Director 2.00
Director
$0 $0 $0
Michelle Rashad Executive Director 40.00
Officer
$77,752 $5,697 $83,449
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 No data No data No data No data
2023 $828,757 $1,195,735 $1,821,339 $-366,978
2022 $1,101,915 $1,438,010 $2,125,322 $-336,095
2021 $381,413 $317,112 $98,598 $64,301
2020 $289,769 $273,146 $36,635 $16,623
2019 $210,492 No data $27,414 No data
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