CHICAGO PRINCIPALS & ADMINISTRATORS ASSOCIATION

EIN: 360904090 Education

Chicago, IL

Total Revenue
$1,822,435
Total Expenses
$1,604,760
Total Assets
$820,659
Net Assets
$696,145
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
IL
Principal Officer
Troy LaRaviere
Phone
3122637767
Tax Period
2023-07-01 to 2024-06-30

CHICAGO PRINCIPALS & ADMINISTRATORS ASSOCIATION, founded in 1971, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 12% surplus.

Mission

The mission of the Chicago Principals & Administrators Association is to provide the educational and ethical leadership needed in the local school communities and across the system to ensure that all students will attain the highest standards of achievement.

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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 $0
Program Service Revenue $1,807,165
Investment Income $14,565
Other Revenue $705
TOTAL REVENUE $1,822,435

Expense Breakdown

Grants Paid $0
Salaries & Benefits $918,013
Fundraising Expenses $0
Program Expenses $1,315,537
Other Expenses $686,747
TOTAL EXPENSES $1,604,760

Year-over-Year Comparison

2023 2022 Change
Revenue $1,822,435 $1,595,886 +0.1%
Expenses $1,604,760 $1,417,067 +0.1%
Net Income $217,675 $178,819 +0.2%
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

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Governance

Voting Members
12
Independent Members
11
Employees
7
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
0
$0
Total Directors
12
$215,754
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Troy LaRaviere President 40
Director Highest
$215,754 $0 $215,754
Kent Lau Director of Operations 40
Highest
$123,670 $0 $123,670
Samantha Odyniec Deputy General Counsel 40
Highest
$119,122 $0 $119,122
Alahrie Aziz-Sims Governing Body Member 1
Director
$0 $0 $0
Tyrone Dowdell Governing Body Member 1
Director
$0 $0 $0
Safurat Giwa Governing Body Member 1
Director
$0 $0 $0
Tonya Tolbert Governing Body Member 1
Director
$0 $0 $0
Alesia Franklin-Allen Governing Body Member 1
Director
$0 $0 $0
Cy Hendrickson Secretary 1
Director
$0 $0 $0
Ryan Belville Governing Body Member 1
Director
$0 $0 $0
Israel Perez Governing Body Member 1
Director
$0 $0 $0
Susan Paik Governing Body Member 1
Director
$0 $0 $0
Rashad Talley Governing Body Member 1
Director
$0 $0 $0
Linda Williams Governing Body Member 1
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 $1,822,435 $1,604,760 $820,659 $217,675
2023 $1,595,886 $1,417,067 $572,560 $178,819
2022 $1,161,663 $946,647 $362,743 $215,016
2021 $838,224 $830,084 $171,989 $8,140
2020 $712,143 $673,617 $128,897 $38,526
2019 $597,598 $617,828 $76,442 $-20,230
2018 $672,602 $640,802 $97,226 $31,800
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