The Chicago Network Inc

EIN: 363099583 501(c)(3) Community Improvement

Chicago, IL

Total Revenue
$1,665,214
Total Expenses
$1,372,339
Total Assets
$3,850,841
Net Assets
$2,909,837
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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
1979
Legal Domicile
IL
Principal Officer
Maria Doughty
Phone
3127871990
Tax Period
2024-07-01 to 2025-06-30

The Chicago Network Inc, founded in 1979, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2024. The organization ran a surplus of $293K, a strong 18% operating margin.

Mission

To educate members and the public on issues related to advancement of women in the workplace.

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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 $1,465,649
Program Service Revenue $0
Investment Income $108,992
Other Revenue $90,573
TOTAL REVENUE $1,665,214

Expense Breakdown

Grants Paid $0
Salaries & Benefits $755,145
Fundraising Expenses $182,944
Program Expenses $447,066
Other Expenses $617,194
TOTAL EXPENSES $1,372,339

Year-over-Year Comparison

2024 2023 Change
Revenue $1,665,214 $1,553,249 +0.1%
Expenses $1,372,339 $1,343,700 +0.0%
Net Income $292,875 $209,549 +0.4%
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
22
Independent Members
22
Employees
4
Volunteers
175

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
$464,954
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deb Boyda Chair 1.00
Officer Director
$0 $0 $0
Tracey Benford Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Suzet McKinney Immediate Past Chair 1.00
Officer Director
$0 $0 $0
Aurelie Richard Director 1.00
Director
$0 $0 $0
Barbra Bukovac Director 1.00
Director
$0 $0 $0
Beth Kirk Malecki Director 1.00
Director
$0 $0 $0
Cathy Birkeland Director 1.00
Director
$0 $0 $0
Celena Sarillo Director 1.00
Director
$0 $0 $0
Christina Corley Director 1.00
Director
$0 $0 $0
Dana Thompson Director 1.00
Director
$0 $0 $0
Francesca DeBiase Director 1.00
Director
$0 $0 $0
Janet Foutty Director 1.00
Director
$0 $0 $0
Jennifer Lyons Director 1.00
Director
$0 $0 $0
Julie Scott Director 1.00
Director
$0 $0 $0
Marsha Cruzan Director 1.00
Director
$0 $0 $0
Natashia Galavotti Director 1.00
Director
$0 $0 $0
Sara Greenstein Director 1.00
Director
$0 $0 $0
Sidney Dillard Director 1.00
Director
$0 $0 $0
Sona Wang Director 1.00
Director
$0 $0 $0
Susan Jacobs Director 1.00
Director
$0 $0 $0
Yonhee Gordon Director 1.00
Director
$0 $0 $0
Zaldwaynaka Scott Director 1.00
Director
$0 $0 $0
Maria Doughty President & CEO 40.00
Officer
$424,000 $40,954 $464,954
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 $1,665,214 $1,372,339 $3,850,841 $292,875
2024 $1,553,249 $1,343,700 $2,985,714 $209,549
2023 $1,523,518 $1,221,280 $2,791,437 $302,238
2022 $1,399,879 $1,098,306 $2,416,958 $301,573
2021 $2,053,360 $1,053,590 $2,387,450 $999,770
2020 $479,731 $1,386,526 $1,798,483 $-906,795
2019 $1,439,760 $1,653,460 $2,335,431 $-213,700
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