MACONITE SCHOLARSHIP ORGANIZATION OF CHICAGO ILLINOIS

EIN: 363353548 501(c)(3)

MATTESON, IL

Total Revenue
$5,873
Total Expenses
$1,450
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
IL
Principal Officer
BERNICE MAXWELL
Phone
7087204209
Tax Period
2023-01-01 to 2023-12-31

MACONITE SCHOLARSHIP ORGANIZATION OF CHICAGO ILLINOIS, founded in 2012, is a micro nonprofit that reported $6K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4K, a strong 75% operating margin.

Mission

TO PROVIDE SCHOLARSHIPS FOR STUDENTS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,873
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,873

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $840
Program Expenses $4,000
Other Expenses $1,450
TOTAL EXPENSES $1,450

Year-over-Year Comparison

2023 2022 Change
Revenue $5,873 $4,520 +0.3%
Expenses $1,450 $769 +0.9%
Net Income $4,423 $3,751 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
N/A
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BERNICE MAXWELL PRESIDENT N/A
Officer
$0 $0 $0
LATRIECE MURRAY SECRETARY N/A
Officer
$0 $0 $0
MARY ALLEN TREASURER N/A
Officer
$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
2023 $5,873 $1,450 No data $4,423
2022 $4,520 $769 $5,273 $3,751
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MACONITE SCHOLARSHIP ORGANIZATION OF CHICAGO ILLINOIS with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.