CHICAGO RETIRED TEACHERS AID FUND INC (EIN 363464898) - Form 990 Financial Analysis & Trantor Score

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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

1986

Legal Domicile

Phone

3127501522

Tax Period

2024-01-01 to 2024-12-31

CHICAGO RETIRED TEACHERS AID FUND INC, founded in 1986, is a small nonprofit that reported $341K in total revenue in fiscal year 2024. Revenue fell 88% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $235K, a strong 69% operating margin.

Mission

TO ASSIST INDIGENT RETIRED CHICAGO PUBLIC SCHOOL TEACHERS THROUGH GRANTS-IN-AID AND IN SUCH OTHER FINANCIAL MATTERS AS MAY BE APPROPRIATE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $18,341

Program Service Revenue $0

Investment Income $322,918

Other Revenue $0

TOTAL REVENUE $341,259

Expense Breakdown

Grants Paid $12,054

Salaries & Benefits $30,732

Fundraising Expenses $0

Program Expenses $12,054

Other Expenses $63,741

TOTAL EXPENSES $106,527

Year-over-Year Comparison

	2024	2023	Change
Revenue	$341,259	$2,925,392	-0.9%
Expenses	$106,527	$91,023	+0.2%
Net Income	$234,732	$2,834,369	-0.9%

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

Governance

Voting Members

Independent Members

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

Total Directors

$10,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARLENE R CRANDALL	Executive Dir.	15.00	Director	$10,800	$0	$10,800
RAPHAEL A JUSS	Director	0.00	Director	$0	$0	$0
BERNICE S ESHOO	Director	0.00	Director	$0	$0	$0
ELAINE L SCHAIN	Director	0.00	Director	$0	$0	$0
CARLENE LUTZ	Director	0.00	Director	$0	$0	$0
PATRICK M KEATING	2ND VICE PRES.	0.00	Officer	$0	$0	$0
RITA M NAUGHTON	1ST VICE PRES.	0.00	Officer	$0	$0	$0
HUBERT C JACKSON JR	Treasurer	0.00	Officer	$0	$0	$0
LOUELLA B PRESTON	President	0.00	Officer	$0	$0	$0
LINDA R WILLIAMS	IMMEDIATE PAST PRESIDENT	0.00		$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	$220,863	$106,527	$3,534,512	$114,336
2024	$341,259	$106,527	$6,059,694	$234,732
2023	$2,925,392	$91,023	$5,705,147	$2,834,369
2023	$520,608	$91,023	$3,300,363	$429,585
2022	$135,307	$87,701	$2,888,329	$47,606
2021	$143,039	$92,310	$3,430,072	$50,729
2020	$257,926	$86,720	$3,141,822	$171,206
2019	$220,122	$95,621	$2,661,402	$124,501
2018	$197,222	$94,329	$2,280,281	$102,893

CHICAGO RETIRED TEACHERS AID FUND INC