Chicago Association of REALTORS Educational Foundation Inc (EIN 363746120) - 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

1990

Legal Domicile

Phone

3128034900

Tax Period

2023-10-01 to 2024-09-30

Chicago Association of REALTORS Educational Foundation Inc, founded in 1990, is a small nonprofit in the Education sector that reported $284K in total revenue in fiscal year 2023. The organization ran a surplus of $49K, a strong 17% operating margin.

Mission

TO ENCOURAGE, PROMOTE & PROVIDE EDUCATION IN THE FIELD OF REAL ESTATE AND TO PROVIDE GRANTS FOR PHILANTHROPIC PURPOSES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $249,410

Program Service Revenue $0

Investment Income $34,183

Other Revenue $0

TOTAL REVENUE $283,593

Expense Breakdown

Grants Paid $141,159

Salaries & Benefits $0

Fundraising Expenses $3,376

Program Expenses $178,094

Other Expenses $93,413

TOTAL EXPENSES $234,572

Year-over-Year Comparison

	2023	2022	Change
Revenue	$283,593	$266,661	+0.1%
Expenses	$234,572	$228,214	+0.0%
Net Income	$49,021	$38,447	+0.3%

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

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

$759,325

Total Directors

$7,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Antonia Mills	Chairperson-Elect	0.2	Officer Director	$0	$0	$0
Kelly Price	Treasurer	0.2	Officer Director	$0	$0	$0
Megan Oswald	Chairperson	0.3	Officer Director	$0	$0	$0
Erika Vilegas	Trustee (partial year)	0.2	Director	$0	$0	$6,000
Hipolito Garcia	Trustee	0.2	Director	$0	$0	$0
Keisha Williams	Trustee	0.2	Director	$0	$0	$0
Lutalo McGee	President-Elect (partial year)	0.2	Director	$0	$0	$1,500
Marion J Valle	Founding Chairman	0.2	Director	$0	$0	$0
Naja Morris	Trustee	0.2	Director	$0	$0	$0
Rachel Scheid	Trustee	0.2	Director	$0	$0	$0
Samantha D Powell	Trustee	0.5	Director	$0	$0	$0
Sarah Langum	Trustee	0.2	Director	$0	$0	$0
Sharon Aguilera	Trustee	0.2	Director	$0	$0	$0
Sheldon Good	Founding Chairman	0.2	Director	$0	$0	$0
Tiffany Jimenez	Trustee	0.2	Director	$0	$0	$0
Michelle Mills Clement	TOP Mgmt Offical & CAR CEO	0.5	Officer	$0	$40,393	$517,134
Robert Schmidt	Top Financial Official & CAR CFO	0.5	Officer	$0	$15,723	$242,191

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	$283,593	$234,572	$1,427,924	$49,021
2023	$266,661	$228,214	$1,249,410	$38,447
2022	$268,621	$280,822	$1,167,614	$-12,201
2021	$420,762	$315,115	$1,274,802	$105,647
2020	$314,144	$163,663	$1,151,463	$150,481
2019	$317,569	$208,819	$934,063	$108,750
2018	$287,002	$193,606	$829,793	$93,396

Chicago Association of REALTORS Educational Foundation Inc