LONGMONT, CO
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Sign In — Free (10 views/day)CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC, founded in 1983, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.0M in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Net assets of $17.9M represent 31 months of operating reserves.
THE CORPORATION IS ORGANIZED AND WILL BE OPERATED EXCLUSIVELY FOR "CHARITABLE, SCIENTIFIC AND EDUCATIONAL AND "SOCIAL WELFARE" PURPOSES WITHIN THE MEANING OF SECTIONS 501(C)(3) AND 501(C)(4), RESPECTIVELY OF THE INTERNAL REVENUE CODE. TO THIS END, THE NONPROFIT SHALL UNDERTAKE ACTIVITIES TO: SUPPORT THE PROVISION OF QUALITY AND DIVERSE INSTRUCTIONAL MEDIA CONTENT AND CAPABILITIES TO EDUCATORS AND STUDENTS, INCLUDING, BUT NOT LIMITED TO, DATA SERVICES AND INSTRUCTIONAL VIDEO PROVIDED TO ACCREDITED EDUCATIONAL INSTITUTIONS AND GOVERNMENTAL ORGANIZATIONS ENGAGED IN THE FORMAL EDUCATION OF ENROLLED STUDENTS.
VOQAL CHICAGO PARTICIPATES IN THE EDUCATION OPPORTUNITY PROJECT (EOP). THE EOP AIMS TO MEASURABLY REDUCE EDUCATIONAL OPPORTUNITY GAPS BY PROVIDING CAPITAL AND STRATEGIC ADVICE TO ENTREPRENEURS AND...
VOQAL CHICAGO PARTICIPATES IN THE EDUCATION OPPORTUNITY PROJECT (EOP). THE EOP AIMS TO MEASURABLY REDUCE EDUCATIONAL OPPORTUNITY GAPS BY PROVIDING CAPITAL AND STRATEGIC ADVICE TO ENTREPRENEURS AND ORGANIZATIONS WORKING TO IMPROVE EDUCATIONAL OUTCOMES FOR DISADVANTAGED POPULATIONS. VOQAL NONPROFITS COLLECTIVELY SPENT $427,669, IN THE FISCAL YEAR 2024 PROGRAM WITH VOQAL CHICAGO CONTRIBUTING $302,605 TO THE PROGRAM.
VOQAL CHICAGO IS PROUD TO BE PART OF THE VOQAL FELLOWSHIP. THE VOQAL FELLOWSHIP IS AN INVESTMENT IN PEOPLE AS INDIVIDUALS AND BUDDING ENTREPRENEURS; A TALENT AND STARTUP ACCELERATOR AIMED AT GIVING...
VOQAL CHICAGO IS PROUD TO BE PART OF THE VOQAL FELLOWSHIP. THE VOQAL FELLOWSHIP IS AN INVESTMENT IN PEOPLE AS INDIVIDUALS AND BUDDING ENTREPRENEURS; A TALENT AND STARTUP ACCELERATOR AIMED AT GIVING THOSE OFTEN OVERLOOKED BY TRADITIONAL FUNDERS A CHANCE TO ENACT THEIR VISIONS. IN FISCAL YEAR 2024, EIGHT INDIVIDUALS WERE SELECTED AS FELLOWS AFTER A RIGOROUS SEARCH PROCESS. THEIR PROJECTS FOCUSED ON ISSUES RANGING FROM CIVIC MEDIA TO ONLINE TOOLS. VOQAL NONPROFITS COLLECTIVELY SPENT $384,103 IN THE FISCAL YEAR 2024 PROGRAM WITH VOQAL CHICAGO CONTRIBUTING $272,897 TO THE PROGRAM.VOQAL CHICAGO MAINTAINS A SEPARATE GRANTMAKING PROGRAM. IN FISCAL YEAR 2024, VOQAL CHICAGO MADE GRANTS TOTALING $1,539,750 TO 30 GRANTEES. EXPENSES TOTAL $271,778.
ON BEHALF OF VOQAL CHICAGO, MOBILE CITIZEN PLACES LTE WIRELESS BROADBAND ACCOUNTS WITH SCHOOLS AND NONPROFITS BOTH LOCALLY IN COLORADO AND NATIONWIDE. THE ESTIMATED NUMBER OF LTE WIRELESS BROADBAND...
ON BEHALF OF VOQAL CHICAGO, MOBILE CITIZEN PLACES LTE WIRELESS BROADBAND ACCOUNTS WITH SCHOOLS AND NONPROFITS BOTH LOCALLY IN COLORADO AND NATIONWIDE. THE ESTIMATED NUMBER OF LTE WIRELESS BROADBAND ACCOUNTS IS BASED ON VOQAL CHICAGO'S OWNERSHIP PERCENTAGE OF ALL ACTIVE ACCOUNTS AT FISCAL YEAR-END. THE ESTIMATED MARKET VALUE, BASED ON $50/MONTH, OF ACTIVE ACCOUNTS IS MORE THAN $5.4 MILLION. VOQAL CHICAGO PROVIDES SCHOOLS IN THE CHICAGO METRO AREA WITH FREE AND SUBSIDIZED HIGH-SPEED WIRELESS BROADBAND INTERNET ACCOUNTS. THE SCHOOLS ARE BOTH PUBLIC AND PRIVATE, SERVICING GRADES K-12. WE ESTIMATE THAT THE FAIR MARKET VALUE OF THESE FREE AND SUBSIDIZED ACCOUNTS IS OVER $26,400 ANNUALLY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $6,990,190 | $11,398,180 | -0.4% |
| Expenses | $6,933,811 | $11,100,655 | -0.4% |
| Net Income | $56,379 | $297,525 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DANIEL O'NEIL | CHAIR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| LILLY GLEICH | TREASURER/DIRECTOR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARBARA IVERSON | SECRETARY/DIRECTOR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARIA HADDEN | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| BRENDA WILLIAMS-SEARS | CEO/PRESIDENT | 5.00 |
Officer
|
$0 | $0 | $0 |
| ADAM MILLER | ADVISOR TO CEO/ASST SECRET | 5.00 |
Officer
|
$0 | $0 | $0 |
| LISA REED | CFO | 5.00 |
Officer
|
$0 | $0 | $0 |
| KIM BUBON | ASSISTANT SECRETARY | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $6,990,190 | $6,933,811 | $18,372,367 | $56,379 |
| 2023 | $11,398,180 | $11,100,655 | $16,910,873 | $297,525 |
| 2022 | $5,204,094 | $4,162,762 | $18,318,425 | $1,041,332 |
| 2022 | $5,204,094 | $4,162,762 | $18,318,425 | $1,041,332 |
| 2021 | $3,941,817 | $3,009,084 | $17,129,636 | $932,733 |
| 2020 | $3,185,121 | $3,480,278 | $13,634,965 | $-295,157 |
| 2019 | $2,150,637 | $1,977,670 | $14,496,699 | $172,967 |
Compare CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC with other nonprofits in Colorado and across the country.