SOUTHSIDERS ORGANIZED FOR UNITY AND LIBERATION

EIN: 364174590 501(c)(3) Philanthropy & Grantmaking

CHICAGO, IL

Total Revenue
$1,268,846
Total Expenses
$688,350
Total Assets
$2,579,022
Net Assets
$2,539,022
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
IL
Phone
7733305684
Tax Period
2023-01-01 to 2023-12-31

SOUTHSIDERS ORGANIZED FOR UNITY AND LIBERATION, founded in 1997, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $580K, a strong 46% operating margin.

Mission

SOUL is a not-for-profit faith-based organization whose mission is to assist low-income people of color in the Chicago Southland to build power and then leverage it to fight for their own interests and liberation. We achieve this mission by partnering with congregations people of faith and local community groups training them in disciplined organizing strategies to build leadership educate residents about the impact of public policy engage in direct action and hold their public officials accountable to the interest of their communities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,268,149
Program Service Revenue $600
Investment Income $97
Other Revenue $0
TOTAL REVENUE $1,268,846

Expense Breakdown

Grants Paid $5,874
Salaries & Benefits $616,920
Fundraising Expenses $87,096
Program Expenses $484,684
Other Expenses $65,556
TOTAL EXPENSES $688,350

Year-over-Year Comparison

2023 2022 Change
Revenue $1,268,846 $1,409,980 -0.1%
Expenses $688,350 $609,156 +0.1%
Net Income $580,496 $800,824 -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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
12
Volunteers
100

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
6
$0
Key Employees
1
$100,002
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tanya Watkins Executive Director 40.00
Key Emp Highest
$100,002 $0 $100,002
Pastor Kwame Pitts Director 1.00
Director
$0 $0 $0
Pastor Michael Russell President 1.00
Officer
$0 $0 $0
Pastor Luther Mason Treasurer 1.00
Officer
$0 $0 $0
Shani Smith Secretary 1.00
Officer
$0 $0 $0
Erica Bland Director 0.25
Director
$0 $0 $0
Vicar Elle Dowd Director 0.25
Director
$0 $0 $0
Pastor Shawna Bowman Director 0.25
Director
$0 $0 $0
Aremu Mbande Director 0.25
Director
$0 $0 $0
Pastor Nicolette Panaranda Director 0.25
Director
$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 No data No data No data No data
2023 $1,268,846 $688,350 $2,579,022 $580,496
2022 $1,409,980 $609,156 $1,959,276 $800,824
2021 $878,720 $503,591 $1,168,814 $375,129
2020 $924,994 $392,537 $785,539 $532,457
2019 $230,518 $185,682 $252,226 $44,836
2018 $259,334 $197,293 $205,280 $62,041
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