CHICAGO PUBLIC EDUCATION FUND

EIN: 364279013 501(c)(3) Education

CHICAGO, IL

Total Revenue
$6,923,244
Total Expenses
$6,453,836
Total Assets
$41,819,615
Net Assets
$40,499,515
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
IL
Principal Officer
HEATHER Y ANICHINI
Phone
3125584500
Tax Period
2023-01-01 to 2023-12-31

CHICAGO PUBLIC EDUCATION FUND, founded in 1999, is a community nonprofit in the Education sector that reported $6.9M in total revenue in fiscal year 2023. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $6.5M left a modest 7% surplus.

Mission

THE FUND'S PROGRAM, POLICY, AND PARTNERSHIP EFFORTS GIVE CHICAGO'S INNOVATIVE EDUCATORS THE TIME AND TOOLS TO FOCUS ON TEACHING AND LEARNING AND IMPROVE SCHOOLS. IN 2023, THE FUND LAUNCHED PROGRAMMING FOR CHICAGO LEADS, A 50 MILLION DOLLAR CAMPAIGN DESIGNED TO SUPPORT STRONG LEADERS IN SCHOOLS CITYWIDE. IN THE 2022-23 SCHOOL YEAR, OUR PROGRAMS AND PARTNERSHIPS SUPPORTED 333 LEADERS ACROSS 253 SCHOOLS. OVER HALF OF OUR PARTICIPANTS WERE LEADERS OF COLOR: 44.4% IDENTIFIED AS BLACK AND 14.1% IDENTIFIED AS LATINO/A/X. WE CONTINUOUSLY ENGAGE LOCAL LEADERS IN OUR WORK. OUR EDUCATOR ADVISORY COMMITTEE AND LOCAL SCHOOL COUNCIL FOCUS GROUP ADVISED US ON ASPECTS OF FOUR REPORTS IN 2023. EACH PUBLISHED REPORT SHARES INFORMATION ON SCHOOL PRACTICES DESIGNED TO AMPLIFY STUDENT LEARNING.

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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 $6,524,752
Program Service Revenue $0
Investment Income $395,618
Other Revenue $2,874
TOTAL REVENUE $6,923,244

Expense Breakdown

Grants Paid $904,039
Salaries & Benefits $3,038,743
Fundraising Expenses $201,630
Program Expenses $5,546,379
Other Expenses $2,511,054
TOTAL EXPENSES $6,453,836

Year-over-Year Comparison

2023 2022 Change
Revenue $6,923,244 $24,687,762 -0.7%
Expenses $6,453,836 $5,895,317 +0.1%
Net Income $469,408 $18,792,445 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
22
Employees
43
Volunteers
22

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
5
$416,207
Total Directors
23
$0
Key Employees
3
$604,430
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENT GLEDHILL CHAIR 4.00
Officer Director
$0 $0 $0
HELEN ZELL VICE CHAIR 2.00
Officer Director
$0 $0 $0
BARBARA MALOTT KIZZIAH SECRETARY 2.00
Officer Director
$0 $0 $0
JILL GARLING TREASURER 4.00
Officer Director
$0 $0 $0
ELLEN ALBERDING DIRECTOR 1.00
Director
$0 $0 $0
GILLIAN DARLOW DIRECTOR 1.00
Director
$0 $0 $0
JOHN DUGENSKE DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY EVANS DIRECTOR 1.00
Director
$0 $0 $0
JIM FRANK DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA HERZOG DIRECTOR 1.00
Director
$0 $0 $0
KELLY HOWE DIRECTOR 1.00
Director
$0 $0 $0
STUART LUCAS DIRECTOR 1.00
Director
$0 $0 $0
KAREN MAY DIRECTOR 1.00
Director
$0 $0 $0
SIDDHARTH MEHTA DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY MILLER DIRECTOR 1.00
Director
$0 $0 $0
AUYANA ORR DIRECTOR 1.00
Director
$0 $0 $0
JESSE RUIZ DIRECTOR 1.00
Director
$0 $0 $0
ANDREA SAENZ DIRECTOR 1.00
Director
$0 $0 $0
PENNY BENDER SEBRING DIRECTOR 1.00
Director
$0 $0 $0
ERIC SMITH DIRECTOR 1.00
Director
$0 $0 $0
DAVID VITALE DIRECTOR 1.00
Director
$0 $0 $0
DANDRE J WEAVER DIRECTOR 1.00
Director
$0 $0 $0
JUDY POMERANZ DIRECTOR THRU 1/20/23 1.00
Director
$0 $0 $0
HEATHER Y ANICHINI PRESIDENT & CEO 55.00
Officer
$365,875 $50,332 $416,207
NELSON GEREW CHIEF PUBLIC AFFAIRS OFFICER 40.00
Key Emp
$210,000 $8,923 $218,923
MARIEL LAUREANO DIRECTOR, EDUCATOR SUPPORTS 40.00
Key Emp
$176,308 $32,072 $208,380
JULIE BURNETT DIRECTOR, PARTNERSHIP AND INNOVATION 40.00
Key Emp
$161,151 $15,976 $177,127
ANNIE BRINGEWATT DIRECTOR, DATA & STRATEGY 40.00
Highest
$121,709 $6,975 $128,684
ESTHER LEE DIRECTOR, PEOPLE AND OPERATIONS 40.00
Highest
$120,412 $6,716 $127,128
BRIDGET LEE DIRECTOR, ENGAGEMENT/DEVELOPMENT 40.00
Highest
$141,488 $17,105 $158,593
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 $6,923,244 $6,453,836 $41,819,615 $469,408
2022 $24,687,762 $5,895,317 $40,657,031 $18,792,445
2021 $5,321,467 $5,548,637 $21,727,022 $-227,170
2020 $2,833,776 $4,727,727 $21,173,102 $-1,893,951
2019 $6,280,980 $5,085,823 $23,045,007 $1,195,157
2018 $11,278,857 $4,502,503 $21,901,790 $6,776,354
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