THE CHICAGO BAR FOUNDATION (EIN 366109584) - 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

1948

Legal Domicile

Principal Officer

ROBERT GLAVES

Phone

3125541205

Tax Period

2023-06-01 to 2024-05-31

THE CHICAGO BAR FOUNDATION, founded in 1948, is a mid-sized nonprofit in the Education sector that reported $11.1M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $10.1M left a modest 9% surplus.

Mission

THE CHICAGO BAR FOUNDATION MOBILIZES CHICAGO'S LEGAL COMMUNITY TO IMPROVE ACCESS TO JUSTICE.

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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 $11,097,886

Program Service Revenue $37,113

Investment Income $95,209

Other Revenue $-145,675

TOTAL REVENUE $11,084,533

Expense Breakdown

Grants Paid $7,442,225

Salaries & Benefits $1,324,502

Fundraising Expenses $269,942

Program Expenses $9,405,590

Other Expenses $1,375,258

TOTAL EXPENSES $10,141,985

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,084,533	$9,898,837	+0.1%
Expenses	$10,141,985	$10,150,586	0.0%
Net Income	$942,548	$-251,749	-4.7%

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

Volunteers

300

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

$160,445

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENYA JENKINS-WRIGHT	PRESIDENT	3.00	Officer Director	$0	$0	$0
SANG-YUL LEE	1ST VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
THOMAS V PANOFF	2ND VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
NANCY S GERRIE	TREASURER	3.00	Officer Director	$0	$0	$0
GRETA WEATHERSBY	SECRETARY	3.00	Officer Director	$0	$0	$0
RACHEL M CANNON	DIRECTOR	2.00	Director	$0	$0	$0
HON ALISON C CONLON	DIRECTOR	2.00	Director	$0	$0	$0
VIDA CRUZ	DIRECTOR	2.00	Director	$0	$0	$0
KAREEM DALE	DIRECTOR	2.00	Director	$0	$0	$0
MEGAN DEVANEY	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER J ESBROOK	DIRECTOR	2.00	Director	$0	$0	$0
RANDALL R FEARNOW	DIRECTOR	2.00	Director	$0	$0	$0
DAVID GORDON	DIRECTOR	2.00	Director	$0	$0	$0
ANNE GERAGHTY HELMS	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT T HOWELL III	DIRECTOR	2.00	Director	$0	$0	$0
HON LASHONDA A HUNT	DIRECTOR	2.00	Director	$0	$0	$0
COLBY ANNE KINGSBURY	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH P LEWIS	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH LOPEZ	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL BERKOWITZ	DIRECTOR	2.00	Director	$0	$0	$0
NADERH ELRABADI	DIRECTOR	2.00	Director	$0	$0	$0
MARCIE LAPE	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL LEHRMAN	DIRECTOR	2.00	Director	$0	$0	$0
AMY B MANNING	DIRECTOR	2.00	Director	$0	$0	$0
MAGGIE MENDENHALL CASEY	DIRECTOR	2.00	Director	$0	$0	$0
LISA MONTEZ	DIRECTOR	2.00	Director	$0	$0	$0
IAN H MORRISON	DIRECTOR	2.00	Director	$0	$0	$0
HON NICHOLE C PATTON	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN ROBINSON	DIRECTOR	2.00	Director	$0	$0	$0
JOHN SCIACCOTTA	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN VALENTINE	DIRECTOR	2.00	Director	$0	$0	$0
SANDRA YAMATE	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT GLAVES	EXECUTIVE DIRECTOR	60.00	Officer	$144,187	$16,258	$160,445
MELANIE MACBRIDE	COO	50.00	Highest	$101,020	$32,526	$133,546

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
2025	No data	No data	No data	No data
2024	$11,084,533	$10,141,985	$3,483,220	$942,548
2023	$9,898,837	$10,150,586	$5,312,564	$-251,749
2022	$8,402,012	$8,069,061	$2,729,689	$332,951
2021	$5,326,307	$4,964,002	$3,624,182	$362,305
2020	$2,724,188	$3,789,714	$2,389,273	$-1,065,526
2019	$3,741,514	$3,956,329	$2,532,589	$-214,815

THE CHICAGO BAR FOUNDATION