THE JACKSON CHANCE FOUNDATION

EIN: 461400798 501(c)(3) Health Care

CHICAGO, IL

Total Revenue
$723,495
Total Expenses
$493,216
Total Assets
$3,009,012
Net Assets
$2,986,022
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
IL
Principal Officer
CARRIE MEGHIE
Phone
3123346659
Tax Period
2024-01-01 to 2024-12-31

THE JACKSON CHANCE FOUNDATION, founded in 2012, is a small nonprofit in the Health Care sector that reported $723K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $230K, a strong 32% operating margin.

Mission

JACKSON CHANCE FOUNDATION'S MISSION IS TO ENRICH THE LIVES OF FAMILIESWITH BABIES IN THE NEONATAL INTENSIVE CARE UNIT (NICU) BY ALLOWING THEMTO SPEND MORE TIME WITH THEIR CRITICALLY ILL BABY. JCF CREATED THENICU TRANSPORTATION PROGRAM TO PARTNER WITH HOSPITALS AND ENSURE THATTHE FINANCIAL BURDEN OF PARKING AND TRANSPORTATION DOES NOT STAND INTHE WAY OF ANY PARENT BEING WITH THEIR CHILD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $919,368
Program Service Revenue $0
Investment Income $25,095
Other Revenue $-220,968
TOTAL REVENUE $723,495

Expense Breakdown

Grants Paid $220,553
Salaries & Benefits $126,446
Fundraising Expenses $120,539
Program Expenses $275,591
Other Expenses $146,217
TOTAL EXPENSES $493,216

Year-over-Year Comparison

2024 2023 Change
Revenue $723,495 $661,793 +0.1%
Expenses $493,216 $524,843 -0.1%
Net Income $230,279 $136,950 +0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
1
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
2
$0
Total Directors
12
$110,031
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRY MEGHIE PRESIDENT/TREASURER 1.00
Officer Director
$0 $0 $0
CARRIE MEGHIE SECRETARY 1.00
Officer Director
$0 $0 $0
ED KRUSCHKA BOARD MEMBER 1.00
Director
$0 $0 $0
IVONA KUTERMANKIEWICZ BOARD MEMBER 1.00
Director
$0 $0 $0
PETE ZUDYK BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER WOZNIAK BOARD MEMBER 1.00
Director
$0 $0 $0
MAGGIE COLEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DEB HERMANN BOARD MEMBER 1.00
Director
$0 $0 $0
KYLE TISONE BOARD MEMBER 1.00
Director
$0 $0 $0
ALAYNA WASHINGTON CRENSHAW BOARD MEMBER 1.00
Director
$0 $0 $0
BEATA BUKOWSKI LOAN OFFICER 1.00
Director
$0 $0 $0
MARY SULLIVAN - KOWALCZYK DIRECTOR 1.00
Director
$110,031 $0 $110,031
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 $723,495 $493,216 $3,009,012 $230,279
2023 $661,793 $524,843 $2,628,707 $136,950
2022 $604,661 $458,731 $2,237,673 $145,930
2021 $738,088 $401,930 $2,439,967 $336,158
2020 $910,055 $393,516 $2,156,540 $516,539
2019 $591,972 $273,771 $1,611,655 $318,201
2018 $372,623 $307,014 $1,194,085 $65,609
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