CHICAGO EDUCATION PARTNERSHIP

EIN: 464015368 501(c)(3) Education

CHICAGO, IL

Total Revenue
$14,803,390
Total Expenses
$14,356,299
Total Assets
$9,296,304
Net Assets
$3,937,763
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
IL
Principal Officer
MICHAEL ROGERS
Phone
3126839695
Tax Period
2024-07-01 to 2025-06-30

CHICAGO EDUCATION PARTNERSHIP, founded in 2013, is a community nonprofit in the Education sector that reported $4.6M in total revenue in fiscal year 2017. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $4.0M left a modest 13% surplus.

Mission

TO CREATE A SCHOOL THAT DRAMATICALLY TRANSFORMS THE LIVES OF K-8 STUDENTS AND PREPARES THEM FOR SUCCESS IN COLLEGE AND IN LIFE THROUGH: THE DELIVERY OF A RIGOROUS AND PERSONALIZED ACADEMIC PROGRAM, A FOCUS ON HOLISTIC EDUCATION, AND THE DEVELOPMENT OF STRONG CHARACTER.

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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 $13,574,494
Program Service Revenue $1,067,432
Investment Income $153,166
Other Revenue $8,298
TOTAL REVENUE $14,803,390

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,946,464
Fundraising Expenses $95,135
Program Expenses $13,103,075
Other Expenses $4,409,835
TOTAL EXPENSES $14,356,299

Year-over-Year Comparison

2024 2023 Change
Revenue $14,803,390 $14,495,961 +0.0%
Expenses $14,356,299 $13,792,521 +0.0%
Net Income $447,091 $703,440 -0.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
151
Volunteers
5

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
4
$317,376
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNITA TRAVIS CHAIRMAN 1.00
Officer Director
$0 $0 $0
VIVETTE PAYNE VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
DAMIEN HOWARD TREASURER 1.00
Officer Director
$0 $0 $0
MIKA KRAUSE BOARD MEMBER 1.00
Director
$0 $0 $0
MALCOLM BRYANT PARENT REPRESENTATIVE 1.00
Director
$0 $0 $0
MICHAEL ROGERS EXECUTIVE DIRECTOR 40.00
Officer
$248,271 $69,105 $317,376
LARITA HENRY ELEMENTARY SCHOOL PRINCIPAL 40.00
Highest
$141,682 $36,028 $177,710
KERRY BARTHOLOMEW ASSISTANT PRINCIPAL 40.00
Highest
$108,025 $4,725 $112,750
MICHELL EDWARDS-HICKS MIDDLE SCHOOL PRINCIPAL 40.00
Highest
$114,100 $20,684 $134,784
LISA RUSEN DIRECTOR OF SCHOOL CULTURE 40.00
Highest
$101,010 $15,480 $116,490
ALEXANDRA WAZNY ASSISTANT PRINCIPAL 40.00
Highest
$103,395 $16,377 $119,772
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 $14,803,390 $14,356,299 $9,296,304 $447,091
2024 $14,495,961 $13,792,521 $9,815,063 $703,440
2023 $12,711,313 $13,751,907 $9,856,766 $-1,040,594
2022 $11,929,618 $11,097,226 $4,702,841 $832,392
2021 $9,286,755 $7,874,579 $3,650,699 $1,412,176
2020 $6,730,330 $6,705,662 $2,784,350 $24,668
2019 $5,631,797 $5,588,918 $1,912,636 $42,879
2018 $4,626,899 $4,003,313 $1,751,517 $623,586
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