CHICAGO COMMUNITY BOND FUND

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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

2015

Legal Domicile

Principal Officer

ARIANA STEELE

Phone

8443632663

Tax Period

2023-01-01 to 2023-12-31

CHICAGO COMMUNITY BOND FUND, founded in 2015, is a small nonprofit in the Crime & Legal sector that reported $752K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $1.8M exceeded revenue, resulting in a 137% operating deficit.

Mission

Program Service Accomplishments

Program 1

Expenses: $1,579,694

CCBF PAYS BOND FOR PEOPLE CHARGED WITH CRIMES IN COOK COUNTY, ILLINOIS. THROUGH A REVOLVING FUND, CCBF SUPPORTS INDIVIDUALS WHOSE COMMUNITIES CANNOT AFFORD TO PAY THE BONDS THEMSELVES AND WHO HAVE...

CCBF PAYS BOND FOR PEOPLE CHARGED WITH CRIMES IN COOK COUNTY, ILLINOIS. THROUGH A REVOLVING FUND, CCBF SUPPORTS INDIVIDUALS WHOSE COMMUNITIES CANNOT AFFORD TO PAY THE BONDS THEMSELVES AND WHO HAVE BEEN IMPACTED BY STRUCTURAL VIOLENCE. BY PAYING BOND, CCBF RESTORES THE PRESUMPTION OF INNOCENCE BEFORE TRIAL AND ENABLES RECIPIENTS TO REMAIN FREE WHILE FIGHTING THEIR CASES. CCBF ALSO ENGAGES IN PUBLIC EDUCATION ABOUT THE ROLE OF BOND IN THE CRIMINAL LEGAL SYSTEM AND ADVOCATES FOR THE ABOLITION OF MONEY BOND. CCBF IS COMMITTED TO LONG-TERM RELATIONSHIP BUILDING AND ORGANIZING WITH PEOPLE MOST DIRECTLY IMPACTED BY CRIMINALIZATION AND POLICING.

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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 $730,862

Program Service Revenue $260

Investment Income $18,166

Other Revenue $2,595

TOTAL REVENUE $751,883

Expense Breakdown

Grants Paid $0

Salaries & Benefits $942,897

Fundraising Expenses $84,826

Program Expenses $1,579,694

Other Expenses $837,504

TOTAL EXPENSES $1,780,401

Year-over-Year Comparison

	2023	2022	Change
Revenue	$751,883	$897,686	-0.2%
Expenses	$1,780,401	$1,709,185	+0.0%
Net Income	$-1,028,518	$-811,499	+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

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RIZWAAN AKHTAR	TREASURER	10.00	Officer Director	$0	$0	$0
RICKY HAMILTON	DIRECTOR	10.00	Director	$0	$0	$0
ARIANA STEELE	BOARD CHAIR	15.00	Officer Director	$0	$0	$0
ANDREA JURACEK	SECRETARY	10.00	Officer Director	$0	$0	$0
MARYAM KASHANI	DIRECTOR	10.00	Director	$0	$0	$0
VICTORIA MORENO	DIRECTOR	10.00	Director	$0	$0	$0
MICHAEL CANNON	DIRECTOR	10.00	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	$751,883	$1,780,401	$7,164,767	$-1,028,518
2022	$897,686	$1,709,185	$8,216,378	$-811,499
2021	$1,391,112	$1,447,267	$9,046,525	$-56,155
2020	$8,037,625	$857,125	$9,152,459	$7,180,500