AISC EDUCATION FOUNDATION INC

EIN: 510243833 501(c)(3) Education

CHICAGO, IL

Total Revenue
$1,409,708
Total Expenses
$602,353
Total Assets
$6,021,407
Net Assets
$6,012,889
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
IL
Principal Officer
CHARLES J CARTER
Phone
3126702400
Tax Period
2024-01-01 to 2024-12-31

AISC EDUCATION FOUNDATION INC, founded in 1959, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 143% from the prior year, signaling strong growth momentum. The organization ran a surplus of $807K, a strong 57% operating margin.

Mission

PROMOTE EDUCATION & PROVIDE SCHOLARSHIPS RELATED TO FABRICATED STRUCTURAL STEEL & ENGINEERING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,245,565
Program Service Revenue $0
Investment Income $164,143
Other Revenue $0
TOTAL REVENUE $1,409,708

Expense Breakdown

Grants Paid $452,548
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $599,132
Other Expenses $149,805
TOTAL EXPENSES $602,353

Year-over-Year Comparison

2024 2023 Change
Revenue $1,409,708 $580,682 +1.4%
Expenses $602,353 $490,437 +0.2%
Net Income $807,355 $90,245 +7.9%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
16

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
$390,456
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY GUGLIELMO CHAIR 0.50
Officer Director
$0 $0 $0
BENJAMIN R BAER VICE CHAIR 0.50
Officer Director
$0 $0 $0
GLENN R TABOLT TREASURER 0.50
Officer Director
$0 $0 $0
EDWARD SEGLIAS SECRETARY 0.50
Officer Director
$0 $0 $0
CASEY A BROWN MEMBER OF COMMITTEE 0.50
Director
$0 $0 $0
PATRICIA CLAYTON MEMBER OF COMMITTEE 0.50
Director
$0 $0 $0
BABETTE FREUND MEMBER OF COMMITTEE 0.50
Director
$0 $0 $0
DAN KADRMAS MEMBER OF COMMITTEE 0.50
Director
$0 $0 $0
JON D MAGNUSSON MEMBER OF COMMITTEE 0.50
Director
$0 $0 $0
GREGORY MICHAELSON MEMBER OF COMMITTEE 0.50
Director
$0 $0 $0
ANGIE MITCHELL MEMBER OF COMMITTEE 0.50
Director
$0 $0 $0
MACHEL MORRISON MEMBER OF COMMITTEE 0.50
Director
$0 $0 $0
KIM RODDIS MEMBER OF COMMITTEE 0.50
Director
$0 $0 $0
JEFFREY SMILOW MEMBER OF COMMITTEE 0.50
Director
$0 $0 $0
ANDREA E SUROVEK MEMBER OF COMMITTEE 0.50
Director
$0 $0 $0
DAVID ZALESNE MEMBER OF COMMITTEE 0.50
Director
$0 $0 $0
CHARLES J CARTER PRESIDENT 2.00
Officer
$0 $44,843 $390,456
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 $1,409,708 $602,353 $6,021,407 $807,355
2023 $580,682 $490,437 $5,042,631 $90,245
2022 $1,392,850 $331,828 $4,312,470 $1,061,022
2021 $378,187 $300,571 $3,619,891 $77,616
2020 $543,843 $313,405 $3,311,026 $230,438
2019 $455,479 $313,085 $2,820,136 $142,394
2018 $1,120,154 $219,280 $2,381,840 $900,874
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare AISC EDUCATION FOUNDATION INC with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.