ILLINOIS PRISON PROJECT

EIN: 834052929 501(c)(3)

CHICAGO, IL

Total Revenue
$4,011,672
Total Expenses
$4,143,026
Total Assets
$1,146,256
Net Assets
$1,096,568
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
IL
Principal Officer
SARAH GRADY
Phone
3123244463
Tax Period
2024-07-01 to 2025-06-30

ILLINOIS PRISON PROJECT, founded in 2019, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

THROUGH ADVOCACY, PUBLIC EDUCATION, AND DIRECT REPRESENTATION OF THOUSANDS OF NEEDLESSLY INCARCERATED PEOPLE, WE BRING HOPE TO AND FIGHT IN COMMUNITY WITH INCARCERATED PEOPLE AND THEIR LOVED ONES FOR A BRIGHTER, MORE HUMANE, MORE JUST SYSTEM FOR US ALL.

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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 $4,004,130
Program Service Revenue $31,097
Investment Income $0
Other Revenue $-23,555
TOTAL REVENUE $4,011,672

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,419,830
Fundraising Expenses $160,843
Program Expenses $3,685,361
Other Expenses $723,196
TOTAL EXPENSES $4,143,026

Year-over-Year Comparison

2024 2023 Change
Revenue $4,011,672 $3,567,273 +0.1%
Expenses $4,143,026 $3,345,886 +0.2%
Net Income $-131,354 $221,387 -1.6%
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
11
Independent Members
11
Employees
34
Volunteers
N/A

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
$180,834
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER SOBLE Executive Dir. 40.00
Officer
$169,802 $11,032 $180,834
Rachel White Domain Director, Women & 40.00
$144,647 $8,995 $153,642
Renaldo Turner Education Director 40.00
$126,215 $13,384 $139,599
Candace Chambliss Legal Director 40.00
$127,195 $9,043 $136,238
Rebeccah Lanni Deputy Director 40.00
$120,673 $11,432 $132,105
Rachel Lindner Supervising Staff 40.00
$122,916 $9,074 $131,990
SARAH GRADY President 1.00
Officer Director
$0 $0 $0
SHEILA BEDI Secretary 1.00
Officer Director
$0 $0 $0
MELISSA MITCHELL Treasurer 1.00
Officer Director
$0 $0 $0
JEANNE BISHOP Director 0.50
Director
$0 $0 $0
LEN GOODMAN Director 0.50
Director
$0 $0 $0
JAMELIA MORGAN Director 0.50
Director
$0 $0 $0
VEENA RAIJI Director 0.50
Director
$0 $0 $0
REENA SIKDAR Director 0.50
Director
$0 $0 $0
SARAH WEISS Director 0.50
Director
$0 $0 $0
ANNA DODGE Director 0.50
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
2025 $4,011,672 $4,143,026 $1,146,256 $-131,354
2024 $3,567,273 $3,345,886 $1,106,783 $221,387
2023 $1,509,072 $1,562,150 $918,907 $-53,078
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