CP FUND

EIN: 872072496 501(c)(3) Philanthropy & Grantmaking

Chicago, IL

Total Revenue
$278,405
Total Expenses
$284,645
Total Assets
$43,712
Net Assets
$-29,300
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
IL
Principal Officer
Yosef Olstein
Phone
7737540588
Tax Period
2024-01-01 to 2024-12-31

CP FUND, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $278K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

Distribute funds to those in need

Program Service Accomplishments

Program 1
Expenses: $146,800

Event to provide a day of joy and entertainment for families duringthe Jewish holiday season, especially for those facing financial challenges. Event held twice a year and has become a beacon of hope...

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Event to provide a day of joy and entertainment for families duringthe Jewish holiday season, especially for those facing financial challenges. Event held twice a year and has become a beacon of hope and relief for families struggling to make ends meet Donations ensured that no family had to be concerned about the cost of admission.

Program 2
Expenses: $227,000

Funds are raised to help struggling families within the community during the Purim holiday. Money is distributed to those families to allow them to celebrate the Passover holidays with dignity and...

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Funds are raised to help struggling families within the community during the Purim holiday. Money is distributed to those families to allow them to celebrate the Passover holidays with dignity and joy by providing funds for essentials to helping to cover festival expenses

Program 3
Expenses: $21,000

General fundraising throughout the year to support local synagogues, schools and other nonprofit organizations within the Jewish community. This empowers them to continue their mission of education...

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General fundraising throughout the year to support local synagogues, schools and other nonprofit organizations within the Jewish community. This empowers them to continue their mission of education and services. Grants were provided to enhance educational services. From scholarships to infrastructure improvements, donations help foster a thriving and inclusive community where everyone has the opportuntiy to learn, grow and thrive.

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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 $425,172
Program Service Revenue $0
Investment Income $0
Other Revenue $-146,767
TOTAL REVENUE $278,405

Expense Breakdown

Grants Paid $250,595
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $394,800
Other Expenses $34,050
TOTAL EXPENSES $284,645

Year-over-Year Comparison

2024 2023 Change
Revenue $278,405 $371,813 -0.3%
Expenses $284,645 $423,911 -0.3%
Net Income $-6,240 $-52,098 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YOSEF OLSTEIN President 20.00
Officer Director
$0 $0 $0
YEHUDA HOLLANDER Vice President 5.00
Officer Director
$0 $0 $0
OR GERA Secy Treasurer 10.00
Officer 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 $278,405 $284,645 $43,712 $-6,240
2022 $104,409 $75,692 $30,000 $28,717
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