Keep Chicago Affordable

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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

2024

Legal Domicile

Principal Officer

Keep Chicago Affordable

Phone

3126731301

Tax Period

2024-01-01 to 2024-12-31

Keep Chicago Affordable, founded in 2024, is a small nonprofit that reported $893K in total revenue in fiscal year 2024.

Mission

The organization promoted the public interest by educating the public and engaging in related advocacy activities related to the proposed real estate transfer tax in Chicago.

Program Service Accomplishments

Program 1

Expenses: $893,363

The effort successfully educated business, skilled labor and real estate stakeholders of the negative impact the proposed real estate transfer tax would have on Chicago homeowners, renters and the...

The effort successfully educated business, skilled labor and real estate stakeholders of the negative impact the proposed real estate transfer tax would have on Chicago homeowners, renters and the local economy.

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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 (2024)

Revenue Breakdown

Contributions & Grants $893,363

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $893,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $893,363

Other Expenses $893,363

TOTAL EXPENSES $893,363

Year-over-Year Comparison

	2024	2023	Change
Revenue	$893,363	N/A	N/A
Expenses	$893,363	N/A	N/A
Net Income	$0	$0	N/A

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

N/A

Independent Members

N/A

Employees

N/A

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
Dave Smolensky	President	1	Officer	$0	$0	$0
Adam Gypalo	Secretary	1	Officer	$0	$0	$0
Lauren Popiel	Director	1	Officer	$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	$893,363	$893,363	No data	No data