Form 990 for tax year 2023
Filed by CHICAGO HEIGHTENING OPPORTUNITY AND POTENTIAL FOR EDUCATIONAL SUCCESS.
Totals
- Total revenue
- $1,376,864
- Total expenses
- $1,177,575
- Contributions and grants received
- $1,380,358
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $15,241
- Other revenue
- -$18,735
- Total assets, end of year
- $1,508,788
- Total liabilities, end of year
- $17,164
- Net assets or fund balances, end of year
- $1,491,624
- Program services expenses (Part IX)
- $966,282
- Management and general expenses
- $133,164
- Fundraising expenses
- $78,129
- Program service expenses (Part III)
- $966,282
Program services were 82.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,380,358
-
1g · Noncash contributions included above
$30,636
-
3 · Investment income
total $15,241 · excluded $15,241
-
8a · Fundraising events: gross income
$39,125
-
8b · Fundraising events: direct expenses
$57,860
-
8c · Net income from fundraising events
total -$18,735 · excluded -$18,735
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $817,722 · program services $676,604 · management and general $70,983 · fundraising $70,135
-
11g · Fees: other
total $9,523 · management and general $9,523
-
12 · Advertising and promotion
total $5,988 · program services $4,790 · management and general $1,198
-
13 · Office expenses
total $1,046 · program services $837 · management and general $209
-
16 · Occupancy
total $39,309 · program services $31,447 · management and general $7,862
-
22 · Depreciation, depletion and amortization
total $7,020 · management and general $7,020
-
23 · Insurance
total $2,426 · program services $1,941 · management and general $485
-
24a · Other expenses: Program costs
total $202,160 · program services $202,160
-
24b · Other expenses: Development
total $4,468 · fundraising $4,468
-
24c · Other expenses: Meals and entertainment
total $6,304 · program services $630 · management and general $5,674
-
24d · Other expenses: Employee Benefits
total $34,878 · program services $29,377 · management and general $2,792 · fundraising $2,709
-
24e · All other expenses
total $46,731 · program services $18,496 · management and general $27,418 · fundraising $817
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,156,100 · end of year $1,024,992
-
2 · Savings and temporary cash investments
end of year $257,911
-
3 · Pledges and grants receivable
beginning of year $120,742 · end of year $189,212
-
9 · Prepaid expenses and deferred charges
beginning of year $27,706 · end of year $28,055
-
10a · Land, buildings and equipment: cost or other basis
$26,633
-
10b · Land, buildings and equipment: accumulated depreciation
$26,633
-
10c · Land, buildings and equipment, net
beginning of year $7,020
-
15 · Other assets
beginning of year $24,417 · end of year $8,618
-
17 · Accounts payable and accrued expenses
beginning of year $22,204 · end of year $15,510
-
25 · Other liabilities
beginning of year $21,446 · end of year $1,654
-
27 · Net assets without donor restrictions
beginning of year $1,100,825 · end of year $1,231,614
-
28 · Net assets with donor restrictions
beginning of year $191,510 · end of year $260,010
Mission and programs · 2023
Mission
Providing academic support to children experiencing homelessness in Chicago and providing resources and services to families experiencing homelessness in Chicago.
-
Shelter-based after-school program for homeless children with a focus on literacy. Academic support K-5. Academic support LL 6-9. Family engagement.
Expenses $966,282
As filed on the 2023 return.
Listed in Part VII
-
Rita Kahn
Executive Director
- Total calculated
- $79,128
- From this org
- $79,128
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Maureen Pikarski
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Katherine OConnell
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Patricia Rivera
Board Member
- Total calculated
- $0
- Hours/week
- 4
-
Art Safer
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Ted Lindholm
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Amy Anthony
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Korf
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Christine Brynaert
Board Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Andrew Flynn
Board President
- Total calculated
- $0
- Hours/week
- 2
-
Philip Montgomery
Board Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Markeyia Smith
Board Vice President
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 21 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403129349305050
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