Chicago Teachers Union Foundation Inc
Overview
Mission
The chicago teachers union foundation, inc. ("foundation") was organized for educational and social welfare purposes within the meaning of section 501 (c) (4) of the internal revenue code. The foundation's civic and charitable purposes include the following: support of projects, programs, community organizations and other not-for-profit organizations that provide services to improve and assist public schools, teachers and their dependents and retired teachers, including financial assistance for eligible elderly and retired chicago public school teachers.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The nonprofit carried out 99% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 237076885
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Headquarters
- Chicago, IL, USA
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 69
- Accountability: 14
- Sustainability: 39
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46.7%; rating input score 47
- Program expense ratio: 21.6%; rating input score 22
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 14th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Foreign activity oversight: Limited
- Grant itemization coverage: 85.5%; rating input score 85; 24th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -74.3%; rating input score 1; 1st percentile among comparable filings
- Operating reserve ratio: 9.74; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 72; 72nd percentile among comparable filings
- Officer compensation ratio: 10.5%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: -5.6% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -17.3% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 0.6% per year; rating input score 100; 14th percentile among comparable filings
Details
- Where the money goes: 46.7% of revenue deployed · 21.6% of spending went to programs
- Governance: 0 of 4 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $925K in reported program spending
- Leadership: top reported pay $219K · 6 people listed · 0 of 6 pay-setting controls reported
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 12 annual filings from 2013 to 2024
- Money network: 3 filed money-flow records
- Related organizations: 6 filed related-organization links