Changing Life Education Initiative
Nonprofit profile at a glance
- EIN
- 800192343
- IRS 990 coverage
- 2011–2016
- Forms available
- Form 990 2016
- Location
- Chicago, IL, USA
- Phone
- 8005209946
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $1,066,823
- Expenses
- $1,052,299
- Assets
- $14,087
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Audrey Johnson (CEO/Executive Director)
Highest reported compensation
- Audrey Johnson (CEO/Executive Director): $58,356 total reported compensation
- Lionel Harden (Program Manager): $25,360 total reported compensation
- Aaron B Cage (Chief Financial Officer): $23,917 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to establish a safe, nurturing environment where youth and young parents can be positively influenced to progressively increase their academic ability, economic development, social awareness, health awareness, and natural creative talents, through enhanced academic tutoring, occupational training, life coaching, healthy lifestyle, fine arts instruction, and college preparation.
What it reported doing in 2016
The One Summer Chicago Program is a special violence prevention program via youth summer employment targeting high risk youth who reside in the highest risk communities. Participants receive a 20-hour per week, seven -week work experience and are given additional assistance to help overcome barriers, complete the program and develop transferable career and life skills. Youth in this program receive intensive mentoring, job coaching and skill development in addition to employment.
Operating model
- Revenue model
- Grant-funded. 100% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 90
- Accountability: 63
- Sustainability: 36
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.6%; rating input score 99
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 9 controls in place; rating input score 11
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 1.4%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 95; 95th percentile among comparable filings
- Officer compensation ratio: 10.6%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 47.7% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 15.2% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: -52.9% per year; rating input score 0; 1st percentile among comparable filings
Details
- Where the money goes: 98.6% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 3 board members independent · 1 of 9 filing controls reported
- Programs: 5 filed program accomplishments · $1.1M in reported program spending
- Leadership: top reported pay $58K · 4 people listed
- Consistency: 12 of 12 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2011 to 2016
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 7 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.