Filipino American Council of Greater Chicago
Nonprofit profile at a glance
- EIN
- 366124469
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Chicago, IL, USA
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $157,475
- Expenses
- $97,487
- Assets
- $168,218
- Liabilities
- $28,958
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Jerry Clarito (President)
People named in this filing
- Jerry Clarito (President)
- Norberto Luna (Executive Trustee)
- Corazon Sopena (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Charitable purpose -To enhance the quality of life for Filipinos and Filipino Americans in Greater Chicago through advocacy cultural enrichment educational support economic development and community-building initiatives. We will remain a steadfast ally for our kababayans compatriots immigrants and citizens alike. Our facility will continue to be a sanctuary of support a beacon of hope and a vibrant hub for empowerment and will become a home away from home for many immigrants.
What it reported doing in 2024
SCREEN Program Screening for Cancer Reducing Inequity and Engaging Neighborhood - Hosted listening sessions attended by at least 100 Filipinas. Increased knowledge and screening rates for breast and cervical cancer in the Filipino-American community. Enhanced community capacity for culturally tailored outreach education and referrals leading to improved screening opportunities. Referred at least 38 Filipinas to cancer screenings. Strengthened community health workers abilities to educate motivate and navigate individuals to healthcare. Generated best practice recommendations for health education and healthcare navigation.
Operating model
- Revenue model
- Donor-supported. 63% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. 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: 11
- Transparency & Controls: 82
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 8.9%; rating input score 9
- Program expense ratio: 15.4%; rating input score 15
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 38.1%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 1.73; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 61.5% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 33.5% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 41.5% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 8.9% of revenue deployed · 15.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $15K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 9/100.
- High — Financial Efficiency: Program expense ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.