Friends of Bennett Day School
Nonprofit profile at a glance
- EIN
- 472916208
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- Chicago, IL, USA
- Phone
- 3122366388
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $62,480
- Expenses
- $61,030
- Assets
- $9,683
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- JOEY HSU (PRESIDENT)
- VALERIE MUKHERJEE (VICE PRESIDENT)
People named in this filing
- MATT GEESMAN (DIRECTOR)
- J BRYAN WOOD (DIRECTOR)
- DR PAVITRA KOTINI SHAH (DIRECTOR)
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
Friends of bennett day school (fobds) is a 501c3 dedicated to the growth of diversity and inclusion at bennett day school (bds) via fundraising and allocating need-based grants. The fobds board allocates funds it raises to the school's financial aid applicants based on criteria it establishes to fulfill fobds's mission.
What it reported doing in 2024
Support for bennett day school families, including emergency funds, meals.
Operating model
- Revenue model
- Donor-supported. 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 100
- Sustainability: 42
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96%; rating input score 96
- Program expense ratio: 98.3%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 2.3%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 52.2% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 39.8% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: -22.3% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 96% of revenue deployed · 98.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $60K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- 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.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Review — Sustainability: Operating margin scored 50/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.