Friends of Schurz

Nonprofit profile at a glance

EIN
813696936
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Chicago, IL, USA
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$40,179
Expenses
$53,657
Assets
$77,012

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Dena Giaccometti (president)

People named in this filing

  • Dena Giaccometti (president)
  • Katie Orozco (secretary)
  • Corey Friedman (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Charitable purposes supporting educational excellence extracurricular programs scholarships and infrastructure at Carl Schurz Hich School a public school in Chicago Illinois

What it reported doing in 2025

Scholarship programs: Awarded third-year Clarendale Scholarship renewals to six eligible Class of 2023 graduates and four eligible class of 2025 graduates. Also awarded one Phil Larsen scholarship in partnership w Bulldog Alumni Assoc for graduates pursuing post-secondary education in the trades.

Operating model

Revenue model
Donor-supported. 73% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.3%; rating input score 93
  • Program expense ratio: 69.9%; rating input score 70

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -33.5%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 1.44; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 62.4% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -58.6% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -15% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 93.3% of revenue deployed · 69.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $37K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • 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: Operating margin scored 16/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.