Harambee Chicago Foundation
Nonprofit profile at a glance
- EIN
- 463061073
- IRS 990-EZ coverage
- 2015–2016
- Forms available
- Form 990-EZ 2016
- Location
- Chicago, IL, USA
- Phone
- 7736589732
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Urban, Community Economic Development
- Affiliation
- Christianity
Reported finances
- Revenue
- $178,812
- Expenses
- $180,470
- Assets
- $20,483
- Liabilities
- $28
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- MARK BLACKWELL (President)
- DICK MCCLAIN (Vice President)
- MICHELLE JOHNSON (Executive Director)
People named in this filing
- MARK BLACKWELL (President)
- DICK MCCLAIN (Vice President)
- TANYA BURNELL (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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To transform and encourage at-risk youth with the hope of the gospel of Jesus Christ and empower them to know and experience the value and dignity
What it reported doing in 2016
Job training for youth through classroom training and hands on experience in community volunteer projects.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 100
- Sustainability: 28
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.2%; rating input score 86
- Program expense ratio: 85.4%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -0.9%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.11; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 22.2%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 13% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 10.3% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: -7.7% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 86.2% of revenue deployed · 85.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $154K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2015 to 2016
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 17/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.