Kovitz Cares Foundation
Nonprofit profile at a glance
- EIN
- 844317846
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025
- Location
- Chicago, IL, USA
- Phone
- 3123347300
- Rating confidence
- Limited
- Sector
- Philanthropy, Charity, Voluntarism Promotion
Reported finances
- Revenue
- $0
- Expenses
- $12,841
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CAROLYN E RADEN (PRESIDENT AND TREASURER)
People named in this filing
- MITCHELL A KOVITZ (VP AND DIRECTOR)
- THEODORE J RUPP (VP AND DIRECTOR)
- CAROLYN E RADEN (PRESIDENT AND 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
Kovitz cares foundation was organized to raise funds, primarily through fundraising activities, and to provide grants to other local 501(c)(3) organizations that support education and provide economic opportunities and assistance for people in need.
What it reported doing in 2025
During 2021 and 2023, the foundation participated in fundraising events facilitated by another 501 (c)(3) organization, nourishing hope (fka lakeview pantry). 2024 was a planning year. During 2024, the foundation received a donation, paid a grant, paid outstanding prizes from the 2023 event and paid it's annual fees. 2025 was the final year of the foundation. It submitted articles of dissolution with the il sos. During 2025, after paying insurance and annual fees, the remaining cash was distributed as grants to three local 501(c)(3) organizations.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 82
- Sustainability: 7
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 3; 3rd 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: 27.8% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 4% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: -6.5% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $13K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2020 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: Total-asset coverage ratio scored 3/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.