Progress Chicago
Nonprofit profile at a glance
- EIN
- 823700969
- IRS 990 coverage
- 2018–2022
- Forms available
- Form 990 2022
- Location
- Chicago, IL, USA
- Phone
- 3127043105
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Improvement, Capacity Building N.E.C.
Reported finances
- Revenue
- $50,101
- Expenses
- $53,882
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- SAM HOBERT (PRESIDENT)
People named in this filing
- ASHLEY TATE-GILMORE (SECRETARY & DIR.)
- LISA DUARTE (CHAIR/TREASURER/DIR)
- SAM HOBERT (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote the advancement of sound fiscal, education and economic development policies for the common good and welfare of the city of chicago and state of Illinois.
What it reported doing in 2022
Progress chicago aims to highlight the significant gains this city has made in recent years in education, economic development and public safety. We celebrate and fight for the achievements made on behalf of everyday chicagoans to make this city a more equitable, prosperous, and welcoming community for all. Specifically, we: communicate: we spotlight the people and policies that are working to make this city great; advocate: we advocate for measures that will benefit chicago and the region, and we seek to hold elected officials accountable to addressing issues chicagoans care about; collaborate: we partner with allied organizations and civic leaders who share our mission and help advance awareness about the progress (see sch o) chicago is making in the classroom, in commerce and in neighborhoods throughout the city. In 2021, our major communication efforts included a robust multi-channel advertising campaign highlighting the recent gains made by chicago public schools to increase awareness about the people and policies that have improved our schools and neighborhoods. Our city has made great strides in recent years in education but the threat of this work being undone was real. Progress chicago's efforts helped gear up for the major legislative battles in springfield last spring that threaten to rollback the promise of fair funding for our schools and other policies that support the continued growth in the city.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 86% 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. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 93
- Accountability: 76
- Sustainability: 33
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -7.5%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: -55.2% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -61.4% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -72.8% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 3 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 12 of 12 current checks pass
- Schedules: 3 filed schedules · includes grants
- Filing history: 4 filing years from 2018 to 2022
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Operating margin scored 53/100.
- High — Growth: Asset growth scored 0/100.