The Chicago Scholars Foundation

Education organization based in Chicago, IL. 125 employees. Exempt under §501(c)(3).

MissionCHICAGO SCHOLARS IS TRANSFORMING THE LEADERSHIP LANDSCAPE OF OUR CITY BY RESOLVING THE FUNDAMENTAL BARRIERS TO SUCCESS FOR ACADEMICALLY DRIVEN, FIRST GENERATION COLLEGE STUDENTS FROM UNDER-RESOURCED COMMUNITIES. THROUGH COLLEGE COUNSELING, MENTORING, AND BY PROVIDING A SUPPORTIVE

EIN
36-4117530
State
IL
Sector
Education
Budget band
$5M–$10M
Latest filing
TY 2023
Records
5 officers · 5 years

Financial snapshot · TY 2023

$6.5M
Total revenue
$7.6M
Total expenses
$11.1M
Net assets

Financial health · TY 2023

33
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
5
0.8 months of expenses
Program efficiency
68
77% spent on programs
Revenue diversity
18
Mix of program fees, grants & contributions

Leadership compensation

$220,682
75th percentile vs. peers
Brooke Mckean
PRESIDENT
$191,870
75th percentile vs. peers
Rachael Carbone
CHIEF DEVELOPMENT & OPERATIONS OFFICER
$169,798
77th percentile vs. peers
Tamara Pope
VP OF PROGRAMS
$151,164
48th percentile vs. peers
Derrick Fleming Jr
MANAGING DIRECTOR,STRATEGI
$108,995
75th percentile vs. peers

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The Chicago Scholars Foundation Executive Compensation | 990 Data | DoubleNine