CHILDREN & TEACHERS FOUNDATION OF THE CHICAGO TEACHERS UNION

CHICAGO, IL, 60612-2401 (312) 329-9100 Est. 2014 EIN 46-5340132

B99— Education Form 990 501(c)(3)

Mission

THE CHILDREN & TEACHERS FOUNDATION OF THE CHICAGO TEACHERS UNION ("FOUNDATION") WAS ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION'S CIVIC AND CHARTIABLE PURPOSES INCLUDE THE FOLLOWING: PROVIDING ASSISTANCE TO CHICAGO PUBLIC SCHOOL EMPLOYEES AND THEIR FAMILIES, (INCLUDING RETIRED EMPLOYEES), PROVIDING ASSISTANCE TO CHICAGO PUBLIC SCHOOLS CHILDREN AND THEIR FAMILIES, SUPPORTING CHARITABLE AND EDUCATIONAL ACTIVITIES, SUPPORTING INITIATIVES AND PROGRAMS OF THE GENERAL COMMUNITY, THE CHICAGO TEACHERS UNION AND THE CHICAGO PUBLIC SCHOOLS.

Financials

Total Revenue

$103,771

Total Expenses

$740,784

Net Assets

$-2,350,977

6 employees

From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve

38.1 months deficit Deficit

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 55.6%

Expenses ↑ 2.1%

Revenue Sources

Contributions 32.3% Earned revenue 68.2%

Expense Breakdown

Program 99.4% Management 0.6%

Officers & Key Employees (8)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (5)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$103,771 ↓	$740,784	$-2,350,977
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$233,899 ↑	$725,261	$-1,713,964
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$230,259 ↑	$689,324	$-1,232,508
2019 Form 990-EZ Jul 1, 2019 to Jun 30, 2020	$169,457 ↑	$596,567	$-773,443
2017 Form 990-EZ Jul 1, 2017 to Jun 30, 2018	$42,495	$26,164	$8,739