CHICAGO POLICE MEMORIAL FOUNDATION
Mission Statement
The Chicago Police Memorial Foundation / Area 4 Ride to Remember is a not-for-profit organization dedicated to honoring the lives of our fallen heroes. The Foundation provides support and assistance to the families of Chicago Police Officers who were killed or catastrophically injured in the line of duty. The motorcycle ride consists of a ride through downtown Chicago, with a stop at The Gold Star Families Memorial and Park along the lake front followed by a luncheon. The proceeds from the events are donated to the Chicago Police Memorial Foundation (Tax ID#E9939173201). In the past ten years, through contributions and overwhelming generosity, we have raised over $100,000 to help fund the Chicago Police Memorial Foundation. We were hoping that you might be willing to supply us with a suitable prize for our raffle. If you require any more information please do not hesitate to contact me by email. We thank you for your support. With your help, we can make this year’s event another success and a difference in people’s lives!
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
70.5% | 77.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.9% | 14.4% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
23.6% | 5.4% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
38.2% | 240.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
90.6 mo | 16.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 10.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.1% | 74.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
37.6% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-3.3% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
46.8% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $6.2M | $3.3M | $24.7M | 70.5% | 9 |
| 2023 | $4.5M | $3.4M | $21.1M | 73.2% | 10 |
| 2022 | $4.4M | $3.0M | $18.4M | 70.4% | 8 |
| 2021 | $6.5M | $2.5M | N/A | — | 6 |
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