A KNOCK AT MIDNIGHT INC
Mission Statement
A Knock At Midnight, NFP (AKAM) is a non-for-profit, 501© (3) community- based organization established in September of 2003, located on the south side of Chicago, Illiniois. AKAM primarily focuses on providing direct services in the communities of Auburn Gresham, Englewood, West Englewood, and West Chatham. However, our services are also extended throughout the city and surrounding surburban areas. AKAM's mission is to collaborate and build linkages with public schools, churches, nonprofits and private community organizations and other business and government institutions. Community collaborations are developed to provide prevention education services for youth, adults, and families. Educational trainings are implemented to build positive character and enhance the life skills of all participants through seminars, workshops, and classroom based interactive projects. All program initiatives are designed to empower the community with improved knowledge, information, and educational opportunities. AKAM's purpose is to work with families within the heart of low-income neighborhoods and communities. The goal is to increase self-sufficiency, encourage productive citizenship and produce strong leaders throughout our communities. AKAM's current program initiatives includes, Job Readiness and Financial Literacy, CPS Truancy Dropout Prevention, Teen REACH after-school program, HIV/AIDS Outreach, Computer Literacy Trainings, Youth Employment, Life Skills, and The Juvenile Justice Outreach.
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
|
89.3% | 84.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.7% | 12.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.7 mo | 9.0 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
72.7% | 18.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.6% | 89.9% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
11.5% | 7.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.6% | 8.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.7% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $4.1M | $4.1M | $246K | 89.3% | 189 |
| 2023 | $3.7M | $3.8M | $219K | 94.0% | 273 |
| 2022 | $2.9M | $2.8M | $647K | 90.0% | 273 |
| 2021 | $4.8M | $2.4M | N/A | — | 273 |
| 2020 | $2.7M | $2.8M | N/A | — | 273 |
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