FRIENDS OF AUDUBON SCHOOL
Mission Statement
Friends of Audubon (FoA), a parent-run 501(c)(3) organization, is the primary source of outside funding for Audubon School, a high-performing elementary school in the Chicago Public School (CPS) system. The sole mission of FoA is to raise money to support Audubon School. Formed in 2006, the organization supports Audubon School by developing, marketing, and managing fundraising events and activities. The primary goals of FoA are: ? To promote and support the academic and extracurricular programs at Audubon School ? To assist Audubon School in enriching its educational programs by securing, raising and arranging for funds and capital through fundraising activities, including special events, solicitations and grant requests ? To develop plans and strategies to identify and solicit individuals, community members, businesses and foundations for gift and grant support ? To foster business and community involvement to improve the quality of public education and assist Audubon School in achieving its educational objectives ? To educate the community on the advantages of charitable giving and to motivate prospects to make donations that benefit and promote the educational needs of the community ? To aid Audubon School in obtaining resources for improving and beautifying its facilities and grounds necessary for the well-being and safety of the school community
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.6% | 88.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.8% | 8.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
49.8% | 1.9% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
27.3 mo | 9.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.3% | 90.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
28.8% | 8.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
31.4% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
21.7% | 2.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $326K | $255K | $580K | 88.6% | 0 |
| 2022 | $253K | $194K | $506K | 94.7% | 0 |
| 2021 | $367K | $324K | N/A | — | 0 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.