Charity Search / FRIENDS OF AUDUBON SCHOOL
Education (B122) IRS Verified DX Registered 990 on File

FRIENDS OF AUDUBON SCHOOL

EIN: 74-3197869 · CHICAGO, IL 60618-6112 · United States · FY 2023 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 76/100
Reliability (20%) 65/100
Effectiveness (25%) 90/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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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
$326K
Total Revenue
$255K
Total Expenses
$580K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 88.6%
Fundraising Efficiency 49.8%
Operating Reserve 27.25x
Liability-to-Asset 0.0%
Revenue Diversification 98.3%
Compared with Peers
FY 2023
Compared with 21,283 similar organizations (United States, Education, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
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
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Organization Details
EIN
74-3197869
State
IL
City
CHICAGO
ZIP
60618-6112
Classification
B122
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2006
Foundation Code
15
Form 990
On File
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