Chicago Friends School
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Mission StatementChicago Friends School rooted in the Quaker values of simplicity, peace,integrity, community, equity, and stewardship develops the academic skills andstrong character that K-8 students need to grow into purposeful lives.Vision StatementOur supportive and diverse school environment will nurture people to their fullacademic, creative, and spiritual potential and build character and love oflearning within each person. Chicago Friends School students, graduates, andcommunity members live Quaker values as they learn to engage with each otherand the wider world. Chicago Friends School graduates people with the skills,experiences, and confidence to bring about a better world.
- Income
- $684,942
- Spending
- $650,812
- Spent on programs
- 88%
- Reserves
- 2.3 months of spending
- Largest source of income
- fees for its services, 69%
- Employees
- 11
- Volunteers
- 26
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 45% of charities in its peer group (education, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 2.3 months of spending.
Debt
20 of 20It owes 11% of what it owns.
Living within its means
15 of 15Income exceeded spending by 5% of income.
Income trend
15 of 15Income rose 35% on the year before.
Spending floor
15 of 1588% of spending went to programs and raising each dollar of donations cost 6 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 68 out of 100. Higher than 49% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $562,551 spent. EDUCATION OF CHILDREN IN AN EVOLVING, SUPPORTIVE AND DIVERSE COMMUNITY, RESULTING IN ACADEMIC EXCELLENCE AND SPIRITUAL DEPTH. THE SCHOOL IS ROOTED IN THE QUAKER VALUES OF PEACE, EQUALITY, SIMPLICITY, INTEGRITY, COMMUNITY AND SERVICE.
- $9,000 spent. BEFORE AND AFTER CARE - THE PROGRAM OFFERS SUPERVISED FREE TIME. THE TIME CAN BE SPENT IN PLAY IN OTHE SCHOOL GYMNASIUM, CREATIVE PLAY, READING, GAME PLAYING, OR HOMEWORK COMPLETION.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2021 for not filing returns for three years, and reinstated on November 15, 2021.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.