Alliance 98
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To tackle high unemployment rates for young adults in Chicago's communities by empowering them with the skills, experiences, and networks necessary to obtain meaningful career opportunities.
- Income
- $824,627
- Spending
- $582,748
- Spent on programs
- 71%
- Reserves
- 11 months of spending
- Largest source of income
- fees for its services, 51%
- Employees
- 33
- Volunteers
- 12
- Highest pay
- $71,672, ceo
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 78% of charities in its peer group (employment, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 11.0 months of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
15 of 15Income exceeded spending by 29% of income.
Income trend
15 of 15Income rose 62% on the year before.
Spending floor
15 of 1571% of spending went to programs and raising each dollar of donations cost 18 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 65 out of 100. Higher than 36% of charities in its peer group (employment, $250k to $1m).
Independent board
25 of 256 of 7 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.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
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 December 31, 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 (3)
- $190,460 spent. Safe Spaces / DFSS My Chi My Future - A year-round employment program empowering youth (16-24) to create positive change in their community. Through event planning, teamwork, and community engagement, participants gain hands-on experience while bringing art, sports, entertainment, and resources to public spaces throughout our vibrant neighborhoods.
- $153,191 spent. Arts and Culture Entrepreneurship - Grounded Studio, Moments Media, and Fiscal Sponsorships: Grounded Studio is TA98's creative and business incubator providing entrepreneurs with hands-on learning and access to tools, space, and networks required to grow their businesses. Moments Media is TA98's in-house digital storytelling division providing multi-media storytelling, strategic integrated marketing, and social media consulting to external clients, providing professional growth opportunities for young people who want to work in media. TA98 also served as fiscal sponsor for the production of Wicket, a documentary about breakdancing culture and personal acceptance.
- $68,932 spent. Suited for a Cause / DFSS Mentoring - Empowering young adults 16-24 years old with essential 21st-century skills through career readiness training, mentorship, and access to good jobs. The program includes monthly workshops designed to build confidence and prepare participants for professional success.
Source: Form 990 for the year ending December 31, 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 October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.