Chicago Learning Exchange
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Chicago Learning Exchange (CLX) is a nonprofit organization that connects and supports our city's array of out-of-school time youth-focused organizations in order to prepare youth, youth workers, and our city for the future.
- Income
- $657,012
- Spending
- $517,535
- Spent on programs
- 66%
- Reserves
- 2 months of spending
- Largest source of income
- donations and private grants, 98%
- Employees
- 4
- Volunteers
- 6
- Highest pay
- $116,751, executive dir.
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
Good: 75 out of 100. Higher than 51% of charities in its peer group (youth development, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 2.0 months of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
15 of 15Income exceeded spending by 21% of income.
Income trend
15 of 15Income rose 18% on the year before.
Spending floor
15 of 1566% of spending went to programs and raising each dollar of donations cost 13 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
Strong: 100 out of 100. Higher than 95% of charities in its peer group (youth development, $250k to $1m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a 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
5 of 5Sets its chief executive's pay through independent review and comparison.
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 (2)
- $241,602 spent. Community: The Organization convenes and supports a year-around community of primarily out-of-school time mentors and leaders to re-imagine and expand out-of-school time opportunities. The organization does this through monthly Meetups, which are onramps for OST practitioners to break down information silos; help organizations and educators build capacity through sharing in knowledge and growing social capital; Communities of Practice, which are longer in time and design in order to create and share knowledge about specific issues or topics (e.g. Youth Mentorship, Anti-Racism work).
- $99,921 spent. Brother Mike: The Brother Mike Awards are awards to honor outstanding out-of-school time mentors with three $5,000 no-strings-attached financial support. The award is named after Mike Hawkins, better known as Brother Mike. These outstanding mentors are leaders in their field, impact their programs and beyond, and make a lasting, positive impact on students' lives and communities.
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 May 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.