NonprofitsAriel Education Intiative

Education

Ariel Education Intiative

CHICAGO, IL

Total revenue

$390K

Total expenses

$419K

Net assets

$494K

Grants received

$1.2M

20 grants

EIN

364093845

Tax year

2023

Mission

To strengthen communities by creating a national model based on innovative education and to introduce a dialogue of saving and investing at the dinner table of every african-american family.

Programs

2 programs

Ariel community academy - ariel education initiative helps support the overall operations at ariel community academy, a chicago public school, through supplemental staff and general funding. The organizations goal is to infuse a unique financial literacy curriculum into the academy and create an innovative model for other public schools to follow.

Expenses: $116K

Ariel extended day program - this program provides before and after-school programs and support at ariel community academy, offering various academic, cultural, athletic and social activities.

Expenses: $45K

Financials

FY 2023

Revenue

Contributions & grants$368K
Program service revenue
Investment income$21K
Other revenue
Total revenue$390K

Expenses

Grants paid
Salaries & benefits$243K
Fundraising
Other expenses$176K
Total expenses$419K
Total assets$496K
Net assets$494K

People

3 listed

NameRoleCompensation

Arne Duncan

Board Member

Board

1 hrs/wk

Auyana Orr

Board Secretary

Board

3 hrs/wk

Mellody Hobson

Board President

Board

1 hrs/wk

Grants received

Showing 20 of 20

FromAmountPurposeYear
$90K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$90K
IN SUPPORT OF RF DONATIONS TO CHARITABLE ORGANIZATIONS
2023
$90K
MATCHING GIFT PROGRAM - FOR GENERAL SUPPORT OF ITS MISSION
2022
$90K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022
$90K
IN SUPPORT OF RF DONATIONS TO CHARITABLE ORGANIZATIONS
2020
$29K
Distribution from donor advised fund
2020
$18K
For grant recipient's exempt purposes
2020
$18K
For grant recipient's exempt purposes
2019
$40K
For grant recipient's exempt purposes
2018
$11K
Distribution from donor advised fund
2018
$30K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$1.2M from 7 funders · 20 grants · 2017–2023

American Online Giving Foundation Inc

$469K · 4 grants · 2019–2023

The Rockefeller Foundation

$270K · 3 grants · 2020–2023

Jewish Communal Fund

$180K · 2 grants · 2022–2023

Fidelity Investments Charitable Gift Fund

$106K · 4 grants · 2017–2020

Donor Advised Charitable Giving Inc

$78K · 4 grants · 2017–2022

Trustees of Dartmouth College

$40K · 2 grants · 2018–2020

Details

EIN364093845
NTEE codeB129
Subsection03
Ruling date1996-10
Formed1996
Employees3
Volunteers3
ARIEL EDUCATION INTIATIVE — Mission, Financials & Grants Received | Grantivo