NonprofitsLadder Up

Education

Ladder Up

CHICAGO, IL

Total revenue

$4.0M

Total expenses

$2.3M

Net assets

$6.7M

Grants received

$2.1M

103 grants

EIN

364070692

Tax year

2023

Mission

The organization offers free tax preparation, financial aid and financial education services.

Programs

2 programs

Low-income tax clinic:ladder up provides free, high quality professional repressentation to low-income tax payers facing an irs or idor controversy. Through its offices, ladder up offers educational outreach on the earned income tax credit, stimulus payments, advance child tax credits, taxpayer rights, responsibilities and collection alternatives. The tax clinic delivers nearly half a million dollars in decreased liabilities to our clients each year.

Expenses: $261K

Financial capability program:ladder up provides year-round workshops, coordinates savings campaigns, and offers financial coaching to help clients set financial goals and manage major life financial events. In addition to this, ladder up highly values and supports its free application training for federal student aid (fafsa) and completion workshops at high schools for schools and community partners.

Expenses: $66K

Financials

FY 2023

Revenue

Contributions & grants$3.9M
Program service revenue
Investment income$26K
Other revenue$106K
Total revenue$4.0M

Expenses

Grants paid
Salaries & benefits$1.6M
Fundraising$216K
Other expenses$753K
Total expenses$2.3M
Total assets$6.9M
Net assets$6.7M

People

7 listed

NameRoleCompensation

PHYLLIS CAVALLONE

EXECUTIVE DIRECTOR (THRU 09/16/24)

Board

$122K

40 hrs/wk

KATRINA MCDERMOTT

DIRECTOR OF FINANCE & ADMI

Board

$122K

40 hrs/wk

MARK SNEIDER

CO-FOUNDER

Board

1 hrs/wk

ROBERT M BURKE

CHAIRMAN & CEO

Board

1 hrs/wk

MERCEDES WILLIAMS

DIRECTOR

Board

1 hrs/wk

SR MARY PAUL MCCAUGHEY

DIRECTOR

Board

1 hrs/wk

JOHN CHANDLER

VICE PRESIDENT

Board

1 hrs/wk

Grants received

Showing 103 of 103

FromAmountPurposeYear
$400K
COMMUNITY PROGRESS MAKERS
2024
$18K
COLLEGE SUCCESS TRACK OF THE FINANCIAL CAPABILITY PROGRAM
2024
$14K
Ladder Up Scholars Program
2024
$11K
PROGRAM SPECIFIC SUPPORT
2024
$10K
PUBLIC CHARITY
2024
$8K
GENERAL CHARITABLE PURPOSES
2024
$5K
COMMUNITY OUTREACH
2024
$2K
GENERAL OPERATING SUPPORT
2024
$30K
PROGRAM/OPERATING SUPPORT
2023
$30K
TO PROVIDE FREE LEGAL SERVICES
2023
$25K
EDUCATION
2023
$20K
College Success - Updating FAFSA Resources: Providing Financial Education and Post-Secondary Support
2023
$11K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$8K
GENERAL CHARITABLE PURPOSES
2023
$7K
General Purpose
2023
$5K
COMMUNITY OUTREACH
2023
$5K
FINANCIAL EDUCATION
2023
$3K
Free financial services to the needy
2023
$1K
General & Unrestricted
2023
$1K
CHARITABLE PURPOSE
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$500
EMPLOYEE HELPING HANDS GRANT
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$306
DONATION
2023
$300
DONATION
2023
$150K
EMPLOYMENT ASSISTANCE
2022
$75K
Strong Communities
2022
$50K
PROGRAM/OPERATING SUPPORT
2022
$45K
COMMUNITY & HUMAN SERVICES
2022
$35K
TO PROVIDE FREE LEGAL SERVICES
2022
$12K
GENERAL SUPPORT
2022
$10K
GENERAL SUPPORT
2022
$9K
HUMAN SERVICES PROGRAM SUPPORT
2022
$8K
GENERAL CHARITABLE PURPOSES
2022
$5K
FINANCIAL EDUCATION
2022
$3K
CHARITABLE PURPOSE
2022
$1K
PROGRAM/OPERATING SUPPORT
2022
$1K
Low Income Tax Assistance
2022
$1K
GENERAL OPERATING SUPPORT
2022
$500
PROGRAM/OPERATING SUPPORT
2022
$500
Employee Helping Hands Grant
2022
$500
PROGRAM/OPERATING SUPPORT
2022
$75K
Strong Communities
2021
$25K
General operating support
2021
$25K
General operating support
2021
$18K
INTEGRATING FINANCIAL EMPOWERMENT AND BANKING ACCESS INTO VITA PROGRAMMING
2021
$16K
TO PROVIDE FREE LEGAL SERVICES
2021
$10K
GENERAL SUPPORT
2021
$3K
community improvement services
2021
$3K
CHARITABLE PURPOSE
2021
$3K
FINANCIAL EDUCATION
2021
$1K
Low income tax assistance
2021
$325
GENERAL OPERATING SUPPORT
2021
$115K
Education
2020
$40K
COMMUNITY & HUMAN SERVICES
2020
$25K
GENERAL OPERATING SUPPORT
2020
$16K
TO PROVIDE FREE LEGAL SERVICES
2020
$15K
GENERAL OPERATING SUPPORT
2020
$11K
For grant recipient's exempt purposes
2020
$10K
GENERAL OPERATING SUPPORT
2020
$10K
HUMAN SERVICES PROGRAM SUPPORT
2020
$5K
GENERAL CHARITABLE PURPOSES
2020
$5K
GENERAL SUPPORT
2020
$3K
FINANCIAL EDUCATION
2020
$300
General Operating Support
2020
$40K
COMMUNITY & HUMAN SERVICES
2019
$25K
TO SUPPORT LADDER UP
2019
$20K
TO PROVIDE FREE LEGAL SERVICES
2019
$8K
DONOR ADVISED FUNDS
2019
$5K
Financial Solutions Program - tax services to lower income families
2019
$70K
IN SUPPORT OF FINANCIAL HEALTH
2018
$31K
Unrestricted
2018
$3K
GENERAL FUND
2018
$2K
GENERAL OPERATING SUPPORT
2018
$11K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$5K
DONOR ADVISED FUND
2017

Funded by

$2.1M from 46 funders · 103 grants · 2017–2024

Citi Foundation

$400K · 1 grant · 2024

Polk Bros Foundation Inc

$265K · 3 grants · 2020–2022

United Way Of Metropolitan Chicago Inc

$218K · 7 grants · 2017–2024

The Bank of America Charitable Foundation Inc

$183K · 12 grants · 2020–2023

Joint-County Opportunity Benefit

$150K · 1 grant · 2022

Gs Donor Advised Philanthropy Fund

$125K · 3 grants · 2019–2022

Lawyers Trust Fund Of Illinois

$117K · 5 grants · 2019–2023

The Chicago Community Trust

$100K · 4 grants · 2019–2021

Details

EIN364070692
NTEE codeB99
Subsection03
Ruling date1996-07
Formed1996
Employees25
Volunteers971
LADDER UP — Mission, Financials & Grants Received | Grantivo