Banner Learning Corp - Chicago is a 501(c)(3) organization based in Boca Raton, Florida, registered in 2014, with $553,479 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$553K
▲ 10.3% vs prior year
Education median: $200K
Expenses (FY2024)
$485K
Net assets
$300K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Banner Learning Corp - Chicago— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Banner Learning Corp - Chicago: 7 mo reserves · +12% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Banner Learning Corp - Chicago— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Banner Learning Corp - Chicago: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $5.3M (FY2014) to $553K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
12.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$728K
Total liabilities
$428K
Net assets
$300K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $553,479▲10.3% | $485,181▲31.0% | $299,770▲29.5% | $728,247▲10.3% | 990 |
| 2023 | $502,000▼57.4% | $370,403▼66.4% | $231,472▲132% | $659,949▲24.9% | 990 |
| 2022 | $1,179,152▲459% | $1,100,999▲1669% | $99,875▼34.7% | $528,352▲245% | 990 |
| 2021 | $210,794▲1747% | $62,243▲723% | $152,929▲3393% | $152,929▲3393% | 990 |
| 2020 | $11,411 | $7,559▲23.8% | $4,378▲104% | $4,378▲731% | 990 |
| 2019 | $0 | $6,107▲1114% | -$104,473▼2.3% | $527▼81.6% | 990 |
| 2018 | $0▼100% | $503▼100.0% | -$102,142▼0.5% | $2,858▼15.0% | 990 |
| 2017 | $1,217,758▼64.6% | $2,046,476▼43.8% | -$101,639▼114% | $3,361▼99.7% | 990 |
| 2016 | $3,442,580▼31.0% | $3,640,156▼25.8% | $726,081▼0.2% | $1,226,845▼0.7% | 990 |
| 2015 | $4,990,688▼5.0% | $4,904,204▲19.8% | $727,407▲13.5% | $1,235,776▲32.1% | 990 |
| 2014 | $5,254,553 | $4,092,534 | $640,923 | $935,333 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Banner Learning Corp - Chicago totaling $275K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Chicago Community Trust | See attached. | 2016 | $275,000 |
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Data for Banner Learning Corp - Chicago (EIN 46-1909334) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.