Toyota Technological Institute At Chicago
74% goes to programs $0 to raise $100 Strong reserves Declining revenue
Toyota Technological Institute At Chicago is a 501(c)(3) organization based in Chicago, Illinois, registered in 2004, with $13,670,778 in FY2023 revenue. CharityIndex grades it B+, and it directs about 74% of spending to programs.
6045 S Kenwood Ave, Chicago, IL, 60637 EIN 36-4479457 Since 2004
Revenue (FY2023)
$13.7M
▲ 3445.9% vs prior year
Education median: $200K
Expenses (FY2023)
$15.3M
Net assets
$281.9M
Employees
100
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating74% to programs · $0 to raise $100
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. For Toyota Technological Institute At Chicago: 74% to programs · $0 to raise $100 earns a B on this criterion. See the exact thresholds →
C+Financial health25% of the rating220 mo reserves · -12% margin
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 Toyota Technological Institute At Chicago: 220 mo reserves · -12% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Toyota Technological Institute At Chicago: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Toyota Technological Institute At Chicago: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Achieving international impact though world-class research and education in fundamental computer science and information technology.
Contact & location
- Address
- 6045 S Kenwood Ave, Chicago, IL, 60637
- City
- Chicago
- State
- Illinois
- Category
- Education
- Subcategory
- Graduate & Professional Schools
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $70.7M (FY2013) to $13.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $11.0MNet assets $281.9M
Operating margin
-12.3%
Spent more than it raised in the latest fiscal year.
Total assets
$292.9M
Total liabilities
$11.0M
Net assets
$281.9M
Salaries & benefits
$7.4M
48% of expenses
Board members
15
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $13,670,778▲3446% | $15,346,610▲8.1% | $281,949,411▲3.7% | $292,914,693▲3.3% | 990 |
| 2022 | $385,536▼96.5% | $14,200,587▲6.0% | $271,916,775▼0.9% | $283,446,286▲2.9% | 990 |
| 2021 | $11,050,709▼51.0% | $13,397,455▲2.6% | $274,299,383▼8.8% | $275,408,353▼8.9% | 990 |
| 2020 | $22,569,767▲86.5% | $13,057,856▲5.1% | $300,735,684▲11.5% | $302,171,047▲11.5% | 990 |
| 2019 | $12,102,764▲17.8% | $12,428,039▲13.2% | $269,651,681▲2.2% | $270,979,400▲1.8% | 990 |
| 2018 | $10,275,687▼7.0% | $10,982,164▲7.4% | $263,860,047▲3.3% | $266,279,835▲3.5% | 990 |
| 2017 | $11,044,300▲11.8% | $10,229,202▲9.7% | $255,312,059▼1.5% | $257,276,486▼1.4% | 990 |
| 2016 | $9,874,209▲29.2% | $9,323,169▲3.1% | $259,329,195▼1.2% | $260,921,965▼1.1% | 990 |
| 2015 | $7,641,403▼91.8% | $9,039,790▲11.8% | $262,484,548▲0.2% | $263,934,931▲0.3% | 990 |
| 2014 | $92,709,102▲31.2% | $8,087,174▲2.1% | $261,928,094▲47.1% | $263,214,606▲47.0% | 990 |
| 2013 | $70,653,796 | $7,919,617▲4.0% | $178,045,672▲53.1% | $179,002,741▲52.9% | 990 |
| 2012 | — | $7,615,866▲9.5% | $116,293,152▼5.2% | $117,034,449▼5.3% | 990 |
| 2011 | — | $6,958,269▲6.1% | $122,714,952▲0.9% | $123,543,061▲0.9% | 990 |
| 2010 | — | $6,560,722▲4.1% | $121,609,291▼1.8% | $122,403,640▼1.7% | 990 |
| 2009 | — | $6,302,861 | $123,797,938 | $124,516,440 | 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.
Leadership & compensation (FY2023)
Highest-paid: Dr Matthew Turk — $437,595 (2.85% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Matthew Turk | President | 37.5 | $437,595 |
| Dr Nathan Srebro Bartom | Professor | 37.5 | $376,851 |
| Dr Avrim Blum | Chief Academic Officer | 37.5 | $363,462 |
| Dr David Mcallester | Professor | 37.5 | $317,581 |
| Dr Julia Chuzhoy | Professor | 37.5 | $249,315 |
| Dr Yury Makarychev | Professor | 37.5 | $237,447 |
| Dr Gregory Shakhnarovich | Associate Professor | 37.5 | $230,015 |
| Ms Jessica Jacobson | Chief Financial Officer | 37.5 | $197,620 |
| Ms Christina Coleman | Secretary | 37.5 | $159,902 |
| Dr Angela Olinto | Board Member (thru Oct. 2023) | 1 | — |
| Dr Charles Isbell | Board Member | 1 | — |
| Dr Eric Grimson | Board Chair | 1 | — |
| Dr Hiroyuki Sakaki | Board Member | 1 | — |
| Dr Ivan Samstein | Board Member | 1 | — |
| Dr Juan Depablo | Board Member | 1 | — |
| Dr Kavita Bala | Board Member | 1 | — |
| Dr Ka Yee C Lee | Board Member | 1 | — |
| Dr Kazuo Hotate | Board Member | 1 | — |
| Dr Mari Ostendorf | Board Member | 1 | — |
| Dr Noboru Kikuchi | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| University of Chicago of Investments | Investment Management | $375,000 |
| Aon Investments | Investment Consulting Services | $188,959 |
Grants received · $1.3M total
11 grants to Toyota Technological Institute At Chicago totaling $1.3M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| University of Chicago | Subaward | 2023 | $15,334 |
| Silicon Valley Community Foundation | Education | 2022 | $700,000 |
| University of Chicago | Subaward | 2022 | $13,552 |
| Johns Hopkins University | Sub-award | 2021 | $100,000 |
| Carnegie Mellon University | Education/research subcontracts | 2021 | $50,943 |
| University of Chicago | Subaward | 2021 | $14,174 |
| Carnegie Mellon University | Education/research subcontracts | 2020 | $103,432 |
| Carnegie Mellon University | Education/research subcontracts | 2019 | $56,778 |
| Carnegie Mellon University | Education/research subcontracts | 2018 | $53,190 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $112,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $112,000 |
Grants made · $278K in FY2023
1 grant totaling $278K in FY2023. All grants made by Toyota Technological Institute At Chicago →
| Recipient | Purpose | Amount |
|---|---|---|
| Carnegie Mellon University | Carnegie mellon university is a subrecipient per the statement of work | $278,173 |
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Frequently asked questions
- Is Toyota Technological Institute At Chicago a legitimate nonprofit?
- Yes. Toyota Technological Institute At Chicago is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-4479457, based in Chicago, Illinois. Donations are tax-deductible.
- What is Toyota Technological Institute At Chicago's EIN?
- Toyota Technological Institute At Chicago's Employer Identification Number (EIN) is 36-4479457.
- How much revenue does Toyota Technological Institute At Chicago report?
- Toyota Technological Institute At Chicago reported $13,670,778 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Toyota Technological Institute At Chicago's spending goes to programs?
- Toyota Technological Institute At Chicago spends about 74% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Toyota Technological Institute At Chicago have?
- CharityIndex grades Toyota Technological Institute At Chicago B+, based on program efficiency and fundraising cost.
- How much does Toyota Technological Institute At Chicago's highest-paid employee make?
- The highest reported compensation on Toyota Technological Institute At Chicago's latest Form 990 is $437,595, paid to Dr Matthew Turk (President).
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Data for Toyota Technological Institute At Chicago (EIN 36-4479457) 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.