Public Charity

The First Spoke Foundation

The First Spoke Foundation, of Chicago, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2023 filing shows $2.4M in revenue, $3.3M in expenses. 1 publicly reported grants to this organization, totaling roughly $1.8M, appear in IRS filings.

EIN: 200894628 Chicago, IL Latest filing: 2023
Total Revenue$2.4M
Total Expenses$3.3M
Grant Records1
Funding Total$1.8M
Filing Years2019–2023

Mission

The Foundation is organized to foster, promote, support, develop, encourage and maintain the broad charitable, educational, and/or religious purpose of the Jewish Federation of Metropolitan Chicago and the Foundation as authorized in their by-laws.

Where $100 goes at The First Spoke Foundation

How The First Spoke Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$99
The Foundation makes grants to charitable organizations, all of which meet the guidelines of the by-laws of the Foundation and the charter of the Jewish Federation of Metropolitan…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2023. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Vice President Adam Levine
Assistant Treasurer Boaz Blumovitz
Assistant Treasurer James A Pinkston
Treasurer Lonnie Nasatir
President Michael J Krasny
Assistant Secretary Rose Jagust

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,750,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2023 $2.4M $3.3M —
2022 $4.5M $12.9M $7.8M
2021 $553K $4.5M $10.1M
2020 $816K $4.6M $12.4M
2019 $729K $1.3M $16.2M

Between 2019 and 2023, reported annual revenue grew from $729K to $2.4M (+225%).

Interactive year-over-year charts and full filing details available with membership.

See the full picture for The First Spoke Foundation

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