EIN 36-4093845

Ariel Education Initiative

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
1996
Most recent tax filings
2024-06-01
Description
Ariel Education Initiative empowers K–8 students with financial literacy through innovative programming, enhancing academic achievement and community involvement in underserved areas.
Total revenues
$389,587
2024
Total expenses
$419,172
2024
Total assets
$496,206
2024
Num. employees
3
2024

Program areas at Ariel Education Initiative

Investment program - students at Ariel community academy are given the opportunity to invest real money and control a portion of their own class portfolio. Economic concepts are taught at all grade levels and throughout all subject areas at the school and extend beyond the classroom and into the community through parent outreach and seminars.
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.
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.

Who funds Ariel Education Initiative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Jewish Communal FundIn Furtherance of Grantee's Tax-Exempt Purpose$90,000
American Online Giving FoundationGeneral Support$89,875
Schwab Charitable FundEducation$26,400

Personnel at Ariel Education Initiative

NameTitleCompensation
John W. Rogers, JR.Chairman and Chief Executive Officer$0
Auyana OrrExcecutive Director$0

Financials for Ariel Education Initiative

RevenuesFYE 06/2024
Total grants, contributions, etc.$368,158
Program services$0
Investment income and dividends$11,589
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$9,840
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$389,587

Form 990s for Ariel Education Initiative

Fiscal year endingDate received by IRSFormPDF link
2024-062025-03-09990View PDF
2023-062024-05-07990View PDF
2022-062023-05-11990View PDF
2021-062022-05-13990View PDF
2020-062021-05-26990View PDF
...and 10 more Form 990s

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HFS Chicago ScholarsChicago, IL$1,238,566
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Data update history
March 27, 2025
Used new vendors
Identified 1 new vendor, including
March 26, 2025
Received grants
Identified 2 new grant, including a grant for $90,000 from Jewish Communal Fund
October 23, 2024
Received grants
Identified 1 new grant, including a grant for $3,000 from The Anne Wojcicki Foundation
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 11, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersCharities
Issues
Education
Characteristics
Community engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
200 E Randolph St Ste 2900
Chicago, IL 60601
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
arieleducationinitiative.org/ 
Phone
(312) 726-0140
IRS details
EIN
36-4093845
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B12: Education Fund Raising and Fund Distribution
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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