Is Chicago Football Classic Inc Legit?

Quick charity verification for Chicago Football Classic Inc (EIN: 208928494)

Verdict: Chicago Football Classic Inc appears trustworthy

75/100Mission Score
$596KRevenue
$42KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Chicago Football Classic Inc allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Chicago Football Classic Inc

Is Chicago Football Classic Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Chicago Football Classic Inc (EIN: 208928494) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Chicago Football Classic Inc a good charity to donate to?

Chicago Football Classic Inc has a Mission Score of 75/100. Revenue: $596K. Assets: $42K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Chicago Football Classic Inc?

The Employer Identification Number (EIN) for Chicago Football Classic Inc is 208928494. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Chicago Football Classic Inc spend its money?

Chicago Football Classic Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Chicago Football Classic Inc's tax-exempt status?

You can verify Chicago Football Classic Inc's tax-exempt status using EIN 208928494 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Chicago Football Classic Inc. exhibits fluctuating financial health over the past decade, with significant swings in revenue and expenses. For instance, revenue peaked at $1,075,284 in 2019 but dropped to $71,114 in 2021, before recovering to $292,841 in 2022. The organization consistently reports zero officer compensation, which is a positive indicator for resource allocation directly to its mission. However, the organization's assets have also shown considerable volatility, from a low of $41,563 currently to a high of $305,266 in 2022, suggesting potential challenges in maintaining stable financial reserves. The NTEE code N65 (Sports, Recreational, & Hobby Clubs) suggests a focus on community events, and the consistent reporting of no officer compensation enhances its transparency profile regarding executive pay. The organization's spending efficiency appears to vary with its revenue cycles. In years with higher revenue, expenses are also high, such as $1,041,591 in 2019 against $1,075,284 revenue, indicating a high operational cost relative to income. In other years, like 2022, expenses ($198,984) were significantly lower than revenue ($292,841), allowing for asset growth. The lack of detailed functional expense breakdowns in the provided data makes a precise assessment of program versus administrative and fundraising spending challenging. However, the consistent reporting of zero officer compensation suggests a lean approach to executive overhead. Transparency regarding executive compensation is excellent, with 0% reported for all periods. The organization consistently files its IRS Form 990, demonstrating a commitment to regulatory compliance. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's difficult to fully assess spending efficiency beyond the overall revenue and expense figures. The significant fluctuations in assets and liabilities over the years, such as liabilities ranging from $100,000 in 2021 to $458,116 in 2013, suggest potential financial management challenges or reliance on short-term financing.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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