Quick charity verification for World Sport Chicago (EIN: 208845277)
Verdict: World Sport Chicago shows mixed signals
40/100Mission Score
$2.0MRevenue
$238KAssets
3Red Flags
1Strengths
Red Flags
Consistent operating deficits for at least nine consecutive years (e.g., 2018 expenses $1,974,025 vs. revenue $913,112).
Dramatic decline in total assets from $5,268,729 in 2010 to $237,820 in 2018, indicating unsustainable spending.
High burn rate relative to remaining assets, with latest revenue of $1,977,035 against assets of $237,820.
Strengths
Zero reported officer compensation across all filings, indicating a commitment to minimizing executive overhead.
Spending Breakdown
How World Sport Chicago allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 World Sport Chicago
Is World Sport Chicago a legitimate charity?
Based on AI analysis of IRS 990 filings, World Sport Chicago (EIN: 208845277) shows mixed signals. Mission Score: 40/100. 3 red flags identified, 1 strength noted.
Is World Sport Chicago a good charity to donate to?
World Sport Chicago has a Mission Score of 40/100. Revenue: $2.0M. Assets: $238K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for World Sport Chicago?
The Employer Identification Number (EIN) for World Sport Chicago is 208845277. 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 World Sport Chicago spend its money?
World Sport Chicago allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify World Sport Chicago's tax-exempt status?
You can verify World Sport Chicago's tax-exempt status using EIN 208845277 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
World Sport Chicago exhibits a concerning trend of operating deficits over the past several years, with expenses consistently exceeding revenue. For instance, in 2018, expenses were $1,974,025 against revenue of $913,112, indicating a significant shortfall. This pattern has led to a substantial decline in assets, from $5,268,729 in 2010 to $237,820 in 2018, raising questions about long-term financial sustainability. While the organization reports 0% officer compensation across all filings, which is a positive indicator of minimizing administrative overhead at the executive level, the overall financial health is precarious due to persistent spending exceeding income.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent operating losses suggest that current revenue streams are insufficient to cover operational costs, regardless of how efficiently funds are allocated. The significant reduction in assets also implies that the organization has been drawing down its reserves to cover these deficits. Transparency regarding executive compensation is excellent, with no reported officer compensation, but the broader financial picture warrants closer scrutiny regarding fundraising effectiveness and program impact given the declining asset base.
Overall, World Sport Chicago appears to be in a challenging financial position, marked by a decade of declining assets and consistent operating deficits. While the lack of officer compensation is commendable, the organization needs to address its revenue generation and expense management to ensure its continued viability and mission fulfillment. The latest revenue of $1,977,035 against assets of $237,820 suggests a high burn rate relative to its remaining reserves.