Bengali Association Of Greater Chicago
EIN: 362898754 · Glendale Hts, IL
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $497K |
| Net Assets | $1.7M |
Is Bengali Association Of Greater Chicago Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bengali Association Of Greater Chicago
Bengali Association Of Greater Chicago (EIN: 362898754) is a nonprofit organization based in Glendale Hts, IL. The organization reported total revenue of $2.2M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bengali Association Of Greater Chicago's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bengali Association Of Greater Chicago is a mid-size nonprofit that has been operating for 47 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $497K |
| Surplus / Deficit | +$622K |
| Total Assets | $1.7M |
| Net Assets | $1.7M |
| Operating Margin | 55.6% |
| Months of Reserves | 39.9 months |
Financial Health Grade: A
In 2023, Bengali Association Of Greater Chicago reported a surplus of $622K with revenue exceeding expenses, holds 39.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Bengali Association Of Greater Chicago's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.2% | +25.6% | +59.9% |
| 2022 | +60.0% | +5.7% | +26.2% |
| 2021 | +157.5% | +131.1% | -0.1% |
| 2020 | -70.4% | -64.6% | +12.6% |
| 2019 | +60.9% | +31.4% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bengali Association Of Greater Chicago has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bengali Association Of Greater Chicago with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $622K, with revenue exceeding expenses.
Frequently Asked Questions about Bengali Association Of Greater Chicago
Is Bengali Association Of Greater Chicago a legitimate charity?
Based on AI analysis of IRS 990 filings, Bengali Association Of Greater Chicago (EIN: 362898754) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bengali Association Of Greater Chicago spend its money?
Detailed spending breakdown data is not yet available for Bengali Association Of Greater Chicago. Check back for updated IRS 990 analysis.
Are donations to Bengali Association Of Greater Chicago tax-deductible?
Bengali Association Of Greater Chicago is registered as a tax-exempt nonprofit (EIN: 362898754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bengali Association Of Greater Chicago located?
Bengali Association Of Greater Chicago is headquartered in Glendale Hts, Illinois and files with the IRS under EIN 362898754.
How many years of IRS 990 filings does Bengali Association Of Greater Chicago have?
Bengali Association Of Greater Chicago has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.2M in total revenue.
Filing History
IRS 990 filing history for Bengali Association Of Greater Chicago showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Bengali Association Of Greater Chicago's revenue has grown by 287.1%, moving from $289K to $1.1M. Total assets increased by 129.5% over the same period, from $720K to $1.7M. Total functional expenses rose by 171.1%, from $184K to $497K. In its most recent filing year (2023), Bengali Association Of Greater Chicago reported a surplus of $622K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $497K | $1.7M | $-282 | — | — |
| 2022 | $611K | $396K | $1.0M | $0 | — | — |
| 2021 | $382K | $375K | $819K | $0 | — | View 990 |
| 2020 | $148K | $162K | $819K | $105K | — | View 990 |
| 2019 | $501K | $457K | $728K | $0 | — | View 990 |
| 2018 | $312K | $348K | $682K | $0 | — | View 990 |
| 2017 | $334K | $318K | $718K | $0 | — | View 990 |
| 2016 | $413K | $436K | $702K | $0 | — | View 990 |
| 2015 | $307K | $262K | $725K | $0 | — | View 990 |
| 2014 | $379K | $257K | $749K | $67K | — | View 990 |
| 2013 | $229K | $245K | $785K | $225K | — | View 990 |
| 2012 | $254K | $226K | $825K | $234K | — | View 990 |
| 2011 | $273K | $180K | $804K | $241K | — | View 990 |
| 2010 | $289K | $184K | $720K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $497K, and assets of $1.7M (revenue +83.2% year-over-year).
- 2022: Revenue of $611K, expenses of $396K, and assets of $1.0M (revenue +60.0% year-over-year).
- 2021: Revenue of $382K, expenses of $375K, and assets of $819K (revenue +157.5% year-over-year).
- 2020: Revenue of $148K, expenses of $162K, and assets of $819K (revenue -70.4% year-over-year).
- 2019: Revenue of $501K, expenses of $457K, and assets of $728K (revenue +60.9% year-over-year).
- 2018: Revenue of $312K, expenses of $348K, and assets of $682K (revenue -6.8% year-over-year).
- 2017: Revenue of $334K, expenses of $318K, and assets of $718K (revenue -19.2% year-over-year).
- 2016: Revenue of $413K, expenses of $436K, and assets of $702K (revenue +34.6% year-over-year).
- 2015: Revenue of $307K, expenses of $262K, and assets of $725K (revenue -19.0% year-over-year).
- 2014: Revenue of $379K, expenses of $257K, and assets of $749K (revenue +65.6% year-over-year).
- 2013: Revenue of $229K, expenses of $245K, and assets of $785K (revenue -9.9% year-over-year).
- 2012: Revenue of $254K, expenses of $226K, and assets of $825K (revenue -6.8% year-over-year).
- 2011: Revenue of $273K, expenses of $180K, and assets of $804K (revenue -5.7% year-over-year).
- 2010: Revenue of $289K, expenses of $184K, and assets of $720K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bengali Association Of Greater Chicago:
Data Sources and Methodology
This transparency report for Bengali Association Of Greater Chicago is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.