Cambridge School Of Chicago Inc
Cambridge School Of Chicago Inc faces declining revenue and persistent operating deficits, reporting zero assets in recent years.
EIN: 202684379 · Chicago, IL · NTEE: B240 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $432K |
| Total Expenses | $368K |
| Program Spending | 80% |
| Transparency Score | 35/100 |
Is Cambridge School Of Chicago Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cambridge School Of Chicago Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cambridge School Of Chicago Inc
Cambridge School Of Chicago Inc (EIN: 202684379) is a nonprofit organization based in Chicago, IL, classified under NTEE code B240. The organization reported total revenue of $432K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cambridge School Of Chicago Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cambridge School Of Chicago Inc is a small nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -8.6%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $432K |
| Total Expenses | $368K |
| Surplus / Deficit | +$64K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 14.8% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2017, Cambridge School Of Chicago Inc reported a surplus of $64K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2011–2017), Cambridge School Of Chicago Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -39.4% | -50.6% | — |
| 2016 | -9.3% | +11.4% | — |
| 2015 | +0.0% | -16.6% | -100.0% |
| 2014 | +26.6% | +4.9% | -70.6% |
| 2013 | +28.0% | +40.5% | -22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cambridge School Of Chicago Inc with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Cambridge School Of Chicago Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $64K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, suggesting either a fully volunteer-run leadership or that executive compensation is not separately disclosed, which limits transparency regarding how leadership is compensated relative to the organization's size and financial struggles.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cambridge School Of Chicago Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue in multiple periods, e.g., 2016, 2014, 2013, 2012, 2011).
- Declining revenue trend from $785,615 in 2015 to $431,880 in 2017.
- Reporting $0 in assets and liabilities in the latest two filings (2016 and 2017), which is highly unusual and suggests a lack of financial transparency or severe financial distress.
- No reported officer compensation, which could obscure executive pay practices if compensation is embedded in other expense categories.
Strengths
The following positive indicators were identified for Cambridge School Of Chicago Inc:
- Clear program focus as an Elementary & Secondary School (NTEE B240).
Frequently Asked Questions about Cambridge School Of Chicago Inc
Is Cambridge School Of Chicago Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cambridge School Of Chicago Inc (EIN: 202684379) significant concerns. Mission Score: 35/100. 4 red flags identified, 1 strength noted.
How does Cambridge School Of Chicago Inc spend its money?
Cambridge School Of Chicago Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cambridge School Of Chicago Inc tax-deductible?
Cambridge School Of Chicago Inc is registered as a tax-exempt nonprofit (EIN: 202684379). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cambridge School Of Chicago Inc's spending goes to programs?
Cambridge School Of Chicago Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cambridge School Of Chicago Inc compare to similar nonprofits?
With a transparency score of 35/100 (Poor), Cambridge School Of Chicago Inc is below average for NTEE category B240 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cambridge School Of Chicago Inc located?
Cambridge School Of Chicago Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 202684379. It is classified under NTEE code B240.
How many years of IRS 990 filings does Cambridge School Of Chicago Inc have?
Cambridge School Of Chicago Inc has 7 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 $432K in total revenue.
Is Cambridge School Of Chicago Inc financially stable?
No, the organization appears financially unstable, with a history of expenses exceeding revenue (e.g., $745,234 expenses vs. $712,437 revenue in 2016) and reporting $0 in assets and liabilities in its latest filings, indicating a lack of financial reserves.
Why does the organization report $0 in assets and liabilities in recent years?
The consistent reporting of $0 in assets and liabilities for 2016 and 2017 is highly unusual for an active organization and could indicate incomplete financial reporting or a very precarious financial position with no significant holdings or debts.
What is the trend in the organization's revenue?
The organization's revenue has been on a declining trend, dropping from $785,615 in 2015 to $431,880 in 2017, which is a significant concern for its sustainability.
How does the organization fund its operations given its deficits?
With expenses frequently exceeding revenue (e.g., $368,014 expenses vs. $431,880 revenue in 2017, but $745,234 expenses vs. $712,437 revenue in 2016), and no reported assets, the organization likely relies on prior period reserves (if any, though none are reported recently) or short-term funding mechanisms to cover its operating deficits.
Filing History
IRS 990 filing history for Cambridge School Of Chicago Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Cambridge School Of Chicago Inc's revenue has declined by 41.6%, moving from $740K to $432K. Total assets decreased by 100% over the same period, from $5K to $0. Total functional expenses fell by 62.2%, from $974K to $368K. In its most recent filing year (2017), Cambridge School Of Chicago Inc reported a surplus of $64K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $432K | $368K | $0 | $0 | — | View 990 |
| 2016 | $712K | $745K | $0 | $0 | — | — |
| 2015 | $786K | $669K | $0 | $0 | — | View 990 |
| 2014 | $786K | $801K | $17K | $21K | — | View 990 |
| 2013 | $621K | $764K | $57K | $242K | — | View 990 |
| 2012 | $485K | $544K | $73K | $115K | — | View 990 |
| 2011 | $740K | $974K | $5K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $432K, expenses of $368K, and assets of $0 (revenue -39.4% year-over-year).
- 2016: Revenue of $712K, expenses of $745K, and assets of $0 (revenue -9.3% year-over-year).
- 2015: Revenue of $786K, expenses of $669K, and assets of $0 (revenue +0.0% year-over-year).
- 2014: Revenue of $786K, expenses of $801K, and assets of $17K (revenue +26.6% year-over-year).
- 2013: Revenue of $621K, expenses of $764K, and assets of $57K (revenue +28.0% year-over-year).
- 2012: Revenue of $485K, expenses of $544K, and assets of $73K (revenue -34.4% year-over-year).
- 2011: Revenue of $740K, expenses of $974K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cambridge School Of Chicago Inc:
Data Sources and Methodology
This transparency report for Cambridge School Of Chicago Inc 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.