Chaldean Community Foundation

Chaldean Community Foundation shows significant revenue and asset growth with 0% reported officer compensation.

EIN: 203963417 · Sterling Hts, MI · NTEE: I20 · Updated: 2026-03-28

$17.0MRevenue

$47.1MAssets

95/100Mission Score (Excellent)

I20

About Chaldean Community Foundation

Chaldean Community Foundation (EIN: 203963417) is a nonprofit organization based in Sterling Hts, MI, classified under NTEE code I20. The organization reported total revenue of $17.0M and total assets of $47.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chaldean Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Chaldean Community Foundation demonstrates strong financial health and growth, with its latest reported revenue at $16,954,412 and assets at $47,100,057. Over the past decade, the organization has shown consistent growth in both revenue and assets, indicating effective fundraising and asset management. For instance, revenue grew from $2,558,819 in 2014 to $14,388,942 in 2023, and assets from $1,088,005 to $25,423,574 in the same period. This sustained expansion suggests a robust operational model and increasing capacity to serve its mission.

Spending efficiency appears to be a key strength. In the 2023 fiscal period, expenses were $7,662,998 against revenue of $14,388,942, indicating a significant portion of revenue is being retained or invested, contributing to asset growth. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing resources towards programs rather than executive salaries. This practice enhances public trust and demonstrates a focus on mission-driven spending.

Overall, the organization exhibits a healthy financial trajectory, efficient spending patterns, and a high degree of transparency regarding executive compensation. The substantial growth in assets and revenue, coupled with low expense ratios relative to revenue in recent years, positions the Chaldean Community Foundation as a financially sound and well-managed nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chaldean Community Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Chaldean Community Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The Chaldean Community Foundation consistently reports 0% officer compensation across all available IRS 990 filings, indicating a strong commitment to directing all financial resources towards its mission and operations rather than executive salaries, which is highly commendable for an organization of its growing size.

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.

Strengths

The following positive indicators were identified for Chaldean Community Foundation:

Exceptional transparency with 0% reported officer compensation across all filings.
Strong and consistent revenue growth, from $2.5M in 2014 to $14.3M in 2023.
Significant asset accumulation, growing from $1.0M in 2014 to $25.4M in 2023, indicating financial stability and capacity.
Efficient spending, with expenses notably lower than revenue in recent periods (e.g., $7.6M expenses vs $14.3M revenue in 2023), allowing for reinvestment and asset growth.
Positive net assets (Assets minus Liabilities) consistently increasing, demonstrating sound financial management.

Frequently Asked Questions about Chaldean Community Foundation

Is the Chaldean Community Foundation a good charity?

Based on its financial data, the Chaldean Community Foundation appears to be a very good charity. It demonstrates strong financial growth, efficient spending (expenses significantly lower than revenue in recent years, e.g., $7.6M expenses vs $14.3M revenue in 2023), and exceptional transparency with 0% reported officer compensation.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved over time. Revenue grew from $2.5M in 2014 to $14.3M in 2023, and assets increased from $1.0M to $25.4M in the same period, indicating robust and sustained growth.

What is the organization's approach to executive compensation?

The Chaldean Community Foundation has a highly transparent approach to executive compensation, consistently reporting 0% officer compensation in all available IRS 990 filings. This suggests that executive leadership is either unpaid or compensated through other means not classified as officer compensation, or that the organization prioritizes directing funds to programs.

Filing History

IRS 990 filing history for Chaldean Community Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Chaldean Community Foundation's revenue has grown by 1477.6%, moving from $912K to $14.4M. Total assets increased by 7984.2% over the same period, from $314K to $25.4M. Total functional expenses rose by 803.1%, from $849K to $7.7M. In its most recent filing year (2023), Chaldean Community Foundation reported a surplus of $6.7M, with revenue exceeding expenses. The organization holds $6.7M in liabilities against $25.4M in assets (debt-to-asset ratio: 26.4%), resulting in net assets of $18.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$14.4M	$7.7M	$25.4M	$6.7M	—	View 990
2022	$8.3M	$6.2M	$16.1M	$5.1M	—	View 990
2021	$7.6M	$6.3M	$12.8M	$4.5M	—	View 990
2020	$6.0M	$5.0M	$12.3M	$5.3M	—	View 990
2019	$6.1M	$4.0M	$8.8M	$2.8M	—	View 990
2018	$4.2M	$3.3M	$5.6M	$1.6M	—	View 990
2017	$3.1M	$2.9M	$4.8M	$1.8M	—	View 990
2016	$3.5M	$2.3M	$4.7M	$1.8M	—	View 990
2015	$3.2M	$2.1M	$3.3M	$1.7M	—	View 990
2014	$2.6M	$2.1M	$1.1M	$476K	—	View 990
2013	$2.2M	$2.2M	$687K	$507K	—	View 990
2012	$1.4M	$1.4M	$368K	$236K	—	View 990
2011	$912K	$849K	$314K	$192K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $14.4M, expenses of $7.7M, and assets of $25.4M (revenue +72.7% year-over-year).
2022: Revenue of $8.3M, expenses of $6.2M, and assets of $16.1M (revenue +9.5% year-over-year).
2021: Revenue of $7.6M, expenses of $6.3M, and assets of $12.8M (revenue +27.3% year-over-year).
2020: Revenue of $6.0M, expenses of $5.0M, and assets of $12.3M (revenue -2.2% year-over-year).
2019: Revenue of $6.1M, expenses of $4.0M, and assets of $8.8M (revenue +46.9% year-over-year).
2018: Revenue of $4.2M, expenses of $3.3M, and assets of $5.6M (revenue +33.0% year-over-year).
2017: Revenue of $3.1M, expenses of $2.9M, and assets of $4.8M (revenue -10.8% year-over-year).
2016: Revenue of $3.5M, expenses of $2.3M, and assets of $4.7M (revenue +11.2% year-over-year).
2015: Revenue of $3.2M, expenses of $2.1M, and assets of $3.3M (revenue +23.2% year-over-year).
2014: Revenue of $2.6M, expenses of $2.1M, and assets of $1.1M (revenue +14.5% year-over-year).
2013: Revenue of $2.2M, expenses of $2.2M, and assets of $687K (revenue +63.7% year-over-year).
2012: Revenue of $1.4M, expenses of $1.4M, and assets of $368K (revenue +49.7% year-over-year).
2011: Revenue of $912K, expenses of $849K, and assets of $314K.

Data Sources and Methodology

This transparency report for Chaldean Community Foundation 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.