Chicago Chapter Of China General Chamber Of Commerce Usa
EIN: 475333094 · Chicago, IL · NTEE: Y03
Is Chicago Chapter Of China General Chamber Of Commerce Usa Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chicago Chapter Of China General Chamber Of Commerce Usa
Chicago Chapter Of China General Chamber Of Commerce Usa (EIN: 475333094) is a nonprofit organization based in Chicago, IL, classified under NTEE code Y03. The organization reported total revenue of $452K and total assets of $661K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chicago Chapter Of China General Chamber Of Commerce Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chicago Chapter Of China General Chamber Of Commerce Usa is a small nonprofit that has been operating for 9 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 49.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $494K |
| Total Expenses | $467K |
| Surplus / Deficit | +$27K |
| Total Assets | $590K |
| Total Liabilities | $119K |
| Net Assets | $471K |
| Operating Margin | 5.5% |
| Debt-to-Asset Ratio | 20.2% |
| Months of Reserves | 15.2 months |
Financial Health Grade: A
In 2023, Chicago Chapter Of China General Chamber Of Commerce Usa reported a surplus of $27K with revenue exceeding expenses, holds 15.2 months of operating reserves (strong position), has a debt-to-asset ratio of 20.2% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Chicago Chapter Of China General Chamber Of Commerce Usa's revenue has grown at a compound annual growth rate (CAGR) of 49.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.4% | +43.6% | +19.9% |
| 2022 | +121.6% | +177.5% | +18.8% |
| 2021 | +126.8% | +26.2% | +14.0% |
| 2020 | -83.8% | -74.2% | -5.7% |
| 2019 | +45.3% | +4.1% | +40.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chicago Chapter Of China General Chamber Of Commerce Usa 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 Chicago Chapter Of China General Chamber Of Commerce Usa 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 $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.2%.
Frequently Asked Questions about Chicago Chapter Of China General Chamber Of Commerce Usa
Is Chicago Chapter Of China General Chamber Of Commerce Usa a legitimate charity?
Based on AI analysis of IRS 990 filings, Chicago Chapter Of China General Chamber Of Commerce Usa (EIN: 475333094) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chicago Chapter Of China General Chamber Of Commerce Usa spend its money?
Detailed spending breakdown data is not yet available for Chicago Chapter Of China General Chamber Of Commerce Usa. Check back for updated IRS 990 analysis.
Are donations to Chicago Chapter Of China General Chamber Of Commerce Usa tax-deductible?
Chicago Chapter Of China General Chamber Of Commerce Usa is registered as a tax-exempt nonprofit (EIN: 475333094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Chicago Chapter Of China General Chamber Of Commerce Usa showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Chicago Chapter Of China General Chamber Of Commerce Usa's revenue has grown by 2448.3%, moving from $19K to $494K. Total assets increased by 3450.5% over the same period, from $17K to $590K. Total functional expenses rose by 16655.8%, from $3K to $467K. In its most recent filing year (2023), Chicago Chapter Of China General Chamber Of Commerce Usa reported a surplus of $27K, with revenue exceeding expenses. The organization holds $119K in liabilities against $590K in assets (debt-to-asset ratio: 20.2%), resulting in net assets of $471K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $494K | $467K | $590K | $119K | — | — |
| 2022 | $373K | $325K | $492K | $48K | — | View 990 |
| 2021 | $169K | $117K | $414K | $19K | — | View 990 |
| 2020 | $74K | $93K | $363K | $19K | — | — |
| 2019 | $460K | $360K | $385K | $23K | — | View 990 |
| 2018 | $316K | $346K | $274K | $11K | — | View 990 |
| 2017 | $424K | $344K | $318K | $26K | — | View 990 |
| 2016 | $361K | $164K | $223K | $10K | — | View 990 |
| 2015 | $19K | $3K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $494K, expenses of $467K, and assets of $590K (revenue +32.4% year-over-year).
- 2022: Revenue of $373K, expenses of $325K, and assets of $492K (revenue +121.6% year-over-year).
- 2021: Revenue of $169K, expenses of $117K, and assets of $414K (revenue +126.8% year-over-year).
- 2020: Revenue of $74K, expenses of $93K, and assets of $363K (revenue -83.8% year-over-year).
- 2019: Revenue of $460K, expenses of $360K, and assets of $385K (revenue +45.3% year-over-year).
- 2018: Revenue of $316K, expenses of $346K, and assets of $274K (revenue -25.3% year-over-year).
- 2017: Revenue of $424K, expenses of $344K, and assets of $318K (revenue +17.2% year-over-year).
- 2016: Revenue of $361K, expenses of $164K, and assets of $223K (revenue +1762.5% year-over-year).
- 2015: Revenue of $19K, expenses of $3K, and assets of $17K.
Data Sources and Methodology
This transparency report for Chicago Chapter Of China General Chamber Of Commerce Usa 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.