Chicago Council On Science Andtechnology

Chicago Council On Science And Technology shows consistent operations with recent deficits and declining assets, but no executive compensation.

EIN: 208490697 · Chicago, IL · NTEE: U01 · Updated: 2026-03-28

$449KRevenue
$433KGross Revenue
$124KAssets
85/100Mission Score (Excellent)
U01
Chicago Council On Science Andtechnology Financial Summary
MetricValue
Total Revenue$449K
Total Expenses$407K
Program Spending85%
Net Assets$49K
Transparency Score85/100

Is Chicago Council On Science Andtechnology Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Chicago Council On Science Andtechnology directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Chicago Council On Science Andtechnology

Chicago Council On Science Andtechnology (EIN: 208490697) is a nonprofit organization based in Chicago, IL, classified under NTEE code U01. The organization reported total revenue of $449K and total assets of $124K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chicago Council On Science Andtechnology's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Chicago Council On Science Andtechnology is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$373K
Total Expenses$407K
Surplus / Deficit$-34,497
Total Assets$69K
Total Liabilities$20K
Net Assets$49K
Operating Margin-9.3%
Debt-to-Asset Ratio28.9%
Months of Reserves2.0 months

Financial Health Grade: C

In 2023, Chicago Council On Science Andtechnology reported a deficit of $34K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 28.9% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Chicago Council On Science Andtechnology's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+27.6%+16.9%-27.2%
2022-16.1%+6.8%-52.8%
2021+29.4%-8.3%+8.8%
2020-22.7%-8.5%-17.2%
2019+1.8%+7.3%-12.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Chicago Council On Science And Technology demonstrates consistent financial activity, with revenues and expenses generally in the range of $300,000 to $400,000 over the past decade. While the organization has experienced fluctuations, such as a revenue dip to $269,032 in 2020 and a high of $482,743 in 2014, its asset base has shown some variability, peaking at $274,310 in 2017 and declining to $69,364 in 2023. The organization consistently reports 0% officer compensation, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. However, the recent trend of expenses exceeding revenue, as seen in 2023 ($407,128 expenses vs. $372,631 revenue) and 2022 ($348,152 expenses vs. $292,057 revenue), warrants attention to ensure long-term sustainability. The decline in assets from $201,898 in 2021 to $69,364 in 2023 also suggests a need for careful financial management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chicago Council On Science Andtechnology with a Mission Score of 85 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Chicago Council On Science Andtechnology allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$373KTotal Revenue
$407KTotal Expenses
$69KTotal Assets
$20KTotal Liabilities
$49KNet Assets
  • The organization reported a deficit of $34K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 28.9%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its budget is allocated to executive salaries, which is highly favorable for a nonprofit of its 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.

Red Flags

The following concerns were identified during AI analysis of Chicago Council On Science Andtechnology's IRS 990 filings:

  • Expenses consistently exceeding revenue in recent years (e.g., 2023 and 2022 filings)
  • Significant decline in assets from $201,898 in 2021 to $69,364 in 2023

Strengths

The following positive indicators were identified for Chicago Council On Science Andtechnology:

  • Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay
  • Long operating history with 13 IRS 990 filings, suggesting established operations
  • Relatively low liabilities compared to assets in most periods, indicating manageable debt

Frequently Asked Questions about Chicago Council On Science Andtechnology

Is Chicago Council On Science Andtechnology a legitimate charity?

Chicago Council On Science Andtechnology (EIN: 208490697) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $449K. 2 red flags identified. 3 strengths noted. Financial health grade: C.

How does Chicago Council On Science Andtechnology spend its money?

Chicago Council On Science Andtechnology directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Chicago Council On Science Andtechnology tax-deductible?

Chicago Council On Science Andtechnology is registered as a tax-exempt nonprofit (EIN: 208490697). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Chicago Council On Science Andtechnology's spending goes to programs?

Chicago Council On Science Andtechnology directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Chicago Council On Science Andtechnology compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Chicago Council On Science Andtechnology is above average for NTEE category U01 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Chicago Council On Science Andtechnology located?

Chicago Council On Science Andtechnology is headquartered in Chicago, Illinois and files with the IRS under EIN 208490697. It is classified under NTEE code U01.

How many years of IRS 990 filings does Chicago Council On Science Andtechnology have?

Chicago Council On Science Andtechnology has 13 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 $449K in total revenue.

Is Chicago Council On Science And Technology financially stable?

While the organization has a long operating history, recent filings show expenses exceeding revenue (e.g., $407,128 expenses vs. $372,631 revenue in 2023) and a decline in assets from $201,898 in 2021 to $69,364 in 2023, suggesting potential challenges to long-term financial stability if these trends continue.

How does the organization manage executive compensation?

The organization reports 0% officer compensation in all available filings, indicating a strong commitment to directing funds towards its programs rather than executive salaries.

What is the trend in the organization's assets?

Assets have fluctuated, peaking at $274,310 in 2017, but have shown a significant decline in recent years, from $201,898 in 2021 to $69,364 in 2023.

Filing History

IRS 990 filing history for Chicago Council On Science Andtechnology showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Chicago Council On Science Andtechnology's revenue has grown by 31.5%, moving from $283K to $373K. Total assets decreased by 48.2% over the same period, from $134K to $69K. Total functional expenses fell by 2.2%, from $416K to $407K. In its most recent filing year (2023), Chicago Council On Science Andtechnology reported a deficit of $34K, with expenses exceeding revenue. The organization holds $20K in liabilities against $69K in assets (debt-to-asset ratio: 28.9%), resulting in net assets of $49K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $373K $407K $69K $20K View 990
2022 $292K $348K $95K $11K View 990
2021 $348K $326K $202K $62K View 990
2020 $269K $355K $186K $68K View 990
2019 $348K $388K $224K $20K View 990
2018 $342K $362K $255K $11K View 990
2017 $332K $315K $274K $11K View 990
2016 $374K $333K $256K $10K View 990
2015 $377K $332K $212K $6K View 990
2014 $483K $447K $179K $18K View 990
2013 $521K $494K $137K $12K View 990
2012 $267K $277K $124K $973
2011 $283K $416K $134K $2K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $373K, expenses of $407K, and assets of $69K (revenue +27.6% year-over-year).
  • 2022: Revenue of $292K, expenses of $348K, and assets of $95K (revenue -16.1% year-over-year).
  • 2021: Revenue of $348K, expenses of $326K, and assets of $202K (revenue +29.4% year-over-year).
  • 2020: Revenue of $269K, expenses of $355K, and assets of $186K (revenue -22.7% year-over-year).
  • 2019: Revenue of $348K, expenses of $388K, and assets of $224K (revenue +1.8% year-over-year).
  • 2018: Revenue of $342K, expenses of $362K, and assets of $255K (revenue +2.9% year-over-year).
  • 2017: Revenue of $332K, expenses of $315K, and assets of $274K (revenue -11.1% year-over-year).
  • 2016: Revenue of $374K, expenses of $333K, and assets of $256K (revenue -0.9% year-over-year).
  • 2015: Revenue of $377K, expenses of $332K, and assets of $212K (revenue -21.9% year-over-year).
  • 2014: Revenue of $483K, expenses of $447K, and assets of $179K (revenue -7.3% year-over-year).
  • 2013: Revenue of $521K, expenses of $494K, and assets of $137K (revenue +94.9% year-over-year).
  • 2012: Revenue of $267K, expenses of $277K, and assets of $124K (revenue -5.7% year-over-year).
  • 2011: Revenue of $283K, expenses of $416K, and assets of $134K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Chicago Council On Science Andtechnology:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Chicago Council On Science Andtechnology 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.

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