Chicago Football Classic Inc
Chicago Football Classic Inc. shows volatile revenue and asset trends with consistent zero executive compensation.
EIN: 208928494 · Chicago, IL · NTEE: N65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $596K |
| Total Expenses | $199K |
| Program Spending | 80% |
| Net Assets | $204K |
| Transparency Score | 75/100 |
Is Chicago Football Classic Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chicago Football Classic Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chicago Football Classic Inc
Chicago Football Classic Inc (EIN: 208928494) is a nonprofit organization based in Chicago, IL, classified under NTEE code N65. The organization reported total revenue of $596K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chicago Football Classic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chicago Football Classic Inc is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -10.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $293K |
| Total Expenses | $199K |
| Surplus / Deficit | +$94K |
| Total Assets | $305K |
| Total Liabilities | $101K |
| Net Assets | $204K |
| Operating Margin | 32.1% |
| Debt-to-Asset Ratio | 33.1% |
| Months of Reserves | 18.4 months |
Financial Health Grade: A
In 2022, Chicago Football Classic Inc reported a surplus of $94K with revenue exceeding expenses, holds 18.4 months of operating reserves (strong position), has a debt-to-asset ratio of 33.1% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Chicago Football Classic Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +311.8% | +102.4% | +45.1% |
| 2021 | -60.9% | +7.9% | -14.6% |
| 2020 | -83.1% | -91.3% | +62.3% |
| 2019 | +97.1% | +140.4% | +31.6% |
| 2018 | -45.1% | -57.5% | -21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2008 |
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 Chicago Football Classic Inc with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Chicago Football Classic Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $94K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly favorable for resource allocation.
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 Football Classic Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $1M in 2019 to $71K in 2021)
- Fluctuating asset base, currently low at $41,563 compared to historical highs
- High liabilities in some periods (e.g., $458,116 in 2013) relative to assets
Strengths
The following positive indicators were identified for Chicago Football Classic Inc:
- Consistent 0% officer compensation, indicating efficient use of funds for mission
- Regular IRS 990 filing history, demonstrating transparency and compliance
- Periods of strong revenue generation (e.g., $1,075,284 in 2019)
Frequently Asked Questions about Chicago Football Classic Inc
Is Chicago Football Classic Inc a legitimate charity?
Chicago Football Classic Inc (EIN: 208928494) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $596K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Chicago Football Classic Inc spend its money?
Chicago Football Classic Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Chicago Football Classic Inc tax-deductible?
Chicago Football Classic Inc is registered as a tax-exempt nonprofit (EIN: 208928494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Chicago Football Classic Inc's spending goes to programs?
Chicago Football Classic Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chicago Football Classic Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Chicago Football Classic Inc is above average for NTEE category N65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chicago Football Classic Inc located?
Chicago Football Classic Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 208928494. It is classified under NTEE code N65.
How many years of IRS 990 filings does Chicago Football Classic Inc have?
Chicago Football Classic Inc has 12 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 $596K in total revenue.
Is Chicago Football Classic Inc. financially stable given its fluctuating revenue?
The organization experiences significant revenue fluctuations, from over $1 million in 2019 to $71,114 in 2021. While it has shown recovery, this volatility suggests potential challenges in long-term financial stability without consistent funding sources.
How does the organization manage its liabilities?
Liabilities have varied significantly, from $100,000 in 2021 to $458,116 in 2013. This suggests a dynamic approach to managing debt, possibly tied to event cycles or capital expenditures, but also indicates periods of substantial financial obligations.
What is the impact of zero officer compensation on the organization?
Zero officer compensation means that all revenue, after operational expenses, is theoretically available for program activities or building reserves. This is a strong positive for donor confidence and efficient use of funds, as no funds are diverted to executive salaries.
Does the organization maintain adequate assets for its operations?
Assets have fluctuated widely, from a low of $41,563 currently to a high of $305,266 in 2022. The current asset level is relatively low compared to past revenues, which could indicate limited reserves for unexpected expenses or future growth.
Filing History
IRS 990 filing history for Chicago Football Classic Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Chicago Football Classic Inc's revenue has declined by 70%, moving from $975K to $293K. Total assets increased by 104.8% over the same period, from $149K to $305K. Total functional expenses fell by 80.8%, from $1.0M to $199K. In its most recent filing year (2022), Chicago Football Classic Inc reported a surplus of $94K, with revenue exceeding expenses. The organization holds $101K in liabilities against $305K in assets (debt-to-asset ratio: 33.1%), resulting in net assets of $204K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $293K | $199K | $305K | $101K | — | View 990 |
| 2021 | $71K | $98K | $210K | $100K | — | View 990 |
| 2020 | $182K | $91K | $246K | $109K | — | View 990 |
| 2019 | $1.1M | $1.0M | $152K | $105K | — | — |
| 2018 | $545K | $433K | $115K | $102K | — | View 990 |
| 2017 | $993K | $1.0M | $147K | $246K | — | View 990 |
| 2016 | $797K | $783K | $85K | $157K | — | View 990 |
| 2015 | $856K | $788K | $59K | $144K | — | View 990 |
| 2014 | $974K | $906K | $164K | $318K | — | View 990 |
| 2013 | $811K | $835K | $236K | $458K | — | View 990 |
| 2012 | $933K | $876K | $246K | $443K | — | View 990 |
| 2011 | $975K | $1.0M | $149K | $404K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $293K, expenses of $199K, and assets of $305K (revenue +311.8% year-over-year).
- 2021: Revenue of $71K, expenses of $98K, and assets of $210K (revenue -60.9% year-over-year).
- 2020: Revenue of $182K, expenses of $91K, and assets of $246K (revenue -83.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $152K (revenue +97.1% year-over-year).
- 2018: Revenue of $545K, expenses of $433K, and assets of $115K (revenue -45.1% year-over-year).
- 2017: Revenue of $993K, expenses of $1.0M, and assets of $147K (revenue +24.6% year-over-year).
- 2016: Revenue of $797K, expenses of $783K, and assets of $85K (revenue -7.0% year-over-year).
- 2015: Revenue of $856K, expenses of $788K, and assets of $59K (revenue -12.0% year-over-year).
- 2014: Revenue of $974K, expenses of $906K, and assets of $164K (revenue +20.0% year-over-year).
- 2013: Revenue of $811K, expenses of $835K, and assets of $236K (revenue -13.1% year-over-year).
- 2012: Revenue of $933K, expenses of $876K, and assets of $246K (revenue -4.3% year-over-year).
- 2011: Revenue of $975K, expenses of $1.0M, and assets of $149K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chicago Football Classic Inc:
Data Sources and Methodology
This transparency report for Chicago Football Classic 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.