Chicago Jets Hockey Club Inc
EIN: 364319018 · Chicago, IL · NTEE: N70
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.4M |
| Net Assets | $290K |
Is Chicago Jets Hockey Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chicago Jets Hockey Club Inc
Chicago Jets Hockey Club Inc (EIN: 364319018) is a nonprofit organization based in Chicago, IL, classified under NTEE code N70. The organization reported total revenue of $2.5M and total assets of $760K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chicago Jets Hockey Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chicago Jets Hockey Club Inc is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-99,830 |
| Total Assets | $437K |
| Total Liabilities | $148K |
| Net Assets | $290K |
| Operating Margin | -4.4% |
| Debt-to-Asset Ratio | 33.7% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2023, Chicago Jets Hockey Club Inc reported a deficit of $100K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 33.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chicago Jets Hockey Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | +0.5% | -21.4% |
| 2022 | +7.2% | +25.1% | -17.5% |
| 2021 | -0.5% | +3.0% | +101.0% |
| 2020 | +7.5% | -6.7% | +351.4% |
| 2019 | +19.3% | +15.1% | -54.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chicago Jets Hockey Club Inc 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 Jets Hockey Club Inc 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 deficit of $100K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.7%.
Frequently Asked Questions about Chicago Jets Hockey Club Inc
Is Chicago Jets Hockey Club Inc a legitimate charity?
Chicago Jets Hockey Club Inc (EIN: 364319018) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. Financial health grade: C.
How does Chicago Jets Hockey Club Inc spend its money?
Chicago Jets Hockey Club Inc reported $2.5M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chicago Jets Hockey Club Inc tax-deductible?
Chicago Jets Hockey Club Inc is registered as a tax-exempt nonprofit (EIN: 364319018). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chicago Jets Hockey Club Inc located?
Chicago Jets Hockey Club Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 364319018. It is classified under NTEE code N70.
How many years of IRS 990 filings does Chicago Jets Hockey Club Inc have?
Chicago Jets Hockey Club Inc 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 $2.5M in total revenue.
Filing History
IRS 990 filing history for Chicago Jets Hockey Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chicago Jets Hockey Club Inc's revenue has grown by 318.8%, moving from $544K to $2.3M. Total assets increased by 83.1% over the same period, from $239K to $437K. Total functional expenses rose by 371.4%, from $504K to $2.4M. In its most recent filing year (2023), Chicago Jets Hockey Club Inc reported a deficit of $100K, with expenses exceeding revenue. The organization holds $148K in liabilities against $437K in assets (debt-to-asset ratio: 33.7%), resulting in net assets of $290K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.4M | $437K | $148K | — | View 990 |
| 2022 | $2.2M | $2.4M | $557K | $167K | — | View 990 |
| 2021 | $2.1M | $1.9M | $674K | $158K | — | View 990 |
| 2020 | $2.1M | $1.8M | $336K | $14K | — | View 990 |
| 2019 | $2.0M | $2.0M | $74K | $14K | — | View 990 |
| 2018 | $1.6M | $1.7M | $163K | $85K | — | View 990 |
| 2017 | $1.3M | $1.3M | $163K | $10K | — | View 990 |
| 2016 | $1.0M | $1.1M | $211K | $20K | — | View 990 |
| 2015 | $948K | $990K | $278K | $0 | — | View 990 |
| 2014 | $828K | $821K | $319K | $0 | — | View 990 |
| 2013 | $635K | $592K | $312K | $2K | — | View 990 |
| 2012 | $611K | $580K | $270K | $0 | — | View 990 |
| 2011 | $544K | $504K | $239K | $544 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.4M, and assets of $437K (revenue +1.8% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.4M, and assets of $557K (revenue +7.2% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.9M, and assets of $674K (revenue -0.5% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.8M, and assets of $336K (revenue +7.5% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.0M, and assets of $74K (revenue +19.3% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.7M, and assets of $163K (revenue +30.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $163K (revenue +24.1% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $211K (revenue +6.8% year-over-year).
- 2015: Revenue of $948K, expenses of $990K, and assets of $278K (revenue +14.6% year-over-year).
- 2014: Revenue of $828K, expenses of $821K, and assets of $319K (revenue +30.4% year-over-year).
- 2013: Revenue of $635K, expenses of $592K, and assets of $312K (revenue +3.8% year-over-year).
- 2012: Revenue of $611K, expenses of $580K, and assets of $270K (revenue +12.4% year-over-year).
- 2011: Revenue of $544K, expenses of $504K, and assets of $239K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chicago Jets Hockey Club Inc:
Data Sources and Methodology
This transparency report for Chicago Jets Hockey Club 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.