Chill Global Inc
EIN: 861834690 · Burlington, VT · NTEE: O02
Is Chill Global Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chill Global Inc
Chill Global Inc (EIN: 861834690) is a nonprofit organization based in Burlington, VT, classified under NTEE code O02. The organization reported total revenue of $1.2M and total assets of $328K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chill Global Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chill Global Inc is a mid-size nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-35,731 |
| Total Assets | $328K |
| Total Liabilities | $265K |
| Net Assets | $62K |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 80.9% |
| Months of Reserves | 3.1 months |
Financial Health Grade: C
In 2024, Chill Global Inc reported a deficit of $36K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 80.9% (high leverage).
Financial Trends
Over 3 years of filings (2022–2024), Chill Global Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +19.7% | +27.4% | +6.9% |
| 2023 | +1.3% | +4.6% | -61.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chill Global 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 Chill Global 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 80.9%.
Frequently Asked Questions about Chill Global Inc
Is Chill Global Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chill Global Inc (EIN: 861834690) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chill Global Inc spend its money?
Detailed spending breakdown data is not yet available for Chill Global Inc. Check back for updated IRS 990 analysis.
Are donations to Chill Global Inc tax-deductible?
Chill Global Inc is registered as a tax-exempt nonprofit (EIN: 861834690). 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 Chill Global Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Chill Global Inc's revenue has grown by 21.3%, moving from $1.0M to $1.2M. Total assets decreased by 59% over the same period, from $799K to $328K. Total functional expenses rose by 33.3%, from $939K to $1.3M. In its most recent filing year (2024), Chill Global Inc reported a deficit of $36K, with expenses exceeding revenue. The organization holds $265K in liabilities against $328K in assets (debt-to-asset ratio: 80.9%), resulting in net assets of $62K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $1.3M | $328K | $265K | — | View 990 |
| 2023 | $1.0M | $982K | $306K | $210K | — | View 990 |
| 2022 | $1.0M | $939K | $799K | $736K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.2M, expenses of $1.3M, and assets of $328K (revenue +19.7% year-over-year).
- 2023: Revenue of $1.0M, expenses of $982K, and assets of $306K (revenue +1.3% year-over-year).
- 2022: Revenue of $1.0M, expenses of $939K, and assets of $799K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chill Global Inc:
Data Sources and Methodology
This transparency report for Chill Global 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.