Choose Chicago Foundation
EIN: 454847768 · Chicago, IL · NTEE: S99
| Metric | Value |
|---|---|
| Total Revenue | $9.2M |
| Total Expenses | $210K |
| Net Assets | $8.5M |
Is Choose Chicago Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Choose Chicago Foundation
Choose Chicago Foundation (EIN: 454847768) is a nonprofit organization based in Chicago, IL, classified under NTEE code S99. The organization reported total revenue of $9.2M and total assets of $782K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Choose Chicago Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Choose Chicago Foundation is a mid-size nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 33.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.1M |
| Total Expenses | $210K |
| Surplus / Deficit | +$7.9M |
| Total Assets | $8.5M |
| Total Liabilities | $210 |
| Net Assets | $8.5M |
| Operating Margin | 97.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 486.9 months |
Financial Health Grade: A
In 2023, Choose Chicago Foundation reported a surplus of $7.9M with revenue exceeding expenses, holds 486.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Choose Chicago Foundation's revenue has grown at a compound annual growth rate (CAGR) of 33.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +104362.9% | +48.2% | +1259.6% |
| 2022 | -99.7% | -94.1% | -27.2% |
| 2021 | +3291.5% | +7330.9% | +28.6% |
| 2020 | -50.0% | +167.9% | +2.6% |
| 2019 | +47.3% | +359.8% | +31.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Choose Chicago Foundation 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 Choose Chicago Foundation 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 $7.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Choose Chicago Foundation
Is Choose Chicago Foundation a legitimate charity?
Choose Chicago Foundation (EIN: 454847768) is a registered tax-exempt nonprofit based in Illinois. It has 12 years of IRS 990 filings on record. Total revenue: $9.2M. No red flags identified. Financial health grade: A.
How does Choose Chicago Foundation spend its money?
Choose Chicago Foundation reported $9.2M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Choose Chicago Foundation tax-deductible?
Choose Chicago Foundation is registered as a tax-exempt nonprofit (EIN: 454847768). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Choose Chicago Foundation located?
Choose Chicago Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 454847768. It is classified under NTEE code S99.
How many years of IRS 990 filings does Choose Chicago Foundation have?
Choose Chicago Foundation 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 $9.2M in total revenue.
Filing History
IRS 990 filing history for Choose Chicago Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Choose Chicago Foundation's revenue has grown by 2212.5%, moving from $350K to $8.1M. Total assets increased by 3551% over the same period, from $233K to $8.5M. Total functional expenses fell by 42.8%, from $367K to $210K. In its most recent filing year (2023), Choose Chicago Foundation reported a surplus of $7.9M, with revenue exceeding expenses. The organization holds $210 in liabilities against $8.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.1M | $210K | $8.5M | $210 | — | — |
| 2022 | $8K | $142K | $626K | $35 | — | View 990 |
| 2021 | $2.5M | $2.4M | $860K | $100K | — | View 990 |
| 2020 | $75K | $32K | $669K | $50K | — | — |
| 2019 | $150K | $12K | $652K | $76K | — | View 990 |
| 2018 | $102K | $3K | $494K | $56K | — | View 990 |
| 2017 | $59K | $4K | $394K | $56K | — | View 990 |
| 2016 | $279K | $72K | $283K | $35 | — | View 990 |
| 2015 | $770K | $666K | $128K | $51K | — | View 990 |
| 2014 | $182K | $190K | $212K | $240K | — | View 990 |
| 2013 | $15K | $17K | $1K | $20K | — | View 990 |
| 2012 | $350K | $367K | $233K | $250K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.1M, expenses of $210K, and assets of $8.5M (revenue +104362.9% year-over-year).
- 2022: Revenue of $8K, expenses of $142K, and assets of $626K (revenue -99.7% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.4M, and assets of $860K (revenue +3291.5% year-over-year).
- 2020: Revenue of $75K, expenses of $32K, and assets of $669K (revenue -50.0% year-over-year).
- 2019: Revenue of $150K, expenses of $12K, and assets of $652K (revenue +47.3% year-over-year).
- 2018: Revenue of $102K, expenses of $3K, and assets of $494K (revenue +72.9% year-over-year).
- 2017: Revenue of $59K, expenses of $4K, and assets of $394K (revenue -78.8% year-over-year).
- 2016: Revenue of $279K, expenses of $72K, and assets of $283K (revenue -63.8% year-over-year).
- 2015: Revenue of $770K, expenses of $666K, and assets of $128K (revenue +323.2% year-over-year).
- 2014: Revenue of $182K, expenses of $190K, and assets of $212K (revenue +1155.0% year-over-year).
- 2013: Revenue of $15K, expenses of $17K, and assets of $1K (revenue -95.9% year-over-year).
- 2012: Revenue of $350K, expenses of $367K, and assets of $233K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Choose Chicago Foundation:
Data Sources and Methodology
This transparency report for Choose Chicago Foundation 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.