Illinois Joining Forces Foundation
EIN: 472152382 · Chicago, IL · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $637K |
| Net Assets | $643K |
Is Illinois Joining Forces Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Illinois Joining Forces Foundation
Illinois Joining Forces Foundation (EIN: 472152382) is a nonprofit organization based in Chicago, IL, classified under NTEE code P20. The organization reported total revenue of $1.9M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Illinois Joining Forces Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Illinois Joining Forces Foundation is a mid-size nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 38.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $637K |
| Surplus / Deficit | +$497K |
| Total Assets | $890K |
| Total Liabilities | $248K |
| Net Assets | $643K |
| Operating Margin | 43.8% |
| Debt-to-Asset Ratio | 27.8% |
| Months of Reserves | 16.8 months |
Financial Health Grade: A
In 2023, Illinois Joining Forces Foundation reported a surplus of $497K with revenue exceeding expenses, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 27.8% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Illinois Joining Forces Foundation's revenue has grown at a compound annual growth rate (CAGR) of 38.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +262.7% | +37.7% | +116.3% |
| 2022 | -63.2% | +3.0% | -35.9% |
| 2021 | +126.6% | +19.7% | +90.6% |
| 2020 | -22.4% | -33.1% | +158.3% |
| 2019 | +69.1% | +42.2% | +358.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Illinois Joining Forces 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 Illinois Joining Forces 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 $497K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.8%.
Frequently Asked Questions about Illinois Joining Forces Foundation
Is Illinois Joining Forces Foundation a legitimate charity?
Illinois Joining Forces Foundation (EIN: 472152382) is a registered tax-exempt nonprofit based in Illinois. It has 9 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: A.
How does Illinois Joining Forces Foundation spend its money?
Illinois Joining Forces Foundation reported $1.9M in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Illinois Joining Forces Foundation tax-deductible?
Illinois Joining Forces Foundation is registered as a tax-exempt nonprofit (EIN: 472152382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Illinois Joining Forces Foundation located?
Illinois Joining Forces Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 472152382. It is classified under NTEE code P20.
How many years of IRS 990 filings does Illinois Joining Forces Foundation have?
Illinois Joining Forces Foundation has 9 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Illinois Joining Forces Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Illinois Joining Forces Foundation's revenue has grown by 1222.8%, moving from $86K to $1.1M. Total assets increased by 1025.1% over the same period, from $79K to $890K. Total functional expenses rose by 9584.5%, from $7K to $637K. In its most recent filing year (2023), Illinois Joining Forces Foundation reported a surplus of $497K, with revenue exceeding expenses. The organization holds $248K in liabilities against $890K in assets (debt-to-asset ratio: 27.8%), resulting in net assets of $643K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $637K | $890K | $248K | — | — |
| 2022 | $313K | $462K | $412K | $266K | — | View 990 |
| 2021 | $850K | $449K | $642K | $347K | — | — |
| 2020 | $375K | $375K | $337K | $440K | — | View 990 |
| 2019 | $483K | $561K | $130K | $286K | — | View 990 |
| 2018 | $286K | $394K | $28K | $178K | — | View 990 |
| 2017 | $521K | $648K | $310K | $352K | — | View 990 |
| 2016 | $307K | $300K | $92K | $6K | — | View 990 |
| 2015 | $86K | $7K | $79K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $637K, and assets of $890K (revenue +262.7% year-over-year).
- 2022: Revenue of $313K, expenses of $462K, and assets of $412K (revenue -63.2% year-over-year).
- 2021: Revenue of $850K, expenses of $449K, and assets of $642K (revenue +126.6% year-over-year).
- 2020: Revenue of $375K, expenses of $375K, and assets of $337K (revenue -22.4% year-over-year).
- 2019: Revenue of $483K, expenses of $561K, and assets of $130K (revenue +69.1% year-over-year).
- 2018: Revenue of $286K, expenses of $394K, and assets of $28K (revenue -45.1% year-over-year).
- 2017: Revenue of $521K, expenses of $648K, and assets of $310K (revenue +69.9% year-over-year).
- 2016: Revenue of $307K, expenses of $300K, and assets of $92K (revenue +257.7% year-over-year).
- 2015: Revenue of $86K, expenses of $7K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Illinois Joining Forces Foundation:
Data Sources and Methodology
This transparency report for Illinois Joining Forces 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.