Little Heroes League
EIN: 822475198 · Chicago, IL · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.0M |
| Net Assets | $573K |
Is Little Heroes League Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Little Heroes League
Little Heroes League (EIN: 822475198) is a nonprofit organization based in Chicago, IL, classified under NTEE code T30. The organization reported total revenue of $1.5M and total assets of $641K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Heroes League's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Little Heroes League is a mid-size nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 33.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$286K |
| Total Assets | $573K |
| Net Assets | $573K |
| Operating Margin | 21.9% |
| Months of Reserves | 6.7 months |
Financial Health Grade: A
In 2023, Little Heroes League reported a surplus of $286K with revenue exceeding expenses, holds 6.7 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Little Heroes League's revenue has grown at a compound annual growth rate (CAGR) of 33.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.6% | +25.5% | +99.5% |
| 2022 | +16.6% | +15.9% | +45.7% |
| 2021 | +28.4% | +27.1% | +58.4% |
| 2020 | +3.5% | -7.0% | +68.7% |
| 2019 | +24.1% | -3.2% | -12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Little Heroes League 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 Little Heroes League 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 $286K, with revenue exceeding expenses.
Frequently Asked Questions about Little Heroes League
Is Little Heroes League a legitimate charity?
Little Heroes League (EIN: 822475198) is a registered tax-exempt nonprofit based in Illinois. It has 7 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: A.
How does Little Heroes League spend its money?
Little Heroes League reported $1.5M in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Little Heroes League tax-deductible?
Little Heroes League is registered as a tax-exempt nonprofit (EIN: 822475198). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Little Heroes League located?
Little Heroes League is headquartered in Chicago, Illinois and files with the IRS under EIN 822475198. It is classified under NTEE code T30.
How many years of IRS 990 filings does Little Heroes League have?
Little Heroes League has 7 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Little Heroes League showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Little Heroes League's revenue has grown by 464.5%, moving from $232K to $1.3M. Total assets increased by 151.7% over the same period, from $228K to $573K. Total functional expenses rose by 25254.8%, from $4K to $1.0M. In its most recent filing year (2023), Little Heroes League reported a surplus of $286K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.0M | $573K | $0 | — | — |
| 2022 | $904K | $814K | $287K | $0 | — | View 990 |
| 2021 | $775K | $703K | $197K | $0 | — | View 990 |
| 2020 | $604K | $553K | $124K | $28 | — | — |
| 2019 | $583K | $594K | $74K | $506 | — | View 990 |
| 2018 | $470K | $614K | $84K | $0 | — | View 990 |
| 2017 | $232K | $4K | $228K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.0M, and assets of $573K (revenue +44.6% year-over-year).
- 2022: Revenue of $904K, expenses of $814K, and assets of $287K (revenue +16.6% year-over-year).
- 2021: Revenue of $775K, expenses of $703K, and assets of $197K (revenue +28.4% year-over-year).
- 2020: Revenue of $604K, expenses of $553K, and assets of $124K (revenue +3.5% year-over-year).
- 2019: Revenue of $583K, expenses of $594K, and assets of $74K (revenue +24.1% year-over-year).
- 2018: Revenue of $470K, expenses of $614K, and assets of $84K (revenue +102.9% year-over-year).
- 2017: Revenue of $232K, expenses of $4K, and assets of $228K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Little Heroes League:
Data Sources and Methodology
This transparency report for Little Heroes League 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.