Major Adams Community Committee
EIN: 364600181 · Chicago, IL · NTEE: B92
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Net Assets | $116K |
Is Major Adams Community Committee Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Major Adams Community Committee
Major Adams Community Committee (EIN: 364600181) is a nonprofit organization based in Chicago, IL, classified under NTEE code B92. The organization reported total revenue of $1.4M and total assets of $116K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Major Adams Community Committee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Major Adams Community Committee is a mid-size nonprofit that has been operating for 11 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 22.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$61K |
| Total Assets | $116K |
| Net Assets | $116K |
| Operating Margin | 4.5% |
| Months of Reserves | 1.1 months |
Financial Health Grade: A
In 2023, Major Adams Community Committee reported a surplus of $61K with revenue exceeding expenses, holds 1.1 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2012–2023), Major Adams Community Committee's revenue has grown at a compound annual growth rate (CAGR) of 22.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.3% | +76.0% | +111.9% |
| 2022 | +13.9% | +22.8% | +8.2% |
| 2021 | +123.3% | +95.5% | +239.4% |
| 2020 | -13.4% | -3.1% | -51.4% |
| 2019 | -20.6% | -23.2% | -26.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Major Adams Community Committee 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 Major Adams Community Committee 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 $61K, with revenue exceeding expenses.
Frequently Asked Questions about Major Adams Community Committee
Is Major Adams Community Committee a legitimate charity?
Based on AI analysis of IRS 990 filings, Major Adams Community Committee (EIN: 364600181) insufficient data. 0 red flags identified, 0 strengths noted.
How does Major Adams Community Committee spend its money?
Detailed spending breakdown data is not yet available for Major Adams Community Committee. Check back for updated IRS 990 analysis.
Are donations to Major Adams Community Committee tax-deductible?
Major Adams Community Committee is registered as a tax-exempt nonprofit (EIN: 364600181). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Major Adams Community Committee located?
Major Adams Community Committee is headquartered in Chicago, Illinois and files with the IRS under EIN 364600181. It is classified under NTEE code B92.
How many years of IRS 990 filings does Major Adams Community Committee have?
Major Adams Community Committee 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Major Adams Community Committee showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Major Adams Community Committee's revenue has grown by 842.8%, moving from $144K to $1.4M. Total assets increased by 347.7% over the same period, from $26K to $116K. Total functional expenses rose by 798.2%, from $145K to $1.3M. In its most recent filing year (2023), Major Adams Community Committee reported a surplus of $61K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.3M | $116K | $0 | — | — |
| 2022 | $742K | $738K | $55K | $0 | — | View 990 |
| 2021 | $651K | $601K | $50K | $0 | — | View 990 |
| 2020 | $292K | $307K | $15K | $0 | — | View 990 |
| 2019 | $337K | $317K | $31K | $0 | — | View 990 |
| 2018 | $424K | $413K | $42K | $30K | — | View 990 |
| 2017 | $309K | $294K | $29K | $29K | — | View 990 |
| 2016 | $281K | $265K | $37K | $21K | — | View 990 |
| 2015 | $235K | $233K | $7K | $0 | — | View 990 |
| 2014 | $121K | $118K | $24K | $0 | — | View 990 |
| 2013 | $148K | $148K | $24K | $0 | — | View 990 |
| 2012 | $144K | $145K | $26K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.3M, and assets of $116K (revenue +83.3% year-over-year).
- 2022: Revenue of $742K, expenses of $738K, and assets of $55K (revenue +13.9% year-over-year).
- 2021: Revenue of $651K, expenses of $601K, and assets of $50K (revenue +123.3% year-over-year).
- 2020: Revenue of $292K, expenses of $307K, and assets of $15K (revenue -13.4% year-over-year).
- 2019: Revenue of $337K, expenses of $317K, and assets of $31K (revenue -20.6% year-over-year).
- 2018: Revenue of $424K, expenses of $413K, and assets of $42K (revenue +37.4% year-over-year).
- 2017: Revenue of $309K, expenses of $294K, and assets of $29K (revenue +9.7% year-over-year).
- 2016: Revenue of $281K, expenses of $265K, and assets of $37K (revenue +19.8% year-over-year).
- 2015: Revenue of $235K, expenses of $233K, and assets of $7K (revenue +94.5% year-over-year).
- 2014: Revenue of $121K, expenses of $118K, and assets of $24K (revenue -18.4% year-over-year).
- 2013: Revenue of $148K, expenses of $148K, and assets of $24K (revenue +2.5% year-over-year).
- 2012: Revenue of $144K, expenses of $145K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Major Adams Community Committee:
Data Sources and Methodology
This transparency report for Major Adams Community Committee 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.