Restoration Center Chicago
EIN: 823212341 · Chicago, IL · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $515K |
| Total Expenses | $702K |
| Net Assets | $77K |
Is Restoration Center Chicago Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Restoration Center Chicago
Restoration Center Chicago (EIN: 823212341) is a nonprofit organization based in Chicago, IL, classified under NTEE code X99. The organization reported total revenue of $515K and total assets of $49K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Restoration Center Chicago's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Restoration Center Chicago is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 39.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $670K |
| Total Expenses | $702K |
| Surplus / Deficit | $-31,934 |
| Total Assets | $77K |
| Net Assets | $77K |
| Operating Margin | -4.8% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2023, Restoration Center Chicago reported a deficit of $32K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2019–2023), Restoration Center Chicago's revenue has grown at a compound annual growth rate (CAGR) of 39.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.2% | +5.6% | -39.4% |
| 2022 | +11.5% | +9.9% | +19.8% |
| 2021 | +61.1% | +71.7% | +44.5% |
| 2020 | +118.4% | +124.5% | +91.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Restoration Center Chicago 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 Restoration Center Chicago 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 deficit of $32K, with expenses exceeding revenue.
Frequently Asked Questions about Restoration Center Chicago
Is Restoration Center Chicago a legitimate charity?
Restoration Center Chicago (EIN: 823212341) is a registered tax-exempt nonprofit based in Illinois. It has 5 years of IRS 990 filings on record. Total revenue: $515K. No red flags identified. Financial health grade: C.
How does Restoration Center Chicago spend its money?
Restoration Center Chicago reported $515K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Restoration Center Chicago tax-deductible?
Restoration Center Chicago is registered as a tax-exempt nonprofit (EIN: 823212341). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Restoration Center Chicago located?
Restoration Center Chicago is headquartered in Chicago, Illinois and files with the IRS under EIN 823212341. It is classified under NTEE code X99.
How many years of IRS 990 filings does Restoration Center Chicago have?
Restoration Center Chicago has 5 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 $515K in total revenue.
Filing History
IRS 990 filing history for Restoration Center Chicago showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Restoration Center Chicago's revenue has grown by 275.3%, moving from $178K to $670K. Total assets increased by 100.5% over the same period, from $39K to $77K. Total functional expenses rose by 347.2%, from $157K to $702K. In its most recent filing year (2023), Restoration Center Chicago reported a deficit of $32K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $670K | $702K | $77K | $0 | — | — |
| 2022 | $699K | $665K | $128K | $0 | — | View 990 |
| 2021 | $627K | $605K | $107K | $14K | — | View 990 |
| 2020 | $390K | $352K | $74K | $3K | — | View 990 |
| 2019 | $178K | $157K | $39K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $670K, expenses of $702K, and assets of $77K (revenue -4.2% year-over-year).
- 2022: Revenue of $699K, expenses of $665K, and assets of $128K (revenue +11.5% year-over-year).
- 2021: Revenue of $627K, expenses of $605K, and assets of $107K (revenue +61.1% year-over-year).
- 2020: Revenue of $390K, expenses of $352K, and assets of $74K (revenue +118.4% year-over-year).
- 2019: Revenue of $178K, expenses of $157K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Restoration Center Chicago:
Data Sources and Methodology
This transparency report for Restoration Center Chicago 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.