The Isaac Ray Center Inc
EIN: 363018253 · Chicago, IL
| Metric | Value |
|---|---|
| Total Expenses | $3.9M |
| Net Assets | $1.1M |
Is The Isaac Ray Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Isaac Ray Center Inc
The Isaac Ray Center Inc (EIN: 363018253) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Isaac Ray Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Isaac Ray Center Inc is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$68K |
| Total Assets | $1.3M |
| Total Liabilities | $203K |
| Net Assets | $1.1M |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 15.7% |
| Months of Reserves | 3.9 months |
Financial Health Grade: A
In 2016, The Isaac Ray Center Inc reported a surplus of $68K with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 15.7% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2016), The Isaac Ray Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +16.2% | +13.2% | +9.4% |
| 2015 | -0.6% | +1.0% | -4.2% |
| 2014 | +9.3% | +10.4% | +5.6% |
| 2013 | -1.0% | -2.0% | -8.1% |
| 2012 | -19.4% | -16.8% | -16.8% |
AI Analysis Pending
AI enrichment for The Isaac Ray Center Inc 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 The Isaac Ray Center Inc 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $68K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.7%.
Frequently Asked Questions about The Isaac Ray Center Inc
Is The Isaac Ray Center Inc a legitimate charity?
The Isaac Ray Center Inc (EIN: 363018253) is a registered tax-exempt nonprofit based in Illinois. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does The Isaac Ray Center Inc spend its money?
The Isaac Ray Center Inc reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Isaac Ray Center Inc tax-deductible?
The Isaac Ray Center Inc is registered as a tax-exempt nonprofit (EIN: 363018253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Isaac Ray Center Inc located?
The Isaac Ray Center Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 363018253.
How many years of IRS 990 filings does The Isaac Ray Center Inc have?
The Isaac Ray Center Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for The Isaac Ray Center Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), The Isaac Ray Center Inc's revenue has grown by 0.6%, moving from $4.0M to $4.0M. Total assets decreased by 15.4% over the same period, from $1.5M to $1.3M. Total functional expenses rose by 2.9%, from $3.8M to $3.9M. In its most recent filing year (2016), The Isaac Ray Center Inc reported a surplus of $68K, with revenue exceeding expenses. The organization holds $203K in liabilities against $1.3M in assets (debt-to-asset ratio: 15.7%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $4.0M | $3.9M | $1.3M | $203K | — | View 990 |
| 2015 | $3.4M | $3.5M | $1.2M | $161K | — | View 990 |
| 2014 | $3.5M | $3.4M | $1.2M | $181K | — | View 990 |
| 2013 | $3.2M | $3.1M | $1.2M | $142K | — | View 990 |
| 2012 | $3.2M | $3.2M | $1.3M | $302K | — | View 990 |
| 2011 | $4.0M | $3.8M | $1.5M | $584K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $4.0M, expenses of $3.9M, and assets of $1.3M (revenue +16.2% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.5M, and assets of $1.2M (revenue -0.6% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.4M, and assets of $1.2M (revenue +9.3% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.1M, and assets of $1.2M (revenue -1.0% year-over-year).
- 2012: Revenue of $3.2M, expenses of $3.2M, and assets of $1.3M (revenue -19.4% year-over-year).
- 2011: Revenue of $4.0M, expenses of $3.8M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Isaac Ray Center Inc:
Data Sources and Methodology
This transparency report for The Isaac Ray Center Inc 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.