Tr 16 Market Square Corp

Tr 16 Market Square Corp consistently reports $0 expenses, hindering financial transparency and analysis.

EIN: 202843456 · Chicago, IL · NTEE: S470 · Updated: 2026-03-28

$8.6MRevenue
$3.0MGross Revenue
$74.3MAssets
10/100Mission Score (Very Poor)
S470

Resolve This Donation Decision

Should someone trust, compare, or avoid Tr 16 Market Square Corp?

This page is being rebuilt as a decision workflow: verify the public record, understand where money goes, compare better nearby or category peers, then save the evidence into a report or watchlist when the decision matters.

Source Check Matrix

What Has Been Verified vs. What Needs Human Review

Identity resolved verified

Tr 16 Market Square Corp is mapped to EIN 202843456.

IRS BMF exempt record needs review

Open IRS TEOS or BMF source before relying on exemption status.

IRS Pub 78 deductibility needs review

Pub 78 eligibility should be verified in IRS TEOS before money changes hands.

IRS automatic revocation needs review

Check the official auto-revocation bulk source or cached evidence before relying on current exemption.

IRS Form 990 index verified

13 stored filing years available.

Raw 990 source linked

Open ProPublica to verify the raw filing record and PDFs.

Filing depth verified

13 stored filing years available.

State charity registration manual confirmation

Open Illinois charity search; the workflow stops for human confirmation unless a stable source is cached.

Candid / GuideStar profile api pending

Candid API access is not configured; open manually and do not count as verified evidence.

Charity Navigator rating api pending

Charity Navigator API access is not configured; open manually and do not count as verified evidence.

Source and Resolution Links

Finish the Investigation Outside Our Dataset

When the answer lives with the IRS, ProPublica, Candid, Charity Navigator, or the nonprofit itself, NonprofitSpending links out instead of trapping the user on a partial answer.

IRS tax-exempt lookup

Verify exemption status and deductibility directly with the IRS.

IRS bulk evidence downloads

Check Pub 78, automatic revocation, 990-N, and Form 990 bulk evidence sources.

IRS EO BMF extract

Open the official Business Master File extract source for tax-exempt organization records.

ProPublica 990 source

Open the raw filing record and filing PDFs outside NonprofitSpending.

Illinois charity search

Confirm state charity registration or solicitation status where applicable.

Candid profile search

Look for GuideStar/Candid profile details, programs, leadership, and seals.

Charity Navigator search

Check whether another evaluator has ratings or impact context.

Workflow Engine

Queries We Should Resolve, Not Just Answer

Search Console demand points to task completion. Each workflow can run calculations, source checks, external lookups, comparisons, and report/export capture around this nonprofit.

Verify tax status Runnable

Triggered by: 501(c)(3), tax deductible, EIN

IRS status check plus source links

Verify official evidence Runnable

Triggered by: IRS Pub 78, BMF, revocation, 990 index, state registration

Official-source evidence matrix with human stops where a state portal must be checked.

Find source filings Runnable

Triggered by: 990 PDF, annual report, filing record

13 stored filing years plus ProPublica source

Crunch money signals Runnable

Triggered by: program expense ratio, CEO salary, revenue, grants

Spending and compensation calculation

Compare alternatives Runnable

Triggered by: best charities, similar nonprofits, compare

4 peer options surfaced

Resolve leadership and board Runnable

Triggered by: executive team, trustees, officer pay

Use 990 compensation disclosures and external profile links.

Donation decision copilot Runnable

Triggered by: should I donate, give or compare, charity safety

Eligibility, money signals, sources, peer context, and next action.

Grantmaker due diligence Runnable

Triggered by: foundation review, grant risk, grantee capacity

Foundation-style packet across filings, finances, governance, and gaps.

Impact evidence finder Runnable

Triggered by: outcomes, annual report, cost effectiveness

Separate actual impact evidence from raw 990 financial cleanliness.

Room for more funding Runnable

Triggered by: would my donation help, funding gap, marginal impact

Revenue trend, runway, surplus/deficit, and source follow-ups.

Operator transparency diagnostic Runnable

Triggered by: how does my nonprofit look to donors

Profile, filing, impact, and transparency improvements to earn trust.

Tr 16 Market Square Corp Financial Summary
MetricValue
Total Revenue$8.6M
CEO/Top Officer Pay$74
Net Assets$38.7M
Transparency Score10/100

Search Intent Cockpit

Tr 16 Market Square Corp Form 990, Revenue, CEO Pay, and IRS Filing Signals

Tr 16 Market Square Corp is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Tr 16 Market Square Corp in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $2.5M and expenses of $0.

Revenue and Expenses

Revenue, expense, and surplus data is shown where available from IRS 990 records.

Executive Compensation

Top officer compensation appears as $74 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

10/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.

Is Tr 16 Market Square Corp Legit?

Significant Concerns

GoodFiling Consistency
UnknownSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
PendingProgram Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.

Across stored filings, Tr 16 Market Square Corp shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Tr 16 Market Square Corp Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySignificant ConcernsGood filing record; 4 red flags identified
Mission spendPendingUnknown
Financial durabilityGrade B13 stored filing years
Peer contextCompare with ShorefrontIllinois and Community Improvement context

Trust Check

Review legitimacy, deductibility, red flags, and filing consistency.

Open charity check →

Peer Benchmark

Compare against real state and category peers.

Compare with Shorefront →
All Illinois nonprofits
All Community Improvement

Local and Sector Spokes

Move into this nonprofit's local market, category, and sector maps.

Chicago, IL nonprofits
Community Improvement in Illinois
Public Benefit in Illinois

Follow the Money

Jump into spending, compensation, rankings, and filing-year evidence.

State spending analysis
State compensation analysis
Community Improvement spending
Best Community Improvement charities in Illinois
Relevant rankings

Donation Decision Flow

From Trust Check to Better Alternatives

1

Verify

Significant Concerns. Check deductibility, filings, and red flags.

2

Understand money

Use filing data to inspect spending as enrichment grows.

3

Compare

Benchmark against Shorefront.

4

Decide

Build a shortlist, compare alternatives, and review the latest filing before giving.

Alternative Shopping

Similar Nonprofits Donors Should Compare

Browse the full Community Improvement peer market in Illinois →

Next Best Actions

Keep the Investigation Moving

Verify legitimacy

Open the focused charity-check flow before donating.

Compare a peer

Benchmark against Shorefront.

Find best peers

See best Community Improvement charities in Illinois.

Inspect local compensation

See whether pay levels look unusual in this state.

Research Workflow

Turn this Form 990 profile into a donor-ready report

Request a concise report for Tr 16 Market Square Corp with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.

Get spending reportDonor-ready PDF summary.
Request CSV exportFiling-year data for research.
Watch this nonprofitUpdates when public data changes.

Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.

About Tr 16 Market Square Corp

Tr 16 Market Square Corp (EIN: 202843456) is a nonprofit organization based in Chicago, IL, classified under NTEE code S470. The organization reported total revenue of $8.6M and total assets of $74.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tr 16 Market Square Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Tr 16 Market Square Corp is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.5M
Total Expenses$0
Surplus / Deficit+$2.5M
Total Assets$83.1M
Total Liabilities$44.5M
Net Assets$38.7M
Operating Margin100.0%
Debt-to-Asset Ratio53.5%

Financial Health Grade: B

In 2023, Tr 16 Market Square Corp reported a surplus of $2.5M with revenue exceeding expenses, has a debt-to-asset ratio of 53.5% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Tr 16 Market Square Corp's revenue has declined at a compound annual growth rate (CAGR) of -8.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-2.5%-27.6%
2022-13.1%-4.0%
2021-27.1%-0.1%
2020-2.2%+13.9%
2019+18.5%+8.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Tr 16 Market Square Corp's financial health appears stable with substantial assets, currently reported at $74,295,007. However, a significant red flag is the consistent reporting of $0 in expenses across all available filings from 2014 to 2023. This lack of expense reporting makes it impossible to assess spending efficiency or program effectiveness, raising serious concerns about the transparency and completeness of their financial disclosures. While revenue has fluctuated, with the latest reported at $8,621,444, the absence of expense data prevents any meaningful analysis of how these funds are being utilized or what percentage is dedicated to their stated mission. The organization also consistently reports 0% officer compensation, which, while positive for donor perception, further highlights the data gaps regarding operational costs. The organization's asset base has seen some fluctuation, peaking around $119 million in 2020-2021 before declining to $83 million in 2023 and then $74 million in the latest filing. The consistent reporting of liabilities, often in the range of $43-44 million, suggests a stable debt structure relative to their assets. However, without expense details, it's impossible to determine if the organization is operating sustainably or effectively managing its resources. The NTEE code S470 (Community Development Corporations) suggests a mission that would typically involve significant program expenditures, making the $0 expense reporting particularly perplexing and detrimental to financial analysis.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tr 16 Market Square Corp with a Mission Score of 10 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.

Spending Breakdown

  • admin: 0%
  • programs: 0%
  • fundraising: 0%

According to IRS 990 filings, Tr 16 Market Square Corp allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$2.5MTotal Revenue
$83.1MTotal Assets
$44.5MTotal Liabilities
$38.7MNet Assets
  • Debt-to-asset ratio: 53.5%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, which is unusual for an organization with assets exceeding $74 million and annual revenues in the millions. While this could indicate a fully volunteer-led executive team, the absence of any reported expenses makes it impossible to verify or understand the operational structure.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Tr 16 Market Square Corp's IRS 990 filings:

  • Consistent reporting of $0 expenses across all IRS 990 filings (2014-2023), making financial analysis impossible.
  • Lack of transparency regarding how millions in revenue and substantial assets are being used.
  • Inability to assess program efficiency or impact due to missing expense data.
  • Unusual financial reporting for an organization of its size and NTEE code (Community Development Corporations).

Strengths

The following positive indicators were identified for Tr 16 Market Square Corp:

  • Substantial asset base, with latest reported assets at $74,295,007.
  • Consistent reporting of 0% officer compensation, indicating no direct salary payments to officers from the organization's reported funds.

Frequently Asked Questions about Tr 16 Market Square Corp

Is Tr 16 Market Square Corp a legitimate charity?

Tr 16 Market Square Corp (EIN: 202843456) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 10/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.6M. 4 red flags identified. 2 strengths noted. Financial health grade: B.

How does Tr 16 Market Square Corp spend its money?

Tr 16 Market Square Corp reported $8.6M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.

Are donations to Tr 16 Market Square Corp tax-deductible?

Tr 16 Market Square Corp is registered as a tax-exempt nonprofit (EIN: 202843456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Tr 16 Market Square Corp CEO make?

Tr 16 Market Square Corp's highest-compensated officer earns $74 annually. The organization reported $8.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Tr 16 Market Square Corp compare to similar nonprofits?

With a transparency score of 10/100 (Very Poor), Tr 16 Market Square Corp is below average for NTEE category S470 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Tr 16 Market Square Corp located?

Tr 16 Market Square Corp is headquartered in Chicago, Illinois and files with the IRS under EIN 202843456. It is classified under NTEE code S470.

How many years of IRS 990 filings does Tr 16 Market Square Corp have?

Tr 16 Market Square Corp has 13 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 $8.6M in total revenue.

Why does Tr 16 Market Square Corp consistently report $0 in expenses across all its IRS 990 filings?

The IRS 990 filings for Tr 16 Market Square Corp from 2014 to 2023 consistently show $0 in expenses. This is a critical data gap that prevents any assessment of how the organization is spending its revenue or what percentage is dedicated to its programs, administration, or fundraising.

Is Tr 16 Market Square Corp a good charity?

Based on the available IRS 990 data, it is impossible to determine if Tr 16 Market Square Corp is a good charity. The consistent reporting of $0 expenses means there is no information on program spending, efficiency, or operational costs, which are fundamental metrics for evaluating a nonprofit.

How does Tr 16 Market Square Corp utilize its significant assets and revenue?

With assets of $74,295,007 and latest revenue of $8,621,444, the organization has substantial financial resources. However, the IRS 990 filings do not provide any details on how these funds are utilized, as all expense categories are reported as $0.

Filing History

IRS 990 filing history for Tr 16 Market Square Corp showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Tr 16 Market Square Corp's revenue has declined by 64.3%, moving from $7.1M to $2.5M. Total assets increased by 48.6% over the same period, from $55.9M to $83.1M. Total functional expenses fell by 100%, from $6.7M to $0. The organization holds $44.5M in liabilities against $83.1M in assets (debt-to-asset ratio: 53.5%), resulting in net assets of $38.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.5M $0 $83.1M $44.5M View 990
2022 $2.6M $0 $114.8M $44.3M View 990
2021 $3.0M $0 $119.6M $44.7M View 990
2020 $4.1M $0 $119.7M $44.2M View 990
2019 $4.2M $0 $105.1M $43.8M View 990
2018 $3.5M $0 $96.7M $43.9M View 990
2017 $3.6M $0 $95.5M $43.9M View 990
2016 $2.3M $0 $90.8M $43.7M View 990
2015 $2.4M $0 $87.9M $29.8M View 990
2014 $2.3M $0 $84.8M $31.8M View 990
2013 $1.5M $0 $79.2M $32.5M View 990
2012 $6.9M $6.4M $56.0M $33.8M View 990
2011 $7.1M $6.7M $55.9M $35.2M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.5M, expenses of $0, and assets of $83.1M (revenue -2.5% year-over-year).
  • 2022: Revenue of $2.6M, expenses of $0, and assets of $114.8M (revenue -13.1% year-over-year).
  • 2021: Revenue of $3.0M, expenses of $0, and assets of $119.6M (revenue -27.1% year-over-year).
  • 2020: Revenue of $4.1M, expenses of $0, and assets of $119.7M (revenue -2.2% year-over-year).
  • 2019: Revenue of $4.2M, expenses of $0, and assets of $105.1M (revenue +18.5% year-over-year).
  • 2018: Revenue of $3.5M, expenses of $0, and assets of $96.7M (revenue -2.0% year-over-year).
  • 2017: Revenue of $3.6M, expenses of $0, and assets of $95.5M (revenue +53.1% year-over-year).
  • 2016: Revenue of $2.3M, expenses of $0, and assets of $90.8M (revenue -2.4% year-over-year).
  • 2015: Revenue of $2.4M, expenses of $0, and assets of $87.9M (revenue +5.3% year-over-year).
  • 2014: Revenue of $2.3M, expenses of $0, and assets of $84.8M (revenue +53.2% year-over-year).
  • 2013: Revenue of $1.5M, expenses of $0, and assets of $79.2M (revenue -78.4% year-over-year).
  • 2012: Revenue of $6.9M, expenses of $6.4M, and assets of $56.0M (revenue -2.2% year-over-year).
  • 2011: Revenue of $7.1M, expenses of $6.7M, and assets of $55.9M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Tr 16 Market Square Corp:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Tr 16 Market Square Corp 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.

Other Nonprofits in Illinois

Explore more nonprofits based in Illinois with AI-powered transparency reports.

1. Shorefront

Evanston · $925K revenue · Score: 75/100

View all Illinois nonprofits →

Similar Organizations (NTEE S470)

Other nonprofits classified under NTEE code S470.

View all S470 nonprofits →

Explore Related Nonprofits

Browse by State