Civic Intelligence

Chicago Football Classic Inc

EIN 20-8928494 • 501(c)4 • Chicago, IL

Profile

O organize and promote college football games & provide education scholarships

41 West 84th StreetChicago, IL 60620

www.chicagofootballclassic.biz

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

26.31x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

1.83x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Net Margin

3rd percentile

-139%

Higher net margin than 3% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • $500k-$1M nonprofits • Source year 2024

Asset Growth

4th percentile

-53%

Faster asset growth than 4% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-55%

Faster revenue growth than 5% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$41,563

Down $46,735 (-53%) from 2023

Liabilities

Up

$1,093,482

Up $782,797 (+252%) from 2023

Net Assets

Down

-$1,051,919

Down $829,532 (-373%) from 2023

Operations
Liabilities / Revenue93rd percentileNet Margin3rd percentile

Revenue

Down

$595,916

Down $722,032 (-55%) from 2023

Expenses

Down

$1,425,448

Down $319,153 (-18%) from 2023

Net Income

Down

-$829,532

Down $402,879 (-94%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth4th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $149,067Liabilities 2011: $404,168Net Assets 2011: -$255,1012011Assets 2012: $245,738Liabilities 2012: $443,438Net Assets 2012: -$197,7002012Assets 2013: $236,135Liabilities 2013: $458,116Net Assets 2013: -$221,9812013Assets 2014: $163,997Liabilities 2014: $318,430Net Assets 2014: -$154,4332014Assets 2015: $58,556Liabilities 2015: $144,351Net Assets 2015: -$85,7952015Assets 2016: $85,414Liabilities 2016: $156,984Net Assets 2016: -$71,5702016Assets 2017: $147,145Liabilities 2017: $246,061Net Assets 2017: -$98,9162017Assets 2018: $115,336Liabilities 2018: $102,149Net Assets 2018: $13,1872018Assets 2019: $151,795Liabilities 2019: $104,915Net Assets 2019: $46,8802019Assets 2020: $246,370Liabilities 2020: $108,777Net Assets 2020: $137,5932020Assets 2021: $210,409Liabilities 2021: $100,000Net Assets 2021: $110,4092021Assets 2022: $305,266Liabilities 2022: $101,000Net Assets 2022: $204,2662022Assets 2023: $88,298Liabilities 2023: $310,685Net Assets 2023: -$222,3872023Assets 2024: $41,563Liabilities 2024: $1,093,482Net Assets 2024: -$1,051,9192024

Highlighted filing

2024

Assets$41,563
Liabilities$1,093,482
Net Assets-$1,051,919
Open 2024 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,035,9012011Expenses 2012: $875,7702012Revenue 2013: $811,174Expenses 2013: $835,455Net Income 2013: -$24,2812013Revenue 2014: $973,650Expenses 2014: $906,102Net Income 2014: $67,5482014Revenue 2015: $856,435Expenses 2015: $787,797Net Income 2015: $68,6382015Revenue 2016: $796,836Expenses 2016: $782,611Net Income 2016: $14,2252016Revenue 2017: $992,833Expenses 2017: $1,020,179Net Income 2017: -$27,3462017Revenue 2018: $545,462Expenses 2018: $433,359Net Income 2018: $112,1032018Revenue 2019: $1,075,284Expenses 2019: $1,041,591Net Income 2019: $33,6932019Revenue 2020: $181,849Expenses 2020: $91,136Net Income 2020: $90,7132020Revenue 2021: $71,114Expenses 2021: $98,298Net Income 2021: -$27,1842021Revenue 2022: $292,841Expenses 2022: $198,984Net Income 2022: $93,8572022Revenue 2023: $1,317,948Expenses 2023: $1,744,601Net Income 2023: -$426,6532023Revenue 2024: $595,916Expenses 2024: $1,425,448Net Income 2024: -$829,5322024

Highlighted filing

2024

Revenue$595,916
Expenses$1,425,448
Net Income-$829,532
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,563
Liabilities
$1,093,482
Net assets
-$1,051,919
Revenue
$595,916
Expenses
$1,425,448
Net income
-$829,532
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.04$1.09$1.05$0.60$1.43$0.83
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.31$0.22$1.32$1.74$0.43
2022Detailed filing. Detailed filing data is available for this year.$0.31$0.10$0.20$0.29$0.20$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.21$0.10$0.11$0.07$0.10$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.25$0.11$0.14$0.18$0.09$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.15$0.10$0.05$1.08$1.04$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.12$0.10$0.01$0.55$0.43$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.15$0.25$0.10$0.99$1.02$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.09$0.16$0.07$0.80$0.78$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.14$0.09$0.86$0.79$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.32$0.15$0.97$0.91$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.24$0.46$0.22$0.81$0.84$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.44$0.20$0.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.40$0.26$1.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$595,916
Mission and Program Overview

Mission

To organize and promote college football games & provide education scholarships

To organize and promote college football game each year for two historically black collegesand recruiting in the city of chicago

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$62,650$41,563▼ $21,087
Accounts Receivable$25,000--
Prepaid Expenses and Deferred Charges$648--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-222,387$-1,051,919▼ $829,532
Total Assets$88,298$41,563▼ $46,735
Liabilities
Accounts Payable and Accrued Expenses$310,685$1,093,482▲ $782,797
Total Liabilities$310,685$1,093,482▲ $782,797
Net Assets / Fund Balance
Total Net Assets Fund Balance$-222,387$-1,051,919▼ $829,532
Total Liabilities and Net Assets / Fund Balance$88,298$41,563▼ $46,735
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Everett G RandPresident
Larry HugginsVice President
William GarthOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$595,853
Investment Income
$63
Other Revenue
$0
Change in Net Assets
$-829,532
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,425,448
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$354,407--$354,407
Advertising$194,426--$194,426
Other Expenses$98,629--$98,629
All Other Expenses$70,092--$70,092
Fees for Services Accounting$24,326--$24,326
Insurance$21,592--$21,592
Office Expenses$1,174--$1,174
Total Functional Expenses$1,425,448$0$0$1,425,448
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“REVIEWED BY PRESIDENT”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Everett g rand - 41 west 84th street, chicago, il 60620. Larry huggins - 300 east 18th street, chicago, il 60616. William garth - 41 west 84th street, chicago, il 60620.”

Filing and Contact Details

Filer

Filer Name
Chicago Football Classic Inc
EIN
20-8928494
Phone
7738748000
Address
41 WEST 84TH STREET, CHICAGO, IL 60620

Signing Officer

Name
Everett G Rand
Title
President
Phone
7738748000
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Everett G Rand
Formed
2007
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
George Korbakes & Co Llp
Address
940 S FRONTAGE ROAD, WOODRIDGE, IL 60517
Preparer
George P Korbakes
Phone
6309854800
Raw XML Appendix294 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EVERETT G RAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07738748000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHICAGO FOOTBALL CLASSIC INC
ReturnHeader/Filer/BusinessNameControlTxt0CHIC
ReturnHeader/Filer/EIN0208928494
ReturnHeader/Filer/PhoneNum07738748000
ReturnHeader/Filer/USAddress/AddressLine1Txt041 WEST 84TH STREET
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060620
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363861468
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GEORGE KORBAKES & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0940 S FRONTAGE ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODRIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060517
ReturnHeader/PreparerPersonGrp/PhoneNum06309854800
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE P KORBAKES
ReturnHeader/ReturnTs02025-11-14T14:15:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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