Civic Intelligence

Chicago Bulls Charities

990 • Fiscal year 2014 • EIN 36-3544506

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 17, 2014

Organization ProfileN/A
1901 W Madison Street60612

(312) 455-4000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.14x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

91st percentile

3.16x

Higher debt load relative to revenue than 91% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

95th percentile

69%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets95th percentile

Assets

$5,778,738

No earlier filing loaded for comparison.

Net Assets

-$813,724

No earlier filing loaded for comparison.

Liabilities

$6,592,462

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin95th percentile

Revenue

$2,083,245

No earlier filing loaded for comparison.

Expenses

$640,216

No earlier filing loaded for comparison.

Net Income

$1,443,029

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0-$5.0MAssets 2014: $5,778,738Liabilities 2014: $6,592,462Net Assets 2014: -$813,7242014Assets 2015: $8,197,320Liabilities 2015: $6,142,173Net Assets 2015: $2,055,1472015Assets 2016: $8,610,901Liabilities 2016: $5,714,258Net Assets 2016: $2,896,6432016Assets 2017: $10,332,439Liabilities 2017: $6,401,291Net Assets 2017: $3,931,1482017Assets 2018: $10,452,454Liabilities 2018: $5,837,748Net Assets 2018: $4,614,7062018Assets 2019: $5,562,891Liabilities 2019: $742,848Net Assets 2019: $4,820,0432019Assets 2020: $4,974,111Liabilities 2020: $273,673Net Assets 2020: $4,700,4382020Assets 2021: $3,919,718Liabilities 2021: $250,229Net Assets 2021: $3,669,4892021Assets 2022: $4,418,527Liabilities 2022: $967,708Net Assets 2022: $3,450,8192022Assets 2023: $3,759,028Liabilities 2023: $723,783Net Assets 2023: $3,035,2452023Assets 2024: $3,984,244Liabilities 2024: $355,046Net Assets 2024: $3,629,1982024Assets 2025: $4,088,085Liabilities 2025: $591,999Net Assets 2025: $3,496,0862025

Highlighted filing

2014

Assets$5,778,738
Liabilities$6,592,462
Net Assets-$813,724
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10M-$20MRevenue 2014: $2,083,245Expenses 2014: $640,216Net Income 2014: $1,443,0292014Revenue 2015: $3,439,695Expenses 2015: $529,276Net Income 2015: $2,910,4192015Revenue 2016: $1,435,984Expenses 2016: $643,219Net Income 2016: $792,7652016Revenue 2017: $2,855,938Expenses 2017: $1,875,599Net Income 2017: $980,3392017Revenue 2018: $1,482,595Expenses 2018: $699,829Net Income 2018: $782,7662018Revenue 2019: $1,079,962Expenses 2019: $885,990Net Income 2019: $193,9722019Revenue 2020: $1,006,332Expenses 2020: $1,121,479Net Income 2020: -$115,1472020Revenue 2021: $254,680Expenses 2021: $1,299,594Net Income 2021: -$1,044,9142021Revenue 2022: $1,784,035Expenses 2022: $1,968,690Net Income 2022: -$184,6552022Revenue 2023: $2,061,078Expenses 2023: $14,773,155Net Income 2023: -$12,712,0772023Revenue 2024: $1,512,644Expenses 2024: $918,690Net Income 2024: $593,9542024Revenue 2025: $1,232,769Expenses 2025: $1,365,881Net Income 2025: -$133,1122025

Highlighted filing

2014

Revenue$2,083,245
Expenses$640,216
Net Income$1,443,029
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 17, 2014
Return Version
2013v3.0
Gross Receipts
$2,770,250
Mission and Program Overview

Mission

Chicago Bulls charities is committed to community violence prevention through four focus areas; education, investment, health & wellness, and access to opportunities.

To make a positive impact on the lives of Chicagoans in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,363,194$2,585,836▲ $1,222,642
Land, Buildings, and Equipment, Net$2,553,466$2,420,628▼ $132,838
Cash and Non-Interest-Bearing Accounts$311,205$647,506▲ $336,301
Accounts Receivable$156,740$124,768▼ $31,972
Total Assets$4,384,605$5,778,738▲ $1,394,133
Liabilities
Tax Exempt Bond Liabilities$4,700,000$4,700,000→ $0
Grants Payable$2,020,577$1,850,830▼ $169,747
Accounts Payable and Accrued Expenses$4,775$41,632▲ $36,857
Total Liabilities$6,725,352$6,592,462▼ $132,890
Net Assets / Fund Balance
Unrestricted Net Assets$-2,340,747$-813,724▲ $1,527,023
Total Net Assets Fund Balance$-2,340,747$-813,724▲ $1,527,023
Total Liabilities and Net Assets / Fund Balance$4,384,605$5,778,738▲ $1,394,133

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,320,628$2,328,697$4,649,325
Land$100,000-$100,000
Equipment$0$72,731$72,731
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Nancy ReinsdorfPresident
Leslie FormanVice President
Irwin MandelDirector
John PaxsonDirector
John ViolaDirector
Michael ReinsdorfCEO
Susan GoodenowSecretary
Stuart BookmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,734,334
Program Service Revenue
$0
Investment Income
$3,988
Other Revenue
$344,923
All Other Contributions
$1,348,367
Change in Net Assets
$1,443,029

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,083,245
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$83,994
Total Revenue per Audited Statements
$2,167,239
Total Revenue per Form 990
$2,083,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$376,442
Other Expenses$263,774
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$376,442--$376,442
Depreciation Depletion-$130,149-$130,149
Interest-$91,776-$91,776
Fees for Services Accounting-$27,893-$27,893
Other Expenses-$3,209-$3,209
Total Functional Expenses$376,442$263,774$0$640,216

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$640,216
Total Expenses per Audited Statements$640,216
Total Expenses per Form 990$640,216
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
34-1230337-501(c)(3)This grant supports the Rainbow EXCEL Basketball League (REBL), as well as general support. REBL is an integral component of the comprehensive PUSH for Excellence sports program for youth. The initiative provides at-risk and underserved youth with a positive alternative to violence.$200,000
36-3689171-501(c)(3)This grant funds the Chicago Bulls Community Assist Fund, a McCormick Foundation Fund. The Chicago Bulls Community Assist Fund, established in 2009, is supported with major funding by Chicago Bulls Charities, which is then matched 50% by the Robert R. McCormick Foundation. Contributing to the McCormick Foundation allows Chicago Bulls Charities to maximize its giving potential, allowing it to make a bigger impact on those in need. In 2013, the Chicago Bulls Community Assist Fund awarded grants to nine (9) organizations that offer youth education and health and wellness programming, including After-School All-Stars, After School Matters, Academy for Urban School Leadership, B.U.I.L.D., City Year Chicago, La Rabida Children's Hospital, Metropolitan Family Services, Mercy Home, and Youth Guidance.$93,500
51-0619889-501(c)(3)This grant funds Bright Pink's Bright Pink University: Bulls Edition program. The program brings breast and ovarian health education to women in medically underserved communities across the Chicago region. The program uses Bright Pink's Brighten Up Educational Workshops and tailors them to meet the unique needs of women in these communities. The Bulls partner with Bright Pink throughout the year to support their events and initiatives.$15,000
36-2681212-501(c)(3)This grant supports the Big Brothers Big Sisters mentoring program, a school-based counseling, violence prevention and education enrichment program for at-risk male youth between 7th and 12th grades in Chicago Public Schools.$11,200
36-4115144-501(c)(3)This grant provides general support of the Club's program reaching underserved community members and their family and friends impacted by cancer. Gilda's Club Chicago strengthens communities' bonds by creating a supportive network for people with cancer.$10,250
36-4093845-501(c)(3)This grant provides support to Ariel Community Academy and programming for students that advances economic opportunities in economically disadvantaged areas. Their programming provides students with academic enrichment, community service opportunities, mentoring, leadership development and financial literacy.$10,000
23-7386928-501(c)(3)This grant supports programming providing educational college preparatory opportunities for underserved high school students. The program integrates mentoring, college readiness and leadership development to foster academic success.$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$566,702
Fundraising Gross Income$359,292
Gaming Direct Expenses$350,878
Fundraising Direct Expenses$251,220
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$252,569$252,569$31,253$221,316
Event 1$450,108$64,141$200,622$-136,481
Total Events$745,259$359,292$251,220$108,072
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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
Audit committee
No
Backup withholding compliance
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 A, line 2

“Michael Reinsdorf and Nancy Reinsdorf have a family relationship.”

Form 990, Part VI, Section A, line 6

“Chicago Bulls Charities has one member; Michael Reinsdorf.”

Form 990, Part VI, Section A, line 7A

“The member has the right to remove directors and appoint directors.”

Form 990, Part VI, Section A, line 8A

“Chicago Bulls Charities officers and board members meet periodically to discuss the operations of Chicago Bulls Charities.”

Form 990, Part VI, Section A, line 8B

“Chicago Bulls Charities does not have official committees.”

Form 990, Part VI, Section B, line 11

“Form 990 is prepared by an outside accounting firm and reviewed by management.”

Form 990, Part VI, Section B, line 12C

“Each director and officer is required to acknowledge on an annual basis his or her having read and understood the conflicts of interest policy and his or her compliance with the policy.”

Form 990, Part VI, Section C, line 19

“The governing documents and financial statements are on file with the Charitable Trust Division of Illinois Attorney General Office.”

Filing and Contact Details

Filer

EIN
36-3544506
Phone
3124554000

Signing Officer

Name
Kieran Kelliher
Title
Treasurer
Phone
3124554000
Signed
2014-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
1987
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
100

Preparer

Preparer
Laura J Gillespie
Phone
3124861000
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“The Corporation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Corporation evaluates tax positions taken in the course of preparing the Corporation's tax returns to determine whether tax positions are more likely than not of being sustained by the applicable tax authority. Tax benefits of positions not deemed to meet the more likely than not threshold would be recorded as a tax expense in the current year. For the years ended June 30, 2014 and 2013, the Corporation has not identified any uncertain tax positions, and no income tax expense has been recorded in the statements of activities and changes in net deficit. Open tax years under the applicable statutory limitations for federal returns of the Corporation include tax years ended December 31, 2009 through 2012.”

Raw XML AppendixShowing 400 of 537 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/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-871478
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01936572
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01065094
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01443029
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt021027
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01363194
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02585836
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt01116743
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt01116743
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01658263
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0377636
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0649884
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0968507
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0903739
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04558029
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03988
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt018355
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt064079
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt015209
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt012790
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0114421
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0497062
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0628621
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0348035
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0516117
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0695662
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02685497
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03988
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt018355
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt064079
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt015209
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt012790
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0114421
IRS990ScheduleA/InvestmentIncomeCYPct00.01560
IRS990ScheduleA/InvestmentIncomePYPct00.01750
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.83270
IRS990ScheduleA/PublicSupportPY509Pct00.98250
IRS990ScheduleA/PublicSupportTotal509Amt06126783
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt01116743
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01116743
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02155325
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01006257
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0997919
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01484624
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01599401
IRS990ScheduleA/Total509Grp/TotalAmt07243526
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02159313
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01024612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01061998
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01499833
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01612191
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07357947
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02320628
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02328697
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04649325
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt072731
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt072731
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0640216
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt083994
IRS990ScheduleD/RevenueNotReportedAmt083994
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02083245
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Corporation evaluates tax positions taken in the course of preparing the Corporation's tax returns to determine whether tax positions are more likely than not of being sustained by the applicable tax authority. Tax benefits of positions not deemed to meet the more likely than not threshold would be recorded as a tax expense in the current year. For the years ended June 30, 2014 and 2013, the Corporation has not identified any uncertain tax positions, and no income tax expense has been recorded in the statements of activities and changes in net deficit. Open tax years under the applicable statutory limitations for federal returns of the Corporation include tax years ended December 31, 2009 through 2012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02420628
IRS990ScheduleD/TotalExpensesPerForm990Amt0640216
IRS990ScheduleD/TotalRevenuePerForm990Amt02083245
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02167239
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0640216
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/DistributedAmt0215824
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0385967
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0385967
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0251220
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0450108
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0252569
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt042582
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0745259
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt064141
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0252569
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt042582
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0359292
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0Evening with The Bulls
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0In-Arena Auction
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0108072
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt019345
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0251220
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0200622
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt031253
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt0244429
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt0244429
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0350878
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt0566702
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0566702
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0215824
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt0106449
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0106449
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingManagerPersonNm0Jeff Schultz
IRS990ScheduleG/GamingManagerServicesProvTxt0Organizing volunteers; arranging for distribution of tickets; managing collections and deposit of sales proceeds; accounting for awards and expenses.
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0Kieran Kelliher
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine101901 W Madison St
IRS990ScheduleG/PersonsWithBooksUSAddress/City0Chicago
IRS990ScheduleG/PersonsWithBooksUSAddress/State0IL
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCode060612
IRS990ScheduleG/StatesWhereGamingConductedCd0IL
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt093500
IRS990ScheduleI/RecipientTable/CashGrantAmt111200
IRS990ScheduleI/RecipientTable/CashGrantAmt215000
IRS990ScheduleI/RecipientTable/CashGrantAmt3200000
IRS990ScheduleI/RecipientTable/CashGrantAmt410000
IRS990ScheduleI/RecipientTable/CashGrantAmt510000
IRS990ScheduleI/RecipientTable/CashGrantAmt610250
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0This grant funds the Chicago Bulls Community Assist Fund, a McCormick Foundation Fund. The Chicago Bulls Community Assist Fund, established in 2009, is supported with major funding by Chicago Bulls Charities, which is then matched 50% by the Robert R. McCormick Foundation. Contributing to the McCormick Foundation allows Chicago Bulls Charities to maximize its giving potential, allowing it to make a bigger impact on those in need. In 2013, the Chicago Bulls Community Assist Fund awarded grants to nine (9) organizations that offer youth education and health and wellness programming, including After-School All-Stars, After School Matters, Academy for Urban School Leadership, B.U.I.L.D., City Year Chicago, La Rabida Children's Hospital, Metropolitan Family Services, Mercy Home, and Youth Guidance.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1This grant supports the Big Brothers Big Sisters mentoring program, a school-based counseling, violence prevention and education enrichment program for at-risk male youth between 7th and 12th grades in Chicago Public Schools.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2This grant funds Bright Pink's Bright Pink University: Bulls Edition program. The program brings breast and ovarian health education to women in medically underserved communities across the Chicago region. The program uses Bright Pink's Brighten Up Educational Workshops and tailors them to meet the unique needs of women in these communities. The Bulls partner with Bright Pink throughout the year to support their events and initiatives.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3This grant supports the Rainbow EXCEL Basketball League (REBL), as well as general support. REBL is an integral component of the comprehensive PUSH for Excellence sports program for youth. The initiative provides at-risk and underserved youth with a positive alternative to violence.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4This grant provides support to Ariel Community Academy and programming for students that advances economic opportunities in economically disadvantaged areas. Their programming provides students with academic enrichment, community service opportunities, mentoring, leadership development and financial literacy.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5This grant supports programming providing educational college preparatory opportunities for underserved high school students. The program integrates mentoring, college readiness and leadership development to foster academic success.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6This grant provides general support of the Club's program reaching underserved community members and their family and friends impacted by cancer. Gilda's Club Chicago strengthens communities' bonds by creating a supportive network for people with cancer.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10McCormick Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine11Big Brothers Big Sisters of Metropolitan Chicago
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine12Bright Pink
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine13Push for Excellence
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine14Ariel Education Initiative
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine15LINK Unlimited
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine16Gilda's Club Chicago

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,778,738
Liabilities
$6,592,462
Net assets
-$813,724
Revenue
$2,083,245
Expenses
$640,216
Net income
$1,443,029
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.09$0.59$3.50$1.23$1.37$0.13
2024Detailed filing. Detailed filing data is available for this year.$3.98$0.36$3.63$1.51$0.92$0.59
2023Detailed filing. Detailed filing data is available for this year.$3.76$0.72$3.04$2.06$14.8$12.7
2022Detailed filing. Detailed filing data is available for this year.$4.42$0.97$3.45$1.78$1.97$0.18
2021Detailed filing. Detailed filing data is available for this year.$3.92$0.25$3.67$0.25$1.30$1.04
2020Detailed filing. Detailed filing data is available for this year.$4.97$0.27$4.70$1.01$1.12$0.12
2019Detailed filing. Detailed filing data is available for this year.$5.56$0.74$4.82$1.08$0.89$0.19
2018Detailed filing. Detailed filing data is available for this year.$10.5$5.84$4.61$1.48$0.70$0.78
2017Detailed filing. Detailed filing data is available for this year.$10.3$6.40$3.93$2.86$1.88$0.98
2016Detailed filing. Detailed filing data is available for this year.$8.61$5.71$2.90$1.44$0.64$0.79
2015Detailed filing. Detailed filing data is available for this year.$8.20$6.14$2.06$3.44$0.53$2.91
2014Detailed filing. Detailed filing data is available for this year.$5.78$6.59$0.81$2.08$0.64$1.44