Civic Intelligence

Chicago Bulls Charities

990 • Fiscal year 2018 • EIN 36-3544506

Jul 01, 2017 to Jun 30, 2018 • Filed on May 14, 2019

Organization ProfileN/A
1901 W Madison StreetChicago, IL 60612

(312) 455-4000

Siviq Scores

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

Liabilities / Assets

76th percentile

0.56x

Higher debt load relative to assets than 76% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

3.94x

Higher debt load relative to revenue than 92% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

47th percentile

1.2%

Faster asset growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-48%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$10,452,454

Up $120,015 (+1.2%) from 2017

Net Assets

Up

$4,614,706

Up $683,558 (+17%) from 2017

Liabilities

Down

$5,837,748

Down $563,543 (-8.8%) from 2017

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin91st percentile

Revenue

Down

$1,482,595

Down $1,373,343 (-48%) from 2017

Expenses

Down

$699,829

Down $1,175,770 (-63%) from 2017

Net Income

Down

$782,766

Down $197,573 (-20%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

2018

Assets$10,452,454
Liabilities$5,837,748
Net Assets$4,614,706
Open 2018 Filing

Operations Trend

Revenue Growth5th percentile

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

2018

Revenue$1,482,595
Expenses$699,829
Net Income$782,766
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 14, 2019
Return Version
2017v2.3
Gross Receipts
$6,430,665
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$6,318,492$8,096,955▲ $1,778,463
Land, Buildings, and Equipment, Net$1,987,158$1,857,009▼ $130,149
Accounts Receivable$1,592,264$482,819▼ $1,109,445
Cash and Non-Interest-Bearing Accounts$434,525$15,671▼ $418,854
Total Assets$10,332,439$10,452,454▲ $120,015
Liabilities
Tax Exempt Bond Liabilities$4,665,043$4,667,732▲ $2,689
Grants Payable$1,729,145$1,098,614▼ $630,531
Accounts Payable and Accrued Expenses$7,103$71,402▲ $64,299
Total Liabilities$6,401,291$5,837,748▼ $563,543
Net Assets / Fund Balance
Unrestricted Net Assets$3,931,148$4,614,706▲ $683,558
Total Net Assets Fund Balance$3,931,148$4,614,706▲ $683,558
Total Liabilities and Net Assets / Fund Balance$10,332,439$10,452,454▲ $120,015

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,757,009$2,798,201$4,555,210
Land$100,000-$100,000
Equipment$0$72,731$72,731
Other Land Buildings$0--
Leasehold Improvements$0--
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Nancy ReinsdorfPresident
Leslie FormanVice President
John PaxsonDirector
Michael ReinsdorfDirector/ CEO
Ram PadmanabhanDirector/ Secretary
Susan GoodenowExecutive Director
Kieran KelliherTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$958,020
Program Service Revenue
$0
Investment Income
$198,155
Other Revenue
$326,420
All Other Contributions
$307,030
Change in Net Assets
$782,766

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,482,595
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-99,208
Total Revenue per Audited Statements
$1,383,387
Total Revenue per Form 990
$1,482,595
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$398,500
Other Expenses$301,329
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$398,500--$398,500
Depreciation Depletion-$130,149-$130,149
Interest-$114,067-$114,067
Fees for Services Accounting-$25,781-$25,781
Fees for Service Investment Mgmnt Fees-$22,301-$22,301
Other Expenses-$267-$267
Total Functional Expenses$398,500$301,329$0$699,829

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$699,829
Total Expenses per Audited Statements$699,829
Total Expenses per Form 990$699,829
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
McCormick FoundationChicago, IL501(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 2017, the Chicago Bulls Community Assist Fund awarded grants to various organizations that offer youth education and youth health and wellness programing, including After School Matters, After-School All-Stars, Chicago Parks Foundation, Embarc, Inc. , La Rabida Children's Hospital and Research Center, Mercy Home, Posse Chicago, Ronald McDonald House Charities of Chicagoland and Northwest Indiana, Anne & Robert Lurie Children's Hospital, Breakthrough Ministries, Girls in the Game, Lawndale Community Health Center and Youth Guidance.$225,000
Operation PUSHChicago, IL501(c)(3)Provides support for the Rainbow EXCEL Basketball League$100,000
Breathe Move Rest IncBrooklyn, NY501(c)(3)Urban Yogis program helps youth choose paths towards positivity & peace$13,500
Big Brothers Big Sisters of Metropolitan ChicagoChicago, IL501(c)(3)Supports the Big Brothers Big Sisters Jordan Club-based Mentoring program$10,000
Bright Star Community OutreachChicago, IL501(c)(3)Supports The Urban Resilience Network, a trauma counseling program$10,000
Gilda's Club ChicagoChicago, IL501(c)(3)Provides general support of the Club's program$10,000
Greater Chicago Food Depositorychicago, IL501(c)(3)Provides support for childrens programs$10,000
Pilgrim Development CorporationMAAFA Redemption ProgramCHicago, IL501(c)(3)Supports Project Pick-Up, a weekly mentoring and counseling program$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$466,952
Fundraising Gross Income$281,705
Gaming Direct Expenses$244,398
Fundraising Direct Expenses$177,839
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Evening with The Bulls$549,240$77,657$19,134$58,523
Spin$207,846$30,439$10,031$20,408
Total Events$930,695$281,705$177,839$103,866
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
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 8B

“Chicago Bulls Charities does not have official committees.”

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

“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. If a conflict of interest is identified for a director or officer, that director or officer will not participate in any discussions or deliberations regarding that matter and would abstain from voting decisions on the matter for which there is a conflict of interest”

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

Filer Name
Chicago Bulls Charities
EIN
36-3544506
Phone
3124554000
Address
1901 W Madison Street, Chicago, IL 60612

Signing Officer

Name
Kieran Kelliher
Title
Treasurer
Phone
3124554000
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Reinsdorf
Formed
1987
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
322

Preparer

Firm
Deloitte Tax LLP
Address
111 S Wacker Dr, Chicago, IL 60606
Preparer
Rachel Henderson-Pennington
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, 2018 and 2017, 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 assets. Open tax years under the applicable statutory limitations for federal returns of the Corporation include tax years ended June 30 2015 through June 30, 2017.”

Raw XML AppendixShowing 400 of 582 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/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0782766
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt02000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06318492
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08096955
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt02000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt01210875
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0141828
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt02213960
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt01116743
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt04685406
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0958020
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02213915
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0838057
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02746633
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01658263
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08414888
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0159815
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0106021
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0107119
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt040665
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03988
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0417608
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0281705
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0337816
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0303190
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0461101
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0359292
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt01743104
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0159815
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0106021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0107119
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt040665
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03988
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0417608
IRS990ScheduleA/InvestmentIncomeCYPct00.03950
IRS990ScheduleA/InvestmentIncomePYPct00.02240
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt06875
IRS990ScheduleA/OtherIncome509Grp/TotalAmt06875
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.51710
IRS990ScheduleA/PublicSupportPY509Pct00.59690
IRS990ScheduleA/PublicSupportTotal509Amt05472586
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt02000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt01210875
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0141828
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt02213960
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt01116743
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt04685406
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01239725
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02551731
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01141247
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03207734
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02017555
IRS990ScheduleA/Total509Grp/TotalAmt010157992
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01399540
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02657752
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01248366
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03255274
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02021543
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt010582475
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01757009
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02798201
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04555210
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt072731
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt072731
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0699829
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-99208
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/RevenueNotReportedAmt0-99208
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01482595
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, 2018 and 2017, 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 assets. Open tax years under the applicable statutory limitations for federal returns of the Corporation include tax years ended June 30 2015 through June 30, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01857009
IRS990ScheduleD/TotalExpensesPerForm990Amt0699829
IRS990ScheduleD/TotalRevenuePerForm990Amt01482595
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01383387
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0699829
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/DistributedAmt0222554
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0648990
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0471583
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0177407
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0177839
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt058486
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt01260
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt059746
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Evening with The Bulls
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SPIN
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt07781
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt07781
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0549240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0207846
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0173609
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0930695
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt077657
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt030439
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0173609
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0281705
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0103866
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt010322
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt039487
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019134
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt010031
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt027858
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt042967
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt070825
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt0160044
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt0160044
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0244398
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt0466952
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0466952
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0222554
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt084354
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt084354
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingManagerPersonNm0Junhyun Bae
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/AddressLine1Txt01901 W Madison St
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0Chicago
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0IL
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd060612
IRS990ScheduleG/StatesWhereGamingConductedCd0IL
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0225000
IRS990ScheduleI/RecipientTable/CashGrantAmt1100000
IRS990ScheduleI/RecipientTable/CashGrantAmt213500
IRS990ScheduleI/RecipientTable/CashGrantAmt310000
IRS990ScheduleI/RecipientTable/CashGrantAmt410000
IRS990ScheduleI/RecipientTable/CashGrantAmt510000
IRS990ScheduleI/RecipientTable/CashGrantAmt610000
IRS990ScheduleI/RecipientTable/CashGrantAmt710000
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/IRCSectionDesc7501(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 2017, the Chicago Bulls Community Assist Fund awarded grants to various organizations that offer youth education and youth health and wellness programing, including After School Matters, After-School All-Stars, Chicago Parks Foundation, Embarc, Inc. , La Rabida Children's Hospital and Research Center, Mercy Home, Posse Chicago, Ronald McDonald House Charities of Chicagoland and Northwest Indiana, Anne & Robert Lurie Children's Hospital, Breakthrough Ministries, Girls in the Game, Lawndale Community Health Center and Youth Guidance.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Provides support for the Rainbow EXCEL Basketball League
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Urban Yogis program helps youth choose paths towards positivity & peace
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Provides support for childrens programs
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Supports the Big Brothers Big Sisters Jordan Club-based Mentoring program
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Provides general support of the Club's program
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Supports The Urban Resilience Network, a trauma counseling program
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7Supports Project Pick-Up, a weekly mentoring and counseling program
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0McCormick Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Operation PUSH

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,452,454
Liabilities
$5,837,748
Net assets
$4,614,706
Revenue
$1,482,595
Expenses
$699,829
Net income
$782,766
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