Civic Intelligence

Chicago Bulls Charities

990 • Fiscal year 2023 • EIN 36-3544506

Jul 01, 2022 to Jun 30, 2023 • Filed on May 07, 2024

Organization Profilewww.nba.com/bulls/community/chicagobullscharities
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

67th percentile

0.19x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.35x

Higher debt load relative to revenue than 75% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

1st percentile

-617%

Higher net margin than 1% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

9th percentile

-15%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

62nd percentile

16%

Faster revenue growth than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$3,759,028

Down $659,499 (-15%) from 2022

Net Assets

Down

$3,035,245

Down $415,574 (-12%) from 2022

Liabilities

Down

$723,783

Down $243,925 (-25%) from 2022

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin1st percentile

Revenue

Up

$2,061,078

Up $277,043 (+16%) from 2022

Expenses

Up

$14,773,155

Up $12,804,465 (+650%) from 2022

Net Income

Down

-$12,712,077

Down $12,527,422 (-6784%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth9th 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

2023

Assets$3,759,028
Liabilities$723,783
Net Assets$3,035,245
Open 2023 Filing

Operations Trend

Revenue Growth62nd 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

2023

Revenue$2,061,078
Expenses$14,773,155
Net Income-$12,712,077
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 7, 2024
Return Version
2022v5.0
Gross Receipts
$2,354,363
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$2,185,502$3,216,293▲ $1,030,791
Land, Buildings, and Equipment, Net$1,336,413--
Accounts Receivable$760,000$501,308▼ $258,692
Cash and Non-Interest-Bearing Accounts$136,612$41,427▼ $95,185
Total Assets$4,418,527$3,759,028▼ $659,499
Liabilities
Grants Payable$921,980$621,323▼ $300,657
Accounts Payable and Accrued Expenses$45,728$102,460▲ $56,732
Total Liabilities$967,708$723,783▼ $243,925
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,450,819$3,035,245▼ $415,574
Total Net Assets Fund Balance$3,450,819$3,035,245▼ $415,574
Total Liabilities and Net Assets / Fund Balance$4,418,527$3,759,028▼ $659,499
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Nancy ReinsdorfPresident
John PaxsonDirector
Michael ReinsdorfDirector
Ram PadmanabhanDirector/Secretary (End 06/2023)
Adrienne Scherenzel-CurryExecutive Director
Andrew Herrington-GilmoreSecretary (Start 06/2023)
Kieran KelliherTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,497,152
Program Service Revenue
$0
Investment Income
$44,990
Other Revenue
$518,936
All Other Contributions
$1,497,152
Change in Net Assets
$-12,712,077

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,004,688
Revenue Not Reported on Financial Statements
$56,390
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$50,195
Total Revenue per Audited Statements
$2,004,688
Total Revenue per Form 990
$2,061,078
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$14,534,334
Other Expenses$238,821
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$14,534,334--$14,534,334
Depreciation Depletion-$130,149-$130,149
Fees for Services Accounting-$26,415-$26,415
Fees for Service Investment Mgmnt Fees-$6,195-$6,195
Other Expenses$50,195$85-$85
Total Functional Expenses$14,584,529$188,626$0$14,773,155

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$14,773,155
Expenses Not Reported on Financial Statements$12,352,893
Other Expense Adjustments$12,346,698
Expenses per Audited Statements$2,420,262
Total Expenses per Audited Statements$2,420,262
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
McCormick FoundationChicago, IL501(c)(3)Program support$266,667
Chicago Sports AllianceCary, NC501(c)(3)Program support$200,000
Bright Star Community Outreach CorporationChicago, IL501(c)(3)Program support$132,000
PUSH ExcelChicago, IL501(c)(3)Program support$100,000
Hugsnoslugs IncChicago, IL501(c)(3)Program support$75,000
Anti-Defamation LeagueNew York, NY501(c)(3)Program support$60,000
Don't Ever Give Up IncChicago, IL501(c)(3)Program support$25,000
Holocaust Memorial FoundationSkokie, IL501(c)(3)Program support$25,000
CHAMPS Male MentoringChicago, IL501(c)(3)Program support$15,000
Chicago CaresChicago, IL501(c)(3)Program support$15,000
Greater Chicago Food DepositoryChicago, IL501(c)(3)Program support$15,000
MAAFA Redemption Project IncChicago, IL501(c)(3)Program support$15,000
Cara CollectiveChicago, IL501(c)(3)Program support$10,000
Chicago Blackhawks FoundationChicago, IL501(c)(3)Program support$10,000
Dion's Chicago Dream-MLK Honoree grantMatteson, IL501(c)(3)Program support$10,000
Gilda's ClubChicago, IL501(c)(3)Program support$10,000
National Museum of Mexican ArtChicago, IL501(c)(3)Program support$10,000
Noble Network of Charter SchoolsChicago, IL501(c)(3)Program support$10,000
The Gray Matter Experience-MLK Honoree grantChicago, IL501(c)(3)Program support$10,000
The Healing-MLK Honoree grantAurora, IL501(c)(3)Program support$10,000
North Shore CongregationGlencoe, IL501(c)(3)Program support$5,400
Boys & Girls Clubs of Chicago Inc-501(c)(3)donation of building and land.$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$556,202
Gaming Direct Expenses$292,550
Fundraising Gross Income$256,019
Fundraising Direct Expenses$735
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
In Arena$256,019$256,019$735$255,284
Total Events$256,019$256,019$735$255,284
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 4

“Chicago Bulls Charities' governing documents were amended on 28th June, 2023 to adopt Conflict of Interest and Whistle-blower policy as policy of the Corporation.”

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 and the Board of Directors.”

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
2024-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Reinsdorf
Formed
1987
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
817

Preparer

Firm
Deloitte Tax LLP
Address
111 S Wacker Drive, Chicago, IL 60606
Preparer
William K Shumate
Phone
3124861000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Adjustment related to donation of land and building 12,296,503.”

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, including penalties and interest, would be recorded as a tax expense in the current year within miscellaneous expense in the statements of activities and changes in net assets. For the years ended June 30, 2023 and 2022, 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, 2020 through June 30, 2022.”

Part XI, Line 4B - Other Adjustments:

“Black owned businesses 50,195.”

Part XII, Line 4B - Other Adjustments:

“Black owned businesses 50,195. Adjustment related to donation of land and building 12,296,503.”

Raw XML AppendixShowing 400 of 722 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/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Michael Reinsdorf
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01509800
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01744001
IRS990/PYInvestmentIncomeAmt019166
IRS990/PYOtherExpensesAmt0224689
IRS990/PYOtherRevenueAmt0255069
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-184655
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01968690
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01784035
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-12712077
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02185502
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03216293
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt01308
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0205250
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt06575
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0213133
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01497152
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01509800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0226169
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0732402
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0828649
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04794172
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt044990
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt010749
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt019508
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt052480
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt066371
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0194098
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0256019
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0147915
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0706
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0163225
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0194303
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0762168
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt044990
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010749
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt019508
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt052480
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt066371
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0194098
IRS990ScheduleA/InvestmentIncomeCYPct00.03380
IRS990ScheduleA/InvestmentIncomePYPct00.05770
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92920
IRS990ScheduleA/PublicSupportPY509Pct00.90230
IRS990ScheduleA/PublicSupportTotal509Amt05343207
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt01308
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0205250
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt06575
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0213133
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01753171
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01657715
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0226875
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0895627
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01022952
IRS990ScheduleA/Total509Grp/TotalAmt05556340
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01798161
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01668464
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0246383
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0948107
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01089323
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05750438
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt012352893
IRS990ScheduleD/ExpensesSubtotalAmt02420262
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt06195
IRS990ScheduleD/InvestmentExpensesNotIncldAmt06195
IRS990ScheduleD/OtherExpensesNotIncludedAmt012346698
IRS990ScheduleD/OtherRevenuesNotIncludedAmt050195
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt056390
IRS990ScheduleD/RevenueSubtotalAmt02004688
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, including penalties and interest, would be recorded as a tax expense in the current year within miscellaneous expense in the statements of activities and changes in net assets. For the years ended June 30, 2023 and 2022, 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, 2020 through June 30, 2022.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Black owned businesses 50,195.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Black owned businesses 50,195. Adjustment related to donation of land and building 12,296,503.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt014773155
IRS990ScheduleD/TotalRevenuePerForm990Amt02061078
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02004688
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02420262
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/DistributedAmt0263652
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0735
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0IN ARENA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0256019
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0256019
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0256019
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0256019
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0255284
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0735
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0735
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0292550
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt0556202
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0556202
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt0263652
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt0292550
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0292550
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingManagerCompensationAmt00
IRS990ScheduleG/GamingManagerPersonNm0JOSH CLARK
IRS990ScheduleG/GamingManagerServicesProvTxt0organizing raffle sellers; arranging for distribution of tickets; managing collections and deposit of sales proceeds; accounting for awards and expenses.
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingOwnFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksName/BusinessNameLine1Txt0Jovin Nadakapadam
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt01901 W Madison St
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0Chicago
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0IL
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd060612
IRS990ScheduleG/StatesWhereGamingConductedCd0IL
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0266667
IRS990ScheduleI/RecipientTable/CashGrantAmt1100000
IRS990ScheduleI/RecipientTable/CashGrantAmt215000
IRS990ScheduleI/RecipientTable/CashGrantAmt3132000
IRS990ScheduleI/RecipientTable/CashGrantAmt415000
IRS990ScheduleI/RecipientTable/CashGrantAmt525000
IRS990ScheduleI/RecipientTable/CashGrantAmt660000
IRS990ScheduleI/RecipientTable/CashGrantAmt75400
IRS990ScheduleI/RecipientTable/CashGrantAmt815000
IRS990ScheduleI/RecipientTable/CashGrantAmt915000
IRS990ScheduleI/RecipientTable/CashGrantAmt1010000
IRS990ScheduleI/RecipientTable/CashGrantAmt1110000
IRS990ScheduleI/RecipientTable/CashGrantAmt1210000
IRS990ScheduleI/RecipientTable/CashGrantAmt13200000
IRS990ScheduleI/RecipientTable/CashGrantAmt1425000
IRS990ScheduleI/RecipientTable/CashGrantAmt1575000
IRS990ScheduleI/RecipientTable/CashGrantAmt1610000
IRS990ScheduleI/RecipientTable/CashGrantAmt1710000
IRS990ScheduleI/RecipientTable/CashGrantAmt1810000
IRS990ScheduleI/RecipientTable/CashGrantAmt1910000
IRS990ScheduleI/RecipientTable/CashGrantAmt2010000
IRS990ScheduleI/RecipientTable/CashGrantAmt210
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/IRCSectionDesc8501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc15501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc16501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc17501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc18501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc19501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc20501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc21501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,759,028
Liabilities
$723,783
Net assets
$3,035,245
Revenue
$2,061,078
Expenses
$14,773,155
Net income
-$12,712,077
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