THE CHADE FOUNDATION INC

EIN: 262547986 501(c)(3) Human Services

NILES, IL

Total Revenue
N/A
Total Expenses
$11
Total Assets
$791,917
Net Assets
$791,917
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
IL
Principal Officer
TAMIN T KIM
Phone
8479725558
Tax Period
2023-01-01 to 2023-12-31

THE CHADE FOUNDATION INC, founded in 2009, is a micro nonprofit in the Human Services sector that reported $53K in total revenue in fiscal year 2018. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $121K exceeded revenue, resulting in a 130% operating deficit.

Mission

GENERAL NON-PROFIT ORGANIZATION PROVIDING SCHOLARSHIPS AND GRANTS TO INDIGENT YOUTHS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $11
TOTAL EXPENSES $11

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses $11 $5,011 -1.0%
Net Income N/A $-5,011 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONG KOO KIM DIRECTOR 20.00
Director
$0 $0 $0
MYUNGHEE KIM DIRECTOR 20.00
Director
$0 $0 $0
TARA TABIE KIM DIRECTOR 20.00
Director
$0 $0 $0
TAMIN T KIM PRESIDENT 20.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 No data $11 $791,917 No data
2022 No data $5,011 $791,928 No data
2021 $800,000 $25,011 $796,939 $774,989
2020 $-14,300 $7,237 $21,950 $-21,537
2019 $99,700 $104,994 $43,487 $-5,294
2018 $52,600 $121,169 $48,781 $-68,569
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