Chicago Bulls Charities (EIN 363544506) - Form 990 Financial Analysis & Trantor Score

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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

1987

Legal Domicile

Principal Officer

Michael Reinsdorf

Phone

3124554000

Tax Period

2024-07-01 to 2025-06-30

Chicago Bulls Charities, founded in 1987, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.5M in total revenue in fiscal year 2017. Revenue fell 48% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $783K, a strong 53% operating margin.

Mission

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

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $597,332

Program Service Revenue $0

Investment Income $139,198

Other Revenue $496,239

TOTAL REVENUE $1,232,769

Expense Breakdown

Grants Paid $1,288,941

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,288,941

Other Expenses $76,940

TOTAL EXPENSES $1,365,881

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,232,769	$1,512,644	-0.2%
Expenses	$1,365,881	$918,690	+0.5%
Net Income	$-133,112	$593,954	-1.2%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

1810

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Paxson	Director	1.00	Director	$0	$0	$0
Michael Reinsdorf	Director	1.00	Director	$0	$0	$0
Ram Padmanabhan	Director	1.00	Officer Director	$0	$0	$0
Adrienne Scherenzel	Executive Director	1.00	Officer	$0	$0	$0
Andrew Herrington-Gilmore	Secretary	1.00	Officer	$0	$0	$0
Kieran Kelliher	Treasurer	1.00	Officer	$0	$0	$0
Nancy Reinsdorf	President	1.00	Officer	$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
2025	$1,232,769	$1,365,881	$4,088,085	$-133,112
2024	$1,512,644	$918,690	$3,984,244	$593,954
2023	$2,061,078	$14,773,155	$3,759,028	$-12,712,077
2022	$1,784,035	$1,968,690	$4,418,527	$-184,655
2021	$254,680	$1,299,594	$3,919,718	$-1,044,914
2020	$1,006,332	$1,121,479	$4,974,111	$-115,147
2019	$1,079,962	$885,990	$5,562,891	$193,972
2018	$1,482,595	$699,829	$10,452,454	$782,766

Chicago Bulls Charities