Major Adams Community Committee

EIN: 364600181 501(c)(3) Education

Chicago, IL

Total Revenue
$1,359,995
Total Expenses
$1,298,885
Total Assets
$115,743
Net Assets
$115,743
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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
2006
Legal Domicile
IL
Phone
3124216903
Tax Period
2023-01-01 to 2023-12-31

Major Adams Community Committee, founded in 2006, is a small nonprofit in the Education sector that reported $424K in total revenue in fiscal year 2018. Revenue surged 37% from the prior year, signaling strong growth momentum.

Mission

To empower families and communities

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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 $1,359,995
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,359,995

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,128,973
Fundraising Expenses $0
Other Expenses $169,912
TOTAL EXPENSES $1,298,885

Year-over-Year Comparison

2023 2022 Change
Revenue $1,359,995 $741,991 +0.8%
Expenses $1,298,885 $737,832 +0.8%
Net Income $61,110 $4,159 +13.7%
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
7
Independent Members
3
Employees
37
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth Butler President 040.00
Officer Director Highest
$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
2023 $1,359,995 $1,298,885 $115,743 $61,110
2022 $741,991 $737,832 $54,633 $4,159
2021 $651,190 $600,716 $50,474 $50,474
2020 $291,575 $307,314 $14,871 $-15,739
2019 $336,701 $317,201 $30,610 $19,500
2018 $424,184 $413,074 $41,565 $11,110
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