CHOOSE CHICAGO FOUNDATION

EIN: 454847768 501(c)(3) Community Improvement

CHICAGO, IL

Total Revenue
$8,093,782
Total Expenses
$209,719
Total Assets
$8,510,181
Net Assets
$8,509,971
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
IL
Principal Officer
JAMES MEYER
Phone
3125678560
Tax Period
2023-01-01 to 2023-12-31

CHOOSE CHICAGO FOUNDATION, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $8.1M in total revenue in fiscal year 2023. Revenue surged 104363% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.9M, a strong 97% operating margin.

Mission

THE CHOOSE CHICAGO FOUNDATION ACCELERATES THE CIVIC, CULTURAL, AND ECONOMIC GROWTH OF CHICAGO THROUGH TRAVEL AND TOURISM INITIATIVES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,079,744
Program Service Revenue $0
Investment Income $16,278
Other Revenue $-2,240
TOTAL REVENUE $8,093,782

Expense Breakdown

Grants Paid $197,231
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $197,231
Other Expenses $12,488
TOTAL EXPENSES $209,719

Year-over-Year Comparison

2023 2022 Change
Revenue $8,093,782 $7,748 +1043.6%
Expenses $209,719 $141,552 +0.5%
Net Income $7,884,063 $-133,804 -59.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
5
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
3
$940,027
Total Directors
2
$804,485
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNN OSMOND PRESIDENT AND CEO 0.50
Officer Director
$0 $9,900 $546,065
W JAMES MEYER CFO 1.00
Officer Director
$0 $7,526 $258,420
ROSILYNN STUTTLY DIRECTOR 15.00
Officer
$0 $15,542 $135,542
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 $8,093,782 $209,719 $8,510,181 $7,884,063
2022 $7,748 $141,552 $625,943 $-133,804
2021 $2,550,000 $2,408,872 $859,781 $141,128
2020 $75,188 $32,417 $668,538 $42,771
2019 $150,411 $12,102 $651,554 $138,309
2018 $102,108 $2,632 $493,825 $99,476
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CHOOSE CHICAGO FOUNDATION with other nonprofits in Illinois and across the country.