CA2016 LOCAL ORGANIZING COMMITTEE LLC

EIN: 472294282 501(c)(3)

CHICAGO, IL

Total Revenue
$1,905
Total Expenses
$1,458,216
Total Assets
N/A
Net Assets
N/A
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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
2014
Legal Domicile
DE
Principal Officer
PINKY RAINA
Phone
8778295500
Tax Period
2021-01-01 to 2021-12-31

CA2016 LOCAL ORGANIZING COMMITTEE LLC, founded in 2014, is a micro nonprofit that reported $2K in total revenue in fiscal year 2021. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 76447% operating deficit.

Mission

THE CA2016 LOCAL ORGANIZING COMMITTEE LLC (THE "COMMITTEE") HAS BEEN ESTABLISHED FOR THE EXEMPT PURPOSE OF FOSTERING INTERNATIONAL AMATEUR SPORTS COMPETITION, AND IS ORGANIZED AND OPERATED PRIMARILY TO CONDUCT SUCH COMPETITION. THE COMMITTEE'S ACTIVITIES WILL BE DIRECTED TOWARDS HOSTING, ORGANIZING, STAGING, AND PROMOTING THE COPA AMERICA CENTENARIO 2016 SOCCER TOURNAMENT IN THE UNITED STATES.

Program Service Accomplishments

Program 1
Expenses: $1,050,348

ACTIVITIES HAVE CEASED AFTER HOSTING THE COPA AMERICA CENTENARIO 2016 INTERNATIONAL SOCCER TOURNAMENT. OPERATIONS ARE CURRENTLY CLOSED, AS OF 12/29/2021.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,905
Other Revenue $0
TOTAL REVENUE $1,905

Expense Breakdown

Grants Paid $1,050,348
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,050,348
Other Expenses $407,868
TOTAL EXPENSES $1,458,216

Year-over-Year Comparison

2021 2020 Change
Revenue $1,905 $7,270 -0.7%
Expenses $1,458,216 $19,826 +72.6%
Net Income $-1,456,311 $-12,556 +115.0%
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
N/A
Independent Members
N/A
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
$270,660
Total Directors
5
$270,660
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL FLYNN VICE CHAIR & TREAS (THRU 12/2021) 1.00
Officer Director
$0 $18,774 $270,660
SUNIL GULATI CHAIRMAN (THRU 12/2021) 1.00
Officer Director
$0 $0 $0
CARLOS CORDEIRO DIRECTOR (THRU 12/2021) 1.00
Director
$0 $0 $0
FABIAN NUNEZ DIRECTOR (THRU 12/2021) 1.00
Director
$0 $0 $0
DONNA SHALALA DIRECTOR (THRU 12/2021) 1.00
Director
$0 $0 $0
JOSEPH BERHALTER FORMER CEO 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
2021 $1,905 $1,458,216 No data $-1,456,311
2020 $7,270 $19,826 $2,086,569 $-12,556
2019 $24,910 $75,421 $2,099,125 $-50,511
2018 $4,294,519 $2,832,115 $2,149,635 $1,462,404
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