CHICAGO MAHOGANY FOUNDATION

EIN: 874708164 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$256,775
Total Expenses
$180,814
Total Assets
$203,512
Net Assets
N/A
🔒

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
2022
Legal Domicile
IL
Principal Officer
Garry Clark
Phone
8154098671
Tax Period
2025-01-01 to 2025-12-31

CHICAGO MAHOGANY FOUNDATION, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $257K in total revenue in fiscal year 2025. The organization ran a surplus of $76K, a strong 30% operating margin.

Mission

History Tourism and Educational Services.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $256,775
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $256,775

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $168,377
Other Expenses $180,814
TOTAL EXPENSES $180,814

Year-over-Year Comparison

2025 2024 Change
Revenue $256,775 $268,254 0.0%
Expenses $180,814 $296,409 -0.4%
Net Income $75,961 $-28,155 -3.7%
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
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
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Garry Clark President 40.00
Director
$0 $0 $0
Shermann Thomas Officer 40.00
Officer
$0 $0 $0
Demond Andrews Officer 40.00
Officer
$0 $0 $0
Larry Childs Officer 40.00
Officer
$0 $0 $0
Stanley Williams Officer 40.00
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 $256,775 $180,814 $203,512 $75,961
2024 $268,254 $296,409 $182,999 $-28,155
2023 $369,108 $358,426 $435,851 $10,682
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

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