Chicago Golden Gloves Charities
Legal name: Chicagoland Golden Gloves Charities Inc C/o L Steven Rakowski
Nonprofit profile at a glance
- EIN
- 363925414
- IRS 990-EZ coverage
- 2016–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Northbrook, IL, USA
- Phone
- 8472044106
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Parent/Teacher Group
Reported finances
- Revenue
- $117,561
- Expenses
- $123,343
- Assets
- $184,181
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- DR GLENN BYNUM (PRESIDENT)
People named in this filing
- DR GLENN BYNUM (PRESIDENT)
- SAM COLONNA (SECRETARY/TREASURER)
- LARRY ROESKE (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To invest in the youth of our community. Given opportunity through sport, lives can be guided and shaped, resulting in positive, productive citizens.
What it reported doing in 2025
Cggc trains boxers and organizes tournaments and exhibitions. Activities take place in chicago and surrounding suburbs as well as a national tournament.
Operating model
- Revenue model
- Donor-supported. 80% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.3%; rating input score 95
- Program expense ratio: 90.8%; rating input score 91
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -4.9%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 1.49; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 5.1% per year; rating input score 100; 45th percentile among comparable filings
- Revenue growth: 8% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 18.6% per year; rating input score 100; 76th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 95.3% of revenue deployed · 90.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $112K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2016 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 20/100.