Harvard Club of Chicago C/o Sacl

Nonprofit profile at a glance

EIN
366110239
IRS 990-EZ coverage
2019–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Dallas, TX, USA
Phone
8472561211
Rating
89
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$80,285
Expenses
$99,801
Assets
$169,208
Liabilities
$44,774

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • PHILLIP ACEVEDO (DIRECTOR AT LARGE)
  • FOTINI ANASTOPOULOS (DIRECTOR AT LARGE)
  • STEPHEN WBAIRD (SCHOOLS & SCHOLARSHIPS CO-CHAIR)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The club's primary exempt purposes are to promote the interests of harvard university in the chicago area; to interest students in the area to apply to harvard; and to promote and engage in educational and community service activities for members and the community.

What it reported doing in 2024

Additional educational events: over 10,000 harvard alumni in the greater chicago area are invited to participate in club activities spanning education, research, sports, civic subjects, health, economy, and much more. In fy2024-25 the club presented 30 events, virtually and in person. Approximately 500 people participated.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 97% 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 and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 100
  • Sustainability: 36
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.4%; rating input score 94
  • Program expense ratio: 75.8%; rating input score 76

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: -24.3%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 1.7; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 16.1% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 0.2% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: -0.3% per year; rating input score 0; 37th percentile among comparable filings

Details

  • Where the money goes: 94.4% of revenue deployed · 75.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $76K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 21/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.