Supply Chain Innovation Network of Chicago Inc
Nonprofit profile at a glance
- EIN
- 464258356
- IRS 990-EZ coverage
- 2015–2015
- Forms available
- Form 990-EZ 2015
- Location
- Chicago, IL, USA
- Phone
- 2484957875
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Urban, Community Economic Development
Reported finances
- Revenue
- $110,000
- Expenses
- $132,413
- Assets
- $29,295
- Liabilities
- $277
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- DOUGLAS WAGGONER (CHAIRMAN)
- JIM BLACKMON (VICE CHAIRMAN)
- ROBERT NATHAN (SECRETARY)
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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Supply chain innovation network of chicago (sinc) will leverage public policy, collaboration, awareness building, and business programs to make metropolitan chicago (1) the supply chain epicenter of the united states and globally, (2) a national leader in goods movement, logistics innovation, and advanced manufacturing, and (3) a hub where supply-chain businesses will exceed national growth rates.
What it reported doing in 2015
Sinc began work on their workforce development initiative during 2015. This initiative focuses on researching and addressing the critical labor and skill shortages that are negatively impacting transportation, distribution, and logistics companies in metropolitan chicago.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 91% 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 23
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 84.7%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -20.4%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 84.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $112K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 6/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.