Xpx Chicago Inc
Nonprofit profile at a glance
- EIN
- 814960178
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024
- Location
- Oak Brook, IL, USA
- Phone
- 7083861433
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $45,569
- Expenses
- $38,809
- Assets
- $74,590
- Liabilities
- $9,939
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- LAURA LISS (PRESIDENT)
People named in this filing
- MIKE AZZARO (BOARD MEMBER)
- JAMES ROBBS (TREASURER)
- MARKUS MAY (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A professional organization that provides interdisciplinary education and networking opportunities for advisors, consultants, educators, and researchers who are focused on preparing business owners for the successful exit of their businesses.
What it reported doing in 2024
Provide a variety of social and monthly networking programs designed to increase participatory involvement and ability to share expertise around corporate growth and exit issues.
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 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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 47
- Transparency & Controls: 82
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 45.2%; rating input score 45
- Program expense ratio: 49.9%; rating input score 50
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 14.8%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 1.92; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 24.5% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 1.2% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 16.5% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 45.2% of revenue deployed · 49.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $19K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 7 filing years from 2017 to 2024
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.