2722 S King Drive LLC
501(c)(2)Community
Only null% goes to programs Strong reserves Growing revenue
2722 S King Drive LLC is a 501(c)(2) organization based in Chicago, Illinois, registered in 2019, with $360,000 in FY2025 revenue. CharityIndex grades it F.
2722 S Dr Martin Luther King Jr, Chicago, IL, 60616 EIN 61-1901542 Since 2019
Revenue (FY2025)
$360K
▲ 10.8% vs prior year
Community median: $184K
Expenses (FY2025)
$965K
Net assets
$21.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 2722 S King Drive LLC— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating261 mo reserves · -168% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 2722 S King Drive LLC: 261 mo reserves · -168% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 2722 S King Drive LLC— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 2722 S King Drive LLC: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2722 S Dr Martin Luther King Jr, Chicago, IL, 60616
- City
- Chicago
- State
- Illinois
- Subcategory
- Business & Industry Associations
Financial trends
Revenue declined from $3.6M (FY2019) to $360K (FY2025) across 7 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $354KNet assets $21.0M
Operating margin
-168.0%
Spent more than it raised in the latest fiscal year.
Total assets
$21.3M
Total liabilities
$354K
Net assets
$21.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $360,000▲10.8% | $964,930▼1.8% | $20,972,071▼2.8% | $21,326,071▼2.8% | 990 |
| 2024 | $325,000▲7.4% | $982,553▲2.7% | $21,577,001▼3.0% | $21,931,001▼2.8% | 990 |
| 2023 | $302,499▲0.8% | $957,098▲0.3% | $22,234,554▼2.9% | $22,571,554▼2.8% | 990 |
| 2022 | $300,000▼86.6% | $953,963▼5.8% | $22,889,153▼2.8% | $23,219,153▼2.7% | 990 |
| 2021 | $2,241,125▼42.5% | $1,013,055▲15.8% | $23,543,116▲5.5% | $23,871,116▼3.0% | 990 |
| 2020 | $3,900,000▲9.4% | $874,631▼16.9% | $22,315,046▲15.7% | $24,611,131▼2.5% | 990 |
| 2019 | $3,564,645 | $1,052,644 | $19,289,677 | $25,254,357 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is 2722 S King Drive LLC a legitimate nonprofit?
- Yes. 2722 S King Drive LLC is a 501(c)(2) organization registered with the U.S. Internal Revenue Service under EIN 61-1901542, based in Chicago, Illinois.
- What is 2722 S King Drive LLC's EIN?
- 2722 S King Drive LLC's Employer Identification Number (EIN) is 61-1901542.
- How much revenue does 2722 S King Drive LLC report?
- 2722 S King Drive LLC reported $360,000 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does 2722 S King Drive LLC have?
- CharityIndex grades 2722 S King Drive LLC F, based on financial health (reserves and operating margin).
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Data for 2722 S King Drive LLC (EIN 61-1901542) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.