Boma-chicago Foundation
Only null% goes to programs Strong reserves Growing revenue
Boma-chicago Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 2008, with $203,086 in FY2024 revenue. CharityIndex grades it C+.
190 S Lasalle St 2500, Chicago, IL, 60603 EIN 83-0514516 Since 2008
Revenue (FY2024)
$203K
▲ 11.8% vs prior year
Education median: $200K
Expenses (FY2024)
$123K
Net assets
$574K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Boma-chicago Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating56 mo reserves · +39% 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 Boma-chicago Foundation: 56 mo reserves · +39% margin earns a A 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 Boma-chicago Foundation— 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 Boma-chicago Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 190 S Lasalle St 2500, Chicago, IL, 60603
- City
- Chicago
- State
- Illinois
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $9,955 (FY2012) to $203K (FY2024) across 13 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $12KNet assets $574K
Operating margin
39.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$586K
Total liabilities
$12K
Net assets
$574K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $203,086▲11.8% | $123,099▲17.9% | $574,400▲16.2% | $585,964▲17.3% | 990 |
| 2023 | $181,601▲10.4% | $104,410▲69.4% | $494,413▲18.5% | $499,435▲19.1% | 990 |
| 2022 | $164,497▲71.2% | $61,633▼5.8% | $417,222▲32.7% | $419,233▲30.4% | 990 |
| 2021 | $96,094▲19.5% | $65,447▼3.4% | $314,358▲10.8% | $321,493▲13.3% | 990EZ |
| 2020 | $80,411▼20.7% | $67,770▼22.8% | $283,711▲4.7% | $283,711▲4.7% | 990EZ |
| 2019 | $101,382▲21.4% | $87,761▲12.9% | $271,070▲5.3% | $271,070▲5.2% | 990EZ |
| 2018 | $83,518▲18.6% | $77,763▲8.6% | $257,449▲2.3% | $257,584▼10.9% | 990EZ |
| 2017 | $70,418▲9.8% | $71,601▲51.4% | $251,694▼0.5% | $288,948▲14.3% | 990EZ |
| 2016 | $64,133▲17.8% | $47,283▲2.5% | $252,877▲7.1% | $252,877▲7.1% | 990EZ |
| 2015 | $54,446▲15.3% | $46,125▲52.8% | $236,027▲3.7% | $236,027▲3.7% | 990EZ |
| 2014 | $47,226▲6.6% | $30,192▲17.9% | $227,706▲8.1% | $227,706▲8.0% | 990EZ |
| 2013 | $44,292▲345% | $25,618▲197% | $210,672▲9.7% | $210,872▲9.8% | 990EZ |
| 2012 | $9,955 | $8,637 | $191,998 | $191,998 | 990EZ |
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.
Similar organizations in Education
Education
Srcc Scholarship Fund
Northfield, IL
$203K
Bannual revenue
- Education
Bookwallah Organization
Chicago, IL
$204K
C+annual revenue
- Education
St Charles North High School Boosters Club
Saint Charles, IL
$204K
C+annual revenue
Education
The Washington Irving PTO of Oak Park
Oak Park, IL
$205K
Bannual revenue
Education
Big Barn Preschool
Schaumburg, IL
$205K
C+annual revenue
Education
Seneca Foundation Inc
Deerfield, IL
$205K
Dannual revenue
Education
Infinity Foundation
Highland Park, IL
$201K
Bannual revenue
Education
Friends of Blaine
Chicago, IL
$206K
Bannual revenue
- Education
Saints Foundation of Shawnee Community College
Ullin, IL
$200K
C+annual revenue
Education
Skokie Community Foundation
Skokie, IL
$206K
Bannual revenue
Compare Boma-chicago Foundation
Frequently asked questions
- Is Boma-chicago Foundation a legitimate nonprofit?
- Yes. Boma-chicago Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-0514516, based in Chicago, Illinois. Donations are tax-deductible.
- What is Boma-chicago Foundation's EIN?
- Boma-chicago Foundation's Employer Identification Number (EIN) is 83-0514516.
- How much revenue does Boma-chicago Foundation report?
- Boma-chicago Foundation reported $203,086 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Boma-chicago Foundation have?
- CharityIndex grades Boma-chicago Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Chicago
Explore more
Data for Boma-chicago Foundation (EIN 83-0514516) 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.