Chapel-lakes Area Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Chapel-lakes Area Foundation Inc is a 501(c)(3) organization based in Alsip, Illinois, registered in 1991, with $90,613 in FY2024 revenue. CharityIndex grades it F.
1 Griffith Center, Alsip, IL, 60803 EIN 39-1694901 Since 1991
Revenue (FY2024)
$91K
▼ 88.6% vs prior year
Expenses (FY2024)
$190K
Net assets
$2.3M
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 Chapel-lakes Area Foundation Inc— 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 rating144 mo reserves · -109% 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 Chapel-lakes Area Foundation Inc: 144 mo reserves · -109% 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 Chapel-lakes Area Foundation Inc— 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 Chapel-lakes Area Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $107K (FY2013) to $91K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.3M
Operating margin
-109.4%
Spent more than it raised in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$0
Net assets
$2.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $90,613▼88.6% | $189,781▼28.2% | $2,279,163▼4.2% | $2,279,163▼4.2% | 990 |
| 2023 | $797,292▲1339% | $264,355▲655% | $2,378,331▲28.9% | $2,378,331▲28.9% | 990 |
| 2022 | $55,410▼92.9% | $35,000▼18.6% | $1,845,394▲1.1% | $1,845,394▲1.1% | 990 |
| 2021 | $783,515▲1228% | $43,000 | $1,824,984▲68.3% | $1,824,984▲68.3% | 990 |
| 2020 | $59,020▼0.4% | $43,000▼21.8% | $1,084,469▲1.5% | $1,084,469▲1.5% | 990 |
| 2019 | $59,272▲2.2% | $55,000▼21.4% | $1,068,449▲0.4% | $1,068,449▲0.4% | 990 |
| 2018 | $58,004▲3.0% | $70,000 | $1,064,177▼1.1% | $1,064,177▼1.1% | 990 |
| 2017 | $56,338▼85.6% | $70,000▼94.0% | $1,076,173▼1.3% | $1,076,173▼1.3% | 990 |
| 2016 | $391,283▲152% | $1,159,377▲774% | $1,089,835▼41.3% | $1,089,835▼41.3% | 990 |
| 2015 | $155,555▲5.8% | $132,683▲0.5% | $1,857,929▲1.2% | $1,857,929▲1.2% | 990 |
| 2014 | $147,077▲38.0% | $131,969▲12.1% | $1,835,057▲0.8% | $1,835,057▲0.8% | 990 |
| 2013 | $106,584 | $117,772▼68.5% | $1,819,949▼0.6% | $1,819,949▼0.6% | 990 |
| 2012 | — | $373,829▲99.5% | $1,831,137▼11.6% | $1,831,137▼11.6% | 990 |
| 2011 | — | $187,415 | $2,071,431 | $2,071,431 | 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.
Frequently asked questions
- Is Chapel-lakes Area Foundation Inc a legitimate nonprofit?
- Yes. Chapel-lakes Area Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-1694901, based in Alsip, Illinois. Donations are tax-deductible.
- What is Chapel-lakes Area Foundation Inc's EIN?
- Chapel-lakes Area Foundation Inc's Employer Identification Number (EIN) is 39-1694901.
- How much revenue does Chapel-lakes Area Foundation Inc report?
- Chapel-lakes Area Foundation Inc reported $90,613 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Chapel-lakes Area Foundation Inc have?
- CharityIndex grades Chapel-lakes Area Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Chapel-lakes Area Foundation Inc (EIN 39-1694901) 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.