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Illinois · Nonprofit

51st Street Business Association

51st Street Business Association (Illinois) receives grants from 3 organizations whose IRS filings report $44,500 to it, the largest being The Chicago Community Trust ($24,000). 1 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$201k
Funders on record
3
Grants received
$45k
Net assets
$90k
1/3 repeat funderspeak grant-dependency 8%
01What it does

What 51st Street Business Association does

Mission

The mission of the 51st Business Association is to educate inspire empower network and support the community current businesses and aspiring small business owners within the Grand Boulevard Washington Park and surrounding communities.

As stated on its FY2025 Form 990.

Programs

  1. Educating inspiring empowering networking and supporting the community current businesses and aspiring new small business owners within the Grand Boulevard Washington Park and surrounding Chicagoland area

    $90,817 spent$201,149 earned by the program
    100% of program spending
  2. Not described on the e-filed return.

    $0 spent
    0% of program spending
  3. Not described on the e-filed return.

    $0 spent
    0% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $90,817.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($115k) Expenses 100 ($115k) Net assets 0 ($0)2018 Revenue 111 ($128k) Expenses 107 ($123k) Net assets 100 ($6k)2021 Revenue 162 ($186k) Expenses 159 ($183k) Net assets 65 ($4k)2022 Revenue 176 ($203k) Expenses 149 ($172k) Net assets 618 ($35k)2023 Revenue 151 ($174k) Expenses 151 ($174k) Net assets 626 ($35k)2024 Revenue 143 ($165k) Expenses 142 ($164k) Net assets 636 ($36k)2025 Revenue 174 ($201k) Expenses 127 ($146k) Net assets 1613 ($90k)
2017201820212022202320242025
Revenue (174)Expenses (127)Net assets (1613)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $36k to $90k (+154%).

$0
$6k
$4k
$35k
$35k
$36k
$90k
2017201820212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 28% · 2022 29% · 2023 23% · 2024 25% · 2025 35%. Grants only. Government contracts and fees sit inside program revenue.

65% of 51st Street Business Association’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.

$0
’17
$6k
’18
$4k
’21
$31k
’22
$448
’23
$547
’24
$55k
’25
4.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Sandra Bivens

Executive Director

As listed on its FY2025 Form 990.

20212022202320242025
Listed15553
Joined··+0+0+0
No longer listed··002
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income rose $500 → $14k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 54% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of 51st Street Business Association’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

51st Street Business Association leans on a few funders — its largest provides 54% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund 51st Street Business Association.

54%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

54% of 51st Street Business Association's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $21k that is directly attributable, 98% of it comes from funders outside Illinois, across 2 states.

IL
DC

In-state vs out-of-state, by year

’18
’19
Illinois out of state home

Funder states come from each funder’s own filing. $24k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

51st Street Business Association runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.

Operating margin27% · top quartile
Months of reserve4.5mo · below the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like 51st Street Business Association

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

62% of spending goes to programs.

Program 62%Management 0%Fundraising 38%

Governance

4
board members
0%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for 51st Street Business Association: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds 51st Street Business Association?
51st Street Business Association (Illinois) receives grants from 3 organizations whose IRS filings report $44,500 to it, the largest being The Chicago Community Trust ($24,000). 1 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does 51st Street Business Association have?
IRS filings report 3 organizations giving $44,500 in grants to 51st Street Business Association, 1 of which have funded it in more than one year.
Who is the largest funder of 51st Street Business Association?
The Chicago Community Trust is the largest funder on record, with $24,000 in grants. The full list of funders is on this page.
How can an organization like 51st Street Business Association find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds 51st Street Business Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing