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Illinois · Nonprofit

Chicago Chapter National Black MBA Association

Chicago Chapter National Black MBA Association (Illinois) receives grants from 1 organization whose IRS filings report $250 to it, the largest being The Bank of America Charitable Foundation Inc ($250). 0 of them have funded it in more than one year.

Revenue FY2024
$94k
Funders on record
1
Grants received
$250
Net assets
$192k
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Chicago Chapter National Black MBA Association does

Mission

The mission of this organization is to create partnerships that produce intellectual and economic wealth in the African-American community.

As stated on its FY2024 Form 990.

Programs

  1. Leaders of Tomorrow LOT. A program designed to mentor students from high school.

    $9,638 spent
    11% of program spending
  2. Scholarship Program. This program is open to high school, undergraduate, graduate and doctoral students who furthering graduate and doctoral studies.

    $25,112 spent
    29% of program spending
  3. Membership / Outreach

    $45,406 spent
    53% of program spending
  4. Program Service Expenses 2,285, Grants and allocations 0, Revenue 0 Business Leadership Institute Program Service Expenses 3,000, Grants and allocations 0, Revenue 0 Young Professionals Happy Hour

    $5,285 spent
    6% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $85,441.

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 ($59k) Expenses 100 ($65k) Net assets 100 ($87k)2018 Revenue 233 ($138k) Expenses 118 ($77k) Net assets 170 ($147k)2019 Revenue 201 ($119k) Expenses 140 ($91k) Net assets 202 ($175k)2020 Revenue 199 ($117k) Expenses 110 ($72k) Net assets 255 ($221k)2021 Revenue 130 ($77k) Expenses 77 ($50k) Net assets 223 ($194k)2022 Revenue 183 ($108k) Expenses 95 ($62k) Net assets 276 ($240k)2023 Revenue 289 ($171k) Expenses 193 ($126k) Net assets 328 ($284k)2024 Revenue 159 ($94k) Expenses 285 ($186k) Net assets 221 ($192k)
'17'18'19'20'21'22'23'24
Revenue (159)Expenses (285)Net assets (221)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 2023 to 2024, from $284k to $192k (−33%).

$89k
$158k
$175k
$232k
$194k
$241k
$284k
$192k
'17'18'19'20'21'22'23'24
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
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

99% of Chicago Chapter National Black MBA Association’s revenue is contributions — more donation-reliant than the typical peer (65% for the typical peer).

This organization
Typical peer · 26,798 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−$6k
’17
$61k
’18
$28k
’19
$46k
’20
$27k
’21
$46k
’22
$45k
’23
−$93k
’24
9.1
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.

'17'18'19'20'21'22'23'24
Listed77777578
Joined·+5+0+4+0+2+2+4
No longer listed·5040403
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

From the IRS filings of Chicago Chapter National Black MBA 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.

Where its funders are

Chicago Chapter National Black MBA Association draws 100% of its grant income from funders outside Illinois, across 1 state in all.

NC

Funder states come from each funder’s own filing. 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

Chicago Chapter National Black MBA Association has grown faster than half of the 21,859 education nonprofits its size.

Operating margin−99% · bottom quartile
Months of reserve9.1mo · below the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 21,859 education nonprofits under $100k, FY2024

Organizations like Chicago Chapter National Black MBA 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

46% of spending goes to programs.

Program 46%Management 54%Fundraising 0%

Governance

8
board members
100%
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 Chicago Chapter National Black MBA 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.

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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 Chicago Chapter National Black MBA Association?
Chicago Chapter National Black MBA Association (Illinois) receives grants from 1 organization whose IRS filings report $250 to it, the largest being The Bank of America Charitable Foundation Inc ($250). 0 of them have funded it in more than one year.
How many funders does Chicago Chapter National Black MBA Association have?
IRS filings report 1 organization giving $250 in grants to Chicago Chapter National Black MBA Association.
Who is the largest funder of Chicago Chapter National Black MBA Association?
The Bank of America Charitable Foundation Inc is the largest funder on record, with $250 in grants. The full list of funders is on this page.
How can an organization like Chicago Chapter National Black MBA 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 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