Cool Classics Inc
- Assets
- $62.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/2008
- Data as of
- 06/2022
- EIN
- 26-1250241
Organization Overview
Cool Classics Inc is located in Chicago, IL. The organization was established in 2008. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cool Classics Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Cool Classics Inc generated $37.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $54.7k during the year ending 06/2022. While expenses have increased by 6.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mara Tapp Board Secretary And Executive Director | 40 | $39,500 | |
Amal Amin Treasurer | 1 | $0 | |
Mariana Calderon Director | 1 | $0 | |
Alex Winks Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,276 |
| Total Program Service Revenue | $15,000 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,955 |
| Total Revenue | $37,245 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,522 |
| Professional fees and other payments to independent contractors | $4,590 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $361 |
| Other expenses | $7,267 |
| Total expenses | $54,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,587 |
| Other assets | $0 |
| Total assets | $62,587 |
| Total liabilities | $12,914 |
| Net assets or fund balances | $49,673 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Cool Classics Inc has recieved totaling $10,254.
| Awarding Organization | Amount |
|---|---|
Seabury Foundation Chicago, IL PURPOSE: GENERAL OPERATING | $5,000 |
Jentes Family Foundation Chicago, IL PURPOSE: TO FURTHER PROGRAM SERVICES | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $154 |
The Baxter Foundation Deerfield, IL PURPOSE: DOLLARS FOR DOERS GRANT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Jag Inc Des Moines, IA | $8,216,251 | $8,843,429 |
Braven Incorporated Chicago, IL | $18,157,055 | $13,085,158 |
Gary Comer Youth Center Chicago, IL | $1,153,650 | $6,433,696 |
Boys And Girls Club Of Dane County Inc Madison, WI | $16,863,189 | $11,374,930 |
Life Promotions Inc Appleton, WI | $2,405,715 | $5,603,353 |
Bernies Book Bank Lake Bluff, IL | $3,547,957 | $4,899,035 |
Kingdom House St Louis, MO | $3,626,338 | $5,069,438 |
Gateway Woods Family Services Inc Leo, IN | $1,086,644 | $4,316,744 |
Fishers Soccer Club Inc Noblesville, IN | $3,814,503 | $3,510,504 |
Embarc Inc Chicago, IL | $4,540,107 | $3,839,352 |
A Million Stars Inc St Louis, MO | $6,740,657 | $2,484,208 |
Horizons For Youth Chicago, IL | $2,942,053 | $2,593,417 |