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Nonprofiteer
← CHICAGO FOOTBALL CLASSIC INC

Form 990 for tax year 2024

Filed by CHICAGO FOOTBALL CLASSIC INC.

Totals

Total revenue
$595,916
Total expenses
$1,425,448
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$595,853
Investment income
$63
Other revenue
$0
Total assets, end of year
$41,563
Total liabilities, end of year
$1,093,482
Net assets or fund balances, end of year
-$1,051,919
Program services expenses (Part IX)
$1,425,448
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$1,425,448

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: TICKET SALES

    total $339,146 · related or exempt $339,146

  • 2b · Program service revenue: CORPORATE SALES

    total $239,653 · related or exempt $239,653

  • 2c · Program service revenue: PARKING & PROGRAM REVE

    total $14,554 · related or exempt $14,554

  • 2d · Program service revenue: GOLF OUTING

    total $2,000 · related or exempt $2,000

  • 2e · Program service revenue: INDIVIDUAL SUPPORT

    total $500 · related or exempt $500

  • 3 · Investment income

    total $63 · related or exempt $63

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $24,326 · program services $24,326

  • 12 · Advertising and promotion

    total $194,426 · program services $194,426

  • 13 · Office expenses

    total $1,174 · program services $1,174

  • 17 · Travel

    total $354,407 · program services $354,407

  • 23 · Insurance

    total $21,592 · program services $21,592

  • 24a · Other expenses: PROFESSIONAL FEES

    total $270,177 · program services $270,177

  • 24b · Other expenses: SOLDIER FIELD EXPENSE

    total $235,625 · program services $235,625

  • 24c · Other expenses: FOOTBALL TEAMS

    total $155,000 · program services $155,000

  • 24d · Other expenses: ENTERTAINMENT

    total $98,629 · program services $98,629

  • 24e · All other expenses

    total $70,092 · program services $70,092

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $62,650 · end of year $41,563

  • 4 · Accounts receivable

    beginning of year $25,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $648

  • 17 · Accounts payable and accrued expenses

    beginning of year $310,685 · end of year $1,093,482

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$222,387 · end of year -$1,051,919

Mission and programs · 2024

Mission

O ORGANIZE AND PROMOTE COLLEGE FOOTBALL GAMES & PROVIDE EDUCATION SCHOLARSHIPS

Activities or mission (Part I)

TO ORGANIZE AND PROMOTE COLLEGE FOOTBALL GAME EACH YEAR FOR TWO HISTORICALLY BLACK COLLEGESAND RECRUITING IN THE CITY OF CHICAGO

  • CHICAGO FOOTBALL GAME PROMOTION

    Expenses $1,425,448 · Revenue $595,916

As filed on the 2024 return.

Listed in Part VII

  • Everett G Rand

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • Larry Huggins

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • William Garth

    OFFICER

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202503189349310535

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