Community Improvement (S05) IRS Verified DX Registered 990 on File

CHICAGO BLEND GROUP

EIN: 85-2034595 · CHICAGO, IL 60612-2507 · United States · FY 2023 Data

3 out of 5 52 / 100 Based on 2+ years of filings

Financial strength (30%) 87/100

Reliability (20%) 45/100

Effectiveness (25%) 68/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

Chicago:Blend promotes diversity, equity and inclusion (DEI) in Chicago’s venture capital and startup ecosystem. We measure the diversity gap across the VC industry, empower underrepresented professionals to secure VC jobs and host educational and community events.

Financial Overview — FY 2023

$418K

Total Revenue

$350K

Total Expenses

$152K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 74.0%

Fundraising Efficiency 0.0%

Operating Reserve 5.21x

Liability-to-Asset 0.1%

Revenue Diversification 98.4%

Executive Compensation $175K

Compared with Peers

FY 2023

Compared with 5,777 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	74.0%	84.1%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	26.0%	12.7%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.0%	P10P90	Top quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	0.0%	9.4%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	5.2 mo	11.1 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	0.1%	3.6%	P10P90	Above median
Revenue concentration Share of revenue from the largest source · lower is better	98.4%	93.2%	P10P90	Below median
Revenue growth Year over year revenue growth	56.9%	7.5%	P10P90
Expense growth Year over year expense growth	60.6%	13.2%	P10P90
Surplus margin Surplus as a share of revenue	16.5%	2.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$418K	$350K	$152K	74.0%	2
2022	$267K	$218K	$83K	76.2%	1
2021	$252K	$124K	N/A	—	1

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Organization Details

EIN: 85-2034595
State: IL
City: CHICAGO
ZIP: 60612-2507
Classification: S05
Category: Community Improvement
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2020
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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