Bronzeville Trail Task Force INC EIN 85-2928451

Bronzeville Trail Task Force INC

EIN  85-2928451 Public charity (501(c)(3)) Chicago, IL
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Size
$100K–1M
What they do
Develops and stewards a linear park from an abandoned rail line.
Leadership
John E Adams CPA · Founder · $12K
Money in and out
$113K revenue, $118K expenses
Bottom line
80% program efficiency

Develops and stewards a linear park from an abandoned rail line. For fiscal year 2024 it reported $113K in revenue, $118K in expenses, and $292 in net assets.Pt I

Where the money goes · FY2024
Total revenue
$113K
Pt VIII · Ln 12
Total expenses
$118K
Pt IX · Ln 25
Net assets
$292
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$5K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.08 Fundraising $0.11
Program efficiency
80%
of spending reaches programs▲ +19% vs prior filing year
Operating runway
34.8mo
months of highly liquid reserves at operating expense rate▲ ×19 vs prior filing year
Surplus margin
-5%
revenue over expenses, this year▲ +93% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$113K
FY2024▲ +238%
Expenses
$118K
FY2024▲ +110%
Total assets
$443K
FY2024▲ ×53
Total liabilities
$443K
FY2024▲ ×163
Total revenue
$113K
Pt VIII · Ln 12
Total expenses
$118K
Pt IX · Ln 25
Net assets
$292
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$5K
Total assetsPt X · Ln 16$443K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 323
Independent voting membersPt I · Ln 423
Mission & Programs · Part III

Where the work happens

3 program services, described in the organization's own filed words · FY2024.
01

Linear Park Development The Bronzeville Trail Task Force, Inc. (BTTF) engages community stakeholders in providing the Bronzeville community a recreational asset that celebrates its history, supports its wellness, and deepens its connectivity to serve a community of all ages and and abilities.

Pt IX · col B
02

The Bronzeville Trail Research Initiative looks to document and create a community-based landscape narrative, guidelines, and tools to inform the future of the Bronzeville Trail. Through archival, experiential, and performative research, its evolving history will be uncovered and interpreted.

Pt IX · col B
03

Bronzeville Trail History Project The Bronzeville Trail History Project will research, examine,instruct, and publicize the role African Americans played in Chicagos world renowned meat processing industry. The Kenwood L Line embankment is remnant of the Chicago Union Stock Yard Line and has significant ties to the Great Black Migration.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBronzeville Trail Task Force INC
EINHdr · item D85-2928451
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jwww.bronzevilletrail.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C50)
Ruling yearIRS BMFDec 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a23
Independent voting membersPt VI · Ln 1b23
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$11,900Pt VII · Sec A
$5,940Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

John E Adams CPA’s $12K as Founder is at the 6th percentile of top reported officer pay among 1981 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Contributions & grants100%$113K
Total revenueLn 12$113K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.08 Fundraising $0.11
Program services80%$95K
Management & general8%$10K
Fundraising11%$13K
Total functional expensesLn 25$118K

Balance Sheet

Part X · end of year
CashLn 1$342K
Total assetsLn 16$443K
Total liabilitiesLn 26$443K
Total net assetsLn 32$292
Months of cash on handcomputed34.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $342K · Operating expenses/yr $118K
34.8 months
Where the money goes
Program services
Program services $95K · Total expenses $118K
80%
Management & General
Management & general $10K · Total expenses $118K
8%
Fundraising
Fundraising $13K · Total expenses $118K
11%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $86K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $113K · Total revenue $113K
100%
Government reliance
Government grants — · Total revenue $113K
Earned-income share
Program service revenue $0 · Total revenue $113K
0%
Investment reliance
Investment income $0 · Total revenue $113K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $118K
0%
Growth & trend
Revenue growth (YoY)
This year $113K · Prior year $33K
+238%
Net-asset trend (YoY)
End of year $292 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $113K · Expenses $118K
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $443K
Net-asset ratio
Net assets $292 · Total assets $443K
0%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $443K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual John E Adams CPA · Reported title Founder · Highest reported compensation $12K · Total expenses $118K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $37K · Total expenses $118K
31%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 8%
Fundraising cost ratio 12%
Revenue growth 238%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$502K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$113K revenue · viewing · ⤓ 990 PDF
FY2023$33K revenue · ⤓ 990 PDF
FY2022$122K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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