Public & Societal Benefit (W123) IRS Verified DX Registered 990 on File

VETERANS NETWORK COMMITTEE OF NORTHERN ILLINOIS

EIN: 27-2983606 · FOX RIVER GRV, IL 60021-1005 · United States · FY 2022 Data

3 out of 5 52 / 100 Based on one year of filings

Financial strength (30%) 80/100

Reliability (20%) 50/100

Effectiveness (25%) 73/100

Impact (25%) No data yet

Financial data: FY 2022 · Scored 9/13/2026

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Mission Statement

The Organization is to serve the Northern Illinois area by providing beneficial services to disabled, poor or distressed Veterans and members of the U.S. Armed Forces, and their dependents and the widows and orphans of deceased Veterans; Conducting programs for charitable purposes; and educating the public about Veterans issues and the memory of the Armed Forces in a charitable manner.

Financial Overview — FY 2022

$27K

Total Revenue

$39K

Total Expenses

$15K

Net Assets

N/A

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 92.1%

Fundraising Efficiency N/A

Operating Reserve 4.75x

Liability-to-Asset 9.1%

Revenue Diversification 97.2%

Compared with Peers

FY 2022

Compared with 2,378 similar organizations (United States, Public & Societal Benefit, under $100K in expenses), FY 2022.

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	92.1%	81.5%	P10P90	Above median
Operating reserve Months of expenses covered by net assets · higher is better	4.8 mo	17.5 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	9.1%	0.0%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	97.2%	100.0%	P10P90	Above median
Revenue growth Year over year revenue growth	-41.7%	4.1%	P10P90
Expense growth Year over year expense growth	316.7%	11.6%	P10P90
Surplus margin Surplus as a share of revenue	-45.0%	15.9%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2022	$27K	$39K	$15K	92.1%	—
2021	$46K	$9K	N/A	—	1

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Organization Details

EIN: 27-2983606
State: IL
City: FOX RIVER GRV
ZIP: 60021-1005
Classification: W123
Category: Public & Societal Benefit
Rating: 3★
Coverage: B
Last Updated: Aug 2026
IRS Ruling Year: 2011
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

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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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