Charity Search / HEART OF THE CITY
Youth Development (O20) DX Registered 990 on File

HEART OF THE CITY

EIN: 36-4780812 · WAUKEGAN, IL 60079-0356 · United States · FY 2025 Data
Closed and removed from the registry
This organization is not in good standing with its registry and is not rated.
Not rated Based on 2+ years of filings
Financial strength (30%) 79/100
Reliability (20%) 35/100
Effectiveness (25%) 63/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$2.0M
Total Revenue
$2.0M
Total Expenses
$713K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 82.5%
Fundraising Efficiency N/A
Operating Reserve 4.22x
Liability-to-Asset 10.8%
Revenue Diversification 82.5%
Executive Compensation $135K
Compared with Peers
FY 2025
Compared with 665 similar organizations (United States, Youth Development, $1M–$10M in expenses), FY 2025.
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
82.5% 81.2%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
4.2 mo 10.8 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
10.8% 9.7%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
82.5% 90.2%
P10P90
Above median
Revenue growth
Year over year revenue growth
-0.9% 4.6%
P10P90
Expense growth
Year over year expense growth
24.1% 7.1%
P10P90
Surplus margin
Surplus as a share of revenue
0.2% 2.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $2.0M $2.0M $713K 82.5%
2024 $2.1M $1.6M $709K 73.6%
2023 $1.8M $1.9M $291K 82.1%
2022 $1.6M $1.6M $385K 83.3%
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Organization Details
EIN
36-4780812
State
IL
City
WAUKEGAN
ZIP
60079-0356
Classification
O20
Category
Youth Development
Rating
Closed Not rated
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2014
Foundation Code
3
Form 990
On File
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