Overview
What is Sweeney Classic?
Sweeney Classic, located in Countryside, Illinois, is a philanthropic organization with a focus on grantmaking. Their primary mission is to provide financial support to a variety of charitable organizations. This foundation aims to positively impact communities by channeling resources to numerous worthy causes. By offering grants, Sweeney Classic plays a vital role in advancing the objectives of other nonprofit organizations and contributing to their success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Sweeney Classic has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity scored 94% overall, with its evaluation based entirely on its accountability and financial practices. This high rating is indicative of the organization’s commitment to transparency and responsible financial management.
The organization demonstrates significant strengths in governance, boasting a fully independent board with no reported material diversion of assets. Additionally, Sweeney Classic excels in maintaining comprehensive financial oversight, having received perfect scores in areas such as conflict of interest policies and whistleblower protections. Their program expense ratio is impressive at 98.83%, indicating that the majority of their resources are directed toward their mission-related activities.
While the data reflects strong financial health and governance practices, the summary primarily highlights accountability and finance without additional context on program effectiveness or community impact. Overall, Sweeney Classic stands out as a well-managed nonprofit dedicated to its purpose, as substantiated by its robust financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Sweeney Classic legitimate?
Sweeney Classic is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sweeney Classic submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Sweeney Classic?
Sweeney Classic, as a grantmaking organization, is committed to providing financial support to various charitable organizations. The primary mission of this foundation is to distribute funds to other charitable entities, aiming to contribute to diverse causes and initiatives. By offering grants, Sweeney Classic plays a significant role in supporting the charitable sector and contributing to positive change in various communities.
Who is the CEO of Sweeney Classic?
James Sweeney is the Officer of Sweeney Classic.
What is the revenue of Sweeney Classic?
Sweeney Classic's revenue in 2022 was $843,496.
Who are the executives of Sweeney Classic and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Sweeney Classic?
Sweeney Classic's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sweeney Classic
Sweeney Classic, as a foundation or grantmaking organization, is dedicated to supporting other charitable organizations. Its mission is to disburse funds to various charities, aiming to make a positive impact in numerous communities and causes. By providing grants, Sweeney Classic plays a crucial role in empowering and enabling these charitable organizations to carry out their own missions and make a difference in the lives of those they serve. The organization's commitment to funding charities demonstrates its belief in the power of collective efforts to create a better world.
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Impact
July, 2024
Sweeney Classic's impact lies in its ability to support various charitable organizations through grants. By providing funding to these nonprofits, Sweeney Classic facilitates the important work that these organizations do in addressing social issues, supporting communities, and making a positive difference in the world. This support enables these organizations to expand their reach, enhance their programs, and better fulfill their missions, ultimately leading to a broader and more significant impact on the causes they serve. Sweeney Classic's role in providing financial assistance and resources contributes to building a more resilient and compassionate society through philanthropic efforts.
This information is meant to be a general summary of Sweeney Classic. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $991,235
Assets and Liabilities:
- Total Assets: $18,928
- Total Liabilities: $0
- Net Assets: $18,928
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Organization Details
Founding Year
2016
Phone
(847) 881-2540Principal Officer
James Sweeney
Main Address
6170 JOLIET ROAD 200, COUNTRYSIDE, IL, 60525
NTEE Category
Code: T70 - Philanthropy
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