40 North-88 West Inc is a 501(c)(3) organization based in Champaign, Illinois, registered in 2019, with $329,793 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$330K
▲ 20.2% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$301K
Net assets
$178K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 40 North-88 West Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 40 North-88 West Inc: 7 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 40 North-88 West Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 40 North-88 West Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $87K (FY2013) to $330K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
8.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$191K
Total liabilities
$13K
Net assets
$178K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $329,793▲20.2% | $301,490▲6.6% | $177,984▲18.9% | $190,866▲20.3% | 990 |
| 2023 | $274,316▲79.2% | $282,917▲108% | $149,682▲12.3% | $158,631▼4.4% | 990 |
| 2022 | $153,097▲7.4% | $136,309▲3.1% | $133,307▲41.3% | $165,952▲69.8% | 990EZ |
| 2021 | $142,522▲29.1% | $132,254▲24.9% | $94,319▲12.2% | $97,725▼8.9% | 990EZ |
| 2020 | $110,371▼11.8% | $105,859▼17.6% | $84,051▲233% | $107,256▲113% | 990EZ |
| 2015 | $125,157▲44.5% | $128,489▲37.0% | $25,260▼6.2% | $50,417▼4.0% | 990 |
| 2013 | $86,590 | $93,788 | $26,920 | $52,493 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for 40 North-88 West Inc (EIN 35-2181437) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.