Alan & Ruth Borenstein Medical Scholarship Fund 14209226
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Alan & Ruth Borenstein Medical Scholarship Fund 14209226 is a 501(c)(3) organization based in Chicago, Illinois, registered in 1994, with $97,369 in FY2024 revenue. CharityIndex grades it D.
Po Box 803878, Chicago, IL, 60680 EIN 65-6119242 Since 1994
Revenue (FY2024)
$97K
▲ 57.5% vs prior year
Expenses (FY2024)
$145K
Net assets
$1.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Alan & Ruth Borenstein Medical Scholarship Fund 14209226— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating152 mo reserves · -49% margin
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 Alan & Ruth Borenstein Medical Scholarship Fund 14209226: 152 mo reserves · -49% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Alan & Ruth Borenstein Medical Scholarship Fund 14209226— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Alan & Ruth Borenstein Medical Scholarship Fund 14209226: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue declined from $104K (FY2019) to $97K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.8M
Operating margin
-48.6%
Spent more than it raised in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$0
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $97,369▲57.5% | $144,725▲10.7% | $1,834,244▼2.5% | $1,834,244▼2.5% | 990PF |
| 2023 | $61,824▲22.5% | $130,793▼24.8% | $1,881,526▼3.6% | $1,881,526▼3.6% | 990PF |
| 2022 | $50,484▼85.4% | $173,847▲2.8% | $1,950,847▼5.9% | $1,950,847▼5.9% | 990PF |
| 2021 | $345,318▲468% | $169,112▲0.2% | $2,074,231▲9.3% | $2,074,231▲9.3% | 990PF |
| 2020 | $60,803▼41.5% | $168,730▲0.9% | $1,898,055▼5.4% | $1,898,055▼5.4% | 990PF |
| 2019 | $103,949 | $167,283 | $2,006,010 | $2,006,010 | 990PF |
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.
Frequently asked questions
- Is Alan & Ruth Borenstein Medical Scholarship Fund 14209226 a legitimate nonprofit?
- Yes. Alan & Ruth Borenstein Medical Scholarship Fund 14209226 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-6119242, based in Chicago, Illinois. Donations are tax-deductible.
- What is Alan & Ruth Borenstein Medical Scholarship Fund 14209226's EIN?
- Alan & Ruth Borenstein Medical Scholarship Fund 14209226's Employer Identification Number (EIN) is 65-6119242.
- How much revenue does Alan & Ruth Borenstein Medical Scholarship Fund 14209226 report?
- Alan & Ruth Borenstein Medical Scholarship Fund 14209226 reported $97,369 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Alan & Ruth Borenstein Medical Scholarship Fund 14209226 have?
- CharityIndex grades Alan & Ruth Borenstein Medical Scholarship Fund 14209226 D, based on financial health (reserves and operating margin).
More nonprofits in Chicago
Explore more
Data for Alan & Ruth Borenstein Medical Scholarship Fund 14209226 (EIN 65-6119242) 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.