Albert F George Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Albert F George Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 1966, with $21,354 in FY2024 revenue. CharityIndex grades it F.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 74-6071596 Since 1966
Revenue (FY2024)
$21K
▲ 30.3% vs prior year
Expenses (FY2024)
$52K
Net assets
$34K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Albert F George Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating8 mo reserves · -145% 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 Albert F George Foundation: 8 mo reserves · -145% margin earns a F 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 Albert F George Foundation— 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 Albert F George Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $36K (FY2017) to $21K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $34K
Operating margin
-145.1%
Spent more than it raised in the latest fiscal year.
Total assets
$34K
Total liabilities
$0
Net assets
$34K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,354▲30.3% | $52,335▼26.0% | $33,902▼47.6% | $33,902▼47.6% | 990PF |
| 2023 | $16,388▼30.4% | $70,676▼1.7% | $64,746▼45.6% | $64,746▼45.6% | 990PF |
| 2022 | $23,552▼6.2% | $71,901▼2.3% | $119,037▼28.9% | $119,037▼28.9% | 990PF |
| 2021 | $25,114▼17.6% | $73,599▼0.3% | $167,384▼22.5% | $167,384▼22.5% | 990PF |
| 2020 | $30,478▲1.7% | $73,833▼1.0% | $215,870▼16.7% | $215,870▼16.7% | 990PF |
| 2019 | $29,982▲8.6% | $74,608▼1.8% | $259,267▼14.7% | $259,267▼14.7% | 990PF |
| 2018 | $27,607▼24.3% | $75,968▲0.4% | $303,900▼13.7% | $303,900▼13.7% | 990PF |
| 2017 | $36,480 | $75,643▼1.7% | $352,260▼45.6% | $352,260▼45.6% | 990PF |
| 2011 | — | $76,957▼0.8% | $647,696▼4.9% | $647,696▼4.9% | 990PF |
| 2010 | — | $77,572 | $681,022 | $681,022 | 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 Albert F George Foundation a legitimate nonprofit?
- Yes. Albert F George Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-6071596, based in Chicago, Illinois. Donations are tax-deductible.
- What is Albert F George Foundation's EIN?
- Albert F George Foundation's Employer Identification Number (EIN) is 74-6071596.
- How much revenue does Albert F George Foundation report?
- Albert F George Foundation reported $21,354 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Albert F George Foundation have?
- CharityIndex grades Albert F George Foundation F, based on financial health (reserves and operating margin).
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Data for Albert F George Foundation (EIN 74-6071596) 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.