Albert M Zari Foundation
Only null% goes to programs Strong reserves Declining revenue
Albert M Zari Foundation is a 501(c)(3) organization based in Oak Brook, Illinois, registered in 2014, with $375,644 in FY2024 revenue. CharityIndex grades it F.
2107 Swift Dr Ste 210, Oak Brook, IL, 60523 EIN 46-4833743 Since 2014
Revenue (FY2024)
$376K
▲ 97.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.1M
Net assets
$4.9M
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 M Zari 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 rating55 mo reserves · -185% 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 M Zari Foundation: 55 mo reserves · -185% 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 M Zari 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 M Zari Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2107 Swift Dr Ste 210, Oak Brook, IL, 60523
- City
- Oak Brook
- State
- Illinois
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $528K (FY2020) to $376K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.9M
Operating margin
-185.5%
Spent more than it raised in the latest fiscal year.
Total assets
$4.9M
Total liabilities
$0
Net assets
$4.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $375,644▲97.5% | $1,072,302▼14.1% | $4,884,638▼23.4% | $4,884,638▼23.4% | 990PF |
| 2023 | $190,172▲54.8% | $1,247,593▲610% | $6,373,537▼5.2% | $6,373,537▼5.2% | 990PF |
| 2022 | $122,814▼81.0% | $175,757▼83.5% | $6,722,713▼15.3% | $6,722,713▼15.3% | 990PF |
| 2021 | $647,408▲22.7% | $1,068,017▲85.5% | $7,939,629▼2.8% | $7,939,629▼2.8% | 990PF |
| 2020 | $527,672 | $575,633 | $8,167,000 | $8,167,000 | 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.
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Frequently asked questions
- Is Albert M Zari Foundation a legitimate nonprofit?
- Yes. Albert M Zari Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-4833743, based in Oak Brook, Illinois. Donations are tax-deductible.
- What is Albert M Zari Foundation's EIN?
- Albert M Zari Foundation's Employer Identification Number (EIN) is 46-4833743.
- How much revenue does Albert M Zari Foundation report?
- Albert M Zari Foundation reported $375,644 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Albert M Zari Foundation have?
- CharityIndex grades Albert M Zari Foundation F, based on financial health (reserves and operating margin).
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Data for Albert M Zari Foundation (EIN 46-4833743) 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.