Bloomington-normal Mulberry School Corporation is a 501(c)(3) organization based in Normal, Illinois, registered in 1972, with $462,883 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$463K
▲ 18.4% vs prior year
Education median: $200K
Expenses (FY2023)
$460K
Net assets
$389K
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 Bloomington-normal Mulberry School Corporation— 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 Bloomington-normal Mulberry School Corporation: 10 mo reserves · +1% 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 Bloomington-normal Mulberry School Corporation— 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 Bloomington-normal Mulberry School Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $362K (FY2013) to $463K (FY2023) across 8 reported years.
Financial snapshot
Operating margin
0.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$637K
Total liabilities
$248K
Net assets
$389K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $462,883▲18.4% | $459,981▲5.3% | $389,469▲0.8% | $637,153▼1.3% | 990 |
| 2022 | $390,985▲6.9% | $436,978▲34.7% | $386,567▲18.5% | $645,461▲39.0% | 990 |
| 2019 | $365,744▼11.7% | $324,523▼9.8% | $326,152▲14.5% | $464,339▲7.9% | 990 |
| 2018 | $414,418▲16.9% | $359,837▼1.3% | $284,931▲23.7% | $430,431▲8.1% | 990 |
| 2017 | $354,401▼8.9% | $364,756▼2.5% | $230,350▲4.5% | $398,312▼5.6% | 990 |
| 2015 | $389,151▲13.4% | $374,233▼7.7% | $220,439▲7.3% | $421,737▼0.2% | 990 |
| 2014 | $343,184▼5.1% | $405,349▲41.8% | $205,521▼23.2% | $422,629▼14.8% | 990 |
| 2013 | $361,605 | $285,828▲11.2% | $267,686▲39.5% | $496,077▲14.2% | 990 |
| 2012 | — | $256,929▼6.5% | $191,855▲7.7% | $434,345▲0.1% | 990 |
| 2011 | — | $274,784 | $178,154 | $433,968 | 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 Bloomington-normal Mulberry School Corporation (EIN 37-0951049) 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.