Charlotte & Norman Codo Charitable Tr is a 501(c)(3) organization based in Chicago, Illinois, registered in 1999, with $140,573 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$141K
▼ 92.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$156K
Net assets
$2.5M
Employees
—
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 Charlotte & Norman Codo Charitable Tr— 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 Charlotte & Norman Codo Charitable Tr: 194 mo reserves · -11% margin earns a C+ 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 Charlotte & Norman Codo Charitable Tr— 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 Charlotte & Norman Codo Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $115K (FY2018) to $141K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-11.0%
Spent more than it raised in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$0
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $140,573▼92.9% | $156,064▲41.7% | $2,519,381▼0.6% | $2,519,381▼0.6% | 990PF |
| 2023 | $1,975,373▲2154% | $110,173▼2.6% | $2,534,868▲72.7% | $2,534,868▲72.7% | 990PF |
| 2022 | $87,638▲1.3% | $113,137▲0.3% | $1,467,813▼1.7% | $1,467,813▼1.7% | 990PF |
| 2021 | $86,498▼31.2% | $112,795▲19.7% | $1,493,311▼1.7% | $1,493,311▼1.7% | 990PF |
| 2020 | $125,650▲14.7% | $94,198▼16.7% | $1,519,790▲2.1% | $1,519,790▲2.1% | 990PF |
| 2019 | $109,576▼4.9% | $113,098▲13.8% | $1,488,606▼0.2% | $1,488,606▼0.2% | 990PF |
| 2018 | $115,175 | $99,389 | $1,492,182 | $1,492,182 | 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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Data for Charlotte & Norman Codo Charitable Tr (EIN 51-6510459) 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.