Clarence G Tortorell Charitable Trust is a 501(c)(3) organization based in Po Box Chicago, Illinois, registered in 1991, with $409,600 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$410K
▼ 13.1% vs prior year
Expenses (FY2024)
$306K
Net assets
$4.8M
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 Clarence G Tortorell Charitable Trust— 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 Clarence G Tortorell Charitable Trust: 188 mo reserves · +25% margin earns a B+ 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 Clarence G Tortorell Charitable Trust— 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 Clarence G Tortorell Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $226K (FY2018) to $410K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
25.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.8M
Total liabilities
$0
Net assets
$4.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $409,600▼13.1% | $305,684▲4.3% | $4,784,994▲2.2% | $4,784,994▲2.2% | 990 |
| 2023 | $471,361▲77.7% | $293,068▼36.5% | $4,680,969▲3.9% | $4,680,969▲3.9% | 990 |
| 2022 | $265,241▼20.7% | $461,614▲150% | $4,504,269▼4.2% | $4,504,269▼4.2% | 990 |
| 2021 | $334,280▲111% | $184,446▼31.9% | $4,701,470▲3.3% | $4,701,470▲3.3% | 990 |
| 2020 | $158,672▼47.3% | $270,855▼40.9% | $4,553,215▼2.5% | $4,553,215▼2.5% | 990 |
| 2019 | $301,329▲33.5% | $458,646▲126% | $4,668,012▼3.5% | $4,668,012▼3.5% | 990 |
| 2018 | $225,707 | $202,813 | $4,835,330 | $4,835,330 | 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 Clarence G Tortorell Charitable Trust (EIN 36-6972352) 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.