Clarence W & Ida W Klassen Charitable Foundation
Only null% goes to programs Strong reserves Growing revenue
Clarence W & Ida W Klassen Charitable Foundation is a 501(c)(3) organization based in Springfield, Illinois, registered in 2007, with $127,093 in FY2024 revenue. CharityIndex grades it C+.
Po Box 79, Springfield, IL, 62705 EIN 20-7218642 Since 2007
Revenue (FY2024)
$127K
▲ 50.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$93K
Net assets
$1.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Clarence W & Ida W Klassen Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating206 mo reserves · +27% 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 Clarence W & Ida W Klassen Charitable Foundation: 206 mo reserves · +27% margin earns a B+ 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 Clarence W & Ida W Klassen Charitable 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 Clarence W & Ida W Klassen Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 79, Springfield, IL, 62705
- City
- Springfield
- State
- Illinois
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $49K (FY2013) to $127K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.6M
Operating margin
26.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$0
Net assets
$1.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $127,093▲50.0% | $92,975▼4.9% | $1,599,005▲2.5% | $1,599,005▲2.5% | 990PF |
| 2023 | $84,753▼5.6% | $97,717▼11.5% | $1,559,739▲4.0% | $1,559,739▲4.0% | 990PF |
| 2022 | $89,806▼7.8% | $110,354▲27.8% | $1,500,033▲1.5% | $1,500,033▲1.5% | 990PF |
| 2021 | $97,450▲107% | $86,365▼4.4% | $1,478,492▲4.7% | $1,478,492▲4.7% | 990PF |
| 2020 | $47,072▼38.5% | $90,329▲4.9% | $1,411,508▼3.5% | $1,411,508▼3.5% | 990PF |
| 2019 | $76,543▼15.1% | $86,079▲3.6% | $1,462,146▲0.8% | $1,462,146▲0.8% | 990PF |
| 2018 | $90,178▲3.1% | $83,113▼1.0% | $1,450,171▲0.1% | $1,450,171▲0.1% | 990PF |
| 2017 | $87,479▲51.1% | $83,979▲53.4% | $1,448,964▼1.6% | $1,448,964▼1.6% | 990PF |
| 2016 | $57,889 | $54,728▼35.1% | $1,471,871▲6.7% | $1,471,871▲6.7% | 990PF |
| 2015 | $57,915▼0.3% | $84,327▲59.8% | $1,379,431▼2.2% | $1,379,431▼2.2% | 990PF |
| 2014 | $58,104▲18.4% | $52,762▲5.3% | $1,410,893▲0.3% | $1,410,893▲0.3% | 990PF |
| 2013 | $49,070 | $50,099▼13.7% | $1,406,388▼0.1% | $1,406,388▼0.1% | 990PF |
| 2012 | — | $58,071▲5.7% | $1,407,417▼0.9% | $1,407,417▼0.9% | 990PF |
| 2011 | — | $54,928▲9.6% | $1,420,431▼0.3% | $1,420,431▼0.3% | 990PF |
| 2010 | — | $50,094 | $1,424,175 | $1,424,175 | 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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Compare Clarence W & Ida W Klassen Charitable Foundation
Frequently asked questions
- Is Clarence W & Ida W Klassen Charitable Foundation a legitimate nonprofit?
- Yes. Clarence W & Ida W Klassen Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-7218642, based in Springfield, Illinois. Donations are tax-deductible.
- What is Clarence W & Ida W Klassen Charitable Foundation's EIN?
- Clarence W & Ida W Klassen Charitable Foundation's Employer Identification Number (EIN) is 20-7218642.
- How much revenue does Clarence W & Ida W Klassen Charitable Foundation report?
- Clarence W & Ida W Klassen Charitable Foundation reported $127,093 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Clarence W & Ida W Klassen Charitable Foundation have?
- CharityIndex grades Clarence W & Ida W Klassen Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for Clarence W & Ida W Klassen Charitable Foundation (EIN 20-7218642) 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.