David B Smith Charitable Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
David B Smith Charitable Foundation Inc is a 501(c)(3) organization based in Morris, Illinois, registered in 2017, with $54,078 in FY2024 revenue. CharityIndex grades it C+.
201 Liberty Street, Morris, IL, 60450 EIN 81-4920868 Since 2017
Revenue (FY2024)
$54K
▲ 26.2% vs prior year
Education median: $200K
Expenses (FY2024)
$52K
Net assets
$1.5M
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 David B Smith Charitable Foundation Inc— 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 rating346 mo reserves · +4% 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 David B Smith Charitable Foundation Inc: 346 mo reserves · +4% 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 David B Smith Charitable Foundation Inc— 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 David B Smith Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 201 Liberty Street, Morris, IL, 60450
- City
- Morris
- State
- Illinois
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $0 (FY2017) to $54K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.5M
Operating margin
3.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $54,078▲26.2% | $51,990▲22.7% | $1,501,183▼0.6% | $1,501,183▼0.6% | 990PF |
| 2023 | $42,843▲9.3% | $42,362▼16.1% | $1,510,323▲16.6% | $1,510,323▲16.6% | 990PF |
| 2022 | $39,185▼12.3% | $50,511▼10.6% | $1,295,802▲0.7% | $1,295,802▲0.7% | 990PF |
| 2021 | $44,656▲1.2% | $56,525▲14.1% | $1,286,320▲0.4% | $1,286,320▲0.4% | 990PF |
| 2020 | $44,122▲10.9% | $49,526▲204% | $1,280,681▲0.2% | $1,280,681▲0.2% | 990PF |
| 2019 | $39,788▼97.2% | $16,317 | $1,278,202▼0.3% | $1,278,202▼0.3% | 990PF |
| 2018 | $1,411,640 | $0 | $1,281,702▲256240% | $1,281,702▲256240% | 990PF |
| 2017 | $0 | $0 | $500 | $500 | 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 David B Smith Charitable Foundation Inc a legitimate nonprofit?
- Yes. David B Smith Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-4920868, based in Morris, Illinois. Donations are tax-deductible.
- What is David B Smith Charitable Foundation Inc's EIN?
- David B Smith Charitable Foundation Inc's Employer Identification Number (EIN) is 81-4920868.
- How much revenue does David B Smith Charitable Foundation Inc report?
- David B Smith Charitable Foundation Inc reported $54,078 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does David B Smith Charitable Foundation Inc have?
- CharityIndex grades David B Smith Charitable Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for David B Smith Charitable Foundation Inc (EIN 81-4920868) 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.