David F and Margaret T Grohne Family Foundation
Only null% goes to programs Strong reserves
David F and Margaret T Grohne Family Foundation is a 501(c)(3) organization based in Western Sprgs, Illinois, registered in 1996, with $17,672,001 in FY2024 revenue. CharityIndex grades it C+.
4908 Lawn Ave, Western Sprgs, IL, 60558 EIN 36-4061509 Since 1996
Revenue (FY2024)
$17.7M
▲ 62.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$14.4M
Net assets
$161.7M
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 F and Margaret T Grohne Family 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 rating135 mo reserves · +19% 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 F and Margaret T Grohne Family Foundation: 135 mo reserves · +19% 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 F and Margaret T Grohne Family 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 David F and Margaret T Grohne Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 4908 Lawn Ave, Western Sprgs, IL, 60558
- City
- Western Sprgs
- State
- Illinois
- Subcategory
- Philanthropy Programs
Financial trends
Revenue grew from $5.9M (FY2020) to $17.7M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2,000Net assets $161.7M
Operating margin
18.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$161.7M
Total liabilities
$2,000
Net assets
$161.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $17,672,001▲62.8% | $14,390,146▲28.7% | $161,688,077▲2.1% | $161,690,077▲2.1% | 990PF |
| 2023 | $10,853,311▲30.6% | $11,184,796▼0.5% | $158,406,222▼0.2% | $158,406,222▼0.2% | 990PF |
| 2022 | $8,312,476▼47.7% | $11,236,788▲1.2% | $158,737,707▼1.8% | $158,737,707▼1.8% | 990PF |
| 2021 | $15,904,271▲170% | $11,100,667▲19.2% | $161,662,019▲3.1% | $161,662,019▲3.1% | 990PF |
| 2020 | $5,899,714 | $9,315,293 | $156,858,415 | $156,858,415 | 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 F and Margaret T Grohne Family Foundation a legitimate nonprofit?
- Yes. David F and Margaret T Grohne Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-4061509, based in Western Sprgs, Illinois. Donations are tax-deductible.
- What is David F and Margaret T Grohne Family Foundation's EIN?
- David F and Margaret T Grohne Family Foundation's Employer Identification Number (EIN) is 36-4061509.
- How much revenue does David F and Margaret T Grohne Family Foundation report?
- David F and Margaret T Grohne Family Foundation reported $17,672,001 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does David F and Margaret T Grohne Family Foundation have?
- CharityIndex grades David F and Margaret T Grohne Family Foundation C+, based on financial health (reserves and operating margin).
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Data for David F and Margaret T Grohne Family Foundation (EIN 36-4061509) 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.