Dennis J Smith Legacy Foundationinc is a 501(c)(3) organization based in Kankakee, Illinois, registered in 2007, with $195,444 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$195K
▲ 54.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$183K
Net assets
$137K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Dennis J Smith Legacy Foundationinc— 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 Dennis J Smith Legacy Foundationinc: 9 mo reserves · +7% margin earns a A 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 Dennis J Smith Legacy Foundationinc— 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 Dennis J Smith Legacy Foundationinc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $133K (FY2013) to $195K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
6.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$137K
Total liabilities
$0
Net assets
$137K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $195,444▲54.7% | $182,587▲28.9% | $137,322▲10.3% | $137,322▲10.3% | 990PF |
| 2023 | $126,305▲4.2% | $141,642▼20.7% | $124,465▼11.0% | $124,465▼11.0% | 990PF |
| 2022 | $121,175▼10.9% | $178,657▲10.0% | $139,802▼29.1% | $139,802▼29.1% | 990PF |
| 2021 | $136,018▲79.1% | $162,369▲31.6% | $197,284▼11.8% | $197,284▼11.8% | 990PF |
| 2020 | $75,966▼50.6% | $123,370▼35.5% | $223,635▼17.5% | $223,635▼17.5% | 990PF |
| 2019 | $153,663▼13.2% | $191,414▼18.4% | $271,039▼12.2% | $271,039▼12.2% | 990PF |
| 2018 | $177,037▼7.8% | $234,602▲18.3% | $308,790▼15.7% | $308,790▼15.7% | 990PF |
| 2017 | $192,093▲1.6% | $198,356▲19.3% | $366,355▼1.7% | $366,355▼1.7% | 990PF |
| 2016 | $189,147▲16.3% | $166,322▲13.4% | $372,618▲6.5% | $372,618▲6.5% | 990PF |
| 2015 | $162,589▼33.0% | $146,706▲2.6% | $349,793▲4.8% | $349,793▲4.8% | 990PF |
| 2014 | $242,712▲83.0% | $143,035▲12.1% | $333,910▲42.6% | $333,910▲42.6% | 990PF |
| 2013 | $132,651 | $127,625▲12.5% | $234,233▲2.2% | $234,233▲2.2% | 990PF |
| 2012 | — | $113,471▲13.3% | $229,207▲6.4% | $229,207▲6.4% | 990PF |
| 2011 | — | $100,136▼4.0% | $215,480▲14.3% | $215,480▲14.3% | 990PF |
| 2010 | — | $104,327 | $188,479 | $188,479 | 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 Dennis J Smith Legacy Foundationinc (EIN 26-0334261) 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.