Edward and Lucy R Minor Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Edward and Lucy R Minor Foundation Inc is a 501(c)(3) organization based in Chicago, Illinois, registered in 1970, with $387,810 in FY2024 revenue. CharityIndex grades it C+.
Wshs Cpas - 180 N Lasalle St 2, Chicago, IL, 60601 EIN 23-7071065 Since 1970
Revenue (FY2024)
$388K
▲ 191.7% vs prior year
Expenses (FY2024)
$247K
Net assets
$3.2M
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 Edward and Lucy R Minor 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 rating156 mo reserves · +36% 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 Edward and Lucy R Minor Foundation Inc: 156 mo reserves · +36% 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 Edward and Lucy R Minor 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 Edward and Lucy R Minor Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $177K (FY2020) to $388K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.2M
Operating margin
36.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.2M
Total liabilities
$0
Net assets
$3.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $387,810▲192% | $247,032▼10.9% | $3,210,335▲4.6% | $3,210,335▲4.6% | 990PF |
| 2023 | $132,933▼38.9% | $277,400▲193% | $3,069,557▼4.5% | $3,069,557▼4.5% | 990PF |
| 2022 | $217,597▲96.5% | $94,676▼35.0% | $3,214,024▲2.5% | $3,214,024▲2.5% | 990PF |
| 2021 | $110,722▼37.3% | $145,750▼7.3% | $3,134,657▼0.3% | $3,134,657▼0.3% | 990PF |
| 2020 | $176,695 | $157,245 | $3,145,348 | $3,145,348 | 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.
Frequently asked questions
- Is Edward and Lucy R Minor Foundation Inc a legitimate nonprofit?
- Yes. Edward and Lucy R Minor Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7071065, based in Chicago, Illinois. Donations are tax-deductible.
- What is Edward and Lucy R Minor Foundation Inc's EIN?
- Edward and Lucy R Minor Foundation Inc's Employer Identification Number (EIN) is 23-7071065.
- How much revenue does Edward and Lucy R Minor Foundation Inc report?
- Edward and Lucy R Minor Foundation Inc reported $387,810 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Edward and Lucy R Minor Foundation Inc have?
- CharityIndex grades Edward and Lucy R Minor Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Edward and Lucy R Minor Foundation Inc (EIN 23-7071065) 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.