Elmwood I Inc is a 501(c)(3) organization based in Decatur, Illinois, registered in 2022, with $54,274 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$54K
▲ 8.6% vs prior year
Housing median: $408K
Expenses (FY2024)
$56K
Net assets
$563K
Employees
—
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 Elmwood I Inc— 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 Elmwood I Inc: 120 mo reserves · -3% margin earns a B+ 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 Elmwood I Inc— 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 Elmwood I Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $42K (FY2021) to $54K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-3.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$494K
Net assets
$563K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $54,274▲8.6% | $56,140▲126% | $563,449▼0.3% | $1,057,597▼3.5% | 990 |
| 2023 | $49,992▼19.0% | $24,860▼73.7% | $565,315▲4.7% | $1,096,464▲2.3% | 990 |
| 2022 | $61,696▲48.4% | $94,659▲109% | $540,183▼5.8% | $1,071,969▼3.3% | 990 |
| 2021 | $41,563 | $45,240 | $573,146 | $1,109,070 | 990 |
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 Elmwood I Inc (EIN 84-4021608) 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.