Eugene E Myers Testamentary Foundation
Only null% goes to programs Strong reserves
Eugene E Myers Testamentary Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 2005, with $446,549 in FY2024 revenue. CharityIndex grades it C.
Po Box 803878, Chicago, IL, 60680 EIN 65-6408760 Since 2005
Revenue (FY2024)
$447K
▲ 25.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$556K
Net assets
$6.9M
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 Eugene E Myers Testamentary Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating150 mo reserves · -25% 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 Eugene E Myers Testamentary Foundation: 150 mo reserves · -25% margin earns a C+ 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 Eugene E Myers Testamentary 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 Eugene E Myers Testamentary Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 803878, Chicago, IL, 60680
- City
- Chicago
- State
- Illinois
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $166K (FY2019) to $447K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $6.9M
Operating margin
-24.6%
Spent more than it raised in the latest fiscal year.
Total assets
$6.9M
Total liabilities
$0
Net assets
$6.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $446,549▲25.8% | $556,430▼0.6% | $6,944,392▼1.6% | $6,944,392▼1.6% | 990PF |
| 2023 | $355,044▼50.1% | $559,975▲4.5% | $7,055,711▼2.8% | $7,055,711▼2.8% | 990PF |
| 2022 | $711,559▲69.5% | $536,017▲2.5% | $7,261,008▲2.1% | $7,261,008▲2.1% | 990PF |
| 2021 | $419,885▼39.8% | $522,913▼1.5% | $7,108,386▼1.2% | $7,108,386▼1.2% | 990PF |
| 2020 | $697,406▲320% | $531,113▼0.2% | $7,192,178▲2.4% | $7,192,178▲2.4% | 990PF |
| 2019 | $165,933 | $532,102 | $7,026,697 | $7,026,697 | 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 Eugene E Myers Testamentary Foundation a legitimate nonprofit?
- Yes. Eugene E Myers Testamentary Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-6408760, based in Chicago, Illinois. Donations are tax-deductible.
- What is Eugene E Myers Testamentary Foundation's EIN?
- Eugene E Myers Testamentary Foundation's Employer Identification Number (EIN) is 65-6408760.
- How much revenue does Eugene E Myers Testamentary Foundation report?
- Eugene E Myers Testamentary Foundation reported $446,549 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Eugene E Myers Testamentary Foundation have?
- CharityIndex grades Eugene E Myers Testamentary Foundation C, based on financial health (reserves and operating margin).
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Data for Eugene E Myers Testamentary Foundation (EIN 65-6408760) 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.