Florence E Kasel Testamentary Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Florence E Kasel Testamentary Trust is a 501(c)(3) organization based in Chicago, Illinois, registered in 1975, with $7,934 in FY2024 revenue. CharityIndex grades it D.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 39-6220043 Since 1975
Revenue (FY2024)
$7,934
▼ 57.8% vs prior year
Expenses (FY2024)
$12K
Net assets
$185K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Florence E Kasel Testamentary Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating188 mo reserves · -48% 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 Florence E Kasel Testamentary Trust: 188 mo reserves · -48% margin earns a D 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 Florence E Kasel Testamentary Trust— 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 Florence E Kasel Testamentary Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $12K (FY2017) to $7,934 (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $185K
Operating margin
-48.5%
Spent more than it raised in the latest fiscal year.
Total assets
$185K
Total liabilities
$0
Net assets
$185K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,934▼57.8% | $11,779▲36.5% | $184,697▼2.0% | $184,697▼2.0% | 990PF |
| 2023 | $18,801▲63.4% | $8,632▼13.4% | $188,538▲5.7% | $188,538▲5.7% | 990PF |
| 2022 | $11,504▼39.6% | $9,970▲5.0% | $178,373▲0.9% | $178,373▲0.9% | 990PF |
| 2021 | $19,060▲50.4% | $9,499▲7.6% | $176,838▲5.7% | $176,838▲5.7% | 990PF |
| 2020 | $12,675▲79.4% | $8,826▼1.2% | $167,278▲2.4% | $167,278▲2.4% | 990PF |
| 2019 | $7,064▼36.0% | $8,937▼8.0% | $163,428▼1.1% | $163,428▼1.1% | 990PF |
| 2018 | $11,035▼6.9% | $9,719▼4.7% | $165,301▲0.8% | $165,301▲0.8% | 990PF |
| 2017 | $11,858 | $10,201▼5.6% | $163,985▼9.6% | $163,985▼9.6% | 990PF |
| 2011 | — | $10,809▲25.2% | $181,340▼1.3% | $181,340▼1.3% | 990PF |
| 2010 | — | $8,636 | $183,688 | $183,688 | 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 Florence E Kasel Testamentary Trust a legitimate nonprofit?
- Yes. Florence E Kasel Testamentary Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-6220043, based in Chicago, Illinois. Donations are tax-deductible.
- What is Florence E Kasel Testamentary Trust's EIN?
- Florence E Kasel Testamentary Trust's Employer Identification Number (EIN) is 39-6220043.
- How much revenue does Florence E Kasel Testamentary Trust report?
- Florence E Kasel Testamentary Trust reported $7,934 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Florence E Kasel Testamentary Trust have?
- CharityIndex grades Florence E Kasel Testamentary Trust D, based on financial health (reserves and operating margin).
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Data for Florence E Kasel Testamentary Trust (EIN 39-6220043) 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.