Foster G Mcgaw Educational Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Foster G Mcgaw Educational Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 1981, with $97,282 in FY2024 revenue. CharityIndex grades it C+.
321 N Clark St Ste 3000, Chicago, IL, 60654 EIN 36-3131160 Since 1981
Revenue (FY2024)
$97K
▲ 146.4% vs prior year
Expenses (FY2024)
$51K
Net assets
$1.2M
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 Foster G Mcgaw Educational Foundation— 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 rating290 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 Foster G Mcgaw Educational Foundation: 290 mo reserves · +48% 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 Foster G Mcgaw Educational 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 Foster G Mcgaw Educational Foundation: 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 $75K (FY2016) to $97K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.2M
Operating margin
48.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$0
Net assets
$1.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $97,282▲146% | $50,571▲42.6% | $1,223,964▲4.0% | $1,223,964▲4.0% | 990PF |
| 2023 | $39,474▲15.8% | $35,471▼31.3% | $1,177,252▲0.3% | $1,177,252▲0.3% | 990PF |
| 2022 | $34,081▼11.3% | $51,599▼32.4% | $1,173,386▼1.5% | $1,173,386▼1.5% | 990PF |
| 2021 | $38,430▲23.9% | $76,321▲25.2% | $1,190,850▼3.1% | $1,190,850▼3.1% | 990PF |
| 2020 | $31,023▼29.1% | $60,976▼29.9% | $1,228,872▼2.4% | $1,228,872▼2.4% | 990PF |
| 2019 | $43,775▼69.3% | $86,957▼40.6% | $1,258,825▼3.4% | $1,258,825▼3.4% | 990PF |
| 2018 | $142,721▲35.8% | $146,514▲22.9% | $1,302,878▲0.9% | $1,302,878▲0.9% | 990PF |
| 2017 | $105,060▲40.4% | $119,216▼25.4% | $1,290,724▼1.1% | $1,290,724▼1.1% | 990PF |
| 2016 | $74,812 | $159,745 | $1,305,030 | $1,305,030 | 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 Foster G Mcgaw Educational Foundation a legitimate nonprofit?
- Yes. Foster G Mcgaw Educational Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-3131160, based in Chicago, Illinois. Donations are tax-deductible.
- What is Foster G Mcgaw Educational Foundation's EIN?
- Foster G Mcgaw Educational Foundation's Employer Identification Number (EIN) is 36-3131160.
- How much revenue does Foster G Mcgaw Educational Foundation report?
- Foster G Mcgaw Educational Foundation reported $97,282 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Foster G Mcgaw Educational Foundation have?
- CharityIndex grades Foster G Mcgaw Educational Foundation C+, based on financial health (reserves and operating margin).
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Data for Foster G Mcgaw Educational Foundation (EIN 36-3131160) 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.