Frank & Fay Katlin Foundation is a 501(c)(3) organization based in Northbrook, Illinois, registered in 2000, with $49,701 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$50K
▼ 22.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$73K
Net assets
$713K
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 Frank & Fay Katlin Foundation— 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 Frank & Fay Katlin Foundation: 117 mo reserves · -47% margin earns a D 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 Frank & Fay Katlin Foundation— 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 Frank & Fay Katlin Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $36K (FY2016) to $50K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-47.2%
Spent more than it raised in the latest fiscal year.
Total assets
$713K
Total liabilities
$0
Net assets
$713K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $49,701▼22.4% | $73,137▲23.1% | $712,891▼3.2% | $712,891▼3.2% | 990PF |
| 2023 | $64,079▲2295% | $59,422▼26.7% | $736,327▲0.6% | $736,327▲0.6% | 990PF |
| 2022 | $2,675▼95.5% | $81,091▼6.7% | $731,670▼9.7% | $731,670▼9.7% | 990PF |
| 2021 | $59,040▲33.0% | $86,878▲45.9% | $810,086▼3.3% | $810,086▼3.3% | 990PF |
| 2020 | $44,404▲7.0% | $59,554▲18.0% | $837,924▼1.8% | $837,924▼1.8% | 990PF |
| 2019 | $41,495▼22.1% | $50,461▼30.6% | $853,074▼1.0% | $853,074▼1.0% | 990PF |
| 2018 | $53,234▲48.4% | $72,690▲36.6% | $862,040▼2.2% | $862,040▼2.2% | 990PF |
| 2017 | $35,862▼0.8% | $53,229▼8.7% | $881,496▼1.9% | $881,496▼1.9% | 990PF |
| 2016 | $36,158 | $58,306 | $898,863 | $898,863 | 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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Data for Frank & Fay Katlin Foundation (EIN 36-4318806) 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.