Franson-risberg Memorial Mission is a 501(c)(3) organization based in Chicago, Illinois, registered in 1966, with $201,709 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$202K
▲ 12.0% vs prior year
Expenses (FY2024)
$123K
Net assets
$326K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Franson-risberg Memorial Mission— 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 Franson-risberg Memorial Mission: 32 mo reserves · +39% margin earns a A 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 Franson-risberg Memorial Mission— 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 Franson-risberg Memorial Mission: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $166K (FY2017) to $202K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
39.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$326K
Total liabilities
$168
Net assets
$326K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $201,709▲12.0% | $122,756▼41.9% | $325,945▲27.9% | $326,113▲28.0% | 990 |
| 2023 | $180,119▲9.0% | $211,276▲15.6% | $254,748▼6.2% | $254,748▼6.2% | 990 |
| 2022 | $165,296▼4.8% | $182,770▲5.5% | $271,442▼7.5% | $271,442▼7.5% | 990 |
| 2021 | $173,679▲15.9% | $173,288▲74.7% | $293,443▲4.0% | $293,443▲3.9% | 990 |
| 2020 | $149,850▼8.5% | $99,219▼4.8% | $282,172▲21.9% | $282,536▲21.9% | 990 |
| 2019 | $163,787▼2.2% | $104,177▼21.1% | $231,541▲34.7% | $231,743▲34.7% | 990 |
| 2018 | $167,445▲0.9% | $131,973▼44.2% | $171,931▲26.0% | $172,092▲25.2% | 990 |
| 2017 | $165,967 | $236,614 | $136,459 | $137,446 | 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.
2 grants to Franson-risberg Memorial Mission totaling $9,898, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Poverty | 2018 | $5,452 |
| National Christian Charitable Foundation | Poverty | 2017 | $4,446 |
Explore more
Data for Franson-risberg Memorial Mission (EIN 36-6144183) 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.