Fred B Snite Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Fred B Snite Foundation is a 501(c)(3) organization based in Lake Forest, Illinois, registered in 1947, with $784,941 in FY2024 revenue. CharityIndex grades it F.
736 N Western Avenue Suite 394, Lake Forest, IL, 60045 EIN 36-6084839 Since 1947
Revenue (FY2024)
$785K
▲ 139.6% vs prior year
Expenses (FY2024)
$1.5M
Net assets
$15.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Fred B Snite Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating120 mo reserves · -91% 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 Fred B Snite Foundation: 120 mo reserves · -91% margin earns a F 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 Fred B Snite 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 Fred B Snite Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 736 N Western Avenue Suite 394, Lake Forest, IL, 60045
- City
- Lake Forest
- State
- Illinois
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $1.4M (FY2020) to $785K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $15.1M
Operating margin
-91.4%
Spent more than it raised in the latest fiscal year.
Total assets
$15.1M
Total liabilities
$0
Net assets
$15.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $784,941▲140% | $1,502,550▲23.2% | $15,052,148▼2.0% | $15,052,148▼2.0% | 990PF |
| 2023 | $327,554▼35.7% | $1,219,969▼1.2% | $15,360,277▼3.4% | $15,360,277▼3.4% | 990PF |
| 2022 | $509,605▼37.7% | $1,234,852▲0.2% | $15,894,128▼2.9% | $15,894,128▼2.9% | 990PF |
| 2021 | $817,706▼40.0% | $1,232,331▲20.8% | $16,372,537 | $16,372,537 | 990PF |
| 2020 | $1,362,115 | $1,020,483 | $16,368,236 | $16,368,236 | 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 Fred B Snite Foundation a legitimate nonprofit?
- Yes. Fred B Snite Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-6084839, based in Lake Forest, Illinois. Donations are tax-deductible.
- What is Fred B Snite Foundation's EIN?
- Fred B Snite Foundation's Employer Identification Number (EIN) is 36-6084839.
- How much revenue does Fred B Snite Foundation report?
- Fred B Snite Foundation reported $784,941 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Fred B Snite Foundation have?
- CharityIndex grades Fred B Snite Foundation F, based on financial health (reserves and operating margin).
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Data for Fred B Snite Foundation (EIN 36-6084839) 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.