George A Bates Memorial Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 1991, with $815,698 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$816K
▲ 547.3% vs prior year
Expenses (FY2024)
$341K
Net assets
$4.8M
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 George A Bates Memorial 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 George A Bates Memorial Foundation: 170 mo reserves · +58% margin earns a B+ 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 George A Bates Memorial 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 George A Bates Memorial Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $190K (FY2013) to $816K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
58.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.8M
Total liabilities
$0
Net assets
$4.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $815,698▲547% | $341,017▼11.6% | $4,828,359▲10.9% | $4,828,359▲10.9% | 990PF |
| 2023 | $126,025▼16.2% | $385,649▼9.9% | $4,353,678▼5.6% | $4,353,678▼5.6% | 990PF |
| 2022 | $150,450▼79.0% | $427,963▲19.0% | $4,613,302▼5.7% | $4,613,302▼5.7% | 990PF |
| 2021 | $715,783▼28.9% | $359,636▲3.9% | $4,890,815▲7.9% | $4,890,815▲7.9% | 990PF |
| 2020 | $1,006,814▲723% | $346,285▲9.2% | $4,534,727▲17.1% | $4,534,727▲17.1% | 990PF |
| 2019 | $122,337▼72.6% | $317,015▲43.6% | $3,874,002▼4.8% | $3,874,002▼4.8% | 990PF |
| 2018 | $447,283▲20.5% | $220,761▲17.1% | $4,068,777▲5.9% | $4,068,777▲5.9% | 990PF |
| 2017 | $371,120▲127% | $188,569▼28.9% | $3,842,254▲5.1% | $3,842,254▲5.1% | 990PF |
| 2016 | $163,778▼45.3% | $265,189▲1.4% | $3,655,541▼2.7% | $3,655,541▼2.7% | 990PF |
| 2015 | $299,355▲36.8% | $261,559▼2.0% | $3,757,070▲1.0% | $3,757,070▲1.0% | 990PF |
| 2014 | $218,794▲15.3% | $266,814▲1.4% | $3,719,272▼1.3% | $3,719,272▼1.3% | 990PF |
| 2013 | $189,772 | $263,140▲7.2% | $3,767,292▼1.9% | $3,767,292▼1.9% | 990PF |
| 2012 | — | $245,382▼5.1% | $3,840,660▼1.3% | $3,840,660▼1.3% | 990PF |
| 2011 | — | $258,571 | $3,890,230 | $3,890,230 | 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 George A Bates Memorial Foundation (EIN 36-3747609) 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.