Geraldine S Violet Charitable Foundation 1001442 is a 501(c)(3) organization based in Chicago, Illinois, registered in 1998, with $191,094 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$191K
▲ 41.6% vs prior year
Expenses (FY2024)
$203K
Net assets
$2.3M
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 Geraldine S Violet Charitable Foundation 1001442— 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 Geraldine S Violet Charitable Foundation 1001442: 137 mo reserves · -6% 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 Geraldine S Violet Charitable Foundation 1001442— 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 Geraldine S Violet Charitable Foundation 1001442: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $122K (FY2019) to $191K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-6.2%
Spent more than it raised in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$0
Net assets
$2.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $191,094▲41.6% | $202,981▲9.8% | $2,317,874▼0.5% | $2,317,874▼0.5% | 990PF |
| 2023 | $134,966▼11.7% | $184,907▼4.8% | $2,329,761▼2.2% | $2,329,761▼2.2% | 990PF |
| 2022 | $152,858▲4.7% | $194,289▼3.8% | $2,381,062▼1.7% | $2,381,062▼1.7% | 990PF |
| 2021 | $146,001▼32.8% | $201,893▲18.7% | $2,422,563▼2.3% | $2,422,563▼2.3% | 990PF |
| 2020 | $217,140▲78.0% | $170,148▼5.9% | $2,478,464▲1.9% | $2,478,464▲1.9% | 990PF |
| 2019 | $121,963 | $180,835 | $2,431,477 | $2,431,477 | 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 Geraldine S Violet Charitable Foundation 1001442 (EIN 13-6952499) 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.