Grace L Cone Trust
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Grace L Cone Trust is a 501(c)(92) organization based in Chicago, Illinois, with $9,935 in FY2024 revenue. CharityIndex grades it C+.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 34-6816639
Revenue (FY2024)
$9,935
▼ 0.9% vs prior year
Expenses (FY2024)
$9,801
Net assets
$154K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Grace L Cone Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating188 mo reserves · +1% 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 Grace L Cone Trust: 188 mo reserves · +1% margin earns a B+ 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 Grace L Cone Trust— 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 Grace L Cone Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $9,735 (FY2017) to $9,935 (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $154K
Operating margin
1.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$154K
Total liabilities
$0
Net assets
$154K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,935▼0.9% | $9,801▲28.0% | $153,796▲1.4% | $153,796▲1.4% | 990PF |
| 2023 | $10,026▼2.3% | $7,655▼15.0% | $151,706▲0.8% | $151,706▲0.8% | 990PF |
| 2022 | $10,266▼38.2% | $9,008▲14.5% | $150,469▲1.2% | $150,469▲1.2% | 990PF |
| 2021 | $16,623▲52.1% | $7,870▲2.9% | $148,622▲5.9% | $148,622▲5.9% | 990PF |
| 2020 | $10,932▲73.9% | $7,646▼2.6% | $140,393▲2.6% | $140,393▲2.6% | 990PF |
| 2019 | $6,285▼30.9% | $7,847▼0.1% | $136,790▼1.2% | $136,790▼1.2% | 990PF |
| 2018 | $9,098▼6.5% | $7,854▲2.0% | $138,494▲1.0% | $138,494▲1.0% | 990PF |
| 2017 | $9,735 | $7,697▼21.4% | $137,132▼8.6% | $137,132▼8.6% | 990PF |
| 2011 | — | $9,787▲4.2% | $150,060▼1.7% | $150,060▼1.7% | 990PF |
| 2010 | — | $9,395 | $152,681 | $152,681 | 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 Grace L Cone Trust a legitimate nonprofit?
- Yes. Grace L Cone Trust is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 34-6816639, based in Chicago, Illinois.
- What is Grace L Cone Trust's EIN?
- Grace L Cone Trust's Employer Identification Number (EIN) is 34-6816639.
- How much revenue does Grace L Cone Trust report?
- Grace L Cone Trust reported $9,935 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Grace L Cone Trust have?
- CharityIndex grades Grace L Cone Trust C+, based on financial health (reserves and operating margin).
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Data for Grace L Cone Trust (EIN 34-6816639) 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.