Grace M Freeman Art Four Th Trust
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Grace M Freeman Art Four Th Trust is a 501(c)(92) organization based in Chicago, Illinois, registered in 1970, with $13,780 in FY2024 revenue. CharityIndex grades it C.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 22-6092592 Since 1970
Revenue (FY2024)
$14K
▲ 24.9% vs prior year
Expenses (FY2024)
$15K
Net assets
$189K
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 M Freeman Art Four Th Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating148 mo reserves · -11% 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 M Freeman Art Four Th Trust: 148 mo reserves · -11% margin earns a C+ 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 M Freeman Art Four Th 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 M Freeman Art Four Th 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 $12K (FY2019) to $14K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $189K
Operating margin
-11.0%
Spent more than it raised in the latest fiscal year.
Total assets
$189K
Total liabilities
$0
Net assets
$189K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $13,780▲24.9% | $15,298▼0.8% | $189,041▼1.0% | $189,041▼1.0% | 990PF |
| 2023 | $11,035▲128% | $15,426▼9.3% | $191,037▼2.4% | $191,037▼2.4% | 990PF |
| 2022 | $4,830▼73.8% | $16,999▲5.9% | $195,813▼5.9% | $195,813▼5.9% | 990PF |
| 2021 | $18,444▲42.8% | $16,046▲4.5% | $208,042▲1.2% | $208,042▲1.2% | 990PF |
| 2020 | $12,915▲10.1% | $15,352▼1.0% | $205,627▼1.2% | $205,627▼1.2% | 990PF |
| 2019 | $11,727 | $15,502▲98.2% | $208,102▼4.9% | $208,102▼4.9% | 990PF |
| 2011 | — | $7,820▼0.5% | $218,723▲3.5% | $218,723▲3.5% | 990 |
| 2010 | — | $7,858 | $211,378 | $211,378 | 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.
Frequently asked questions
- Is Grace M Freeman Art Four Th Trust a legitimate nonprofit?
- Yes. Grace M Freeman Art Four Th Trust is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 22-6092592, based in Chicago, Illinois.
- What is Grace M Freeman Art Four Th Trust's EIN?
- Grace M Freeman Art Four Th Trust's Employer Identification Number (EIN) is 22-6092592.
- How much revenue does Grace M Freeman Art Four Th Trust report?
- Grace M Freeman Art Four Th Trust reported $13,780 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Grace M Freeman Art Four Th Trust have?
- CharityIndex grades Grace M Freeman Art Four Th Trust C, based on financial health (reserves and operating margin).
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Data for Grace M Freeman Art Four Th Trust (EIN 22-6092592) 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.