Harold C Smith Foundation is a 501(c)(3) organization based in Wheaton, Illinois, registered in 2015, with $2,228,395 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$2.2M
▼ 57.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$6.1M
Net assets
$79.0M
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 Harold C Smith 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 Harold C Smith Foundation: 155 mo reserves · -175% margin earns a F 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 Harold C Smith 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 Harold C Smith Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $40K (FY2015) to $2.2M (FY2023) across 9 reported years.
Financial snapshot
Operating margin
-174.7%
Spent more than it raised in the latest fiscal year.
Total assets
$79.0M
Total liabilities
$37K
Net assets
$79.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,228,395▼57.1% | $6,122,455▼33.7% | $78,950,041▲5.5% | $78,987,384▲5.5% | 990PF |
| 2022 | $5,190,478▼34.8% | $9,233,807▲12.9% | $74,819,359▼25.7% | $74,865,803▼25.7% | 990PF |
| 2021 | $7,966,048▲57.4% | $8,180,709▼2.3% | $100,749,324▲5.4% | $100,804,006▲5.4% | 990PF |
| 2020 | $5,062,017▼93.3% | $8,372,974▲2.2% | $95,611,742▲38.1% | $95,657,345▲38.1% | 990PF |
| 2019 | $75,677,380▲925% | $8,191,697▲40.2% | $69,257,421▲3809% | $69,271,347▲3794% | 990PF |
| 2018 | $7,383,069▲62692% | $5,840,879▲1454% | $1,771,738▲672% | $1,778,812▲675% | 990PF |
| 2017 | $11,758▼98.4% | $375,794▲167% | $229,548▼61.3% | $229,548▼61.3% | 990PF |
| 2016 | $713,979▲1685% | $140,571▲609% | $593,584▲2842% | $593,584▲2842% | 990PF |
| 2015 | $40,001 | $19,825 | $20,176 | $20,176 | 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.
Highest-paid: Vanessa Jerome — $241,500 (3.94% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Vanessa Jerome | President and Ceo | 40 | $241,500 |
| Denny Matthews | Director (thru 04/29/2023) | 5 | — |
| Donald Gehlbach | Director (thru 08/19/2023) | 5 | — |
| Hans Anderson | Director | 5 | — |
| Jeffrey Whittle | Director, Chairperson | 5 | — |
| Margaret Lemaire | Director, Treasurer (joined 8/19/2023) | 5 | — |
| Pierre Arty | Director, Secretary | 5 | — |
Explore more
Data for Harold C Smith Foundation (EIN 47-1491651) 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.