Herbert V Prochnow Educational Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Herbert V Prochnow Educational Foundation Inc is a 501(c)(3) organization based in Madison, Wisconsin, registered in 1984, with $853,534 in FY2023 revenue. CharityIndex grades it B.
4721 S Biltmore Ln, Madison, WI, 53718 EIN 39-1466758 Since 1984
Revenue (FY2023)
$854K
▲ 96.5% vs prior year
Expenses (FY2023)
$256K
Net assets
$10.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Herbert V Prochnow Educational Foundation Inc— 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 rating488 mo reserves · +70% 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 Herbert V Prochnow Educational Foundation Inc: 488 mo reserves · +70% 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 Herbert V Prochnow Educational Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Herbert V Prochnow Educational Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $815K (FY2013) to $854K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $10.4M
Operating margin
70.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.4M
Total liabilities
$0
Net assets
$10.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $853,534▲96.5% | $255,667▼4.1% | $10,401,498▲21.5% | $10,401,498▲21.5% | 990 |
| 2022 | $434,366▼34.0% | $266,497▼8.2% | $8,559,056▼1.4% | $8,559,160▼1.4% | 990 |
| 2021 | $657,763▼16.1% | $290,367▲9.7% | $8,682,125▼7.8% | $8,682,125▼7.8% | 990 |
| 2020 | $784,334▲123% | $264,682▼47.6% | $9,416,652▲23.0% | $9,416,652▲23.0% | 990 |
| 2019 | $351,695▼52.3% | $505,216▲60.1% | $7,655,436▼0.2% | $7,655,586▼3.3% | 990 |
| 2018 | $737,144▲1.2% | $315,480▲14.4% | $7,672,251▲15.8% | $7,913,851▲14.5% | 990 |
| 2017 | $728,514▲13.1% | $275,665▲13.8% | $6,626,649▲6.5% | $6,911,399▲5.6% | 990 |
| 2016 | $644,365▲7.3% | $242,193▼62.0% | $6,224,471▲20.1% | $6,547,157▲16.1% | 990 |
| 2015 | $600,788▼1.5% | $636,970▲99.6% | $5,180,715▼3.7% | $5,640,604▼3.4% | 990 |
| 2014 | $609,652▼25.2% | $319,060▼3.2% | $5,379,041▼0.7% | $5,836,320▼1.9% | 990 |
| 2013 | $815,456 | $329,536▲46.8% | $5,415,137▲12.3% | $5,949,306▲10.7% | 990 |
| 2012 | — | $224,459▼31.4% | $4,821,422▲6.6% | $5,375,461▲6.0% | 990 |
| 2011 | — | $327,017▲16.5% | $4,521,682▲5.3% | $5,072,649▲2.3% | 990 |
| 2010 | — | $280,634▼14.3% | $4,292,374▼0.4% | $4,956,614▲7.1% | 990 |
| 2009 | — | $327,398 | $4,308,082 | $4,627,857 | 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 Herbert V Prochnow Educational Foundation Inc a legitimate nonprofit?
- Yes. Herbert V Prochnow Educational Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-1466758, based in Madison, Wisconsin. Donations are tax-deductible.
- What is Herbert V Prochnow Educational Foundation Inc's EIN?
- Herbert V Prochnow Educational Foundation Inc's Employer Identification Number (EIN) is 39-1466758.
- How much revenue does Herbert V Prochnow Educational Foundation Inc report?
- Herbert V Prochnow Educational Foundation Inc reported $853,534 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Herbert V Prochnow Educational Foundation Inc have?
- CharityIndex grades Herbert V Prochnow Educational Foundation Inc B, based on financial health (reserves and operating margin).
More nonprofits in Madison
Explore more
Data for Herbert V Prochnow Educational Foundation Inc (EIN 39-1466758) 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.