Illinois S O Foundation is a 501(c)(3) organization based in Normal, Illinois, registered in 2013, with $328,089 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$328K
▲ 1.1% vs prior year
Human Services median: $293K
Expenses (FY2024)
$231K
Net assets
$5.1M
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 Illinois S O 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 Illinois S O Foundation: 266 mo reserves · +30% 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 Illinois S O 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 Illinois S O Foundation: 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.
Revenue grew from $171K (FY2017) to $328K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
29.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.2M
Total liabilities
$24K
Net assets
$5.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $328,089▲1.1% | $230,929▲480% | $5,127,461▲11.0% | $5,151,587▲10.9% | 990 |
| 2023 | $324,508▼73.2% | $39,838▼12.4% | $4,620,273▲18.5% | $4,643,345▲19.0% | 990 |
| 2022 | $1,210,156▼1.0% | $45,473▲71.7% | $3,900,483▲18.6% | $3,902,151▲17.6% | 990 |
| 2021 | $1,222,417▲616% | $26,482▼96.1% | $3,290,158▲76.4% | $3,318,070▲77.2% | 990 |
| 2020 | $170,768▼86.3% | $673,844▲752% | $1,865,418▼13.4% | $1,872,688▼13.1% | 990PF |
| 2019 | $1,245,744▲570% | $79,082▼0.6% | $2,154,315▲152% | $2,154,315▲152% | 990PF |
| 2018 | $185,900▲9.0% | $79,559▼3.0% | $854,833▲5.1% | $854,833▲4.9% | 990PF |
| 2017 | $170,593 | $82,028 | $813,686 | $815,157 | 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.
Explore more
Data for Illinois S O Foundation (EIN 26-0138534) 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.