Iris & Douglas Tu Foundation
Only null% goes to programs Strong reserves Growing revenue
Iris & Douglas Tu Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 2006, with $37,144 in FY2025 revenue. CharityIndex grades it F.
23 W Chicago Ave Apt 4602, Chicago, IL, 60654 EIN 20-5554906 Since 2006
Revenue (FY2025)
$37K
▼ 28.4% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$56K
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Iris & Douglas Tu Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating282 mo reserves · -52% 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 Iris & Douglas Tu Foundation: 282 mo reserves · -52% margin earns a F 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 Iris & Douglas Tu Foundation— 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 Iris & Douglas Tu Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 23 W Chicago Ave Apt 4602, Chicago, IL, 60654
- City
- Chicago
- State
- Illinois
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $41K (FY2013) to $37K (FY2025) across 13 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $0Net assets $1.3M
Operating margin
-52.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$0
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $37,144▼28.4% | $56,489▲121% | $1,327,989▲12.6% | $1,327,989▲12.6% | 990PF |
| 2024 | $51,878▲52.7% | $25,504▼13.2% | $1,179,084▲22.1% | $1,179,084▲22.1% | 990PF |
| 2023 | $33,978▲97.4% | $29,384▲138% | $965,465▲22.0% | $965,465▲22.0% | 990PF |
| 2022 | $17,213▼69.6% | $12,362▼65.3% | $791,211▼18.8% | $791,211▼18.8% | 990PF |
| 2021 | $56,659▲37.9% | $35,605▲20.3% | $974,038▲29.9% | $974,038▲29.9% | 990PF |
| 2020 | $41,086▼20.7% | $29,607▼25.0% | $750,062▲18.3% | $750,062▲18.3% | 990PF |
| 2019 | $51,834▲15.7% | $39,495▲11.2% | $634,215▲31.2% | $634,215▲31.2% | 990PF |
| 2018 | $44,817▲17.5% | $35,520▲41.0% | $483,499▼5.0% | $483,499▼5.0% | 990PF |
| 2017 | $38,140▼22.9% | $25,185▼38.3% | $509,200▲22.6% | $509,200▲22.6% | 990PF |
| 2016 | $49,442▲1.3% | $40,825▼2.4% | $415,251▲12.0% | $415,251▲12.0% | 990PF |
| 2015 | $48,821▼10.6% | $41,825▼10.4% | $370,719▲1.1% | $370,719▲1.1% | 990PF |
| 2014 | $54,602▲34.1% | $46,700▲30.5% | $366,616▲14.0% | $366,616▲14.0% | 990PF |
| 2013 | $40,726 | $35,777▲3.6% | $321,593▲31.7% | $321,593▲31.7% | 990PF |
| 2012 | — | $34,522▼43.1% | $244,136▲17.5% | $244,136▲17.5% | 990PF |
| 2010 | — | $60,638 | $207,728 | $207,728 | 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.
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Frequently asked questions
- Is Iris & Douglas Tu Foundation a legitimate nonprofit?
- Yes. Iris & Douglas Tu Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-5554906, based in Chicago, Illinois. Donations are tax-deductible.
- What is Iris & Douglas Tu Foundation's EIN?
- Iris & Douglas Tu Foundation's Employer Identification Number (EIN) is 20-5554906.
- How much revenue does Iris & Douglas Tu Foundation report?
- Iris & Douglas Tu Foundation reported $37,144 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Iris & Douglas Tu Foundation have?
- CharityIndex grades Iris & Douglas Tu Foundation F, based on financial health (reserves and operating margin).
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Data for Iris & Douglas Tu Foundation (EIN 20-5554906) 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.