John J Corning Trust U/w
Only null% goes to programs Strong reserves Declining revenue
John J Corning Trust U/w is a 501(c)(3) organization based in Dallas, Texas, registered in 1942, with $1,981,420 in FY2024 revenue. CharityIndex grades it C+.
Po Box 653067, Dallas, TX, 75265 EIN 06-6027742 Since 1942
Revenue (FY2024)
$2.0M
▲ 191.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.3M
Net assets
$20.2M
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 John J Corning Trust U/w— 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 rating187 mo reserves · +34% 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 John J Corning Trust U/w: 187 mo reserves · +34% 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 John J Corning Trust U/w— 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 John J Corning Trust U/w: 1 of 5 disclosure signals earns a D 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
- Address
- Po Box 653067, Dallas, TX, 75265
- City
- Dallas
- State
- Texas
- Subcategory
- Philanthropy Programs
Financial trends
Revenue grew from $666K (FY2014) to $2.0M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $20.2M
Operating margin
34.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$20.2M
Total liabilities
$0
Net assets
$20.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,981,420▲192% | $1,299,353▲29.9% | $20,231,195▲3.4% | $20,231,195▲3.4% | 990PF |
| 2023 | $679,060▲800% | $1,000,312▼28.2% | $19,564,793▼2.0% | $19,564,793▼2.0% | 990PF |
| 2022 | -$97,059▼102% | $1,393,199▲6.9% | $19,972,021▼6.0% | $19,972,021▼6.0% | 990PF |
| 2021 | $4,005,198▲244% | $1,303,082▲6.0% | $21,254,964▲14.4% | $21,254,964▲14.4% | 990PF |
| 2020 | $1,164,191▲2.7% | $1,229,031▲21.1% | $18,583,097▼0.6% | $18,583,097▼0.6% | 990PF |
| 2019 | $1,133,092▼48.8% | $1,014,670▼1.4% | $18,689,953▲1.4% | $18,689,953▲1.4% | 990PF |
| 2017 | $2,212,632▲400% | $1,029,379▲1.0% | $18,434,688▲4.7% | $18,434,688▲4.7% | 990PF |
| 2016 | $442,272▼40.0% | $1,019,458▼7.0% | $17,606,201▼3.6% | $17,606,201▼3.6% | 990PF |
| 2015 | $737,654▲10.7% | $1,096,718▼0.9% | $18,269,108▼0.9% | $18,269,108▼0.9% | 990PF |
| 2014 | $666,434 | $1,107,122 | $18,442,028 | $18,442,028 | 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.
Similar organizations in Philanthropy
Compare John J Corning Trust U/w
Frequently asked questions
- Is John J Corning Trust U/w a legitimate nonprofit?
- Yes. John J Corning Trust U/w is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-6027742, based in Dallas, Texas. Donations are tax-deductible.
- What is John J Corning Trust U/w's EIN?
- John J Corning Trust U/w's Employer Identification Number (EIN) is 06-6027742.
- How much revenue does John J Corning Trust U/w report?
- John J Corning Trust U/w reported $1,981,420 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does John J Corning Trust U/w have?
- CharityIndex grades John J Corning Trust U/w C+, based on financial health (reserves and operating margin).
More nonprofits in Dallas
Explore more
Data for John J Corning Trust U/w (EIN 06-6027742) 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.