Julius W Hegeler II Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Julius W Hegeler II Foundation is a 501(c)(3) organization based in Danville, Illinois, registered in 1993, with $4,798,312 in FY2024 revenue. CharityIndex grades it C+.
1521 N Vermilion St, Danville, IL, 61832 EIN 37-1302455 Since 1993
Revenue (FY2024)
$4.8M
▲ 27.6% vs prior year
Expenses (FY2024)
$4.2M
Net assets
$56.5M
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 Julius W Hegeler II Foundation— 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 rating163 mo reserves · +13% 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 Julius W Hegeler II Foundation: 163 mo reserves · +13% 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 Julius W Hegeler II 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 Julius W Hegeler II Foundation: 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
Financial trends
Revenue grew from $636K (FY2013) to $4.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities -$1,786Net assets $56.5M
Operating margin
13.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$56.5M
Total liabilities
-$1,786
Net assets
$56.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,798,312▲27.6% | $4,152,661▲31.1% | $56,470,684▲1.0% | $56,468,898▲1.0% | 990PF |
| 2023 | $3,760,149▲4604% | $3,166,530▲52.0% | $55,930,170▲0.2% | $55,930,349▲0.2% | 990PF |
| 2022 | -$83,490▼101% | $2,083,304▼44.6% | $55,801,020▼3.7% | $55,801,468▼3.8% | 990PF |
| 2021 | $7,071,278▼83.8% | $3,758,343▲31.7% | $57,967,814▲6.1% | $57,977,961▲6.1% | 990PF |
| 2020 | $43,782,575▲433% | $2,854,043▼7.9% | $54,654,879▲298% | $54,660,175▲298% | 990PF |
| 2019 | $8,221,030▲250% | $3,097,325▼24.7% | $13,726,347▲80.4% | $13,728,640▲80.4% | 990PF |
| 2018 | $2,347,409▲184% | $4,114,305▲245% | $7,608,133▼6.4% | $7,608,133▼6.4% | 990PF |
| 2017 | $826,213▲24.8% | $1,192,229▲21.8% | $8,125,380▼4.3% | $8,125,380▼4.3% | 990PF |
| 2016 | $661,995▲60.0% | $978,480▲13.2% | $8,491,396▼3.6% | $8,493,482▼3.6% | 990PF |
| 2015 | $413,661▼67.1% | $864,301▲7.6% | $8,807,881▼4.9% | $8,807,881▼4.9% | 990PF |
| 2014 | $1,257,930▲97.7% | $803,491▼0.6% | $9,258,521▲5.2% | $9,258,521▲5.2% | 990PF |
| 2013 | $636,159 | $808,126 | $8,804,082 | $8,804,082 | 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.
Frequently asked questions
- Is Julius W Hegeler II Foundation a legitimate nonprofit?
- Yes. Julius W Hegeler II Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-1302455, based in Danville, Illinois. Donations are tax-deductible.
- What is Julius W Hegeler II Foundation's EIN?
- Julius W Hegeler II Foundation's Employer Identification Number (EIN) is 37-1302455.
- How much revenue does Julius W Hegeler II Foundation report?
- Julius W Hegeler II Foundation reported $4,798,312 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Julius W Hegeler II Foundation have?
- CharityIndex grades Julius W Hegeler II Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Danville
Explore more
Data for Julius W Hegeler II Foundation (EIN 37-1302455) 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.