Leo J Wahl Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Leo J Wahl Foundation is a 501(c)(3) organization based in Sterling, Illinois, registered in 1987, with $75,087 in FY2024 revenue. CharityIndex grades it D.
2902 N Locust, Sterling, IL, 61081 EIN 36-3447061 Since 1987
Revenue (FY2024)
$75K
▼ 50.0% vs prior year
Expenses (FY2024)
$110K
Net assets
$78K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Leo J Wahl Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating9 mo reserves · -47% 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 Leo J Wahl Foundation: 9 mo reserves · -47% margin earns a D 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 Leo J Wahl 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 Leo J Wahl Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $50K (FY2013) to $75K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $78K
Operating margin
-47.0%
Spent more than it raised in the latest fiscal year.
Total assets
$78K
Total liabilities
$0
Net assets
$78K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $75,087▼50.0% | $110,345▼27.6% | $78,306▼31.0% | $78,306▼31.0% | 990PF |
| 2023 | $150,119▲99.9% | $152,334▲9.8% | $113,564▼1.9% | $113,564▼1.9% | 990PF |
| 2022 | $75,082▼2.8% | $138,678▲10.9% | $115,779▼35.5% | $115,779▼35.5% | 990PF |
| 2021 | $77,255▲2.8% | $125,027▲0.3% | $179,375▼21.0% | $179,375▼21.0% | 990PF |
| 2020 | $75,140▼26.0% | $124,667▲23.5% | $227,147▼17.9% | $227,147▼17.9% | 990PF |
| 2019 | $101,514▼9.8% | $100,982▼11.7% | $276,674▲0.2% | $276,674▲0.2% | 990PF |
| 2018 | $112,481▲11.1% | $114,347▲14.6% | $276,142▼0.7% | $276,142▼0.7% | 990PF |
| 2017 | $101,287▲0.7% | $99,776▲2.7% | $278,008▲0.5% | $278,008▲0.5% | 990PF |
| 2016 | $100,558 | $97,120▲46.8% | $276,497▲1.3% | $276,497▲1.3% | 990PF |
| 2015 | $100,518▲99.2% | $66,163▼16.2% | $273,059▲14.4% | $273,059▲14.4% | 990PF |
| 2014 | $50,454▲0.2% | $78,998▲61.0% | $238,704▼10.7% | $238,704▼10.7% | 990PF |
| 2013 | $50,345 | $49,081▲1.3% | $267,248▲0.5% | $267,248▲0.5% | 990PF |
| 2012 | — | $48,436▼1.7% | $265,984▲0.8% | $265,984▲0.8% | 990PF |
| 2011 | — | $49,288▲7.0% | $263,823▲0.7% | $263,823▲0.7% | 990PF |
| 2010 | — | $46,051 | $262,035 | $262,035 | 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 Leo J Wahl Foundation a legitimate nonprofit?
- Yes. Leo J Wahl Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-3447061, based in Sterling, Illinois. Donations are tax-deductible.
- What is Leo J Wahl Foundation's EIN?
- Leo J Wahl Foundation's Employer Identification Number (EIN) is 36-3447061.
- How much revenue does Leo J Wahl Foundation report?
- Leo J Wahl Foundation reported $75,087 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Leo J Wahl Foundation have?
- CharityIndex grades Leo J Wahl Foundation D, based on financial health (reserves and operating margin).
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Data for Leo J Wahl Foundation (EIN 36-3447061) 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.