Leonard P Reaume Memorial Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Leonard P Reaume Memorial Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 1987, with $126,385 in FY2024 revenue. CharityIndex grades it C+.
430 N Michigan, Chicago, IL, 60611 EIN 36-3495865 Since 1987
Revenue (FY2024)
$126K
▼ 8.7% vs prior year
Expenses (FY2024)
$121K
Net assets
$2.3M
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 Leonard P Reaume Memorial 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 rating225 mo reserves · +4% 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 Leonard P Reaume Memorial Foundation: 225 mo reserves · +4% 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 Leonard P Reaume Memorial 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 Leonard P Reaume Memorial 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 declined from $169K (FY2017) to $126K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4,285Net assets $2.3M
Operating margin
4.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$4,285
Net assets
$2.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $126,385▼8.7% | $120,821▲0.4% | $2,269,344▲3.5% | $2,273,629▲3.5% | 990PF |
| 2023 | $138,423▲219% | $120,332▼11.7% | $2,193,605▲8.2% | $2,196,805▲8.2% | 990PF |
| 2022 | $43,353▼77.1% | $136,296▲22.9% | $2,028,175▼21.1% | $2,030,735▼21.1% | 990PF |
| 2021 | $189,188▲2259% | $110,917▲64.3% | $2,570,744▲6.4% | $2,573,244▲6.4% | 990PF |
| 2020 | -$8,762▼111% | $67,526▼62.2% | $2,415,878▲6.2% | $2,418,378▲4.4% | 990PF |
| 2019 | $81,433▼20.5% | $178,708▲46.4% | $2,275,032▲9.3% | $2,317,532▲11.4% | 990PF |
| 2018 | $102,383▼39.5% | $122,031▲169% | $2,080,579▼12.4% | $2,080,579▼12.4% | 990PF |
| 2017 | $169,268 | $45,421 | $2,376,090 | $2,376,090 | 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 Leonard P Reaume Memorial Foundation a legitimate nonprofit?
- Yes. Leonard P Reaume Memorial Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-3495865, based in Chicago, Illinois. Donations are tax-deductible.
- What is Leonard P Reaume Memorial Foundation's EIN?
- Leonard P Reaume Memorial Foundation's Employer Identification Number (EIN) is 36-3495865.
- How much revenue does Leonard P Reaume Memorial Foundation report?
- Leonard P Reaume Memorial Foundation reported $126,385 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Leonard P Reaume Memorial Foundation have?
- CharityIndex grades Leonard P Reaume Memorial Foundation C+, based on financial health (reserves and operating margin).
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Data for Leonard P Reaume Memorial Foundation (EIN 36-3495865) 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.