Lila H Borgstrom Foundation is a 501(c)(3) organization based in Kenilworth, Illinois, registered in 2015, with $256,347 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$256K
▲ 43.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$128K
Net assets
$383K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Lila H Borgstrom Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Lila H Borgstrom Foundation: 36 mo reserves · +50% margin earns a A on this criterion. See the exact thresholds →
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 Lila H Borgstrom Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Lila H Borgstrom Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $87K (FY2019) to $256K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
50.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$383K
Total liabilities
$0
Net assets
$383K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $256,347▲43.9% | $128,000▲46.3% | $383,312▲50.3% | $383,312▲50.3% | 990 |
| 2023 | $178,115▲113% | $87,500▲45.8% | $254,965▲55.1% | $254,965▲55.1% | 990EZ |
| 2022 | $83,547▲23.1% | $60,000 | $164,350▲16.7% | $164,350▲16.7% | 990EZ |
| 2021 | $67,853▲107% | $60,000▲39.5% | $140,803▲5.9% | $140,803▲5.9% | 990EZ |
| 2020 | $32,729▼62.4% | $43,000▼28.3% | $132,950▲2.4% | $132,950▲2.4% | 990EZ |
| 2019 | $87,059 | $60,000 | $129,840 | $129,840 | 990EZ |
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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Data for Lila H Borgstrom Foundation (EIN 45-3478942) 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.