Loretta K Ricker Memorial Fund is a 501(c)(3) organization based in Chicago, Illinois, registered in 1995, with $90,964 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$91K
▲ 10.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$112K
Net assets
$1.5M
Employees
—
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 Loretta K Ricker Memorial Fund— 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 Loretta K Ricker Memorial Fund: 163 mo reserves · -24% margin earns a C+ 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 Loretta K Ricker Memorial Fund— 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 Loretta K Ricker Memorial Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $109K (FY2019) to $91K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-23.7%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $90,964▲10.1% | $112,497▲5.3% | $1,531,783▼1.4% | $1,531,783▼1.4% | 990PF |
| 2023 | $82,617▼25.5% | $106,884▼6.5% | $1,553,317▼2.0% | $1,553,317▼2.0% | 990PF |
| 2022 | $110,936▲55.3% | $114,345▼2.2% | $1,585,453▼0.2% | $1,585,453▼0.2% | 990PF |
| 2021 | $71,430▼47.6% | $116,883▲6.4% | $1,588,864▼2.8% | $1,588,864▼2.8% | 990PF |
| 2020 | $136,220▲25.5% | $109,861▲3.3% | $1,634,494▲1.6% | $1,634,494▲1.6% | 990PF |
| 2019 | $108,526 | $106,319▲4.2% | $1,608,402▼7.8% | $1,608,402▼7.8% | 990PF |
| 2010 | — | $102,009▲10.1% | $1,743,722▼1.0% | $1,743,722▼1.0% | 990PF |
| 2009 | — | $92,685 | $1,761,517 | $1,761,517 | 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.
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Data for Loretta K Ricker Memorial Fund (EIN 39-6602668) 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.