Maxwell M Corpening Jr Memorial Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Maxwell M Corpening Jr Memorial Trust is a 501(c)(3) organization based in Chicago, Illinois, registered in 1967, with $909,845 in FY2024 revenue. CharityIndex grades it C+.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 36-6479344 Since 1967
Revenue (FY2024)
$910K
▲ 54.6% vs prior year
Expenses (FY2024)
$828K
Net assets
$10.4M
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 Maxwell M Corpening Jr Memorial Trust— 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 rating151 mo reserves · +9% 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 Maxwell M Corpening Jr Memorial Trust: 151 mo reserves · +9% 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 Maxwell M Corpening Jr Memorial Trust— 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 Maxwell M Corpening Jr Memorial Trust: 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 $935K (FY2017) to $910K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $10.4M
Operating margin
9.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.4M
Total liabilities
$0
Net assets
$10.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $909,845▲54.6% | $828,259▼1.5% | $10,421,457▲0.7% | $10,421,457▲0.7% | 990PF |
| 2023 | $588,396▲96.3% | $840,873▼7.3% | $10,353,650▼2.4% | $10,353,650▼2.4% | 990PF |
| 2022 | $299,814▼69.5% | $907,442▲13.4% | $10,608,593▼5.4% | $10,608,593▼5.4% | 990PF |
| 2021 | $981,737▲19.2% | $799,913▲3.6% | $11,216,584▲1.7% | $11,216,584▲1.7% | 990PF |
| 2020 | $823,903▼7.7% | $772,201▼0.4% | $11,032,738▲0.5% | $11,032,738▲0.5% | 990PF |
| 2019 | $892,464▼18.3% | $775,657▲5.7% | $10,980,921▲1.1% | $10,980,921▲1.1% | 990PF |
| 2018 | $1,092,929▲16.9% | $733,792▲8.3% | $10,866,067▲3.4% | $10,866,067▲3.4% | 990PF |
| 2017 | $934,812 | $677,777▲2.5% | $10,507,099▼7.9% | $10,507,099▼7.9% | 990PF |
| 2010 | — | $660,954 | $11,406,241 | $11,406,241 | 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 Maxwell M Corpening Jr Memorial Trust a legitimate nonprofit?
- Yes. Maxwell M Corpening Jr Memorial Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-6479344, based in Chicago, Illinois. Donations are tax-deductible.
- What is Maxwell M Corpening Jr Memorial Trust's EIN?
- Maxwell M Corpening Jr Memorial Trust's Employer Identification Number (EIN) is 36-6479344.
- How much revenue does Maxwell M Corpening Jr Memorial Trust report?
- Maxwell M Corpening Jr Memorial Trust reported $909,845 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Maxwell M Corpening Jr Memorial Trust have?
- CharityIndex grades Maxwell M Corpening Jr Memorial Trust C+, based on financial health (reserves and operating margin).
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Data for Maxwell M Corpening Jr Memorial Trust (EIN 36-6479344) 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.