Michael & Suzanne Carusillo Charitable Foundation
Only null% goes to programs Growing revenue
Michael & Suzanne Carusillo Charitable Foundation is a 501(c)(3) organization based in Itasca, Illinois, registered in 1996, with $215,039 in FY2024 revenue. CharityIndex grades it C+.
C/o Ocnr Ptshp 1 Pierce Pl 225w, Itasca, IL, 60143 EIN 36-7129916 Since 1996
Revenue (FY2024)
$215K
▲ 126.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$212K
Net assets
$28K
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 Michael & Suzanne Carusillo Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +1% 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 Michael & Suzanne Carusillo Charitable Foundation: 2 mo reserves · +1% 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 Michael & Suzanne Carusillo Charitable 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 Michael & Suzanne Carusillo Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- C/o Ocnr Ptshp 1 Pierce Pl 225w, Itasca, IL, 60143
- City
- Itasca
- State
- Illinois
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $67K (FY2013) to $215K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $28K
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$28K
Total liabilities
$0
Net assets
$28K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $215,039▲127% | $211,915▲141% | $28,248▲12.4% | $28,248▲12.4% | 990PF |
| 2023 | $94,897▼62.0% | $88,015▼66.1% | $25,124▲37.7% | $25,124▲37.7% | 990PF |
| 2022 | $250,010▲216% | $259,930▲271% | $18,242▼35.2% | $18,242▼35.2% | 990PF |
| 2021 | $79,202▲197905% | $70,000▲14.4% | $28,162▲55.1% | $28,162▲55.1% | 990PF |
| 2020 | $40▼99.9% | $61,215▲74.8% | $18,160▼77.3% | $18,160▼77.3% | 990PF |
| 2019 | $64,401▲35.2% | $35,015▼4.9% | $80,135▲289% | $80,135▲289% | 990PF |
| 2018 | $47,617▲1190325% | $36,830▲11.6% | $20,577▲140% | $20,577▲140% | 990PF |
| 2017 | $4▼42.9% | $33,000▼61.0% | $8,590▼79.3% | $8,590▼79.3% | 990PF |
| 2016 | $7▼100.0% | $84,565▲77.8% | $41,586▼67.3% | $41,586▼67.3% | 990PF |
| 2015 | $46,483▼19.6% | $47,565▲26.6% | $127,344▼0.8% | $127,344▼0.8% | 990PF |
| 2014 | $57,802▼13.2% | $37,575▲198% | $128,426▲18.7% | $128,426▲18.7% | 990PF |
| 2013 | $66,589 | $12,630▼13.2% | $108,199▼3.5% | $108,199▼3.5% | 990PF |
| 2012 | — | $14,554▼52.4% | $112,113▲6625% | $112,113▲6625% | 990PF |
| 2011 | — | $30,550▼4.9% | $1,667▼94.8% | $1,667▼94.8% | 990PF |
| 2010 | — | $32,109 | $32,217 | $32,217 | 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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Frequently asked questions
- Is Michael & Suzanne Carusillo Charitable Foundation a legitimate nonprofit?
- Yes. Michael & Suzanne Carusillo Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-7129916, based in Itasca, Illinois. Donations are tax-deductible.
- What is Michael & Suzanne Carusillo Charitable Foundation's EIN?
- Michael & Suzanne Carusillo Charitable Foundation's Employer Identification Number (EIN) is 36-7129916.
- How much revenue does Michael & Suzanne Carusillo Charitable Foundation report?
- Michael & Suzanne Carusillo Charitable Foundation reported $215,039 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Michael & Suzanne Carusillo Charitable Foundation have?
- CharityIndex grades Michael & Suzanne Carusillo Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for Michael & Suzanne Carusillo Charitable Foundation (EIN 36-7129916) 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.