Rock Island-milan Education Foundation is a 501(c)(3) organization based in Rock Island, Illinois, registered in 1994, with $1,301,287 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.3M
▲ 34.2% vs prior year
Expenses (FY2024)
$672K
Net assets
$4.7M
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 Rock Island-milan Education 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 Rock Island-milan Education Foundation: 83 mo reserves · +48% margin earns a B+ 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 Rock Island-milan Education 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 Rock Island-milan Education Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $991K (FY2016) to $1.3M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
48.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.7M
Total liabilities
$68
Net assets
$4.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,301,287▲34.2% | $672,336▲9.4% | $4,672,765▲15.6% | $4,672,833▲15.6% | 990 |
| 2023 | $969,469▲451% | $614,731▲7.6% | $4,043,814▲9.6% | $4,043,814▲9.6% | 990 |
| 2022 | $175,859▼79.4% | $571,322▲54.0% | $3,689,076▼9.7% | $3,689,076▼9.7% | 990 |
| 2021 | $853,499▲26.0% | $370,971▲9.9% | $4,084,539▲13.4% | $4,085,555▲13.4% | 990 |
| 2020 | $677,340▼28.2% | $337,521▼36.1% | $3,602,011▲10.4% | $3,602,011▲10.4% | 990 |
| 2019 | $943,130▲356% | $528,062▼30.9% | $3,262,192▲14.6% | $3,263,001▲14.6% | 990 |
| 2018 | $206,758▼79.2% | $764,704▲10.5% | $2,847,124▼16.4% | $2,848,094▼16.4% | 990 |
| 2017 | $995,592▲0.5% | $692,197▲45.4% | $3,405,070▲9.8% | $3,405,070▲9.8% | 990 |
| 2016 | $991,023 | $475,952 | $3,101,675 | $3,101,675 | 990 |
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.
13 grants to Rock Island-milan Education Foundation totaling $299K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Educational | 2024 | $25,250 |
| American Online Giving Foundation Inc | General support | 2023 | $24,830 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $21,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $12,452 |
| American Endowment Foundation | Educational | 2022 | $25,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $21,000 |
| National Philanthropic Tr | Education | 2021 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $31,400 |
| Donor Advised Charitable Giving | Education | 2020 | $5,650 |
| Donor Advised Charitable Giving | Education | 2020 | $5,650 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $54,650 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $10,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $10,700 |
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Data for Rock Island-milan Education Foundation (EIN 36-3504459) 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.