Sarah Gassert Charitable Trust 15865-00-2
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Sarah Gassert Charitable Trust 15865-00-2 is a 501(c)(3) organization based in Chicago, Illinois, registered in 1983, with $137,142 in FY2024 revenue. CharityIndex grades it C+.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 35-6387519 Since 1983
Revenue (FY2024)
$137K
▲ 49.5% vs prior year
Expenses (FY2024)
$127K
Net assets
$1.8M
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 Sarah Gassert Charitable Trust 15865-00-2— 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 rating171 mo reserves · +8% 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 Sarah Gassert Charitable Trust 15865-00-2: 171 mo reserves · +8% 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 Sarah Gassert Charitable Trust 15865-00-2— 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 Sarah Gassert Charitable Trust 15865-00-2: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $104K (FY2017) to $137K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.8M
Operating margin
7.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$0
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $137,142▲49.5% | $126,645▲11.0% | $1,800,884▲0.6% | $1,800,884▲0.6% | 990PF |
| 2023 | $91,742▲6.0% | $114,143▼12.8% | $1,789,809▼1.4% | $1,789,809▼1.4% | 990PF |
| 2022 | $86,535▼49.4% | $130,841▲9.5% | $1,814,829▼2.4% | $1,814,829▼2.4% | 990PF |
| 2021 | $170,992▲28.6% | $119,516▲8.4% | $1,859,136▲2.8% | $1,859,136▲2.8% | 990PF |
| 2020 | $133,008▲7.9% | $110,210▼0.2% | $1,807,700▲1.3% | $1,807,700▲1.3% | 990PF |
| 2019 | $123,227▼30.8% | $110,430▼0.4% | $1,784,900▲0.7% | $1,784,900▲0.7% | 990PF |
| 2018 | $177,979▲71.3% | $110,839▲11.7% | $1,772,106▲3.9% | $1,772,106▲3.9% | 990PF |
| 2017 | $103,917 | $99,192▲21.2% | $1,704,969▲4.4% | $1,704,969▲4.4% | 990PF |
| 2011 | — | $81,868▼1.7% | $1,632,393▼1.1% | $1,632,393▼1.1% | 990PF |
| 2010 | — | $83,315 | $1,650,874 | $1,650,874 | 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 Sarah Gassert Charitable Trust 15865-00-2 a legitimate nonprofit?
- Yes. Sarah Gassert Charitable Trust 15865-00-2 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-6387519, based in Chicago, Illinois. Donations are tax-deductible.
- What is Sarah Gassert Charitable Trust 15865-00-2's EIN?
- Sarah Gassert Charitable Trust 15865-00-2's Employer Identification Number (EIN) is 35-6387519.
- How much revenue does Sarah Gassert Charitable Trust 15865-00-2 report?
- Sarah Gassert Charitable Trust 15865-00-2 reported $137,142 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sarah Gassert Charitable Trust 15865-00-2 have?
- CharityIndex grades Sarah Gassert Charitable Trust 15865-00-2 C+, based on financial health (reserves and operating margin).
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Data for Sarah Gassert Charitable Trust 15865-00-2 (EIN 35-6387519) 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.