Scorto 1 Nfp
Only null% goes to programs Strong reserves Declining revenue
Scorto 1 Nfp is a 501(c)(3) organization based in Chicago, Illinois, registered in 2008, with $10,000 in FY2024 revenue. CharityIndex grades it F.
1240 N Homan, Chicago, IL, 60651 EIN 26-1577354 Since 2008
Revenue (FY2024)
$10K
▼ 50.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$20K
Net assets
$12K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Scorto 1 Nfp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating7 mo reserves · -100% 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 Scorto 1 Nfp: 7 mo reserves · -100% margin earns a F 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 Scorto 1 Nfp— 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 Scorto 1 Nfp: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1240 N Homan, Chicago, IL, 60651
- City
- Chicago
- State
- Illinois
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $7 (FY2013) to $10K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
-99.5%
Spent more than it raised in the latest fiscal year.
Total assets
$0
Total liabilities
$0
Net assets
$12K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,000▼50.0% | $19,950▼45.6% | $11,750▲236% | $0▼100% | 990PF |
| 2023 | $20,000 | $36,650▲196% | $3,497▼82.6% | $3,497▼82.6% | 990PF |
| 2022 | $0▼100% | $12,381▼48.6% | $20,147▼38.1% | $20,147▼38.1% | 990PF |
| 2021 | $20,000 | $24,110▼20.7% | $32,528▼11.2% | $32,528▼11.2% | 990PF |
| 2020 | $0▼100% | $30,410▼62.6% | $36,638▼45.4% | $36,638▼45.4% | 990PF |
| 2019 | $122,500▲390% | $81,316▲56.6% | $67,048▲159% | $67,048▲159% | 990PF |
| 2018 | $25,001▼42.6% | $51,922▼21.4% | $25,864▼51.0% | $25,864▼51.0% | 990PF |
| 2017 | $43,581▼15.8% | $66,075▼4.0% | $52,785▼29.9% | $52,785▼29.9% | 990PF |
| 2016 | $51,754 | $68,840▼11.5% | $75,279▼18.5% | $75,279▼18.5% | 990PF |
| 2015 | $51,754▼49.2% | $77,775▲1.8% | $92,365▼22.0% | $92,365▼22.0% | 990PF |
| 2014 | $101,953▲1456371% | $76,375▲16.8% | $118,386▲27.6% | $118,386▲27.6% | 990PF |
| 2013 | $7 | $65,375▼18.6% | $92,808▼41.3% | $92,808▼41.3% | 990PF |
| 2012 | — | $80,268▲9.5% | $158,176▲15.7% | $158,176▲15.7% | 990PF |
| 2011 | — | $73,333▲1.1% | $136,656▼14.5% | $136,656▼14.5% | 990PF |
| 2010 | — | $72,568 | $159,861 | $159,861 | 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 Scorto 1 Nfp a legitimate nonprofit?
- Yes. Scorto 1 Nfp is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-1577354, based in Chicago, Illinois. Donations are tax-deductible.
- What is Scorto 1 Nfp's EIN?
- Scorto 1 Nfp's Employer Identification Number (EIN) is 26-1577354.
- How much revenue does Scorto 1 Nfp report?
- Scorto 1 Nfp reported $10,000 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Scorto 1 Nfp have?
- CharityIndex grades Scorto 1 Nfp F, based on financial health (reserves and operating margin).
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Data for Scorto 1 Nfp (EIN 26-1577354) 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.