Sherman & Kara Wright Foundation
Only null% goes to programs Strong reserves Declining revenue
Sherman & Kara Wright Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 2015, with $989 in FY2024 revenue. CharityIndex grades it F.
4239 S King Dr, Chicago, IL, 60653 EIN 47-2667606 Since 2015
Revenue (FY2024)
$989
▲ 27.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$2,918
Net assets
$44K
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 Sherman & Kara Wright Foundation— 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 rating181 mo reserves · -195% 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 Sherman & Kara Wright Foundation: 181 mo reserves · -195% 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 Sherman & Kara Wright 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 Sherman & Kara Wright Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 4239 S King Dr, Chicago, IL, 60653
- City
- Chicago
- State
- Illinois
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $1,943 (FY2015) to $989 (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,867Net assets $44K
Operating margin
-195.0%
Spent more than it raised in the latest fiscal year.
Total assets
$46K
Total liabilities
$1,867
Net assets
$44K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $989▲27.4% | $2,918▲1597% | $43,906▼4.3% | $45,773▼0.2% | 990PF |
| 2023 | $776▼95.4% | $172▼99.2% | $45,860▲1.3% | $45,860▲1.3% | 990PF |
| 2022 | $16,894▲327% | $21,458▲208% | $45,256▼9.7% | $45,256▼9.7% | 990PF |
| 2021 | $3,959▼77.8% | $6,969▼82.3% | $50,114▼5.7% | $50,114▼5.7% | 990PF |
| 2020 | $17,842▲341% | $39,443▲17.6% | $53,124▼28.9% | $53,124▼28.9% | 990PF |
| 2019 | $4,048▼42.3% | $33,552▲47.0% | $74,725▼29.7% | $74,725▼29.7% | 990PF |
| 2018 | $7,011▲187% | $22,827▲60.9% | $106,229▼13.3% | $106,229▼13.3% | 990PF |
| 2017 | $2,445▲25.8% | $14,190▼78.1% | $122,555▼10.7% | $122,555▼10.7% | 990PF |
| 2015 | $1,943 | $64,721 | $137,222 | $137,222 | 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 Sherman & Kara Wright Foundation a legitimate nonprofit?
- Yes. Sherman & Kara Wright Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-2667606, based in Chicago, Illinois. Donations are tax-deductible.
- What is Sherman & Kara Wright Foundation's EIN?
- Sherman & Kara Wright Foundation's Employer Identification Number (EIN) is 47-2667606.
- How much revenue does Sherman & Kara Wright Foundation report?
- Sherman & Kara Wright Foundation reported $989 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sherman & Kara Wright Foundation have?
- CharityIndex grades Sherman & Kara Wright Foundation F, based on financial health (reserves and operating margin).
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Data for Sherman & Kara Wright Foundation (EIN 47-2667606) 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.