Springfield Illinois African-american History Foundatio is a 501(c)(3) organization based in Springfield, Illinois, registered in 2014, with $254,844 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$255K
▲ 45.8% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$206K
Net assets
$284K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Springfield Illinois African-american History Foundatio— 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 Springfield Illinois African-american History Foundatio: 17 mo reserves · +19% margin earns a A 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 Springfield Illinois African-american History Foundatio— 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 Springfield Illinois African-american History Foundatio: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $123K (FY2016) to $255K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
19.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$285K
Total liabilities
$1,191
Net assets
$284K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $254,844▲45.8% | $205,727▲28.8% | $283,985▲23.0% | $285,176▲21.1% | 990 |
| 2023 | $174,819▲62.5% | $159,755▲135% | $230,891▲10.7% | $235,482▲12.5% | 990 |
| 2022 | $107,605▲16.4% | $67,883▲37.9% | $208,539▲13.9% | $209,359▲14.3% | 990 |
| 2021 | $92,478▲33.5% | $49,238▲7.6% | $183,038▲35.4% | $183,207▲28.1% | 990 |
| 2020 | $69,281▼18.4% | $45,747▼28.5% | $135,142▲21.1% | $142,972▲19.5% | 990 |
| 2019 | $84,890▲43.7% | $63,954▼5.0% | $111,607▲23.1% | $119,645▲31.2% | 990 |
| 2018 | $59,086▼1.1% | $67,297▲49.5% | $90,687▼5.5% | $91,196▼5.2% | 990 |
| 2017 | $59,713▼51.4% | $45,001▼46.4% | $95,970▲18.1% | $96,211▲18.4% | 990 |
| 2016 | $122,749 | $83,941 | $81,258 | $81,258 | 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.
3 grants to Springfield Illinois African-american History Foundatio totaling $27K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Memorial Health System | See part iv african american history summer day camp | 2021 | $9,965 |
| Memorial Health System | See part iv provided support to continue the museums mission of identifying, collecting, maintaining and exhibiting the histories of african americans with a focus on central illinois. | 2019 | $7,500 |
| Memorial Health System | See part ivdonation for new museum and exhibits honoring contributions of african americans, with particular focus on outreach to minority youth in the community. | 2015 | $10,000 |
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Data for Springfield Illinois African-american History Foundatio (EIN 02-0775028) 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.