Theodore J Krasnow Family Foundation is a 501(c)(3) organization based in Lombard, Illinois, registered in 1983, with $8,451 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$8,451
▲ 172.5% vs prior year
Expenses (FY2023)
$12K
Net assets
$31K
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 Theodore J Krasnow Family 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 Theodore J Krasnow Family Foundation: 30 mo reserves · -47% margin earns a D 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 Theodore J Krasnow Family 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 Theodore J Krasnow Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $11K (FY2013) to $8,451 (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-47.3%
Spent more than it raised in the latest fiscal year.
Total assets
$31K
Total liabilities
$0
Net assets
$31K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $8,451▲173% | $12,450▼54.8% | $31,330▼1.6% | $31,330▼1.6% | 990PF |
| 2022 | $3,101▲80.8% | $27,520▲36.7% | $31,829▼39.1% | $31,829▼39.1% | 990PF |
| 2021 | $1,715▼26.7% | $20,135▲10.8% | $52,227▼26.1% | $52,227▼26.1% | 990PF |
| 2020 | $2,341▲471% | $18,174▼16.1% | $70,647▼18.3% | $70,647▼18.3% | 990PF |
| 2019 | $410▼92.0% | $21,655▼6.0% | $86,480▼15.3% | $86,480▼15.3% | 990PF |
| 2018 | $5,095▼52.5% | $23,037▼13.6% | $102,074▼14.9% | $102,074▼14.9% | 990PF |
| 2017 | $10,719▲62.4% | $26,671▲69.0% | $120,016▼11.7% | $120,016▼11.7% | 990PF |
| 2016 | $6,602▲20.9% | $15,783▲3.7% | $135,968▼6.3% | $135,968▼6.3% | 990PF |
| 2015 | $5,459▼54.3% | $15,221▼48.5% | $145,149▼6.3% | $145,149▼6.3% | 990PF |
| 2014 | $11,954▲8.5% | $29,557▲20.9% | $154,911▼10.2% | $154,911▼10.2% | 990PF |
| 2013 | $11,019 | $24,451▼19.8% | $172,514▼7.2% | $172,514▼7.2% | 990PF |
| 2012 | — | $30,469 | $185,946 | $185,946 | 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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Data for Theodore J Krasnow Family Foundation (EIN 36-3209669) 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.