Thomas A Costello Legacy Foundation
Only null% goes to programs Strong reserves Declining revenue
Thomas A Costello Legacy Foundation is a 501(c)(3) organization based in Chaska, Minnesota, registered in 2022, with $86,946 in FY2025 revenue. CharityIndex grades it B.
1142 Wildwood Way, Chaska, MN, 55318 EIN 87-2721749 Since 2022
Revenue (FY2025)
$87K
▼ 0.9% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$40K
Net assets
$310K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Thomas A Costello Legacy Foundation— 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 rating93 mo reserves · +54% 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 Thomas A Costello Legacy Foundation: 93 mo reserves · +54% 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 Thomas A Costello Legacy Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Thomas A Costello Legacy Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1142 Wildwood Way, Chaska, MN, 55318
- City
- Chaska
- State
- Minnesota
- Subcategory
- Philanthropy & Charity Promotion
- Website
- …
Financial trends
Revenue declined from $220K (FY2022) to $87K (FY2025) across 4 reported years.
Financial snapshot
Financial health & position (FY2025)
Operating margin
54.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$310K
Net assets
$310K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $86,946▼0.9% | $39,815▼19.4% | $309,952▲17.9% | $309,952▲17.9% | 990EZ |
| 2024 | $87,720▼18.6% | $49,401▼15.3% | $262,821▲17.1% | $262,821▲17.1% | 990EZ |
| 2023 | $107,699▼50.9% | $58,338▲31.4% | $224,502▲28.2% | $224,502▲28.2% | 990EZ |
| 2022 | $219,541 | $44,400 | $175,141 | $175,141 | 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.
Grants received · $84K total
6 grants to Thomas A Costello Legacy Foundation totaling $84K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $6,594 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $11,500 |
| American Online Giving Foundation Inc | General support | 2023 | $7,037 |
| American Online Giving Foundation Inc | General support | 2022 | $26,314 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $7,500 |
| Donor Advised Charitable Giving | Public, societal benefit | 2021 | $25,000 |
Similar organizations in Philanthropy
Philanthropy
Sertoma Inc
Brainerd, MN
$89K
Bannual revenue
Philanthropy
Oslo Community Foundation
E Grand Forks, MN
$85K
Bannual revenue
Philanthropy
Peoples Cooperative Services Trust
Oronoco, MN
$90K
C+annual revenue
Philanthropy
Greater Nicollet Area Community Foundation
Nicollet, MN
$84K
C+annual revenue
Philanthropy
Mustaches For Kids Twin Cities
Shorewood, MN
$83K
C+annual revenue
Philanthropy
Silver Sobriety Inc
Lake Elmo, MN
$91K
Dannual revenue
- Philanthropy
Beltrami Electric Coopertive Trust
Bemidji, MN
$82K
C+annual revenue
- Philanthropy
Layla Julien Foundation
Minnetonka, MN
$81K
C+annual revenue
- Philanthropy
Mille Lacs Energy Community Trust
Aitkin, MN
$93K
C+annual revenue
- Philanthropy
Swift County Benson Hospital Foundation
Benson, MN
$81K
C+annual revenue
Compare Thomas A Costello Legacy Foundation
Frequently asked questions
- Is Thomas A Costello Legacy Foundation a legitimate nonprofit?
- Yes. Thomas A Costello Legacy Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 87-2721749, based in Chaska, Minnesota. Donations are tax-deductible.
- What is Thomas A Costello Legacy Foundation's EIN?
- Thomas A Costello Legacy Foundation's Employer Identification Number (EIN) is 87-2721749.
- How much revenue does Thomas A Costello Legacy Foundation report?
- Thomas A Costello Legacy Foundation reported $86,946 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Thomas A Costello Legacy Foundation have?
- CharityIndex grades Thomas A Costello Legacy Foundation B, based on financial health (reserves and operating margin).
More nonprofits in Chaska
Explore more
Data for Thomas A Costello Legacy Foundation (EIN 87-2721749) 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.