Thomas & Maureen Oconnor Family Foundation is a 501(c)(3) organization based in Bourbonnais, Illinois, registered in 2007, with $93,530 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$94K
▲ 223.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$229K
Net assets
$4.4M
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 Thomas & Maureen Oconnor 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 Thomas & Maureen Oconnor Family Foundation: 233 mo reserves · -144% margin earns a F 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 Thomas & Maureen Oconnor 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 Thomas & Maureen Oconnor Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $183K (FY2015) to $94K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-144.3%
Spent more than it raised in the latest fiscal year.
Total assets
$4.4M
Total liabilities
$0
Net assets
$4.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $93,530▲223% | $228,515▲32.6% | $4,438,442▲3.7% | $4,438,442▲3.7% | 990PF |
| 2023 | $28,919▼81.7% | $172,375▲8.8% | $4,279,539▲14.2% | $4,279,539▲14.2% | 990PF |
| 2022 | $158,324▼9.2% | $158,450▲11.9% | $3,745,822▲24.9% | $3,745,822▲24.9% | 990PF |
| 2021 | $174,383▲99.0% | $141,600▲23.8% | $2,999,018▼7.8% | $2,999,018▼7.8% | 990PF |
| 2020 | $87,624▼48.7% | $114,350▲12.3% | $3,254,048▲34.6% | $3,254,048▲34.6% | 990PF |
| 2019 | $170,678▼14.8% | $101,805▲0.8% | $2,417,430▲25.5% | $2,417,430▲25.5% | 990PF |
| 2018 | $200,338▲14.8% | $100,950▲19.0% | $1,926,845▲14.8% | $1,926,845▲14.8% | 990PF |
| 2017 | $174,515▲12.3% | $84,800▲19.0% | $1,678,984▲19.2% | $1,678,984▲19.2% | 990PF |
| 2016 | $155,364▼15.1% | $71,250▲26.1% | $1,408,641▲25.1% | $1,408,641▲25.1% | 990PF |
| 2015 | $183,098 | $56,500 | $1,125,778 | $1,125,778 | 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 Thomas & Maureen Oconnor Family Foundation (EIN 20-5988817) 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.