Tri-council Development Fund is a 501(c)(5) organization based in Aurora, Illinois, registered in 2021, with $1,462,315 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.5M
▲ 125.2% vs prior year
Community median: $184K
Expenses (FY2024)
$1.1M
Net assets
$460K
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 Tri-council Development Fund— 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 Tri-council Development Fund: 5 mo reserves · +27% 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 Tri-council Development Fund— 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 Tri-council Development Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $704K (FY2021) to $1.5M (FY2024) across 4 reported years.
Financial snapshot
Operating margin
27.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$649K
Total liabilities
$189K
Net assets
$460K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,462,315▲125% | $1,062,806▲33.3% | $460,026▲660% | $649,432▲103% | 990 |
| 2023 | $649,307▲9.8% | $797,142▲4.0% | $60,517▼71.0% | $320,308▼11.9% | 990 |
| 2022 | $591,156▼16.0% | $766,594▲62.2% | $208,352▼45.7% | $363,478▼6.5% | 990 |
| 2021 | $703,941 | $472,643 | $383,790 | $388,615 | 990 |
| 2020 | — | — | $0 | $0 | 990EZ |
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 Tri-council Development Fund (EIN 84-7030574) 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.