Vga Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 2014, with $20,332 in FY2020 revenue. CharityIndex grades it C+.
Revenue (FY2020)
$20K
Arts & Culture median: $159K
Expenses (FY2020)
$10K
Net assets
$32K
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 Vga 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 Vga Foundation: 37 mo reserves · +49% 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 Vga 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 Vga Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Financial snapshot
Operating margin
48.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$33K
Total liabilities
$687
Net assets
$32K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2020 | $20,332 | $10,457 | $32,106 | $32,793 | 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.
5 grants to Vga Foundation totaling $69K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Baby2baby | In-kind donations of program supplies for needy families | 2024 | $15,159 |
| Baby2baby | In-kind donations of program supplies for needy families | 2023 | $19,422 |
| Ncrc Community Development Fund Inc | Illinois coronavirus fiscal recovery funds | 2023 | $15,000 |
| Baby2baby | In-kind donations of program supplies for needy families | 2022 | $9,070 |
| The Chicago Community Trust | See attached. | 2016 | $10,000 |
Explore more
Data for Vga Foundation (EIN 47-2092466) 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.