Walter S Herrick Sr Foundation is a 501(c)(3) organization based in Crystal Lake, Illinois, registered in 2012, with -$2,527 in FY2025 revenue. CharityIndex grades it F.
Revenue (FY2025)
-$2,527
▼ 183.6% vs prior year
Education median: $200K
Expenses (FY2025)
$335
Net assets
$18K
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 Walter S Herrick Sr 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 Walter S Herrick Sr Foundation: 631 mo reserves · -113% 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 Walter S Herrick Sr 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 Walter S Herrick Sr Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $8,489 (FY2012) to -$2,527 (FY2025) across 14 reported years.
Financial snapshot
Operating margin
-113.3%
Spent more than it raised in the latest fiscal year.
Total assets
$18K
Net assets
$18K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | -$2,527▼184% | $335▼20.0% | $17,620▼14.0% | $17,620▼14.0% | 990EZ |
| 2024 | $3,021▼36.5% | $419▼92.4% | $20,482▲14.6% | $20,482▲14.6% | 990EZ |
| 2023 | $4,755▼55.5% | $5,527▲53.6% | $17,880▼4.1% | $17,880▼4.1% | 990EZ |
| 2022 | $10,690▲294% | $3,599▲709% | $18,652▲61.3% | $18,652▲61.3% | 990EZ |
| 2021 | $2,715▼42.1% | $445▲5.2% | $11,561▲24.4% | $11,561▲24.4% | 990EZ |
| 2020 | $4,689▲872% | $423▼58.6% | $9,291▲84.9% | $9,291▲84.9% | 990EZ |
| 2019 | -$607▼109% | $1,022▼69.4% | $5,025▼24.5% | $5,025▼24.5% | 990EZ |
| 2018 | $6,850▲248% | $3,340▼5.4% | $6,654▲112% | $6,654▲112% | 990EZ |
| 2017 | -$4,622▼313% | $3,532▲396% | $3,144▼72.2% | $3,144▼72.2% | 990EZ |
| 2016 | $2,168▼45.7% | $712▲9.5% | $11,298▲14.8% | $11,298▲14.8% | 990EZ |
| 2015 | $3,995▲1352% | $650▲22.4% | $9,842▲51.5% | $9,842▲51.5% | 990EZ |
| 2014 | -$319▲83.9% | $531▲25.8% | $6,497▼11.6% | $6,497▼11.6% | 990EZ |
| 2013 | -$1,987▼123% | $422▼90.8% | $7,347▼24.7% | $7,347▼24.7% | 990EZ |
| 2012 | $8,489 | $4,606 | $9,756 | $9,756 | 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 Walter S Herrick Sr Foundation (EIN 61-1545806) 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.