Walter S Mander Foundation
Only null% goes to programs Strong reserves Declining revenue
Walter S Mander Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 1994, with $470,737 in FY2023 revenue. CharityIndex grades it D.
525 W Monroe St Ste 2360, Chicago, IL, 60661 EIN 36-3961599 Since 1994
Revenue (FY2023)
$471K
▲ 49.3% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$650K
Net assets
$7.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Walter S Mander Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating141 mo reserves · -38% 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 Walter S Mander Foundation: 141 mo reserves · -38% margin earns a D 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 Walter S Mander Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Walter S Mander Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 525 W Monroe St Ste 2360, Chicago, IL, 60661
- City
- Chicago
- State
- Illinois
- Subcategory
- Federated Giving Programs
Financial trends
Revenue declined from $593K (FY2020) to $471K (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $12KNet assets $7.6M
Operating margin
-38.1%
Spent more than it raised in the latest fiscal year.
Total assets
$7.6M
Total liabilities
$12K
Net assets
$7.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $470,737▲49.3% | $650,260▼3.2% | $7,637,626▼2.3% | $7,649,518▼2.3% | 990PF |
| 2022 | $315,241▼59.4% | $671,486▲11.3% | $7,817,149▼4.4% | $7,826,866▼4.5% | 990PF |
| 2021 | $776,162▲30.8% | $603,215▼9.1% | $8,173,394▲1.7% | $8,191,818▲1.9% | 990PF |
| 2020 | $593,480 | $663,507 | $8,037,670 | $8,037,670 | 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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Frequently asked questions
- Is Walter S Mander Foundation a legitimate nonprofit?
- Yes. Walter S Mander Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-3961599, based in Chicago, Illinois. Donations are tax-deductible.
- What is Walter S Mander Foundation's EIN?
- Walter S Mander Foundation's Employer Identification Number (EIN) is 36-3961599.
- How much revenue does Walter S Mander Foundation report?
- Walter S Mander Foundation reported $470,737 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Walter S Mander Foundation have?
- CharityIndex grades Walter S Mander Foundation D, based on financial health (reserves and operating margin).
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Data for Walter S Mander Foundation (EIN 36-3961599) 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.