Weber W & Elmina Mck Sebald Fund Nect
501(c)(92)
Only null% goes to programs Strong reserves Declining revenue
Weber W & Elmina Mck Sebald Fund Nect is a 501(c)(92) organization based in Chicago, Illinois, registered in 1970, with $18,890 in FY2024 revenue. CharityIndex grades it C+.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 31-6020731 Since 1970
Revenue (FY2024)
$19K
▲ 15.8% vs prior year
Expenses (FY2024)
$19K
Net assets
$249K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Weber W & Elmina Mck Sebald Fund Nect— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating155 mo reserves · -2% 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 Weber W & Elmina Mck Sebald Fund Nect: 155 mo reserves · -2% margin earns a B+ 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 Weber W & Elmina Mck Sebald Fund Nect— 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 Weber W & Elmina Mck Sebald Fund Nect: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $20K (FY2017) to $19K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $249K
Operating margin
-2.4%
Spent more than it raised in the latest fiscal year.
Total assets
$249K
Total liabilities
$0
Net assets
$249K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $18,890▲15.8% | $19,352▲0.9% | $249,311▼0.7% | $249,311▼0.7% | 990PF |
| 2023 | $16,316▲205% | $19,176▼10.3% | $251,026▼1.1% | $251,026▼1.1% | 990PF |
| 2022 | $5,348▼77.4% | $21,379▲6.1% | $253,837▼6.0% | $253,837▼6.0% | 990PF |
| 2021 | $23,619▲58.5% | $20,158▲4.0% | $269,943▲1.3% | $269,943▲1.3% | 990PF |
| 2020 | $14,906▼7.2% | $19,380▲59.1% | $266,420▼1.7% | $266,420▼1.7% | 990PF |
| 2019 | $16,058▲13.6% | $12,180▲140% | $270,943▲1.5% | $270,943▲1.5% | 990PF |
| 2018 | $14,134▼29.0% | $5,066▼72.9% | $267,061▲3.5% | $267,061▲3.5% | 990PF |
| 2017 | $19,911 | $18,688▼4.5% | $258,025▼13.6% | $258,025▼13.6% | 990PF |
| 2011 | — | $19,571▲0.5% | $298,765▲0.6% | $298,765▲0.6% | 990PF |
| 2010 | — | $19,478 | $297,096 | $297,096 | 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.
Frequently asked questions
- Is Weber W & Elmina Mck Sebald Fund Nect a legitimate nonprofit?
- Yes. Weber W & Elmina Mck Sebald Fund Nect is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 31-6020731, based in Chicago, Illinois.
- What is Weber W & Elmina Mck Sebald Fund Nect's EIN?
- Weber W & Elmina Mck Sebald Fund Nect's Employer Identification Number (EIN) is 31-6020731.
- How much revenue does Weber W & Elmina Mck Sebald Fund Nect report?
- Weber W & Elmina Mck Sebald Fund Nect reported $18,890 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Weber W & Elmina Mck Sebald Fund Nect have?
- CharityIndex grades Weber W & Elmina Mck Sebald Fund Nect C+, based on financial health (reserves and operating margin).
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Data for Weber W & Elmina Mck Sebald Fund Nect (EIN 31-6020731) 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.