Nonprofit screen
Screen a listMichael Reese Research and Education Foundation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.6Mrevenue
FY2024 · −29% in 3 yrs8staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−9.5%
Months of reserve4.6mo
Revenue growth (annualized)−2.8%
Middle half of peersMedianMichael Reese Research and Education
Where the money goes FY2024 · $2.8M spent
Programs$2.2M76%Management and general$674k24%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$349k in FY2022, −$242k in FY2023 and −$247k in FY2024. Cash covers 4.6 months, above the peer median of 3.4.
990 Part I and balance sheetIn its favor2
Strong governance
9 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 8 of its 8 returns, 58% of revenue in FY2024.
990 Part VIII4funders
$227ka year, last 3 years
86%from its largest funder
Funder’17’18’19’20’21’22’23AIDS Foundation of ChicagoEvery year since FY2017$136k$198k$182k$195k$199k$198k$187kVisiting Nurse Association of Chicago (Aka) Vna FoundationOn and off$50k$35kJsi Research & Training Institute IncNew in FY2023$13kDonor-advised giftsDonors not disclosed$15$32$19$42
FundedThrough a donor-advised fund