Nssra Foundation EIN 36-4038371

Nssra Foundation

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Helps disabled adults and children join recreation programs. For fiscal year 2024 it reported $619K in revenue, $455K in expenses, and $1.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Highland Park, IL
Website
www.nssra.org/foundation
Filings
5 on file (2020–2024)
Revenue
$619KFY2024
Expenses
$455K
Net assets
$1.1M
People
16
Filings
5
Updates
0
More identity details & actions ⌄
EIN  36-4038371 Public charity (501(c)(3)) Highland Park, IL
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps disabled adults and children join recreation programs.
Leadership
Glenn Binstein · President
Money in and out
$619K revenue, $455K expenses
Bottom line
95% program efficiency
Where the money goes · FY2024
Total revenue
$619K
Pt VIII · Ln 12
Total expenses
$455K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $164K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.04 Fundraising $0.01
Program efficiency
95%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
30.0mo
months of highly liquid reserves at operating expense rate▼ -46% vs prior filing year
Surplus margin
+26%
revenue over expenses, this year▼ -53% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$619K
FY2024▲ +23%
Expenses
$455K
FY2024▲ +105%
Total assets
$1.1M
FY2024▲ +10%
Total liabilities
$20K
FY2024▼ -76%
Total revenue
$619K
Pt VIII · Ln 12
Total expenses
$455K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$164K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $428K of program spending, described in the organization's own filed words · FY2024.
01

Adult day program

$189Kprogram expense
02

Reduced fees scholarship & special events

$134Kprogram expense
03

New vehicle

$105Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNssra Foundation
EINHdr · item D36-4038371
Principal addressHdr · item CHighland Park, IL
WebsiteHdr · item Jwww.nssra.org/foundation
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N32)
Ruling yearIRS BMFJun 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Liaiso
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$391K · 63%
Contributions & grants$173K · 28%
Investment income$54K · 9%
Other revenue63%$391K
Contributions & grants28%$173K
Investment income9%$54K
Total revenueLn 12$619K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.04 Fundraising $0.01
Program services95%$433K
Management & general4%$18K
Fundraising1%$4K
Total functional expensesLn 25$455K

Balance Sheet

Part X · end of year
CashLn 1$1.1M
Total assetsLn 16$1.1M
Total liabilitiesLn 26$20K
Total net assetsLn 32$1.1M
Months of cash on handcomputed30.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses/yr $455K
30.0 months
Where the money goes
Program services
Program services $433K · Total expenses $455K
95%
Management & General
Management & general $18K · Total expenses $455K
4%
Fundraising
Fundraising $4K · Total expenses $455K
0.9%
Cost to raise $1
Fundraising expense (3-yr avg) $13K · Solicited contributions (3-yr avg) $213K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $173K · Total revenue $619K
28%
Government reliance
Government grants — · Total revenue $619K
Earned-income share
Program service revenue $0 · Total revenue $619K
0%
Investment reliance
Investment income $54K · Total revenue $619K
+9%
Program self-sufficiency
Program service revenue $0 · Total expenses $455K
0%
Growth & trend
Revenue growth (YoY)
This year $619K · Prior year $502K
+23%
Revenue CAGR
FY2020 $787K · FY2024 $619K
-6%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $619K · Expenses $455K
+26%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $1.1M · Total assets $1.1M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Glenn Binstein · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $455K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $455K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 4%
Fundraising cost ratio 2%
Revenue growth 23%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 10 funders →
Grants paid · 15 grants · $3.0M · 2020–2024
NssraFY2024$189,209
NssraFY2024$104,828
NssraFY2024$50,246
NssraFY2024$47,000
NssraFY2023$130,314
NssraFY2023$26,069
NssraFY2022$109,200
NssraFY2022$93,596
NssraFY2022$30,000
NssraFY2021$410,000
NssraFY2021$66,509
NssraFY2021$6,840
NssraFY2020$1,687,000
NssraFY2020$6,300
NssraFY2020$5,031

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$619K revenue · viewing · ⤓ 990 PDF
FY2023$502K revenue · ⤓ 990 PDF
FY2022$465K revenue · ⤓ 990 PDF
FY2021$279K revenue · ⤓ 990 PDF
FY2020$787K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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