Tonys Charitable Foundation EIN 82-4979819 Form 990 (PDF) Claim this org

Tonys Charitable Foundation FY2024 filing

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Provides care and cures for the future of Chicagoland. For fiscal year 2024 it reported $312K in revenue, $242K in expenses, and $691K in net assets.Pt I

Type
Public charity (501(c)(3)) · Youth Development
Location
Itasca, IL
Website
www.tonyscharitablefoundation.org
Filings
5 on file (2021–2024)
Revenue
$312KFY2024
Expenses
$242K
Net assets
$691K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-4979819 Public charity (501(c)(3)) Itasca, IL
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides care and cures for the future of Chicagoland.
Leadership
James Marnos · Director · $42K
Money in and out
$312K revenue, $242K expenses
Bottom line
36% program efficiency
Where the money goes · FY2024
Total revenue
$312K
Pt VIII · Ln 12
Total expenses
$242K
Pt IX · Ln 25
Net assets
$691K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $70K
Where spending went · Part IX cols B–D
Program services $0.36 Management & general $0.38 Fundraising $0.26
Program efficiency
36%
of spending reaches programs
Operating runway
36.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$312K
FY2024▼ -21%
Expenses
$242K
FY2024▲ +33%
Total assets
$853K
FY2024▲ +33%
Total liabilities
$161K
FY2024▲ +806%
Total revenue
$312K
Pt VIII · Ln 12
Total expenses
$242K
Pt IX · Ln 25
Net assets
$691K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$70K
Total assetsPt X · Ln 16$853K
Program-expense ratioPt IX · col B36%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $87K of program spending, described in the organization's own filed words · FY2023.
01

Various contributions are made to other organizations in the local community with a similar mission and program activities to support the mission of the foundation.

$87Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTonys Charitable Foundation
EINHdr · item D82-4979819
Principal addressHdr · item CItasca, IL
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O12)
Ruling yearIRS BMFFeb 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Director
$42,293Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
James Marnos$71,010$42,293

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Other revenue$219K · 70%
Contributions & grants$93K · 30%
Other revenue70%$219K
Contributions & grants30%$93K
Total revenueLn 12$312K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.36 Management & general $0.38 Fundraising $0.26
Program services36%$87K
Management & general38%$92K
Fundraising26%$63K
Total functional expensesLn 25$242K

Balance Sheet

Part X · end of year
CashLn 1$728K
Total assetsLn 16$853K
Total liabilitiesLn 26$161K
Total net assetsLn 32$691K
Months of cash on handcomputed36.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $728K · Operating expenses/yr $242K
36.1 months
Where the money goes
Program services
Program services $87K · Total expenses $242K
36%
Management & General
Management & general $92K · Total expenses $242K
38%
Fundraising
Fundraising $63K · Total expenses $242K
26%
Cost to raise $1
Fundraising expense (3-yr avg) $43K · Solicited contributions (3-yr avg) $82K
$0.53 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $93K · Total revenue $312K
30%
Government reliance
Government grants — · Total revenue $312K
Earned-income share
Program service revenue $0 · Total revenue $312K
0%
Investment reliance
Investment income $0 · Total revenue $312K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $242K
0%
Growth & trend
Revenue growth (YoY)
This year $312K · Prior year $394K
-21%
Net-asset trend (YoY)
End of year $691K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $312K · Expenses $242K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $853K
Net-asset ratio
Net assets $691K · Total assets $853K
81%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $853K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual James Marnos · Reported title DIRECTOR · Highest reported compensation $42K · Total expenses $242K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $66K · Total expenses $242K
27%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 36%
Overhead ratio 38%
Fundraising cost ratio 67%
Revenue growth -21%
Legal fee ratio 0.4%
Accounting fee ratio 6%

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 · this organization's grantmaking
Grants paid · 8 grants · $127K · 2020–2024
Berwyn City HallFY2024$8,000
The Beacon Place NfpIL · FY2024$6,000
Chicago Community TrustCO · FY2020$50,000
Unitemized GrantFY2020$20,000

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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
FY2025 (Latest)$271K revenue · ⤓ 990 PDF
FY2024$312K revenue · viewing · ⤓ 990 PDF
FY2023$394K revenue · ⤓ 990 PDF
FY2022$218K revenue · ⤓ 990 PDF
FY2021$309K 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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