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Foundry Educational Foundation

Schaumburg, Illinois · EIN 34-0714666 · tax-exempt since 1958

C

Charity Clarity grade C (score 59.0 of 100), based on the Form 990 for the year ended April 2025.

Graded against 55,301 unclassified nonprofits with revenue $2M–$10M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.58.6 months3
GovernanceBoard independence, key policies and audit, per the 990.100% of practices100
Margin stabilityHow steady the surplus or deficit is year to year.75
Revenue spreadHow much revenue rests on one type of income.60% from one source45
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.91.8%not scored
Management costsShare of spending.0.8%not scored
Cost to raise $1Fundraising cost per dollar given.$0.12not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

201620172018201920212022202320242025grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Apr 2025Form 990$2.41M$2.60M−$188K$12.68M58.65C
Apr 2024Form 990$1.83M$2.02M−$197K$12.44M73.85C
Apr 2023Form 990$1.44M$1.83M−$385K$11.58M76.04D
Apr 2022Form 990$1.99M$1.73M$263K$12.03M83.64C
Apr 2021Form 990$1.48M$1.43M$48K$13.01M109.24C
Apr 2019Form 990$1.81M$1.60M$213K$10.93M82.24C
Apr 2018Form 990$1.73M$1.34M$383K$9.29M83.02D
Apr 2017Form 990$3.46M$1.26M$2.20M$8.66M82.62D
Apr 2016Form 990$966K$1.26M−$297K$6.42M61.03D

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation: