Philanthropy & Grantmaking (T03) IRS Verified DX Registered 990 on File

IPPFA REMEMBRANCE FUND

EIN: 13-4216515 · ELGIN, IL 60124-5826 · United States · FY 2025 Data

3 out of 5 57 / 100 Based on 2+ years of filings

Financial strength (30%) 96/100

Reliability (20%) 55/100

Effectiveness (25%) 68/100

Impact (25%) No data yet

Financial data: FY 2025 · Scored 9/13/2026

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CharityAI™ Score

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Financial Overview — FY 2025

$226K

Total Revenue

$32K

Total Expenses

$544K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 74.1%

Fundraising Efficiency 6.0%

Operating Reserve 201.72x

Liability-to-Asset 0.0%

Revenue Diversification 56.5%

Executive Compensation $12K

Compared with Peers

FY 2025

Compared with 11,336 similar organizations (United States, Philanthropy & Grantmaking, under $100K in expenses), FY 2025.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	74.1%	86.1%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	13.5%	9.0%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	12.4%	0.0%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	6.0%	41.6%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	201.7 mo	119.9 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.0%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	56.5%	92.1%	P10P90	Top quarter
Revenue growth Year over year revenue growth	729.0%	5.1%	P10P90
Expense growth Year over year expense growth	221.9%	2.6%	P10P90
Surplus margin Surplus as a share of revenue	85.7%	11.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$226K	$32K	$544K	74.1%	0
2024	$27K	$10K	$451K	100.0%	0
2023	$198K	$10K	$407K	100.0%	0
2022	$42K	$55K	$201K	68.0%	—
2021	$26K	$29K	N/A	—	1

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Organization Details

EIN: 13-4216515
State: IL
City: ELGIN
ZIP: 60124-5826
Classification: T03
Category: Philanthropy & Grantmaking
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1985
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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