Christopher Steele Charitable Foundation C/o Thomas P Steele

Nonprofit profile at a glance

EIN
205398151
IRS 990-EZ coverage
2015–2017
Forms available
Form 990-EZ 2017
Location
Buffalo Grove, IL, USA
Phone
8437852246
Rating
33
Verdict
REVIEW
Rating confidence
Moderate
Sector
Cancer

Official website

Reported finances

Revenue
$538
Expenses
$32,862
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • TOM STEELE (EXECUTIVE DIRECTOR)
  • ELLEN STEELE (EXECUTIVE DIRECTOR)
  • KEVIN ZAKRZEWSKI (PRESIDENT)

People named in this filing

  • TOM STEELE (EXECUTIVE DIRECTOR)
  • ELLEN STEELE (EXECUTIVE DIRECTOR)
  • IAN WEISSMAN (DIRECTOR/CO-FOUNDER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation is a memorial to christopher steele who died of an inoperable brain tumor in 2006 at the age of 23. Funds will be directed to support those who are researching cures for brain tumors as well as innovative treatment approaches such as the targeted delivery of chemotherapy drugs to a tumor. Funds may also be used to support patients and their families. In the future, the directors may consider other charitable purposes such as scholarships to young men and women whose athletic activities reflect chris' interests and life.

What it reported doing in 2017

Contributions to fund cancer research

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -6,008.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -101.8% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -86.2% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2015 to 2017
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.