Aon Foundation
EIN: 363337340 · Chicago, IL
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.3M |
| Net Assets | $50K |
Is Aon Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aon Foundation
Aon Foundation (EIN: 363337340) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $2.2M and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aon Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aon Foundation is a mid-size nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$49K |
| Total Assets | $50K |
| Total Liabilities | $1 |
| Net Assets | $50K |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.3 months |
Financial Health Grade: A
In 2023, Aon Foundation reported a surplus of $49K with revenue exceeding expenses, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Aon Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.1% | +0.9% | +4860.8% |
| 2022 | -4.8% | -4.8% | -6.9% |
| 2021 | -2.5% | -2.5% | -0.6% |
| 2020 | -14.1% | -15.6% | +1.5% |
| 2019 | -52.7% | -52.0% | -86.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aon Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aon Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $49K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Aon Foundation
Is Aon Foundation a legitimate charity?
Aon Foundation (EIN: 363337340) is a registered tax-exempt nonprofit based in Illinois. It has 10 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: A.
How does Aon Foundation spend its money?
Aon Foundation reported $2.2M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Aon Foundation tax-deductible?
Aon Foundation is registered as a tax-exempt nonprofit (EIN: 363337340). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aon Foundation located?
Aon Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 363337340.
How many years of IRS 990 filings does Aon Foundation have?
Aon Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.2M in total revenue.
Filing History
IRS 990 filing history for Aon Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Aon Foundation's revenue has declined by 77.2%, moving from $10.1M to $2.3M. Total assets decreased by 0.2% over the same period, from $50K to $50K. Total functional expenses fell by 78.8%, from $10.6M to $2.3M. In its most recent filing year (2023), Aon Foundation reported a surplus of $49K, with revenue exceeding expenses. The organization holds $1 in liabilities against $50K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $50K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.3M | $50K | $1 | — | View 990 |
| 2022 | $2.2M | $2.2M | $1K | $1 | — | View 990 |
| 2021 | $2.4M | $2.4M | $1K | $1 | — | View 990 |
| 2020 | $2.4M | $2.4M | $1K | $1 | — | View 990 |
| 2019 | $2.8M | $2.9M | $1K | $0 | — | View 990 |
| 2015 | $5.9M | $6.0M | $8K | $409K | — | View 990 |
| 2014 | $4.5M | $4.7M | $48 | $386K | — | View 990 |
| 2013 | $5.2M | $5.2M | $30K | $279K | — | View 990 |
| 2012 | $10.0M | $9.4M | $50K | $323K | — | View 990 |
| 2011 | $10.1M | $10.6M | $50K | $916K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.3M, and assets of $50K (revenue +3.1% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.2M, and assets of $1K (revenue -4.8% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.4M, and assets of $1K (revenue -2.5% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.4M, and assets of $1K (revenue -14.1% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.9M, and assets of $1K (revenue -52.7% year-over-year).
- 2015: Revenue of $5.9M, expenses of $6.0M, and assets of $8K (revenue +31.2% year-over-year).
- 2014: Revenue of $4.5M, expenses of $4.7M, and assets of $48 (revenue -13.2% year-over-year).
- 2013: Revenue of $5.2M, expenses of $5.2M, and assets of $30K (revenue -48.0% year-over-year).
- 2012: Revenue of $10.0M, expenses of $9.4M, and assets of $50K (revenue -0.8% year-over-year).
- 2011: Revenue of $10.1M, expenses of $10.6M, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aon Foundation:
Data Sources and Methodology
This transparency report for Aon Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.