Beryl O And Wilma Sime Roundycharitable Foundation

Beryl O And Wilma Sime Roundycharitable Foundation consistently maintains strong assets and minimal liabilities with no reported officer compensation.

EIN: 203993988 · Chicago, IL · NTEE: T20 · Updated: 2026-03-28

$4.9MRevenue
$11.1MAssets
92/100Mission Score (Excellent)
T20
Beryl O And Wilma Sime Roundycharitable Foundation Financial Summary
MetricValue
Total Revenue$4.9M
Total Expenses$619K
Program Spending95%
CEO/Top Officer Pay$10
Net Assets$10.7M
Transparency Score92/100

Is Beryl O And Wilma Sime Roundycharitable Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Beryl O And Wilma Sime Roundycharitable Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Beryl O And Wilma Sime Roundycharitable Foundation

Beryl O And Wilma Sime Roundycharitable Foundation (EIN: 203993988) is a nonprofit organization based in Chicago, IL, classified under NTEE code T20. The organization reported total revenue of $4.9M and total assets of $11.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beryl O And Wilma Sime Roundycharitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Beryl O And Wilma Sime Roundycharitable Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 30.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.0M
Total Expenses$619K
Surplus / Deficit+$411K
Total Assets$10.7M
Total Liabilities$1
Net Assets$10.7M
Operating Margin39.9%
Debt-to-Asset Ratio0.0%
Months of Reserves207.4 months

Financial Health Grade: A

In 2023, Beryl O And Wilma Sime Roundycharitable Foundation reported a surplus of $411K with revenue exceeding expenses, holds 207.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Beryl O And Wilma Sime Roundycharitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 30.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+26.3%-9.0%+3.9%
2022+3.0%+14.5%+1.3%
2021+27.1%+3.0%+2.0%
2020+14.0%-12.1%+0.5%
2019-65.2%+78.6%-3.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Beryl O And Wilma Sime Roundycharitable Foundation appears to be a well-managed private foundation with a strong financial position. Over the past five years, the organization has consistently maintained assets exceeding $9 million, reaching $10,703,947 in 2023. Its revenue streams have been robust, with the latest reported revenue at $4,937,446, significantly outpacing expenses in most years. For instance, in 2023, revenue was $1,029,976 against expenses of $619,333, indicating a healthy surplus. The foundation's liabilities have consistently been minimal, often reported as $1 or $0, suggesting excellent financial stability and low debt risk. The foundation's spending efficiency is commendable, particularly given its nature as a charitable foundation that primarily makes grants. The absence of officer compensation reported across all available filings indicates that the foundation operates with a volunteer or unpaid leadership, which significantly reduces administrative overhead. This allows a greater proportion of its financial resources to be directed towards its charitable purpose. The consistent growth in assets, from $1,037,647 in 2011 to over $10 million in recent years, demonstrates effective asset management and investment strategies. In terms of transparency, the consistent filing of IRS Form 990s over a decade provides a good historical record of its financial activities. The detailed breakdown of revenue, expenses, and assets in these public documents allows for a clear understanding of the foundation's financial health. The lack of reported officer compensation is a key indicator of efficient resource allocation and a strong commitment to its mission, as it minimizes overhead costs typically associated with executive salaries in larger organizations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Beryl O And Wilma Sime Roundycharitable Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Beryl O And Wilma Sime Roundycharitable Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.0MTotal Revenue
$619KTotal Expenses
$10.7MTotal Assets
$1Total Liabilities
$10.7MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the foundation's leadership is unpaid, which is highly efficient for a foundation of its size with over $10 million in assets.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Beryl O And Wilma Sime Roundycharitable Foundation:

Frequently Asked Questions about Beryl O And Wilma Sime Roundycharitable Foundation

Is Beryl O And Wilma Sime Roundycharitable Foundation a legitimate charity?

Beryl O And Wilma Sime Roundycharitable Foundation (EIN: 203993988) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.9M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Beryl O And Wilma Sime Roundycharitable Foundation spend its money?

Beryl O And Wilma Sime Roundycharitable Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Beryl O And Wilma Sime Roundycharitable Foundation tax-deductible?

Beryl O And Wilma Sime Roundycharitable Foundation is registered as a tax-exempt nonprofit (EIN: 203993988). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Beryl O And Wilma Sime Roundycharitable Foundation CEO make?

Beryl O And Wilma Sime Roundycharitable Foundation's highest-compensated officer earns $10 annually. The organization reported $4.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Beryl O And Wilma Sime Roundycharitable Foundation compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Beryl O And Wilma Sime Roundycharitable Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Beryl O And Wilma Sime Roundycharitable Foundation located?

Beryl O And Wilma Sime Roundycharitable Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 203993988. It is classified under NTEE code T20.

How many years of IRS 990 filings does Beryl O And Wilma Sime Roundycharitable Foundation have?

Beryl O And Wilma Sime Roundycharitable 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 $4.9M in total revenue.

Is Beryl O And Wilma Sime Roundycharitable Foundation financially stable?

Yes, the foundation is highly financially stable, consistently maintaining assets over $10 million in recent years and reporting minimal liabilities ($1 or $0) across all filings.

How efficiently does the foundation use its funds?

The foundation appears to be very efficient, with no reported officer compensation, suggesting that nearly all operational expenses are directed towards administrative and program costs, with a strong emphasis on its charitable purpose.

What is the trend in the foundation's assets?

The foundation's assets have shown significant growth, increasing from $1,037,647 in 2011 to $10,703,947 in 2023, indicating strong financial management and investment performance.

Filing History

IRS 990 filing history for Beryl O And Wilma Sime Roundycharitable Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Beryl O And Wilma Sime Roundycharitable Foundation's revenue has grown by 2253.6%, moving from $44K to $1.0M. Total assets increased by 931.6% over the same period, from $1.0M to $10.7M. Total functional expenses rose by 783.8%, from $70K to $619K. In its most recent filing year (2023), Beryl O And Wilma Sime Roundycharitable Foundation reported a surplus of $411K, with revenue exceeding expenses. The organization holds $1 in liabilities against $10.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.0M $619K $10.7M $1 View 990
2022 $816K $681K $10.3M $1 View 990
2021 $792K $595K $10.2M $1
2020 $623K $577K $10.0M $1 View 990
2019 $546K $657K $9.9M $0 View 990
2015 $1.6M $368K $10.3M $0 View 990
2014 $1.0M $313K $9.1M $0 View 990
2013 $8.5M $221K $7.7M $0 View 990
2012 $216K $76K $1.2M $0 View 990
2011 $44K $70K $1.0M $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Beryl O And Wilma Sime Roundycharitable Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Beryl O And Wilma Sime Roundycharitable 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.

Other Nonprofits in Illinois

Explore more nonprofits based in Illinois with AI-powered transparency reports.

1. Shorefront

Evanston · $925K revenue · Score: 75/100

View all Illinois nonprofits →

Similar Organizations (NTEE T20)

Other nonprofits classified under NTEE code T20.

View all T20 nonprofits →

Explore Related Nonprofits

Browse by State