REAL CLEAR FOUNDATION

EIN: 522128875 501(c)(3) Education

NORTHBROOK, IL

Total Revenue
$7,433,300
Total Expenses
$10,396,766
Total Assets
$6,429,602
Net Assets
$4,534,060
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
WY
Principal Officer
DAVID DESROSIERS
Phone
7735459090
Tax Period
2024-04-01 to 2025-03-31

REAL CLEAR FOUNDATION, founded in 1998, is a community nonprofit in the Education sector that reported $7.4M in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $10.4M exceeded revenue, resulting in a 40% operating deficit.

Mission

SEE PAGE 2.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,191,926
Program Service Revenue $0
Investment Income $250,277
Other Revenue $-8,903
TOTAL REVENUE $7,433,300

Expense Breakdown

Grants Paid $4,705,242
Salaries & Benefits $2,898,992
Fundraising Expenses $941,942
Program Expenses $8,033,626
Other Expenses $2,792,532
TOTAL EXPENSES $10,396,766

Year-over-Year Comparison

2024 2023 Change
Revenue $7,433,300 $13,493,125 -0.4%
Expenses $10,396,766 $8,756,104 +0.2%
Net Income $-2,963,466 $4,737,021 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$178,500
Total Directors
3
$178,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID DESROSIERS PRESIDENT 40.00
Officer Director
$178,500 $0 $178,500
JOHN MCINTYRE TREASURER 15.00
Officer Director
$0 $0 $0
ANDREW WALWORTH DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $7,433,300 $10,396,766 $6,429,602 $-2,963,466
2024 $13,493,125 $8,756,104 $8,912,529 $4,737,021
2023 $8,476,449 $9,154,676 $4,242,053 $-678,227
2022 $3,614,001 $5,265,385 $4,984,484 $-1,651,384
2021 $5,318,894 $4,094,803 $6,694,887 $1,224,091
2020 $3,756,043 $2,406,607 $3,638,852 $1,349,436
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