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Nonprofit · EIN 27-0773475

MAKE IT BETTER FOUNDATION

Tax-exempt · WILMETTE, IL 60091

Financials

$1.7M$619K2023$3M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of MAKE IT BETTER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF (amended)$3,015,762$1,826,253$1,189,509$80,726$0$80,726
December 31, 2023990-PF (amended)$1,675,584$618,818$1,056,766$413,795$0$413,795
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,079,860
Net gain from sales of assets
$935,902

Expenses

Grants and similar amounts paid
$988,150
Compensation of officers, directors and key employees
$391,068
Disbursements for charitable purposes
$1,814,253
Excise tax on investment income
$13,009

Balance sheet and other

Total assets, start of year
$413,795
Total assets, end of year
$80,726
Total liabilities, end of year
$0
Net assets, end of year
$80,726
Fair market value of assets
$754,658
Qualifying distributions
$1,814,253
Net investment income
$935,902

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHELLE WALBY
PO BOX 751, WILMETTE, IL 60091
EXEC/PERSONAL ASST
Highest-paid employee
40$90,328
BROOKE GEIGER
PO BOX 751, WILMETTE, IL 60091
EDITOR IN CHIEF
Highest-paid employee
40$85,000
SHARON P KRONE
PO BOX 751, WILMETTE, IL 60091
COO/Secretary/Treasurer40$75,000
JENNIFER WOOLFORD
PO BOX 751, WILMETTE, IL 60091
SR DIR, MAJOR PSHIPS
Highest-paid employee
40$68,256
KATHY ROESER
PO BOX 751, WILMETTE, IL 60091
DIRECTOR1$0
SANDRA TSUCHIDA
PO BOX 751, WILMETTE, IL 60091
DIRECTOR1$0
SUSAN NOYES
PO BOX 751, WILMETTE, IL 60091
DIRECTOR1$0
MELINDA FAUNTLEROY
PO BOX 751, WILMETTE, IL 60091
PRESIDENT1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SHARON P KRONE
PO BOX 751, WILMETTE, IL 60091
SECRETARY & TREASURER1$50,000
KATHY ROESER
PO BOX 751, WILMETTE, IL 60091
DIRECTOR1$0
MELINDA FAUNTLEROY
PO BOX 751, WILMETTE, IL 60091
PRESIDENT1$0
SANDRA TSUCHIDA
PO BOX 751, WILMETTE, IL 60091
DIRECTOR1$0
SUSAN NOYES
PO BOX 751, WILMETTE, IL 60091
DIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 751, WILMETTE, IL 60091-0751
In care of
% SHARON KRONE
Signed the 990-PF
SHARON KRONE, EXECUTIVE DIRECTOR
Phone
(847) 256-4642
Return prepared by
ERNST & YOUNG US LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
27-0773475
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2010
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$80,726
Income (IRS master file)
$2,079,860

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,015,762$1,826,253$80,726XML
990-PFDecember 2023$1,675,584$618,818$413,795XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about MAKE IT BETTER FOUNDATION

What is the EIN of MAKE IT BETTER FOUNDATION?
The employer identification number (EIN) of MAKE IT BETTER FOUNDATION is 27-0773475.
Is MAKE IT BETTER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to MAKE IT BETTER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MAKE IT BETTER FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MAKE IT BETTER FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAKE IT BETTER FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MAKE IT BETTER FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 4 received compensation from the organization, the highest $90,328 (MICHELLE WALBY, EXEC/PERSONAL ASST).
How much revenue does MAKE IT BETTER FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,015,762, expenses of $1,826,253 and total assets of $80,726 at year end.

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