Nonprofit · EIN 52-2128875
REAL CLEAR FOUNDATION
Tax-exempt · NORTHBROOK, IL 60062
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $7,433,300 | $10,396,766 | -$2,963,466 | $6,429,602 | $1,895,542 | $4,534,060 |
| March 31, 2024 | 990 | $13,493,125 | $8,756,104 | $4,737,021 | $8,912,529 | $1,642,533 | $7,269,996 |
| March 31, 2023 | 990 | $8,476,449 | $9,154,676 | -$678,227 | $4,242,053 | $1,709,078 | $2,532,975 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $7,191,926
- Program service revenue
- $0
- Investment income
- $250,277
- Net rental income
- -$8,903
- Other revenue
- -$8,903
Expenses
- Grants and similar amounts paid
- $4,705,242
- Compensation of officers, directors and key employees
- $178,500
- Other salaries and wages
- $2,341,435
- Salaries, compensation and benefits (total)
- $2,898,992
- Professional fundraising fees
- $0
- Occupancy
- $24,304
- Travel
- $177,629
- Program services (functional)
- $8,033,626
- Management and general (functional)
- $1,421,198
- Fundraising (functional)
- $941,942
Balance sheet and other
- Total assets, start of year
- $8,912,529
- Total assets, end of year
- $6,429,602
- Total liabilities, end of year
- $1,895,542
- Net assets, end of year
- $4,534,060
- Land, buildings and equipment
- $2,366,593
- Net assets without donor restrictions
- $2,895,841
- Net assets with donor restrictions
- $1,638,219
- Gross unrelated business income
- -$8,903
- Gross receipts
- $7,616,203
- Employees
- 1
- Volunteers
- 0
- Year formed
- 1998
- State of legal domicile
- WY
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 for the year ended March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID DESROSIERS | PRESIDENT Trustee or director, Officer | 40 | $178,500 |
| JOHN MCINTYRE | TREASURER Trustee or director, Officer | 15 | $0 |
| ANDREW WALWORTH | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended March 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID DESROSIERS | PRESIDENT Trustee or director, Officer | 40 | $178,500 |
| JOHN MCINTYRE | TREASURER Trustee or director, Officer | 15 | $90,000 |
| ANDREW WALWORTH | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended March 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID DESROSIERS | PRESIDENT Trustee or director, Officer | 40 | $180,625 |
| JOHN MCINTYRE | TREASURER Trustee or director, Officer | 15 | $120,000 |
| ANDREW WALWORTH | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 666 DUNDEE RD STE 600, NORTHBROOK, IL 60062-2733
- Principal officer (990 for 2024)
- DAVID DESROSIERS, 666 DUNDEE ROAD 600, NORTHBROOK, IL 60062
- Signed the 990
- DAVID DESROSIERS, PRESIDENT
- Phone
- (773) 545-9090
- Return prepared by
- LEAF DAHL AND COMPANY LTD
Mission
THE FOUNDATION'S MISSION IS TO UNDERWRITE NEWS AGGREGATION AND CONTENT WHICH PROMOTES RESPONSIBLE JOURNALISM AND EDUCATIONAL PROGRAMS FOR PUBLIC INTEREST.
Program accomplishments
- GRANTS AND SUPPORT TO FURTHER THE FOUNDATION'S MISSION OF PROMOTING UNBIASED AGGREGATION OF THE NEWS IN THE INTEREST OF THE PUBLIC, TO PROMOTE THE RECRUITMENT AND TRAINING OF INVESTIGATIVE REPORTERS AND NEWS AGGREGATORS, AND TO CREATE AND PROMOTE RESPONSIBLE PUBLIC OPINION RESEARCH, ALL IN THE INTEREST OF THE PUBLIC.Expenses $8,033,626 · grants $4,705,242
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 52-2128875
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $6,429,602
- Income (IRS master file)
- $7,616,203
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $7,433,300 | $10,396,766 | $6,429,602 | XML |
| 990 | March 2024 | $13,493,125 | $8,756,104 | $8,912,529 | XML |
| 990 | March 2023 | $8,476,449 | $9,154,676 | $4,242,053 | XML |
| 990 | March 2022 | $3,614,001 | $5,265,385 | $4,984,484 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 52-2128875).
Questions about REAL CLEAR FOUNDATION
- What is the EIN of REAL CLEAR FOUNDATION?
- The employer identification number (EIN) of REAL CLEAR FOUNDATION is 52-2128875.
- Is REAL CLEAR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to REAL CLEAR FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REAL CLEAR FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of REAL CLEAR FOUNDATION due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REAL CLEAR FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of REAL CLEAR FOUNDATION?
- The 990 for the year ended March 31, 2025 names DAVID DESROSIERS.
- Who are the officers and directors of REAL CLEAR FOUNDATION?
- The 990 for the year ended March 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $178,500 (DAVID DESROSIERS, PRESIDENT).
- How much revenue does REAL CLEAR FOUNDATION have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $7,433,300, expenses of $10,396,766 and total assets of $6,429,602 at year end.
Other nonprofits in NORTHBROOK
- COVE SCHOOL INC EIN 39-0930993 · last filed 990 for 2025
- HERRENDORF FAMILY FOUNDATION INC EIN 36-3553268 · last filed 990-PF for 2025
- COUNTRYSIDE MONTESSORI SCHOOLS INC EIN 36-2726074 · last filed 990 for 2025
- THE BOARD OF JEWISH EDUCATION EIN 36-2166978 · last filed 990 for 2025
- ROGUE WILLOW FOUNDATION EIN 83-2908559 · last filed 990-PF for 2025
- CIVIC LEADERSHIP FOUNDATION EIN 20-8848656 · last filed 990 for 2025
- CHILDRENS LEARNING PATH MONTESSORI SCHOOL INC EIN 20-0194480 · last filed 990 for 2024
- WYSPA DZIECI LEARNING CENTER EIN 27-3320978 · last filed 990 for 2025