IPPFA REMEMBRANCE FUND (EIN 134216515) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

JIM MCNAMEE

Phone

8476665680

Tax Period

2024-01-01 to 2024-12-31

IPPFA REMEMBRANCE FUND is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $27K in total revenue in fiscal year 2024. Revenue fell 86% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $17K, a strong 63% operating margin.

Mission

THE IPPFA REMEMBRANCE FUND WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING FINANCIAL SUPPORT TO THE FAMILIES OF ILLINOIS POLICE OFFICERS AND FIREFIGHTERS KILLED IN THE LINE OF DUTY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $18,803

Program Service Revenue $0

Investment Income $7,436

Other Revenue $1,063

TOTAL REVENUE $27,302

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,059

Other Expenses $59

TOTAL EXPENSES $10,059

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,302	$197,884	-0.9%
Expenses	$10,059	$10,000	+0.0%
Net Income	$17,243	$187,884	-0.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDON BLOUGH	DIRECTOR	N/A	Director	$0	$0	$0
MARY BURESS	DIRECTOR	N/A	Director	$0	$0	$0
DAN COLLINS	DIRECTOR	N/A	Director	$0	$0	$0
SHAWN CURRY	DIRECTOR	N/A	Director	$0	$0	$0
BILL GALGAN	DIRECTOR	N/A	Director	$0	$0	$0
MIKE HERBERT	DIRECTOR	N/A	Director	$0	$0	$0
DAN HOPKINS	DIRECTOR	N/A	Director	$0	$0	$0
JIM MALONEY	DIRECTOR	N/A	Director	$0	$0	$0
JIM MCNAMEE	PRESIDENT	N/A	Officer Director	$0	$0	$0
BOB PODGORNY	DIRECTOR	N/A	Director	$0	$0	$0
MARK POULOS	DIRECTOR	N/A	Director	$0	$0	$0
PAUL SWANLUND	DIRECTOR	N/A	Director	$0	$0	$0
GENE WASHINGTON	DIRECTOR	N/A	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
2024	$27,302	$10,059	$451,120	$17,243
2023	$197,884	$10,000	$406,772	$187,884

IPPFA REMEMBRANCE FUND