Myasthenia Gravis Foundation of Illinois (EIN 237282572) - 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

Formation Year

1972

Legal Domicile

Principal Officer

Robert Rosecrans

Phone

8008886208

Tax Period

2024-01-01 to 2024-12-31

Myasthenia Gravis Foundation of Illinois, founded in 1972, is a small nonprofit that reported $193K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $177K left a modest 8% surplus.

Mission

The Foundation's mission is to facilitate the timely diagnosis and optimal care of individuals affected by MG and to improve their lives through programs of patient services, public awareness, medical research, professional education, advocacy and patient care.

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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 $158,987

Program Service Revenue $0

Investment Income $37,845

Other Revenue $-3,718

TOTAL REVENUE $193,114

Expense Breakdown

Grants Paid $18,341

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $145,065

Other Expenses $159,094

TOTAL EXPENSES $177,435

Year-over-Year Comparison

	2024	2023	Change
Revenue	$193,114	$169,658	+0.1%
Expenses	$177,435	$203,922	-0.1%
Net Income	$15,679	$-34,264	-1.5%

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
Robert Rosecrans	Chair	1.00	Officer Director	$0	$0	$0
Alicia Peconio	Vice Chairperson	1.00	Officer Director	$0	$0	$0
Tammy Carter	Secretary	1.00	Officer Director	$0	$0	$0
Alex Randall	Trustee	1.00	Director	$0	$0	$0
Diane Alexander	Trustee	1.00	Director	$0	$0	$0
Julie McCracken	Trustee	1.00	Director	$0	$0	$0
SeAndrea Ferguson	Trustee	1.00	Director	$0	$0	$0
Melissa Lagowski	Executive Director	35.00	Officer	$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	$193,114	$177,435	$1,436,837	$15,679
2023	$169,658	$203,922	$1,333,585	$-34,264
2022	$293,392	$191,909	$1,220,880	$101,483
2021	$158,590	$196,240	$1,342,964	$-37,650
2020	$83,349	$176,677	$1,255,869	$-93,328
2019	$99,356	$226,640	$1,274,222	$-127,284
2018	$130,462	$235,826	$1,244,909	$-105,364

Myasthenia Gravis Foundation of Illinois