ILLINOIS COMPETITIVE ENERGY ASSOC (EIN 264234768) - 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

2008

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

ILLINOIS COMPETITIVE ENERGY ASSOC, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $229K in total revenue in fiscal year 2023.

Mission

THE ILLINOIS COMPETITIVE ENERGY ASSOCIATION IS AN ILLINOIS-BASED TRADE ASSOCIATION OF COMPETITIVE ENERGY SUPPLIERS WHOSE MISSION IS TO PRESERVE AND ENHANCE CUSTOMER CHOICE AND THE COMPETITIVE ELECTRICITY AND NATURAL GAS INDUSTRIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $229,000

Program Service Revenue $0

Investment Income $17

Other Revenue $0

TOTAL REVENUE $229,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,790

Fundraising Expenses $0

Program Expenses $218,122

Other Expenses $164,303

TOTAL EXPENSES $229,093

Year-over-Year Comparison

	2023	2022	Change
Revenue	$229,017	N/A	N/A
Expenses	$229,093	N/A	N/A
Net Income	$-76	N/A	N/A

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

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
MIKE NUGENT	CHAIRMAN	2.00	Director	$0	$0	$0
HEATHER MORENO	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICIA MCFADIN	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT GIBBS	TREASURER	2.00	Director	$0	$0	$0
CHUCK SUTTON	SECRETARY	2.00	Director	$0	$0	$0
MICHELLE KELM	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN WRIGHT	PRESIDENT	40.00	Key Emp	$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	No data	No data	No data	No data
2023	$229,017	$229,093	$58,315	$-76
2022	$320,800	$297,492	$58,190	$23,308
2021	$236,300	$249,750	$34,888	$-13,450
2020	$248,600	$245,521	$46,116	$3,079
2019	$218,000	$221,561	$45,033	$-3,561
2018	$189,400	$185,794	$47,541	$3,606

ILLINOIS COMPETITIVE ENERGY ASSOC