THE ASSOCIATED GENERAL CONTRACTORS INDUSTRY ADVANCEMENT FUND (EIN 320607967) - 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

2019

Legal Domicile

Principal Officer

BILL FREY

Phone

2177892650

Tax Period

2024-11-01 to 2025-10-31

THE ASSOCIATED GENERAL CONTRACTORS INDUSTRY ADVANCEMENT FUND, founded in 2019, is a community nonprofit in the Employment sector that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $732K, a strong 43% operating margin.

Mission

THE ADVANCEMENT OF HEAVY HIGHWAY CONTRACTORS AND THE HEAVY HIGHWAY INDUSTRY IN THE STATE OF ILLINOIS

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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 $0

Program Service Revenue $1,667,265

Investment Income $49,394

Other Revenue $0

TOTAL REVENUE $1,716,659

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $984,740

TOTAL EXPENSES $984,740

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,716,659	$1,461,608	+0.2%
Expenses	$984,740	$1,157,444	-0.1%
Net Income	$731,919	$304,164	+1.4%

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

$245,142

Total Directors

$245,142

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT REYHAN	PRESIDENT	5.00	Officer Director	$0	$0	$0
BECK SIMONDS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MATT DECAP	TREASURER	1.00	Director	$0	$0	$0
WILLIAM FREY	EXECUTIVE DIRECTOR	40.00	Officer Director	$0	$17,027	$245,142

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
2025	$1,716,659	$984,740	$3,224,587	$731,919
2024	$1,461,608	$1,157,444	$2,097,073	$304,164
2023	$1,264,647	$1,194,998	$1,544,663	$69,649
2022	$1,219,895	$872,919	$1,536,649	$346,976
2021	$1,152,339	$733,611	$1,132,140	$418,728
2020	$1,313,896	$749,830	$817,773	$564,066

THE ASSOCIATED GENERAL CONTRACTORS INDUSTRY ADVANCEMENT FUND