KANKAKEE IROQUOIS FORD ASSOCIATION OF REALTORS INC (EIN 362557211) - 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

1947

Legal Domicile

Principal Officer

LYNN RANDAZZO

Phone

8159375551

Tax Period

2024-01-01 to 2024-12-31

KANKAKEE IROQUOIS FORD ASSOCIATION OF REALTORS INC, founded in 1947, is a small nonprofit that reported $302K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $287K left a modest 5% surplus.

Mission

THE KANKAKEE-IROQUOIS-FORD ASSOCIATION OF REALTORS EXISTS TO PROMOTE EDUCATION, PROFESSIONALISM, AND ETHICAL CONDUCT OF ITS REALTOR MEMBERS, WHILE CONTINUING TO BE AN ADVOCATE FOR THE PROTECTION OF REAL PROPERTY RIGHTS.

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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 $64,097

Program Service Revenue $211,731

Investment Income $11,458

Other Revenue $14,926

TOTAL REVENUE $302,212

Expense Breakdown

Grants Paid $0

Salaries & Benefits $92,150

Fundraising Expenses $0

Other Expenses $195,024

TOTAL EXPENSES $287,174

Year-over-Year Comparison

	2024	2023	Change
Revenue	$302,212	$406,799	-0.3%
Expenses	$287,174	$309,403	-0.1%
Net Income	$15,038	$97,396	-0.8%

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

$62,215

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TINA FRANKLIN	EXECUTIVE OF	40.00	Officer	$62,215	$0	$62,215
LYNN RANDAZZO	PRESIDENT	1.00	Officer Director	$0	$0	$0
LEANNE PROVOST	PRESIDENT EL	1.00	Officer Director	$0	$0	$0
NORM GASKIN	DIRECTOR	1.00	Director	$0	$0	$0
MONICA PIZANO	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA SEYDEN	DIRECTOR	1.00	Director	$0	$0	$0
MOLLIE GRIZZLE	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
SANDY BOYER	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN KOOY	DIRECTOR	1.00	Director	$0	$0	$0
GINA LAMORE	D/R CHAIR	1.00	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	$302,212	$287,174	$441,657	$15,038
2023	$462,000	$296,566	$443,534	$165,434
2023	$406,799	$309,403	$441,422	$97,396
2022	$309,686	$287,665	$319,505	$22,021
2021	$284,465	$231,240	$297,601	$53,225
2020	$250,056	$198,722	$274,056	$51,334
2019	$248,615	$258,767	$226,713	$-10,152
2018	$241,545	$244,303	$227,723	$-2,758

KANKAKEE IROQUOIS FORD ASSOCIATION OF REALTORS INC