ILLINOIS RECYCLING ASSOCIATION

EIN: 363130755

VILLA PARK, IL

Total Revenue
$41,865
Total Expenses
$44,992
Total Assets
$5,276
Net Assets
$5,276
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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
1982
Legal Domicile
IL
Principal Officer
MARY MARGARET COWHEY
Phone
8476852122
Tax Period
2020-07-01 to 2021-06-30

ILLINOIS RECYCLING ASSOCIATION, founded in 1982, is a micro nonprofit that reported $42K in total revenue in fiscal year 2020. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

EDUCATION WITH REGARD TO RECYCLING PROGRAMS

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $40,265
Program Service Revenue $0
Investment Income $0
Other Revenue $1,600
TOTAL REVENUE $41,865

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,054
Other Expenses $44,992
TOTAL EXPENSES $44,992

Year-over-Year Comparison

2020 2019 Change
Revenue $41,865 $29,382 +0.4%
Expenses $44,992 $40,854 +0.1%
Net Income $-3,127 $-11,472 -0.7%
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

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Governance

Voting Members
11
Independent Members
11
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD TAZELAAR PRESIDENT 10.0
Officer
$0 $0 $0
MARY MARGARET COWHEY TREASURER/ASST SECRETARY 10.0
Officer
$0 $0 $0
LUKE FIKEJZ VICE PRESIDENT 10.0
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
2021 $41,865 $44,992 $5,276 $-3,127
2020 $29,382 $40,854 $8,403 $-11,472
2019 $18,746 $28,474 $19,875 $-9,728
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