ILLINOIS TOOL WORKS INC VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (EIN 363183297) - 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

2002

Legal Domicile

Principal Officer

ROBERT RIES

Phone

8477247500

Tax Period

2025-01-01 to 2025-12-31

ILLINOIS TOOL WORKS INC VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION, founded in 2002, is a small nonprofit that reported $864K in total revenue in fiscal year 2025. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $3.8M exceeded revenue, resulting in a 339% operating deficit.

Mission

TO PROVIDE PAYMENT OF BENEFITS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $863,653

Other Revenue $0

TOTAL REVENUE $863,653

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,789,746

Other Expenses $3,310

TOTAL EXPENSES $3,789,746

Year-over-Year Comparison

	2025	2024	Change
Revenue	$863,653	$607,839	+0.4%
Expenses	$3,789,746	$1,633,663	+1.3%
Net Income	$-2,926,093	$-1,025,824	+1.9%

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 RIES	TRUSTEE	25.00	Director	$0	$0	$0
GUIL SILVA	TRUSTEE	25.00	Director	$0	$0	$0
SHARON SZAFRANSKI	TRUSTEE	25.00	Director	$0	$0	$0
RANDALL J SCHEUNEMAN	TRUSTEE	25.00	Director	$0	$0	$0
N/A	TRUSTEE	25.00		$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
2025	$863,653	$3,789,746	$442,623,782	$-2,926,093
2024	No data	No data	No data	No data
2023	$1,982,010	$28,942,828	$357,693,304	$-26,960,818
2022	$2,265,703	$29,062,173	$335,874,428	$-26,796,470
2021	$3,522,646	$26,975,188	$433,818,394	$-23,452,542
2020	$1,244,619	$26,814,327	$401,564,965	$-25,569,708
2019	$19,193	$25,926,410	$373,784,501	$-25,907,217
2018	$31,944	$21,578,064	$333,632,598	$-21,546,120

ILLINOIS TOOL WORKS INC VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION