ILLINOIS EDUCATION ASSOCIATION (EIN 363554768) - 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

2007

Legal Domicile

Principal Officer

ROBERT PLANK

Tax Period

2023-07-01 to 2024-06-30

ILLINOIS EDUCATION ASSOCIATION, founded in 2007, is a small nonprofit that reported $243K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $285K exceeded revenue, resulting in a 17% operating deficit.

Mission

PROVIDE A LABOR UNION FOR 313 FULL-TIME FACULTY MEMBERS.THE COLLEGE OF DUPAGE(COD)FACULTY ASSOCIATION ENABLES FACULTY TO WORK COLLECTIVELY TO SHAPE A POSITIVE DIRECTIONS FOR THE COLLEGE.

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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 $242,526

Program Service Revenue $0

Investment Income $92

Other Revenue $0

TOTAL REVENUE $242,618

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,654

Fundraising Expenses $0

Program Expenses $284,609

Other Expenses $230,955

TOTAL EXPENSES $284,609

Year-over-Year Comparison

	2023	2022	Change
Revenue	$242,618	$272,443	-0.1%
Expenses	$284,609	$262,399	+0.1%
Net Income	$-41,991	$10,044	-5.2%

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

N/A

Independent Members

N/A

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

$11,787

Total Directors

Key Employees

$41,867

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA MOURTISEN	WELFARE VICE CHAIR	10.00	Key Emp	$10,408	$0	$10,408
SAM MITRANI	GRIEVANCE VICE CHAIR	10.00	Key Emp	$9,224	$0	$9,224
CHRIS BAILEY	GRIEVANCE CHAIR	10.00	Key Emp	$6,544	$0	$6,544
ROBERT PLANK	TREASURER	5.00	Officer	$5,243	$0	$5,243
TIM HENNINGSEN	SECRETARY	5.00	Officer	$5,243	$0	$5,243
JASON ERTZ	MEMBERSHIP CHAIR	5.00	Key Emp	$5,243	$0	$5,243
MARY CARLSON	MEDIA REALTIONS	3.00	Key Emp	$3,923	$0	$3,923
COLIN KOTELES	WEBMASTER	5.00	Key Emp	$3,923	$0	$3,923
ORSHAUNDRA BENSON	INSTRUCTION CHAIR	5.00	Key Emp	$2,602	$0	$2,602
ELIZABETH ARNOTT-HILL	WELFARE VICE CHAIR	10.00	Officer	$1,301	$0	$1,301
DAVID GOLDBERG	PRESIDENT	10.00	Officer	$0	$0	$0
SCOTT CAMPBELL	VICE PRESIDENT	5.00	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
2025	No data	No data	No data	No data
2024	$242,618	$284,609	$107,050	$-41,991
2023	$272,443	$262,399	$149,041	$10,044

ILLINOIS EDUCATION ASSOCIATION