ILLINOIS HOTEL & LODGING EDUCATIONAL FOUNDATION (EIN 363809567) - 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

1992

Legal Domicile

Principal Officer

NABIL MOUBAYED

Phone

3123463135

Tax Period

2024-01-01 to 2024-12-31

ILLINOIS HOTEL & LODGING EDUCATIONAL FOUNDATION, founded in 1992, is a small nonprofit in the Education sector that reported $159K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $73K, a strong 46% operating margin.

Mission

ILLINOIS HOTEL & LODGING ASSOCIATION EDUCATIONAL FOUNDATION (IHLAEF) IS DEDICATED (SEE SCH O) TO MENTORING FUTURE HOTEL EMPLOYEES AND PROVIDING CONTINUING EDUCATION FOR CURRENT HOSPITALITY INDUSTRY EMPLOYEES.

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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 $139,036

Program Service Revenue $0

Investment Income $22,393

Other Revenue $-2,395

TOTAL REVENUE $159,034

Expense Breakdown

Grants Paid $20,260

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $82,986

Other Expenses $65,329

TOTAL EXPENSES $85,589

Year-over-Year Comparison

	2024	2023	Change
Revenue	$159,034	$83,957	+0.9%
Expenses	$85,589	$73,025	+0.2%
Net Income	$73,445	$10,932	+5.7%

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

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

$358,605

Total Directors

$358,605

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL JACOBSON	PRESIDENT & CEO/DIRECTOR	2.00	Officer Director	$0	$0	$358,605
IRIS JUNGE	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
NABIL MOUBAYED	CHAIRMAN	2.00	Officer Director	$0	$0	$0
ANDREW SCHWEBEL	DIRECTOR	2.00	Director	$0	$0	$0
KONSTANTINE DROSOS	DIRECTOR	2.00	Director	$0	$0	$0
LAN LI	DIRECTOR	2.00	Director	$0	$0	$0
MARC J GORDON	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL KRAUSE	DIRECTOR	2.00	Director	$0	$0	$0
PETER SIMONCELLI	DIRECTOR	2.00	Officer Director	$0	$0	$0
PIERRE-LOUIS GIACCOTTO	DIRECTOR	2.00	Director	$0	$0	$0
RICH CIALABRINI	DIRECTOR	2.00	Director	$0	$0	$0
SHEVKET DARDOVSKI	DIRECTOR	2.00	Director	$0	$0	$0
TOMMIE VAN	DIRECTOR	2.00	Director	$0	$0	$0
VIRGINIA MORRISON	DIRECTOR	2.00	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	$159,034	$85,589	$493,947	$73,445
2023	$83,957	$73,025	$406,549	$10,932
2022	$40,268	$33,521	$378,255	$6,747
2021	$71,761	$35,875	$392,598	$35,886
2020	$28,939	$54,056	$345,111	$-25,117
2019	$87,628	$69,208	$358,646	$18,420
2018	$88,742	$62,275	$314,521	$26,467

ILLINOIS HOTEL & LODGING EDUCATIONAL FOUNDATION