ILLINOIS ASSOCIATION OF TECHNICAL

EIN: 363981193 501(c)(3) Education

CHICAGO, IL

Total Revenue
$44,187
Total Expenses
$34,919
Total Assets
N/A
Net Assets
N/A
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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
2012
Legal Domicile
IL
Principal Officer
KRISTA KELLAM
Phone
7083637793
Tax Period
2021-01-01 to 2021-12-31

ILLINOIS ASSOCIATION OF TECHNICAL, founded in 2012, is a micro nonprofit in the Education sector that reported $44K in total revenue in fiscal year 2021. Revenue surged 2355% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9K, a strong 21% operating margin.

Mission

PROMOTE INVESTIGATING KNOWLEDGE

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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 (2021)

Revenue Breakdown

Contributions & Grants $44,187
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $44,187

Expense Breakdown

Grants Paid $34,783
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $136
TOTAL EXPENSES $34,919

Year-over-Year Comparison

2021 2020 Change
Revenue $44,187 $1,800 +23.5%
Expenses $34,919 $1,402 +23.9%
Net Income $9,268 $398 +22.3%
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
4
Independent Members
4
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID KELTNER PRESIDENT 10
Officer
$0 $0 $0
MICHAEL FANNIN VICE PRESIDENT 10
$0 $0 $0
DANIEL LUDWIG SECRETARY 10
$0 $0 $0
KRISTA KELLAM TREASURER 15
$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 $44,187 $34,919 No data $9,268
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