INDIANA ILLINOIS & IOWA FOUNDATION… - Form 990 Financial Data

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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

1999

Legal Domicile

Phone

8152543332

Tax Period

2024-06-01 to 2025-05-31

INDIANA ILLINOIS & IOWA FOUNDATION FOR FAIR CONTRACTING, founded in 1999, is a community nonprofit in the Employment sector that reported $5.0M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

THE INDIANA, ILLINOIS AND IOWA FOUNDATION FOR FAIR CONTRACTING MONITORS AND TRACKS CONSTRUCTION PROJECTS FOR POSSIBLE VIOLATIONS OF THE DAVIS-BACON ACT.

Program Service Accomplishments

Program 1

THE INDIANA, ILLINOIS AND IOWA FOUNDATION FOR FAIR CONTRACTING MONITORS AND TRACKS CONSTRUCTION PROJECTS FOR POSSIBLE VIOLATIONS OF THE DAVIS-BACON ACT. BY ITS ACTIVITIES, THE III FFC ENHANCES...

THE INDIANA, ILLINOIS AND IOWA FOUNDATION FOR FAIR CONTRACTING MONITORS AND TRACKS CONSTRUCTION PROJECTS FOR POSSIBLE VIOLATIONS OF THE DAVIS-BACON ACT. BY ITS ACTIVITIES, THE III FFC ENHANCES OPPORTUNITIES IN SUPPORT OF FAIR BIDDING FOR RESPONSIBLE CONTRACTORS, ENSURES THE FAIR PAYMENT OF WAGES AND FRINGE BENEFITS AND PROTECTS TAXPAYER DOLLARS.

Program 2

INDIANA, ILLINOIS AND IOWA FOUNDATION FOR FAIR CONTRACTING SCHOLARSHIP FOR STUDENTS ENROLLED IN A LABOR AND EMPLOYMENT LAW PROGRAM.

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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 $4,800,086

Program Service Revenue $0

Investment Income $0

Other Revenue $154,954

TOTAL REVENUE $4,955,040

Expense Breakdown

Grants Paid $845,120

Salaries & Benefits $2,419,420

Fundraising Expenses $0

Other Expenses $1,849,489

TOTAL EXPENSES $5,114,029

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,955,040	$5,853,972	-0.2%
Expenses	$5,114,029	$4,869,438	+0.1%
Net Income	$-158,989	$984,534	-1.2%

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

Independent Members

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

Total Directors

Key Employees

$440,877

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARSHALL DOUGLAS	TRUSTEE	1.00	Director	$0	$0	$0
JEFFREY HORNE	TRUSTEE	1.00	Director	$0	$0	$0
JAMES SWEENEY	TRUSTEE	1.00	Director	$0	$0	$0
DAVID SNELTEN	SECRETARY	1.00	Director	$0	$0	$0
ED KOCSIS	TRUSTEE	1.00	Director	$0	$0	$0
DAVID FAGAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DAN AUSSEM	TRUSTEE	1.00	Director	$0	$0	$0
DEB TOPPERT	TRUSTEE	1.00	Director	$0	$0	$0
MIKE KRESGE	TRUSTEE	1.00	Director	$0	$0	$0
ERIC ENGLEKING	TRUSTEE	1.00	Director	$0	$0	$0
MARC POULOS	EXECUTIVE DIRECTOR	1.00	Key Emp	$0	$107,200	$440,877

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	$4,955,040	$5,114,029	$2,060,259	$-158,989
2024	$5,853,972	$4,869,438	$2,804,106	$984,534
2023	$4,559,237	$4,405,134	$2,186,297	$154,103
2022	$4,051,385	$3,756,387	$1,894,340	$294,998
2021	$4,529,878	$3,386,058	$1,893,137	$1,143,820
2020	$3,748,068	$3,357,121	$1,164,811	$390,947
2020	$3,748,068	$3,357,121	$1,164,811	$390,947
2019	$3,378,399	$3,066,882	$951,032	$311,517
2018	$2,935,394	$2,649,909	$935,309	$285,485

INDIANA ILLINOIS & IOWA FOUNDATION FOR FAIR CONTRACTING