Illinois Clean Energy Community Foundation (EIN 364334358) - 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

1999

Legal Domicile

Phone

3123725191

Tax Period

2024-01-01 to 2024-11-26

Illinois Clean Energy Community Foundation, founded in 1999, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $70.4M exceeded revenue, resulting in a 3828% operating deficit.

Mission

Illinois Clean Energy Community Foundation is established to support programs & projects that improve energy efficiency, develop renewable resources, and preserve natural areas and wildlife habitats in Illinois.

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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 $0

Program Service Revenue $0

Investment Income $1,792,425

Other Revenue $0

TOTAL REVENUE $1,792,425

Expense Breakdown

Grants Paid $67,564,520

Salaries & Benefits $2,129,968

Fundraising Expenses $0

Program Expenses $69,630,835

Other Expenses $712,697

TOTAL EXPENSES $70,407,185

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,792,425	$14,887,520	-0.9%
Expenses	$70,407,185	$10,969,591	+5.4%
Net Income	$-68,614,760	$3,917,929	-18.5%

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

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

$489,616

Total Directors

$125,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Vice-Chairman	6.0	Officer Director	$20,000	$0	$20,000
N/A	Treasurer	6.0	Officer Director	$20,000	$0	$20,000
N/A	Chairman	8.0	Officer Director	$25,000	$0	$25,000
N/A	Secretary	6.0	Officer Director	$20,000	$0	$20,000
N/A	TRUSTEE	6.0	Director	$20,000	$0	$20,000
N/A	Trustee	6.0	Director	$20,000	$0	$20,000
N/A	Executive Director	40.0	Officer	$394,616	$10,000	$404,616
N/A	Controller	16.0	Highest	$168,316	$13,318	$181,634
N/A	Managing Director of Accounting and Operations	40.0	Highest	$344,562	$12,373	$356,935
N/A	Program Director	32.0	Highest	$354,974	$26,867	$381,841
N/A	Grant Administrator	40.0	Highest	$185,808	$21,107	$206,915
N/A	Administrative Assistant	40.0	Highest	$139,228	$13,375	$152,603

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	$1,792,425	$70,407,185	No data	$-68,614,760
2023	$14,887,520	$10,969,591	$68,476,795	$3,917,929
2022	$2,428,246	$26,613,502	$75,831,384	$-24,185,256
2021	$11,008,652	$7,860,574	$107,689,503	$3,148,078
2020	$6,487,925	$14,423,208	$108,311,925	$-7,935,283
2019	$3,280,379	$15,451,955	$115,119,889	$-12,171,576
2018	$2,636,747	$10,172,590	$117,557,370	$-7,535,843

Illinois Clean Energy Community Foundation