ILLINOIS-EASTERN IA DIST OF KIWANIS INTL SPASTIC PARALYSIS RES FDTN (EIN 366070441) - 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

1952

Legal Domicile

Principal Officer

KEN WHITMORE

Phone

8153298244

Tax Period

2023-10-01 to 2024-09-30

ILLINOIS-EASTERN IA DIST OF KIWANIS INTL SPASTIC PARALYSIS RES FDTN, founded in 1952, is a small nonprofit in the Medical Research sector that reported $272K in total revenue in fiscal year 2017. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $79K, a strong 29% operating margin.

Mission

TO PROVIDE FUNDS FOR SPASTIC PARALYSIS RESEARCH AND APPLIED DISEASES OF THE CENTRAL NERVOUS SYSTEM.

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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 $181,202

Program Service Revenue $0

Investment Income $57,058

Other Revenue $0

TOTAL REVENUE $238,260

Expense Breakdown

Grants Paid $167,686

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $167,686

Other Expenses $33,683

TOTAL EXPENSES $201,369

Year-over-Year Comparison

	2023	2022	Change
Revenue	$238,260	$139,437	+0.7%
Expenses	$201,369	$221,287	-0.1%
Net Income	$36,891	$-81,850	-1.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEN WHITMORE	EXECUTIVE DIRECTOR	5.00	Officer Director	$0	$0	$0
LARRY FORSBERG	PRESIDENT	5.00	Officer Director	$0	$0	$0
MARK PETERSEN	TREASURER	5.00	Officer Director	$0	$0	$0
DUSTIN MORRISON	IMMEDIATE PAST GOVERNOR	0.30	Director	$0	$0	$0
TOM WILLIS	GOVERNOR	0.30	Director	$0	$0	$0
KIM GROOM	GOVERNOR-ELECT	0.30	Director	$0	$0	$0
JIM ROCHFORD	PAST GOVERNOR	0.30	Director	$0	$0	$0
ANGIE BURFORD	PAST GOVERNOR	0.30	Director	$0	$0	$0
MARY ZERONAS	PAST LT. GOVERNOR	0.30	Director	$0	$0	$0
DOUG FINK	PAST LT. GOVERNOR	0.30	Director	$0	$0	$0
BOB WILTON	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JYL ZUBIATE	PENGUIN PROJECT COMMITTEE CHAIR	0.30	Director	$0	$0	$0
DR ROGER ELBLE	MEDICAL DIRECTOR	0.30	Director	$0	$0	$0
EMMA DABEANE	KEY CLUB GOVERNOR	0.30	Director	$0	$0	$0
NATHAN BETTIS	CIRCLE K GOVERNOR	0.30	Director	$0	$0	$0
JILL HAACKE	KIWANIS II DISTRICT INTERIM EXEC DIRECTOR	0.30	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
2025	No data	No data	No data	No data
2024	$238,260	$201,369	$1,882,581	$36,891
2023	$139,437	$221,287	$1,544,658	$-81,850
2022	$254,196	$160,070	$1,479,857	$94,126
2021	$314,773	$219,253	$1,766,866	$95,520
2020	$212,266	$217,807	$1,474,630	$-5,541
2019	$179,612	$205,601	$1,497,400	$-25,989
2018	$272,352	$193,427	$1,539,478	$78,925

ILLINOIS-EASTERN IA DIST OF KIWANIS INTL SPASTIC PARALYSIS RES FDTN