Illinois Ready Mixed Concrete Association (EIN 371003241) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

Jim Randolph

Phone

3098622144

Tax Period

2023-01-01 to 2023-12-31

Illinois Ready Mixed Concrete Association, founded in 1981, is a small nonprofit that reported $624K in total revenue in fiscal year 2023. Expenses of $533K left a modest 15% surplus.

Mission

To provide education and service to the members of the assocation.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $150,900

Program Service Revenue $436,542

Investment Income $19,655

Other Revenue $17,121

TOTAL REVENUE $624,218

Expense Breakdown

Grants Paid $0

Salaries & Benefits $314,344

Fundraising Expenses $0

Other Expenses $218,339

TOTAL EXPENSES $532,683

Year-over-Year Comparison

	2023	2022	Change
Revenue	$624,218	$634,457	0.0%
Expenses	$532,683	$433,747	+0.2%
Net Income	$91,535	$200,710	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$151,163

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jim Randolph	Executive Dir.	40.00	Officer	$151,163	$0	$151,163
Matthew Meyer	President	1.00	Officer Director	$0	$0	$0
David Barnes	Director	1.00	Director	$0	$0	$0
Bridget Bleigh	Director	1.00	Director	$0	$0	$0
Jeff Fortner	Director	1.00	Director	$0	$0	$0
Tim Huiner	Director	1.00	Director	$0	$0	$0
A J Bimrose	Director	1.00	Director	$0	$0	$0
Scott Kelly	Director	1.00	Director	$0	$0	$0
Lee Newton	Director	1.00	Director	$0	$0	$0
Scott Maberry	Director	1.00	Director	$0	$0	$0
Tim Burke	Director	1.00	Director	$0	$0	$0
Mark Messaglia	Director	1.00	Director	$0	$0	$0
Mike DeJong	Vice President	1.00	Officer Director	$0	$0	$0
Jim Gallagher	Director	1.00	Director	$0	$0	$0
Neil Hustedde	Director	1.00	Director	$0	$0	$0
Jamie Maley	Secretary/Treas	1.00	Officer Director	$0	$0	$0
Dave LaPointe	Director	1.00	Director	$0	$0	$0
Reza Nili	Director	1.00	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	No data	No data	No data	No data
2023	$624,218	$532,683	$847,175	$91,535
2022	$634,457	$433,747	$732,129	$200,710
2021	$529,777	$457,933	$509,541	$71,844
2020	$612,375	$562,367	$474,274	$50,008
2019	$630,298	$621,658	$485,468	$8,640
2018	$572,104	$591,208	$437,761	$-19,104

Illinois Ready Mixed Concrete Association