ILLINOIS PRESS FOUNDATION INC (EIN 371139015) - 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

1982

Legal Domicile

Principal Officer

JERRY REPPERT

Phone

2172411300

Tax Period

2023-01-01 to 2023-12-31

ILLINOIS PRESS FOUNDATION INC, founded in 1982, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 111% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE JOURNALISM IN ILLINOIS AND THROUGHOUT THE COUNTRY

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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 $940,148

Program Service Revenue $27,403

Investment Income $62,593

Other Revenue $0

TOTAL REVENUE $1,030,144

Expense Breakdown

Grants Paid $41,913

Salaries & Benefits $638,016

Fundraising Expenses $117,103

Program Expenses $823,109

Other Expenses $315,189

TOTAL EXPENSES $1,010,118

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,030,144	$489,350	+1.1%
Expenses	$1,010,118	$560,727	+0.8%
Net Income	$20,026	$-71,377	-1.3%

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

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

$76,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY REPPERT	PRESIDENT	3.00	Officer Director	$0	$0	$0
JIM SLONOFF	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
NATHAN JONES	TREASURER	2.00	Officer Director	$0	$0	$0
CHARLES WHEELER	SECRETARY	2.00	Officer Director	$0	$0	$0
JASON PISCIA	DIRECTOR	1.00	Director	$0	$0	$0
JULIE BOREN	DIRECTOR	1.00	Director	$0	$0	$0
KATHY FARREN	DIRECTOR	3.00	Director	$0	$0	$0
JOHN GALER	DIRECTOR	1.00	Director	$0	$0	$0
LINDA JONES	DIRECTOR	1.00	Director	$0	$0	$0
P CARTER NEWTON	DIRECTOR	1.00	Director	$0	$0	$0
DOUG RAY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN DAVID REED	DIRECTOR	1.00	Director	$0	$0	$0
JON WHITNEY	DIRECTOR	1.00	Director	$0	$0	$0
DR PEGGY BRADFORD	DIRECTOR	1.00	Director	$0	$0	$0
JIM SHRADER	DIRECTOR	1.00	Director	$0	$0	$0
WENDY MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
RON WALLACE	DIRECTOR	1.00	Director	$0	$0	$0
SAM FISHER	DIRECTOR	3.00	Director	$0	$0	$0
DR LORETTA MEEKS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF ROGERS	EXECUTIVE DIRECTOR	40.00	Officer	$70,213	$6,287	$76,500

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	$1,030,144	$1,010,118	$2,422,544	$20,026
2022	$489,350	$560,727	$1,569,701	$-71,377
2021	$519,118	$451,873	$1,805,198	$67,245
2020	$453,257	$437,692	$1,939,900	$15,565
2019	$331,780	$450,755	$1,864,509	$-118,975
2018	$405,412	$335,514	$1,883,252	$69,898

ILLINOIS PRESS FOUNDATION INC