Springfield, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Illinois Retired Teachers Association Foundation Inc, founded in 1985, is a small nonprofit that reported $447K in total revenue in fiscal year 2024. Expenses of $395K left a modest 12% surplus.
Serving the needs of educators through leadership development, growth in self, and service to all mankind.
The IRTA Foundation assists retired educators who struggle financially, awards scholarships to college students majoring in education, gives grants to classroom teachers for special projects.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $447,261 | $460,751 | 0.0% |
| Expenses | $395,214 | $399,247 | 0.0% |
| Net Income | $52,047 | $61,504 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| William Funkhouser | Past Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Don Ostrom | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LaVonne Chaney | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jo Anne Nelson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Caryn Graham | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| James Barr | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Linda Nott | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Susan Greene | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Beatrice Ann Johnson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Marjorie Sucansky | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Wendy Wiegers | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Sharon W Urban | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Lanny Smith | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mike Schmidt | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rainy Kaplan | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Mary May | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Deloris Turner | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Erica Pinkley | Comptroller | 1.00 |
Officer
|
$0 | $18,947 | $113,660 |
| Jessica Newbold Hoselton | Executive Director | 1.00 |
Officer
|
$0 | $37,343 | $210,379 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $447,261 | $395,214 | $2,740,684 | $52,047 |
| 2023 | $460,751 | $399,247 | $2,775,418 | $61,504 |
| 2022 | $891,648 | $522,469 | $2,815,539 | $369,179 |
| 2021 | $560,020 | $379,562 | $2,518,839 | $180,458 |
| 2020 | $482,443 | $356,800 | $2,324,154 | $125,643 |
| 2019 | $413,743 | $370,740 | $2,275,445 | $43,003 |
| 2018 | $431,410 | $382,227 | $2,326,109 | $49,183 |
Compare Illinois Retired Teachers Association Foundation Inc with other nonprofits in Illinois and across the country.