ILLINOIS VENTURES FOR COMMUNITY ACTION (EIN 371245401) - 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

1989

Legal Domicile

Principal Officer

GINA STRAFFORD-AHMED

Phone

2175224553

Tax Period

2025-01-01 to 2025-10-03

ILLINOIS VENTURES FOR COMMUNITY ACTION, founded in 1989, is a micro nonprofit that reported $22K in total revenue in fiscal year 2024. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 8000% operating deficit.

Mission

ADMINISTERS FEDERAL CSBG LOW-INTEREST LOAN PROGRAM AND EQUITY INVESTMENTS TO PROVIDE JOB CREATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $20,055

Other Revenue $2,086

TOTAL REVENUE $22,141

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,664

Other Expenses $1,793,429

TOTAL EXPENSES $1,793,429

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,141	$197,111	-0.9%
Expenses	$1,793,429	$164,333	+9.9%
Net Income	$-1,771,288	$32,778	-55.0%

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

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
GINA STRAFFORD-AHMED	PRESIDENT	1.00	Officer Director	$0	$0	$0
DARLENE JOHNSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
AMY LYERLA	SECRETARY	1.00	Officer Director	$0	$0	$0
KEVIN BUSHUR	TREASURER	1.00	Officer Director	$0	$0	$0
LYNN PETRELLI	BOARD MEMBER	1.00	Director	$0	$0	$0
RANA QUESAL	BOARD MEMBER	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
2025	$22,141	$1,793,429	No data	$-1,771,288
2024	$68,648	$130,473	$1,781,536	$-61,825
2023	$197,111	$164,333	$1,775,904	$32,778
2022	$1,075,695	$167,913	$6,654,919	$907,782
2021	$38,041	$209,120	$7,084,723	$-171,079
2020	$-216,079	$408,282	$7,285,848	$-624,361
2019	$198,686	$6,598,757	$8,167,984	$-6,400,071

ILLINOIS VENTURES FOR COMMUNITY ACTION