SOUTHERN & CENTRAL ILLINOIS LABORERS- EMPLOYERS COOPERATION & EDUCATION TRUST (EIN 371313584) - 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

1993

Legal Domicile

Principal Officer

JOE RILEY

Phone

6189984600

Tax Period

2024-01-01 to 2024-02-29

SOUTHERN & CENTRAL ILLINOIS LABORERS- EMPLOYERS COOPERATION & EDUCATION TRUST, founded in 1993, is a micro nonprofit that reported $165 in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $26K exceeded revenue, resulting in a 15828% operating deficit.

Mission

ADDRESS LABOR-MANAGEMENT NEED IN STATE OF ILLINOIS

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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 $0

Program Service Revenue $0

Investment Income $165

Other Revenue $0

TOTAL REVENUE $165

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $13,665

Fundraising Expenses $0

Other Expenses $10,616

TOTAL EXPENSES $26,281

Year-over-Year Comparison

	2023	2022	Change
Revenue	$165	$598,142	-1.0%
Expenses	$26,281	$421,542	-0.9%
Net Income	$-26,116	$176,600	-1.1%

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

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

$25,538

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRAD SCHAIVE	TRUSTEE	1.00	Director	$0	$0	$0
RUSTY DAVENPORT	TRUSTEE	1.00	Director	$0	$0	$0
TOM ALBERS	TRUSTEE	1.00	Director	$0	$0	$0
DONNA RICHTER	TRUSTEE	1.00	Director	$0	$0	$0
DAVID TYROLT	TRUSTEE	1.00	Director	$0	$0	$0
KEITH PRITCHETT	TRUSTEE/SEC-TREASURER	1.00	Officer Director	$0	$0	$0
MATT SMITH	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JERRY WOMICK	TRUSTEE	1.00	Director	$0	$0	$0
JOE RILEY	DIRECTOR	40.00	Officer	$19,627	$5,911	$25,538

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	$165	$26,281	No data	$-26,116
2023	$598,142	$421,542	$1,094,066	$176,600
2022	$409,653	$458,976	$851,674	$-49,323
2021	$600,510	$457,390	$1,065,111	$143,120
2020	$506,353	$477,912	$951,550	$28,441
2019	$427,095	$585,189	$874,175	$-158,094
2018	$472,795	$551,001	$965,881	$-78,206

SOUTHERN & CENTRAL ILLINOIS LABORERS- EMPLOYERS COOPERATION & EDUCATION TRUST