CBAI FOUNDATION FOR COMMUNITY BANKING (EIN 371361103) - 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

1996

Legal Domicile

Principal Officer

KRAIG LOUNSBERRY

Phone

2175292265

Tax Period

2024-07-01 to 2025-06-30

CBAI FOUNDATION FOR COMMUNITY BANKING, founded in 1996, is a micro nonprofit in the Education sector that reported $97K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $127K exceeded revenue, resulting in a 31% operating deficit.

Mission

WE SERVE THE PUBLIC BY PROVIDING EDUCATIONAL SCHOLARSHIPS TO GRADUATING ILLINOIS HIGH SCHOOL SENIORS.

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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 $55,842

Program Service Revenue $0

Investment Income $34,023

Other Revenue $7,165

TOTAL REVENUE $97,030

Expense Breakdown

Grants Paid $37,494

Salaries & Benefits $0

Fundraising Expenses $35,238

Program Expenses $57,516

Other Expenses $89,899

TOTAL EXPENSES $127,393

Year-over-Year Comparison

	2024	2023	Change
Revenue	$97,030	$71,701	+0.4%
Expenses	$127,393	$128,417	0.0%
Net Income	$-30,363	$-56,716	-0.5%

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
AMY THIEDE	CHAIRWOMAN	1.00	Officer Director	$0	$0	$0
KATIE ASHWORTH	VICE CHAIRWOMAN	1.00	Officer Director	$0	$0	$0
KRAIG LOUNSBERRY	PRESIDENT	1.00	Officer Director	$0	$0	$0
COLE STENZEL	DIRECTOR	1.00	Director	$0	$0	$0
JIM WEAST	DIRECTOR	1.00	Director	$0	$0	$0
MARY JO HOMAN	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS CLEM	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL GILL	DIRECTOR	1.00	Director	$0	$0	$0
STEVE WILL	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
2025	$97,030	$127,393	$1,330,283	$-30,363
2024	No data	No data	No data	No data
2023	$77,823	$131,543	$1,263,975	$-53,720
2022	$83,054	$123,321	$1,260,344	$-40,267
2021	$69,297	$128,845	$1,340,774	$-59,548
2020	$66,051	$114,167	$1,272,275	$-48,116
2019	$65,124	$127,209	$1,260,806	$-62,085
2018	$105,812	$131,316	$1,755,482	$-25,504

CBAI FOUNDATION FOR COMMUNITY BANKING