Illinois Heart & Lung Foundation

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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

2000

Legal Domicile

Principal Officer

Suniti Sud

Phone

3096638297

Tax Period

2019-01-01 to 2019-12-31

Illinois Heart & Lung Foundation, founded in 2000, is a small nonprofit that reported $156K in total revenue in fiscal year 2019. Expenses of $177K exceeded revenue, resulting in a 13% operating deficit.

Mission

To provide support and resources for the people of our communities to improve their health. The Illinois Heart & Lung Foundation exists to serve our diverse population by improving heart and lung health outcomes through timely and relevant education of our community and healthcare providers.

Program Service Accomplishments

Program 1

Expenses: $9,719 Revenue: $9,302

Family Health Expo

Program 2

Expenses: $5,194 Revenue: $255

Automated External Defibrillator Program - Program to provide organizations and individuals with the resources and information to maintain an automated external defibrillator.

Program 3

Expenses: $4,500

Community Grant Program - To provide monetary assistance in the form of scholarships to non-traditional nursing students and grants to interested medical practices in the community.

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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 (2019)

Revenue Breakdown

Contributions & Grants $112,492

Program Service Revenue $340

Investment Income $-85

Other Revenue $43,398

TOTAL REVENUE $156,145

Expense Breakdown

Grants Paid $9,684

Salaries & Benefits $25,668

Fundraising Expenses $32,491

Program Expenses $19,844

Other Expenses $141,452

TOTAL EXPENSES $176,804

Year-over-Year Comparison

	2019	2018	Change
Revenue	$156,145	$160,840	0.0%
Expenses	$176,804	$209,752	-0.2%
Net Income	$-20,659	$-48,912	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nicholas Kessler	President	2.00	Officer Director	$0	$0	$0
Robert Braastad	Board Member	2.00	Director	$0	$0	$0
John Burr	Medical Dir.	2.00	Officer Director	$0	$0	$0
Eric Bridges	Board Member	2.00	Director	$0	$0	$0
Denise Geske	Board Member	2.00	Director	$0	$0	$0
Dory Jarzabkowski	Board Member	2.00	Director	$0	$0	$0
James McCriskin	Board Member	2.00	Director	$0	$0	$0
Jay Rich	Board Member	4.00	Director	$0	$0	$0
Wendy Schaffer	Secretary	4.00	Officer Director	$0	$0	$0
Suniti Sud	Treasurer	2.00	Officer Director	$0	$0	$0
Jerey McKinney	Vice President	2.00	Officer Director	$0	$0	$0
Bill Neil	Board Member	2.00	Director	$0	$0	$0
Lisa Slater	Executive Dir.	2.00	Officer	$0	$0	$0
Kathi Franklin	Fmr Exec. Dir.	40.00	Officer	$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
2019	$156,145	$176,804	$54,592	$-20,659
2018	$160,840	$209,752	$57,701	$-48,912