FEEDING ILLINOIS

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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

2002

Legal Domicile

Principal Officer

STEPHEN ERICSON

Phone

6307688068

Tax Period

2024-07-01 to 2025-06-30

FEEDING ILLINOIS, founded in 2002, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $3.0M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring.

Mission

FEEDING ILLINOIS IS A COALITION OF EIGHT FEEDING AMERICA FOOD BANKS THAT PROVIDE FOOD TO OVER 2,400 FOOD PANTRIES, SOUP KITCHENS, AND SHELTERS THAT FEED NEARLY 1.4 MILLION RESIDENTS ACROSS THE ENTIRE STATE OF ILLINOIS.

Program Service Accomplishments

Program 1

Expenses: $2,957,641

TO PROVIDE EDUCATION AND OUTREACH RAISING AWARENESS ABOUT HUNGER NETWORK OF PRIVATE, PUBLIC, PHILANTHROPIC, AND NONPROFIT PARTNERS DEDICATED TO WORKING TOGETHER TO END HUNGER. TO EXECUTE GRANT...

TO PROVIDE EDUCATION AND OUTREACH RAISING AWARENESS ABOUT HUNGER NETWORK OF PRIVATE, PUBLIC, PHILANTHROPIC, AND NONPROFIT PARTNERS DEDICATED TO WORKING TOGETHER TO END HUNGER. TO EXECUTE GRANT CONTRACTS - INCLUDING OVERSIGHT OF SNAP OUTREACH ACTIVITIES AMONG CONTRACTED FOOD BANKS, IN SERVING FOOD- INSECURE FAMILIES, FRIENDS, COLLEAGUES, AND NEIGHBORS WITHIN OUR STATEWIDE FOOD BANK NETWORK. TO PROVIDE LEADERSHIP AND BUILD COLLABORATIVE SUPPORT IN SEEKING TO DEVELOP AN AGRICULTURAL SURPLUS CAPTURE PROGRAM IN CONJUNCTION WITH THE EMERGENCY FOOD SYSTEM WORKING GROUP OF THE ILLINOIS COMMISSION TO END HUNGER.

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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 $2,987,586

Program Service Revenue $0

Investment Income $9,612

Other Revenue $0

TOTAL REVENUE $2,997,198

Expense Breakdown

Grants Paid $0

Salaries & Benefits $114,222

Fundraising Expenses $734

Program Expenses $2,957,641

Other Expenses $2,912,026

TOTAL EXPENSES $3,026,248

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,997,198	$4,260,893	-0.3%
Expenses	$3,026,248	$4,664,629	-0.4%
Net Income	$-29,050	$-403,736	-0.9%

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

$106,074

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN ERICSON	EXECUTIVE DI	40.00	Officer	$106,074	$0	$106,074
KELLY DALY	TREASURER	1.00	Officer Director	$0	$0	$0
CHRIS FORD	SECRETARY	1.00	Officer Director	$0	$0	$0
ZAC HERONEMUS	DIRECTOR	1.00	Officer Director	$0	$0	$0
MEREDITH KNOPP	DIRECTOR	3.00	Officer Director	$0	$0	$0
KATE MAEHR	DIRECTOR	1.00	Officer Director	$0	$0	$0
PAM MOLITORIS	DIRECTOR	1.00	Officer Director	$0	$0	$0
JULIE YURKO	PRESIDENT	1.00	Officer 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	$2,997,198	$3,026,248	$2,945,883	$-29,050
2024	$4,260,893	$4,664,629	$2,073,893	$-403,736
2023	$22,868,172	$21,865,486	$8,819,201	$1,002,686
2022	$1,433,898	$1,608,429	$726,753	$-174,531
2021	$1,021,855	$374,316	$919,261	$647,539
2020	$773,852	$743,552	$280,041	$30,300
2019	$175,146	$254,036	$194,236	$-78,890
2018	$154,836	$155,823	$242,197	$-987