IL BOARD OF ADMISSIONS TO THE BAR

EIN: 376002055

SPRINGFIELD, IL

Total Revenue
$4,901,098
Total Expenses
$4,781,851
Total Assets
$11,025,305
Net Assets
$10,538,421
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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
1858
Legal Domicile
IL
Principal Officer
RITA NOVAK
Phone
2175225917
Tax Period
2024-10-01 to 2025-09-30

IL BOARD OF ADMISSIONS TO THE BAR, founded in 1858, is a community nonprofit that reported $4.9M in total revenue in fiscal year 2024. Net assets of $10.5M represent 26 months of operating reserves.

Mission

THE TESTING OF CANDIDATES FOR ADMISSION TO THE BAR OF THE STATE OF ILLINOIS AND THE DETERMINATION OF THE GOOD MORAL CHARACTER AND GENERAL FITNESS TO PRACTICE LAW IN 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,631,034
Investment Income $270,064
Other Revenue $0
TOTAL REVENUE $4,901,098

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,101,956
Fundraising Expenses $0
Other Expenses $2,679,895
TOTAL EXPENSES $4,781,851

Year-over-Year Comparison

2024 2023 Change
Revenue $4,901,098 $4,615,129 +0.1%
Expenses $4,781,851 $4,722,756 +0.0%
Net Income $119,247 $-107,627 -2.1%
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

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Governance

Voting Members
7
Independent Members
7
Employees
152
Volunteers
108

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
4
$193,117
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZANNE SCHMITZ PRESIDENT 10.00
Officer Director
$0 $0 $0
RITA NOVAK VICE PRESIDENT & SECRETARY 5.00
Officer Director
$0 $0 $0
KELLI GORDON TREASURER 5.00
Officer Director
$0 $0 $0
RHANDI ANDERSON BOARD MEMBER 5.00
Director
$0 $0 $0
LINDA CRANE BOARD MEMBER 5.00
Director
$0 $0 $0
RANDY JOHNSON BOARD MEMBER 5.00
Director
$0 $0 $0
BRIAN TOWNE BOARD MEMBER 5.00
Director
$0 $0 $0
CASSANDRA HILL EX-OFFICIO MEMBER 5.00
Director
$0 $0 $0
CHRISTINA CANTLIN-VANWIGGEREN BOARD MEMBER 5.00
Director
$0 $0 $0
SHELLY JOHNSON BOARD MEMBER 5.00
Director
$0 $0 $0
ERIC LOHRENZ DIRECTOR OF ADMINISTRATION 45.00
Officer
$193,117 $0 $193,117
CAROLYN HOMANN DEPUTY DIRECTOR 40.00
Highest
$126,153 $0 $126,153
ALEXANDRA RICE STAFF ATTORNEY 40.00
Highest
$118,185 $0 $118,185
DUANE SCHUSTER SENIOR STAFF ATTORNEY 40.00
Highest
$114,237 $0 $114,237
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 $4,901,098 $4,781,851 $11,025,305 $119,247
2024 $4,615,129 $4,722,756 $10,553,359 $-107,627
2023 $4,141,549 $4,187,350 $10,286,610 $-45,801
2022 $3,343,703 $3,752,053 $9,995,344 $-408,350
2020 $2,819,422 $2,637,740 $10,500,041 $181,682
2019 $3,839,397 $3,276,265 $8,798,104 $563,132
2018 $3,334,570 $3,182,596 $8,224,577 $151,974
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