Illinois Association for Floodplai… - Form 990 Financial Data

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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

2005

Legal Domicile

Principal Officer

Dallas Alley

Tax Period

2024-01-01 to 2024-12-31

Illinois Association for Floodplain and Stormwater Management, founded in 2005, is a small nonprofit in the Public Safety sector that reported $288K in total revenue in fiscal year 2024.

Mission

To promote public awareness of proper floodplain and stormwater management

Program Service Accomplishments

Program 1

Expenses: $169,960

To promote public awareness of proper floodplain and stormwater management

Program 2

Expenses: $27,691

To promote professional status of floodplain and stormwater management and secure all benefits resulting therefrom

Program 3

Expenses: $7,646

To promote a liasison between individuals concered with proper floodplain and stormwater management and to encourage the exchange of ideas

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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 $7,850

Program Service Revenue $280,094

Investment Income $0

Other Revenue $20

TOTAL REVENUE $287,964

Expense Breakdown

Grants Paid $0

Salaries & Benefits $753

Fundraising Expenses $0

Program Expenses $205,297

Other Expenses $283,748

TOTAL EXPENSES $284,501

Year-over-Year Comparison

	2024	2023	Change
Revenue	$287,964	$282,400	+0.0%
Expenses	$284,501	$276,255	+0.0%
Net Income	$3,463	$6,145	-0.4%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stephen Altman	Chairman	6.00	Officer	$0	$0	$0
Dallas Alley	President	5.00	Officer	$0	$0	$0
Sharon Osterby	Vice President	5.00	Officer	$0	$0	$0
Mary Richardson	Treasurer	4.00	Officer	$0	$0	$0
Sarah Harbaugh	Executive Dir.	6.00	Officer	$0	$0	$0
Jenny Loewenstein	Secretary	5.00	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
2025	No data	No data	No data	No data
2024	$287,964	$284,501	$458,929	$3,463
2023	$282,400	$276,255	$504,131	$6,145
2022	$179,648	$155,557	$485,115	$24,091
2021	$172,521	$116,518	$424,854	$56,003
2020	$256,551	$200,173	$368,851	$56,378
2019	$211,055	$234,450	$397,893	$-23,395
2018	$286,345	$214,831	$375,861	$71,514

Illinois Association for Floodplain and Stormwater Management