ILLINOIS ASSOCIATION OF CHIEFS OF … - 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

2011

Legal Domicile

Principal Officer

KENNY WINSLOW

Phone

2175233765

Tax Period

2024-01-01 to 2024-12-31

ILLINOIS ASSOCIATION OF CHIEFS OF POLICE FOUNDATION, founded in 2011, is a community nonprofit in the Crime & Legal sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

THE ILLINOIS ASSOCIATION OF CHIEFS OF POLICE FOUNDATION IS A BROAD BASED COMMUNITY NON-PROFIT FOUNDATION THAT RAISES PUBLIC AWARENESS AND RESOURCES TO SUPPORT THE NEEDS OF OUR MOST VULNERABLE POPULATION, FOSTERING PUBLIC SAFETY THROUGH COMMUNITY BUILDING, EDUCATION AND FOUNDATION THAT RAISES PUBLIC AWARENESS AND RESOURCES TO SUPPORT THE NEEDS OF OUR MOST VULNERABLE POPULATION, FOSTERING PUBLIC SAFETY THROUGH COMMUNITY BUILDING, EDUCATION AND OUTREACH. THROUGH OUR ENDOWMENTS, FUNDRAISING, CORPORATE SPONSORS, AND BROAD EXPERTISE, WEENRICH THE LIVES OF THOSE WHO MIGHT NOT OTHERWISE BE ABLE TO PROTECT THEMSELVES.

Program Service Accomplishments

Program 1

Expenses: $1,039,988

THE FOUNDATION RAISES PUBLIC AWARENESS AND RESOURCES TO SUPPORT PROGRAMS TO INFORM THE PUBLIC OF CHILDREN AND SCHOOL SAFETY, DOMESTIC VIOLENCE AND ELDERLY SAFETY.

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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 $1,127,313

Program Service Revenue $0

Investment Income $170

Other Revenue $0

TOTAL REVENUE $1,127,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $735,338

Fundraising Expenses $0

Program Expenses $1,039,988

Other Expenses $391,989

TOTAL EXPENSES $1,127,327

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,127,483	$978,404	+0.2%
Expenses	$1,127,327	$978,863	+0.2%
Net Income	$156	$-459	-1.3%

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

$134,913

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK KAMINSKI	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN FURCON	BOARD MEMBER	1.00	Director	$0	$0	$0
RAYMOND CORDELL	BOARD MEMBER	1.00	Director	$0	$0	$0
MARC MATON	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE LEONAS	BOARD MEMBER	1.00	Director	$0	$0	$0
DAN RYAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC BARDEN	BOARD MEMBER	1.00	Director	$0	$0	$0
KIRK BRUEGGEMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
DARREN GAULT	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICK KREIS	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT PORTER	BOARD MEMBER	1.00	Director	$0	$0	$0
KENNY WINSLOW	SECRETARY/TREASURER	1.00	Officer	$0	$4,875	$134,913

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
2024	$1,127,483	$1,127,327	$310,038	$156
2023	$978,404	$978,863	$321,083	$-459
2022	$967,994	$967,333	$362,016	$661
2021	$848,067	$847,871	$287,364	$196
2020	$794,727	$794,727	$267,390	No data
2019	$1,066,439	$1,066,439	$316,655	No data
2018	$1,030,624	$1,030,521	$394,870	$103

ILLINOIS ASSOCIATION OF CHIEFS OF POLICE FOUNDATION