ILLINOIS SCIENCE AND ENERGY INNOVATION FOUNDATION (EIN 455087827) - Form 990 Financial Analysis & Trantor Score

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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

2012

Legal Domicile

Principal Officer

JASON BLUMBERG

Phone

8478410510

Tax Period

2023-01-01 to 2023-12-31

ILLINOIS SCIENCE AND ENERGY INNOVATION FOUNDATION, founded in 2012, is a community nonprofit in the Public & Societal Benefit sector that reported $1.4M in total revenue in fiscal year 2023. Net assets of $25.4M represent 224 months of operating reserves.

Mission

TO SUPPORT SOCIAL WELFARE AND ECONOMIC DEVELOPMENT BY PROVIDING FINANCIAL AND TECHNICAL SUPPORT FOR ENERGY CONCEPTS AND TO PROVIDE CONSUMER EDUCATION REGARDING SMART METERS AND RELATED TECHNOLOGIES AND SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $238,204

Program Service Revenue $0

Investment Income $707,606

Other Revenue $415,150

TOTAL REVENUE $1,360,960

Expense Breakdown

Grants Paid $248,872

Salaries & Benefits $737,999

Fundraising Expenses $0

Program Expenses $1,308,352

Other Expenses $373,562

TOTAL EXPENSES $1,360,433

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,360,960	$-969,566	-2.4%
Expenses	$1,360,433	$3,983,187	-0.7%
Net Income	$527	$-4,952,753	-1.0%

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

$218,783

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON BLUMBERG	EXECUTIVE DI	49.00	Officer	$218,783	$0	$218,783
MEGAN CLIFFORD	DIRECTOR	1.00	Director	$0	$0	$0
MARK LAUFENBURG	DIRECTOR	2.00	Director	$0	$0	$0
BRENDAN REILLY	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT GREENLEE	SECRETARY	3.50	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
2024	No data	No data	No data	No data
2023	$1,360,960	$1,360,433	$25,372,398	$527
2022	$-969,566	$3,983,187	$25,824,356	$-4,952,753
2021	$7,398,728	$5,925,957	$33,001,510	$1,472,771
2020	$5,971,533	$5,065,428	$31,540,481	$906,105
2019	$6,678,751	$6,013,549	$31,344,605	$665,202
2018	$3,823,324	$5,643,359	$30,369,336	$-1,820,035

ILLINOIS SCIENCE AND ENERGY INNOVATION FOUNDATION