CHICAGOLAND FOOD SCIENCE FOUNDATION INC (EIN 475244064) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

LYNNDA NELSON

Phone

6309164960

Tax Period

2023-09-01 to 2024-08-31

CHICAGOLAND FOOD SCIENCE FOUNDATION INC, founded in 2015, is a small nonprofit in the Education sector that reported $198K in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $78K, a strong 39% operating margin.

Mission

GROW AND SUPPORT THE NEXT GENERATION OF FOOD AND BEVERAGE INDUSTRY PROFESSIONALS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $110,587

Program Service Revenue $29,800

Investment Income $52,629

Other Revenue $4,951

TOTAL REVENUE $197,967

Expense Breakdown

Grants Paid $78,100

Salaries & Benefits $0

Fundraising Expenses $10,972

Program Expenses $88,839

Other Expenses $42,224

TOTAL EXPENSES $120,324

Year-over-Year Comparison

	2023	2022	Change
Revenue	$197,967	$111,338	+0.8%
Expenses	$120,324	$106,997	+0.1%
Net Income	$77,643	$4,341	+16.9%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER FARRELL	CHAIR	2.00	Officer Director	$0	$0	$0
LINDA PERUCCA	PAST CHAIR	2.00	Officer Director	$0	$0	$0
MOLLY HICKS	SECRETARY	2.00	Officer Director	$0	$0	$0
DEAN LIPPOLD	TREASURER	2.00	Officer Director	$0	$0	$0
RAKESH AMIN	BOARD MEMBER	2.00	Director	$0	$0	$0
KEVIN BARASA	BOARD MEMBER	2.00	Director	$0	$0	$0
HELEN BENGTSON	BOARD MEMBER	2.00	Director	$0	$0	$0
ARTHUR CURRAN	BOARD MEMBER	2.00	Director	$0	$0	$0
PAT DONAHUE	BOARD MEMBER	2.00	Director	$0	$0	$0
MARY ELLEN DRUYAN	BOARD MEMBER	2.00	Director	$0	$0	$0
MARIA-PAZ GONZALEZ	BOARD MEMBER	2.00	Director	$0	$0	$0
MARY JO MAFFEI-PANAGOS	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRISTINA MARCZALI	BOARD MEMBER	2.00	Director	$0	$0	$0
BINU NAIR	BOARD MEMBER	2.00	Director	$0	$0	$0
MISHA PATEL	BOARD MEMBER	2.00	Director	$0	$0	$0
MARLITA SANDERS	BOARD MEMBER	2.00	Director	$0	$0	$0
KANTHA SHELKE	BOARD MEMBER	2.00	Director	$0	$0	$0
ATHENA USLANDER	BOARD MEMBER	2.00	Director	$0	$0	$0
BEN YEAP	BOARD MEMBER	2.00	Director	$0	$0	$0
OLAWUMI YUSUFF	BOARD MEMBER	2.00	Director	$0	$0	$0
LYNNDA NELSON	EXECUTIVE DIRECTOR	35.00	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
2024	$197,967	$120,324	$686,658	$77,643
2023	$108,155	$106,997	$655,243	$1,158
2022	$69,141	$104,391	$637,575	$-35,250
2021	$17,859	$98,799	$661,313	$-80,940
2020	$110,534	$85,696	$687,681	$24,838
2019	$138,155	$104,897	$623,312	$33,258
2018	$118,922	$62,035	$94,460	$56,887

CHICAGOLAND FOOD SCIENCE FOUNDATION INC