SOUTHWESTERN ILLINOIS COLLEGE FOUNDATION (EIN 510186120) - 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

1976

Legal Domicile

Principal Officer

MARY BUETTNER

Phone

6182225496

Tax Period

2023-01-01 to 2023-12-31

SOUTHWESTERN ILLINOIS COLLEGE FOUNDATION, founded in 1976, is a community nonprofit in the Education sector that reported $5.5M in total revenue in fiscal year 2023. Revenue surged 1053% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.6M, a strong 84% operating margin.

Mission

TO RAISE AND HOLD ECONOMIC RESOURCES FOR THE DIRECT BENEFIT OF SOUTHWESTERN ILLINOIS COLLEGE.

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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 $5,288,104

Program Service Revenue $0

Investment Income $255,834

Other Revenue $-12,541

TOTAL REVENUE $5,531,397

Expense Breakdown

Grants Paid $817,024

Salaries & Benefits $0

Fundraising Expenses $1,643

Program Expenses $817,024

Other Expenses $77,528

TOTAL EXPENSES $894,552

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,531,397	$479,891	+10.5%
Expenses	$894,552	$486,221	+0.8%
Net Income	$4,636,845	$-6,330	-733.5%

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

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

$95,721

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY BUETTNER	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
SUE HOFFMAN	BOARD VICE CHAIR	2.00	Officer Director	$0	$0	$0
MATTHEW GOMRIC	FINANCE COMMITTEE CHAIR	2.00	Officer Director	$0	$0	$0
STAN HATFIELD	BOARD MEMBER	2.00	Director	$0	$0	$0
BARBARA CEMPURA	BOARD MEMBER	2.00	Director	$0	$0	$0
JEANNE DALMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
SAM HANGER	FINANCE COMMITTEE VICE CHAIR	2.00	Director	$0	$0	$0
BOB NOVACK	BOARD MEMBER	2.00	Director	$0	$0	$0
NORMA BELLCOFF	BOARD MEMBER	2.00	Director	$0	$0	$0
DR BETH JOHNS	BOARD MEMBER	2.00	Director	$0	$0	$0
THOMAS MULHERIN	BOARD MEMBER	2.00	Director	$0	$0	$0
MARGARET MIDDLETON-HOLT	TREASURER (EX- OFFICIO)	2.00	Officer	$0	$0	$0
RENA THOELE	EXECUTIVE DIRECTOR	40.00	Officer	$0	$9,381	$95,721

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	$5,531,397	$894,552	$16,355,970	$4,636,845
2022	$479,891	$486,221	$10,539,724	$-6,330
2021	$2,170,526	$376,766	$12,450,558	$1,793,760
2020	$790,284	$371,878	$10,956,658	$418,406
2019	$695,736	$441,832	$9,814,815	$253,904
2018	$849,561	$665,338	$8,353,378	$184,223

SOUTHWESTERN ILLINOIS COLLEGE FOUNDATION