OAK BROOK COLLEGE OF LAW AND GOVERNMENT POLICY (EIN 770389430) - 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

1994

Legal Domicile

Principal Officer

Peter Fear

Phone

5596507755

Tax Period

2024-01-01 to 2024-12-31

OAK BROOK COLLEGE OF LAW AND GOVERNMENT POLICY, founded in 1994, is a small nonprofit in the Education sector that reported $168K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $201K exceeded revenue, resulting in a 19% operating deficit.

Mission

Legal Education by Correspondence

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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 $2,705

Program Service Revenue $164,902

Investment Income $195

Other Revenue $519

TOTAL REVENUE $168,321

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,699

Fundraising Expenses $0

Program Expenses $185,910

Other Expenses $167,211

TOTAL EXPENSES $200,910

Year-over-Year Comparison

	2024	2023	Change
Revenue	$168,321	$186,995	-0.1%
Expenses	$200,910	$162,824	+0.2%
Net Income	$-32,589	$24,171	-2.3%

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

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

$17,000

Total Directors

$17,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Barth	Vice President	5.00	Officer Director	$14,000	$0	$14,000
Mark Bigger	Board Member	0.00	Director	$0	$0	$0
Peter Fear	CFO	1.00	Officer Director	$0	$0	$0
Paul Harman	Board Member	0.00	Director	$0	$0	$0
Douglas McElvy	President	1.00	Officer Director	$3,000	$0	$3,000

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	$168,321	$200,910	$212,901	$-32,589
2023	$186,995	$162,824	$297,664	$24,171
2022	$246,962	$260,504	$233,518	$-13,542
2021	$280,391	$305,280	$266,343	$-24,889
2020	$170,470	$191,213	$305,592	$-20,743
2019	$336,164	$219,542	$336,195	$116,622

OAK BROOK COLLEGE OF LAW AND GOVERNMENT POLICY