IFF Support Corporation CO IFF

EIN: 921865768 501(c)(3) Community Improvement

Chicago, IL

Total Revenue
$125,270
Total Expenses
$287,690
Total Assets
$8,274,973
Net Assets
$310,705
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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
2023
Legal Domicile
IL
Principal Officer
Kirby Burkholder
Phone
3126290060
Tax Period
2024-01-01 to 2024-12-31

IFF Support Corporation CO IFF, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $125K in total revenue in fiscal year 2024. Revenue surged 145% from the prior year, signaling strong growth momentum. Expenses of $288K exceeded revenue, resulting in a 130% operating deficit.

Mission

Children of all communities deserve safe and inspiring environments to learn and grow. IFF Support Corporation will finance the development of an early childhood center and lease the center to a childcare provider.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $52,500
Investment Income $72,770
Other Revenue $0
TOTAL REVENUE $125,270

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $284,390
Other Expenses $287,690
TOTAL EXPENSES $287,690

Year-over-Year Comparison

2024 2023 Change
Revenue $125,270 $51,091 +1.5%
Expenses $287,690 $14,246 +19.2%
Net Income $-162,420 $36,845 -5.4%
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

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Governance

Voting Members
5
Independent Members
2
Employees
N/A
Volunteers
5

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
4
$834,857
Total Directors
6
$834,857
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kirby Burkholder President 1.00
Officer Director
$0 $28,336 $365,570
Suza Leao-Reuter Treasurer (until 8/22/24) 1.00
Officer Director
$0 $12,684 $63,306
Casey Rooney Treasurer 1.00
Officer Director
$0 $27,881 $207,870
Charles Biggam III Secretary 1.00
Officer Director
$0 $31,177 $198,111
Antoine Jackson Director 1.00
Director
$0 $0 $0
Terra Castro Director 1.00
Director
$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 $125,270 $287,690 $8,274,973 $-162,420
2023 $51,091 $14,246 $8,600,761 $36,845
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