Civic Intelligence

Illinois Conservation Foundation

990 • Fiscal year 2014 • EIN 37-1340071

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 05, 2015

One Natural Resources Way62702

(217) 785-2003

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.02x

Higher debt load relative to assets than 30% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

38th percentile

0.06x

Higher debt load relative to revenue than 38% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

40th percentile

$33,428

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$3,250,548

No earlier filing loaded for comparison.

Net Assets

$3,181,493

No earlier filing loaded for comparison.

Liabilities

$69,055

No earlier filing loaded for comparison.

Revenue

$1,141,020

No earlier filing loaded for comparison.

Expenses

$1,011,048

No earlier filing loaded for comparison.

Net Income

$129,972

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $3,250,548Liabilities 2014: $69,055Net Assets 2014: $3,181,4932014Assets 2015: $3,090,586Liabilities 2015: $54,070Net Assets 2015: $3,036,5162015Assets 2016: $7,018,960Liabilities 2016: $106,985Net Assets 2016: $6,911,9752016Assets 2017: $6,860,924Liabilities 2017: $56,619Net Assets 2017: $6,804,3052017Assets 2018: $6,987,023Liabilities 2018: $42,859Net Assets 2018: $6,944,1642018Assets 2019: $7,000,786Liabilities 2019: $45,693Net Assets 2019: $6,955,0932019Assets 2020: $6,541,205Liabilities 2020: $139,574Net Assets 2020: $6,401,6312020Assets 2021: $7,122,163Liabilities 2021: $126,833Net Assets 2021: $6,995,3302021Assets 2022: $6,869,069Liabilities 2022: $64,914Net Assets 2022: $6,804,1552022Assets 2023: $7,113,214Liabilities 2023: $66,125Net Assets 2023: $7,047,0892023Assets 2024: $7,297,510Liabilities 2024: $59,476Net Assets 2024: $7,238,0342024

Highlighted filing

2014

Assets$3,250,548
Liabilities$69,055
Net Assets$3,181,493

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2014: $1,141,020Expenses 2014: $1,011,048Net Income 2014: $129,9722014Revenue 2015: $977,192Expenses 2015: $1,108,268Net Income 2015: -$131,0762015Revenue 2016: $816,237Expenses 2016: $1,537,054Net Income 2016: -$720,8172016Revenue 2017: $810,932Expenses 2017: $998,888Net Income 2017: -$187,9562017Revenue 2018: $837,695Expenses 2018: $811,650Net Income 2018: $26,0452018Revenue 2019: $939,682Expenses 2019: $928,753Net Income 2019: $10,9292019Revenue 2020: $826,996Expenses 2020: $1,380,458Net Income 2020: -$553,4622020Revenue 2021: $1,454,407Expenses 2021: $860,708Net Income 2021: $593,6992021Revenue 2022: $1,856,875Expenses 2022: $1,067,444Net Income 2022: $789,4312022Revenue 2023: $1,235,945Expenses 2023: $1,165,932Net Income 2023: $70,0132023Revenue 2024: $1,154,056Expenses 2024: $1,282,159Net Income 2024: -$128,1032024

Highlighted filing

2014

Revenue$1,141,020
Expenses$1,011,048
Net Income$129,972
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 5, 2015
Return Version
2013v4.0
Gross Receipts
$1,154,980
Mission and Program Overview

Mission

The role of the Illinois Conservation Foundation and its partners is to preserve and enhance our natural resources by supporting and fostering ecological, educational and recreational program for the benefit of all people now and for generations to come.

To solicit and generate private funding and donations that assist in enhancing and preserving Illinois' natural habitats, historic sites, rivers and stream corridors, state parks, forest and fish wildlife areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,646,424$2,789,487▲ $143,063
Cash and Non-Interest-Bearing Accounts$418,017$422,289▲ $4,272
Accounts Receivable$21,107$27,944▲ $6,837
Prepaid Expenses and Deferred Charges$12,381--
Total Assets$3,106,053$3,250,548▲ $144,495
Other Assets Total$8,124$10,828▲ $2,704
Liabilities
Accounts Payable and Accrued Expenses$66,122$69,055▲ $2,933
Total Liabilities$66,122$69,055▲ $2,933
Net Assets / Fund Balance
Unrestricted Net Assets$1,536,933$1,732,392▲ $195,459
Temporarily Rstr Net Assets$1,377,198$1,378,882▲ $1,684
Permanently Rstr Net Assets$125,800$70,219▼ $55,581
Total Net Assets Fund Balance$3,039,931$3,181,493▲ $141,562
Total Liabilities and Net Assets / Fund Balance$3,106,053$3,250,548▲ $144,495

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$45,884--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$70,219---$70,219
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Truman SchellerChief Financial OfficerFT$33,428$33,428

Board Members and Trustees

NameTitle
Marc MillerChairman/Acting Executive Director
Andy KatlinDirector
Barbara Ann JohnsonDirector
Bill Cullerton JrDirector
Cameron BettinDirector
Doug CombsDirector
Fred KeckDirector
John Kidd JrDirector
Larry NewtonDirector
Mark BeaubienDirector
Mike RuffoloDirector
Ryan AndersonDirector
Eric SchmidtExecutive Director
Travis LoydExecutive Director
Jennifer SicilianoChief Financial Officer
Barbara DuceySecretary
Dr Robert RussellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$733,414
Program Service Revenue
$0
Investment Income
$357,817
Other Revenue
$49,789
All Other Contributions
$686,938
Change in Net Assets
$129,972

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,141,020
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$168,416
Total Revenue per Audited Statements
$1,309,436
Total Revenue per Form 990
$1,141,020
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$997,261
Salaries, Compensation, and Employee Benefits$9,787
Grants and Similar Amounts Paid$4,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$189,629--$189,629
Other Expenses$105,614$153,570-$105,614
Fees for Services Accounting-$36,616-$36,616
Fees for Service Investment Mgmnt Fees$22,871--$22,871
Current Officers, Directors, Trustees, and Key Employees-$9,787-$9,787
Grants to Domestic Individuals$4,000--$4,000
Advertising$484--$484
Total Functional Expenses$811,075$199,973$0$1,011,048

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,155,493
Expenses per Audited Statements$1,011,048
Total Expenses per Form 990$1,011,048
Expenses Not Reported on Form 990$144,445
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$34,500
Gaming Direct Expenses$13,960
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The Foundation has members of the governing body appointed by the Governor, Senators, and Representatives of the State of Illinois.

Form 990, Part VI, Section B, line 11

A copy of the 990 is provided to the governing body for review prior to filing.

Form 990, Part VI, Section B, line 12C

The ICF regularly monitors and enforces compliance with the Conflict of Interest Policy. The Board and Executive Staff are required to follow the annual State of Illinois reporting requirements.

Form 990, Part VI, Section B, line 15A

The Executive Director's compensation and the Chief Financial Officer's compensation is reviewed and approved by the Finance Committee. No other officers receive compensation.

Form 990, Part VI, Section C, line 19

The Foundation provides copies of its governing documents, conflict of interest policy, and financial statements upon request.

Filing and Contact Details

Filer

EIN
37-1340071
Phone
2177852003

Signing Officer

Name
Wayne Rosenthal
Title
Chairman
Phone
2177852003
Signed
2015-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wayne Rosenthal
Formed
1994
Legal Domicile
Il
Voting Board Members
14
Independent Board Members
13
Employees
3
Volunteers
13

Preparer

Preparer
Brent Leach
Phone
2175251111
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

Land Management: Program service expenses 77,520. Management and general expenses 0. Fundraising expenses 0. Total expenses 77,520. Federal Grant Expense - Contract Labor: Program service expenses 43,609. Management and general expenses 0. Fundraising expenses 0. Total expenses 43,609. Special Events and Promotions: Program service expenses 29,401. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,401. Shooting Sports Development: Program service expenses 27,060. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,060. Sportsman Against Hunger: Program service expenses 10,555. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,555. Fisheries: Program service expenses 500. Management and general expenses 0. Fundraising expenses 0. Total expenses 500. Memorials: Program service expenses 500. Management and general expenses 0. Fundraising expenses 0. Total expenses 500. Safety Education Program: Program service expenses 484. Management and general expenses 0. Fundraising expenses 0. Total expenses 484.

Form 990, Part XI, line 9:

PPA-Prepaid assets used in governmental activities not financial resources -12,381.

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

Gaming Expenses netted with Gaming Revenue on Form 990

Part XII, Line 2D - Other Adjustments:

Gaming Expenses netted with Gaming Revenue on Form 990

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IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
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