Illinois Nurses Association Foundation EIN 36-4339690 Form 990 (PDF) Claim this org

Illinois Nurses Association Foundation

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Supports Illinois nurses with charitable, research, and educational initiatives to improve public health. For fiscal year 2024 it reported $217K in revenue, $159K in expenses, and $745K in net assets.Pt I

Founded
1999
Type
Public charity (501(c)(3)) · Health Care
Location
Manteno, IL
Website
ana-illinois.org
Filings
5 on file (2020–2024)
Revenue
$217KFY2024
Expenses
$159K
Net assets
$745K
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  36-4339690 Public charity (501(c)(3)) Manteno, IL Founded 1999
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports Illinois nurses with charitable, research, and educational initiatives to improve public health.
Leadership
Amanda Oliver · President
Money in and out
$217K revenue, $159K expenses
Bottom line
54% program efficiency
Where the money goes · FY2024
Total revenue
$217K
Pt VIII · Ln 12
Total expenses
$159K
Pt IX · Ln 25
Net assets
$745K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $58K
Where spending went · Part IX cols B–D
Program services $0.54 Management & general $0.25 Fundraising $0.21
Program efficiency
54%
of spending reaches programs▲ +8% vs prior filing year
Operating runway
56.2mo
months of highly liquid reserves at operating expense rate▲ +4% vs prior filing year
Surplus margin
+27%
revenue over expenses, this year▲ +230% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$217K
FY2024▲ +36%
Expenses
$159K
FY2024▲ +8%
Total assets
$745K
FY2024▲ +13%
Total liabilities
$14
FY2024▼ -99%
Total revenue
$217K
Pt VIII · Ln 12
Total expenses
$159K
Pt IX · Ln 25
Net assets
$745K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$58K
Total assetsPt X · Ln 16$745K
Program-expense ratioPt IX · col B54%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $86K of program spending, described in the organization's own filed words · FY2024.
01

The Foundation provides scholarship funding to students of nursing and to nurses, funds scholarship initiatives that promote health of people and development of the nursing profession, and informs the public about health issues and nursing.

$86Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIllinois Nurses Association Foundation
EINHdr · item D36-4339690
Principal addressHdr · item CManteno, IL
WebsiteHdr · item Jana-illinois.org
Year of formationHdr · item L1999
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E99)
Ruling yearIRS BMFOct 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Illinois Nurses Association Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$133K · 61%
Investment income$42K · 19%
Other revenue$42K · 19%
Contributions & grants61%$133K
Investment income19%$42K
Other revenue19%$42K
— government grantsLn 1e$51K
Total revenueLn 12$217K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.54 Management & general $0.25 Fundraising $0.21
Program services54%$86K
Management & general25%$40K
Fundraising21%$33K
Total functional expensesLn 25$159K

Balance Sheet

Part X · end of year
CashLn 1$95K
Total assetsLn 16$745K
Total liabilitiesLn 26$14
Total net assetsLn 32$745K
Months of cash on handcomputed7.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $745K · Operating expenses/yr $159K
56.2 months
Where the money goes
Program services
Program services $86K · Total expenses $159K
54%
Management & General
Management & general $40K · Total expenses $159K
25%
Fundraising
Fundraising $33K · Total expenses $159K
21%
Cost to raise $1
Fundraising expense (3-yr avg) $32K · Solicited contributions (3-yr avg) $83K
$0.39 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $133K · Total revenue $217K
61%
Government reliance
Government grants $51K · Total revenue $217K
23%
Earned-income share
Program service revenue $0 · Total revenue $217K
0%
Investment reliance
Investment income $42K · Total revenue $217K
+19%
Program self-sufficiency
Program service revenue $0 · Total expenses $159K
0%
Growth & trend
Revenue growth (YoY)
This year $217K · Prior year $160K
+36%
Revenue CAGR
FY2019 $86K · FY2024 $217K
+20%
Net-asset trend (YoY)
End of year $745K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $217K · Expenses $159K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $745K
Net-asset ratio
Net assets $745K · Total assets $745K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $649K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $745K
87%
People & payroll
Highest Reported Total Compensation
Individual Amanda Oliver · Reported title President · Highest reported compensation $0 · Total expenses $159K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $159K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 54%
Overhead ratio 25%
Fundraising cost ratio 25%
Revenue growth 36%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$51
Grants paid · 9 grants · $119K · 2019–2024
Unitemized GrantFY2024$5,000
Unitemized GrantFY2023$25,500
Unitemized GrantFY2022$12,379
Unitemized GrantFY2022$12,000
Unitemized GrantFY2021$21,965
Unitemized GrantFY2021$12,000
Unitemized GrantFY2020$13,500
Unitemized GrantFY2019$8,500
University of Illinois at Chicago College of NursingFY2019$8,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$160K revenue · ⤓ 990 PDF
FY2023$124K revenue · ⤓ 990 PDF
FY2022$96K revenue · ⤓ 990 PDF
FY2021$81K revenue · ⤓ 990 PDF
FY2020$86K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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