Illinois Conservation Foundation FY2022 filing

Tax-deductible

Springfield, IL501(c)(3)Since 1994EnvironmentEIN 37-1340071Revenue $1.9M in FY2022

On file with the IRSilconservation.org1 Natural Resources Way, 62702-1270 · Springfield, ILTax-exempt since Aug 1995Publicly supported charity — 170(b)(1)(A)(vi)

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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.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
$128K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $154K a year · 12% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$128K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $384K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$65K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
+28% vs prior year
Spent
$1.1M
To programs
66%
Net assets
$6.8M
By yearFY2020–FY2024
Revenue
$1.9M
FY2022▲ +28%
Tap a bar for its year
Revenue by fiscal year
FY2020$827K
FY2021$1.5M
FY2022$1.9M
FY2023$1.2M
FY2024$1.2M
FY2024$1.2M
Expenses
$1.1M
FY2022▲ +24%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$861K
FY2022$1.1M
FY2023$1.2M
FY2024$1.3M
FY2024$1.2M
Net assets
$6.8M
FY2022▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.4M
FY2021$7.0M
FY2022$6.8M
FY2023$7.0M
FY2024$7.2M
FY2024$7.5M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $704K Management & general 34% · $363K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $128K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$127,894Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Jenny Vaughn’s $75K as Executive Director is at the 10th percentile of top reported officer pay among 1851 $1–10M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Steve Ettinger—$130,000$127,894$127,894$123,431$85,000
Eric Schenck—————$105,000
Jenny Vaughn$74,754—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Illinois Conservation Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Raises private funds to protect and improve Illinois' natural habitats and historic sites.

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Provided by the organization

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1 program · $704K · in their own filed words · FY2021
01

The Illinois Conservation Foundation enhances and preserves Illinois' natural habitats, historic sites, river and stream corridors, state parks, forests and fish and wildlife areas. The Foundation manages 750 acres in northern Illinois being utilized as a youth conservation center.

$704Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 4 grants · $64K · 2021–2024
Unitemized GrantFY2024$16,000
Unitemized GrantFY2023$20,000
Unitemized GrantFY2022$18,000
Unitemized GrantFY2021$10,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.1M
Investment incomeLn 3$629K
Other incomeLn 4–11$104K
Money outPt IX
$1.1M
Ln 25
Programscol B$704K
Managementcol C$363K
Owns and owesPt X
$6.8M
net assets · Ln 32
Cash and savingsLn 1–2$554K
Total assetsLn 16$6.9M
LiabilitiesLn 26$65K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Investment incomeLn 3$629K
Other incomeLn 4–11$104K
Gains on assetsLn 7$566K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$554K
Cash and savings togetherLn 1–2$554K
InvestmentsLn 11–13$1.9M
Land, buildings, equipmentLn 10c$4.3M
Other assetsLn 15$47K
Total assetsLn 16$6.9M
LiabilitiesLn 26$65K
Net assetsLn 32$6.8M
OperationsPt I, VI
EmployeesI 56
VolunteersI 6261
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$620K$554K
InvestmentsLn 11–13$2.0M$1.9M
Land, buildings, equipmentLn 10c$4.4M$4.3M
Total assetsLn 16$7.1M$6.9M
LiabilitiesLn 26$127K$65K
Net assetsLn 32$7.0M$6.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$10K$10K
Pay of current officers, directors and key staffLn 5$128K$128K
Other salaries and wagesLn 7$192K$88K$104K
Other employee benefitsLn 9$15K$169$14K
Payroll taxesLn 10$27K$7K$21K
Legal feesLn 11b$10$10
Accounting feesLn 11c$66K$870$65K
Investment management feesLn 11f$2K$2K
Other fees for servicesLn 11g$32K$32K
Advertising and promotionLn 12$3K$50$2K
Information technologyLn 14$36K$36K
OccupancyLn 16$14K$14K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$8K$936$7K
Depreciation, depletion and amortizationLn 22$48K$48K
InsuranceLn 23$29K$29K
Other expenses (24a–d)Ln 24$263K$261K$1K
All other expensesLn 24e$194K$178K$17K
Total functional expensesLn 25$1.1M$704K$363K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.2M$1.3M−$128K$7.2M 990 PDF
FY2023 $1.2M$1.2M$70K$7.0M 990 PDF
FY2022 Viewing $1.9M$1.1M$789K$6.8M 990 PDF
FY2021 $1.5M$861K$594K$7.0M 990 PDF
FY2020 $827K$1.4M−$553K$6.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $1,856,875 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $799,226$1,124,316
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $541,703$628,716
I-11 Other revenuePrior year $113,478$103,843
I-12 Total revenuePrior year $1,454,407$1,856,875
I-13 Grants and similar amounts paidPrior year $1,911$10,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $310,526$362,099
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $548,271$695,345
I-18 Total expensesPrior year $860,708$1,067,444
I-19 Revenue less expensesPrior year $593,699$789,431
Part VI · Governance 11 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,856,875 across 6 lines filed
Lines not itemized here account for $33,743 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$1,124,316
VIII-1h Total contributions, gifts and grants$1,124,316
VIII-3 Investment incomeExcluded from tax $63,148$63,148
VIII-7 Net gain or loss on sales of assetsExcluded from tax $565,568$565,568
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $70,100$70,100
VIII-12 Total revenueRelated to mission $70,100 · Unrelated business $0 · Excluded from tax $662,459$1,856,875
Part IX · Statement of functional expenses $1,067,444 across 18 lines filed
IX-2 Grants to domestic individualsPrograms $10,000$10,000
IX-5 Pay of current officers, directors and key staffManagement $127,894$127,894
IX-7 Other salaries and wagesPrograms $87,916 · Management $104,231$192,147
IX-9 Other employee benefitsPrograms $169 · Management $14,485$14,654
IX-10 Payroll taxesPrograms $6,726 · Management $20,678$27,404
IX-11b Legal feesPrograms $10$10
IX-11c Accounting feesPrograms $870 · Management $65,047$65,917
IX-11f Investment management feesManagement $1,540$1,540
IX-11g Other fees for servicesPrograms $32,000$32,000
IX-12 Advertising and promotionPrograms $50 · Management $2,464$2,514
IX-14 Information technologyPrograms $35,701$35,701
IX-16 OccupancyPrograms $14,103$14,103
IX-17 TravelManagement $2,147$2,147
IX-19 Conferences, conventions and meetingsPrograms $936 · Management $6,742$7,678
IX-22 Depreciation, depletion and amortizationPrograms $47,690$47,690
IX-23 InsurancePrograms $29,283$29,283
IX-24 Other expenses (24a–d)Programs $261,239 · Management $1,337$262,576
IX-24e All other expensesPrograms $177,610 · Management $16,576$194,186
IX-25 Total functional expensesPrograms $704,303 · Management $363,141 · Fundraising $0$1,067,444
Part X · Balance sheet $6,869,069 assets, 13 lines filed
Asset lines not itemized here account for $5,937; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $620,141$554,449
X-4 Accounts receivableStart of year $34,381$11,968
X-8 Inventories for sale or useStart of year $15,649$15,795
X-10c Land, buildings and equipment, netStart of year $4,395,265$4,347,574
X-12 Other securitiesStart of year $1,972,415$1,886,637
X-15 Other assetsStart of year $8,121$46,709
X-16 Total assetsStart of year $7,122,163$6,869,069
X-17 Accounts payable and accrued expensesStart of year $28,266$64,914
X-26 Total liabilitiesStart of year $126,833$64,914
X-27 Net assets without donor restrictionsStart of year $1,881,338$1,770,821
X-28 Net assets with donor restrictionsStart of year $5,113,992$5,033,334
X-32 Total net assets or fund balancesStart of year $6,995,330$6,804,155
X-33 Total liabilities and net assetsStart of year $7,122,163$6,869,069
Part XI · Reconciliation of net assets $6,804,155 net assets at year end
XI-1 Total revenue$1,856,875
XI-2 Total expenses$1,067,444
XI-3 Revenue less expenses$789,431
XI-4 Net assets at start of year$6,995,330
XI-5 Net unrealized gains (losses) on investments−$980,606
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,804,155

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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