Illinois Conservation Foundation FY2024 filing

Tax-deductible

Springfield, IL501(c)(3)Since 1994EnvironmentEIN 37-1340071

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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.
62¢ of each $1 spent went to programs.
$130K 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

FY2024 · 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
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$130K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 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
$59K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
-7% vs prior year
Spent
$1.3M
To programs
62%
Net assets
$7.2M
By yearFY2020–FY2024
Revenue
$1.2M
FY2024▼ -7%
Revenue by fiscal year
FY2020$827K
FY2021$1.5M
FY2022$1.9M
FY2023$1.2M
FY2024$1.2M
FY2024$1.2M
Expenses
$1.3M
FY2024▲ +10%
Expenses by fiscal year
FY2020$1.4M
FY2021$861K
FY2022$1.1M
FY2023$1.2M
FY2024$1.3M
FY2024$1.2M
Net assets
$7.2M
FY2024▲ +3%
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 FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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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

62 cents of each dollar spent went to programs.

Program services 62% · $790K Management & general 38% · $493K

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

11 people listed on the 990; $130K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$130,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$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.

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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.

Provided by the organization

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1 program service account for $790K of program spending, described in the organization's own filed words · FY2023.
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.

$790Kprogram expense

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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 FY2024 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$1.1M
Other incomeLn 4–11$36K
Investment incomeLn 3$36K
Money outPt IX
$1.3M
Ln 25
Programscol B$790K
Managementcol C$493K
Owns and owesPt X
$7.2M
net assets · Ln 32
Cash and savingsLn 1–2$352K
Total assetsLn 16$7.3M
LiabilitiesLn 26$59K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Investment incomeLn 3$36K
Other incomeLn 4–11$36K
Gains on assetsLn 7−$46K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$352K
Cash and savings togetherLn 1–2$352K
InvestmentsLn 11–13$2.4M
Land, buildings, equipmentLn 10c$4.5M
Other assetsLn 15$9K
Total assetsLn 16$7.3M
LiabilitiesLn 26$59K
Net assetsLn 32$7.2M
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 FY24End FY24
Cash and savingsLn 1–2$497K$352K
InvestmentsLn 11–13$2.1M$2.4M
Land, buildings, equipmentLn 10c$4.4M$4.5M
Total assetsLn 16$7.1M$7.3M
LiabilitiesLn 26$66K$59K
Net assetsLn 32$7.0M$7.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$20K$20K
Pay of current officers, directors and key staffLn 5$130K$130K
Other salaries and wagesLn 7$232K$93K$139K
Pension plan contributionsLn 8$8K$8K
Other employee benefitsLn 9$12K$12K
Payroll taxesLn 10$28K$7K$20K
Legal feesLn 11b$11$11
Accounting feesLn 11c$106K$1K$104K
Investment management feesLn 11f$15K$15K
Other fees for servicesLn 11g$32K$32K
Advertising and promotionLn 12$11K$11K
Information technologyLn 14$14K$14K
OccupancyLn 16$16K$16K
TravelLn 17$6K$6K
Conferences, conventions and meetingsLn 19$20K$118$20K
Depreciation, depletion and amortizationLn 22$37K$37K
InsuranceLn 23$43K$43K
Other expenses (24a–d)Ln 24$272K$262K$10K
All other expensesLn 24e$279K$263K$16K
Total functional expensesLn 25$1.3M$790K$493K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $1.2M$1.3M−$128K$7.2M 990 PDF
FY2023 $1.2M$1.2M$70K$7.0M 990 PDF
FY2022 $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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,154,056 across 6 lines filed
Lines not itemized here account for $34,439 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$1,081,694
VIII-1h Total contributions, gifts and grants$1,081,694
VIII-3 Investment incomeExcluded from tax $81,895$81,895
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$45,803−$45,803
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,831$1,831
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $72,362$1,154,056
Part IX · Statement of functional expenses $1,282,159 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $20,000$20,000
IX-5 Pay of current officers, directors and key staffManagement $130,000$130,000
IX-7 Other salaries and wagesPrograms $93,292 · Management $138,934$232,226
IX-8 Pension plan contributionsManagement $8,077$8,077
IX-9 Other employee benefitsManagement $12,305$12,305
IX-10 Payroll taxesPrograms $7,137 · Management $20,442$27,579
IX-11b Legal feesPrograms $11$11
IX-11c Accounting feesPrograms $1,185 · Management $104,429$105,614
IX-11f Investment management feesManagement $15,457$15,457
IX-11g Other fees for servicesPrograms $32,000$32,000
IX-12 Advertising and promotionManagement $10,945$10,945
IX-14 Information technologyPrograms $13,665$13,665
IX-16 OccupancyPrograms $16,362$16,362
IX-17 TravelManagement $5,620$5,620
IX-19 Conferences, conventions and meetingsPrograms $118 · Management $19,792$19,910
IX-22 Depreciation, depletion and amortizationPrograms $37,092$37,092
IX-23 InsurancePrograms $43,482$43,482
IX-24 Other expenses (24a–d)Programs $262,128 · Management $10,292$272,420
IX-24e All other expensesPrograms $263,143 · Management $16,251$279,394
IX-25 Total functional expensesPrograms $789,615 · Management $492,544 · Fundraising $0$1,282,159
Part X · Balance sheet $7,297,510 assets, 14 lines filed
Asset lines not itemized here account for $19,201; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $496,864$352,399
X-4 Accounts receivableStart of year $19,164$7,663
X-8 Inventories for sale or useStart of year $19,497$23,283
X-10c Land, buildings and equipment, netStart of year $4,439,936$4,492,676
X-12 Other securitiesStart of year $2,091,446$2,393,638
X-15 Other assetsStart of year $34,858$8,650
X-16 Total assetsStart of year $7,113,214$7,297,510
X-17 Accounts payable and accrued expensesStart of year $17,778$30,677
X-25 Other liabilitiesStart of year $16,480$7,224
X-26 Total liabilitiesStart of year $66,125$59,476
X-27 Net assets without donor restrictionsStart of year $1,856,385$1,850,003
X-28 Net assets with donor restrictionsStart of year $5,190,704$5,388,031
X-32 Total net assets or fund balancesStart of year $7,047,089$7,238,034
X-33 Total liabilities and net assetsStart of year $7,113,214$7,297,510
Part XI · Reconciliation of net assets $7,238,034 net assets at year end
XI-1 Total revenue$1,154,056
XI-2 Total expenses$1,282,159
XI-3 Revenue less expenses−$128,103
XI-4 Net assets at start of year$7,047,089
XI-5 Net unrealized gains (losses) on investments$319,048
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,238,034

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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