Illinois Joining Forces Foundation EIN 47-2152382 Form 990 (PDF) Claim this org

Illinois Joining Forces Foundation FY2023 filing

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Connects veterans and military families with essential services across Illinois. For fiscal year 2023 it reported $1.1M in revenue, $637K in expenses, and $643K in net assets.Pt I

Founded
2014
Type
Public charity (501(c)(3)) · Human Services
Location
Chicago, IL
Website
illinoisjoiningforces.org
Filings
5 on file (2020–2023)
Revenue
$1.1MFY2023
Expenses
$637K
Net assets
$643K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-2152382 Public charity (501(c)(3)) Chicago, IL Founded 2014
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Connects veterans and military families with essential services across Illinois.
Leadership
Brenda Osuch · Executive Di · $152K
Money in and out
$1.1M revenue, $637K expenses
Bottom line
85% program efficiency
Where the money goes · FY2023
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$637K
Pt IX · Ln 25
Net assets
$643K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $497K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15
Program efficiency
85%
of spending reaches programs
Operating runway
8.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+44%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$1.1M
FY2023▲ +263%
Expenses
$637K
FY2023▲ +38%
Total assets
$890K
FY2023▲ +116%
Total liabilities
$248K
FY2023▼ -7%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$637K
Pt IX · Ln 25
Net assets
$643K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$497K
Total assetsPt X · Ln 16$890K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIllinois Joining Forces Foundation
EINHdr · item D47-2152382
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jillinoisjoiningforces.org
Year of formationHdr · item L2014
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFFeb 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
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 · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Di
$151,541Pt VII · Sec A
Vice Chairpe
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Megan Everett’s $130K as Executive Di is at the 62nd percentile of top reported officer pay among 3864 $1–10M human services 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 · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2020
Brenda Osuch$133,333$151,541
Megan Everett$130,000
Brenda Osuch$110,000
Steve Curda$76,157

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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Mission & Programs · Part III

Where the work happens

3 program services account for $502K of program spending, described in the organization's own filed words · FY2022.
01

To provide employees' salaries for continuing operations.

$305Kprogram expense
02

To contribute to other organizations that support veterans.

$113Kprogram expense
03

Consulting services expenses to help maintain the goals, direction, and growth of contributions towards helping service members, veterans, and their families.

$84Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 94%
Other revenue$70K · 6%
Contributions & grants94%$1.1M
Other revenue6%$70K
Investment income$9
— government grantsLn 1e$60K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$545K
Management & general15%$92K
Total functional expensesLn 25$637K

Balance Sheet

Part X · end of year
CashLn 1$448K
Total assetsLn 16$890K
Total liabilitiesLn 26$248K
Total net assetsLn 32$643K
Months of cash on handcomputed8.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $448K · Operating expenses/yr $637K
8.4 months
Where the money goes
Program services
Program services $545K · Total expenses $637K
85%
Management & General
Management & general $92K · Total expenses $637K
15%
Fundraising
Fundraising $0 · Total expenses $637K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $688K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.1M
94%
Government reliance
Government grants $60K · Total revenue $1.1M
5%
Earned-income share
Program service revenue $0 · Total revenue $1.1M
0%
Investment reliance
Investment income $9 · Total revenue $1.1M
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $637K
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $313K
+263%
Net-asset trend (YoY)
End of year $643K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $637K
+44%
Liabilities-to-Assets
Total liabilities — · Total assets $890K
Net-asset ratio
Net assets $643K · Total assets $890K
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $890K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brenda Osuch · Reported title EXECUTIVE DI · Highest reported compensation $152K · Total expenses $637K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $386K · Total expenses $637K
61%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Fundraising cost ratio 0%
Revenue growth 263%
Legal fee ratio 4%

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 · FY2024
See all 6 funders →
Grants paid · 5 grants · $110K · 2022–2022
University Behavioral Health CareFY2022$45,867
McCormick FoundationAL · FY2022$29,167
Unitemized GrantFY2022$14,703
HiltonFY2022$10,000
United Relief FoundationIL · FY2022$10,000

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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$1.9M revenue · ⤓ 990 PDF
FY2023$1.1M revenue · viewing · ⤓ 990 PDF
FY2022$313K revenue · ⤓ 990 PDF
FY2021$850K revenue · ⤓ 990 PDF
FY2020$375K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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