Illinois Science And Energy Innovation Foundation
EIN: 455087827 · Gilberts, IL · NTEE: W80
| Metric | Value |
|---|---|
| Total Revenue | $420K |
| Total Expenses | $4.0M |
| Net Assets | $25.4M |
Is Illinois Science And Energy Innovation Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Illinois Science And Energy Innovation Foundation
Illinois Science And Energy Innovation Foundation (EIN: 455087827) is a nonprofit organization based in Gilberts, IL, classified under NTEE code W80. The organization reported total revenue of $420K and total assets of $25.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Illinois Science And Energy Innovation Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Illinois Science And Energy Innovation Foundation is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2012–2022).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -113.1% | -32.8% | -21.7% |
| 2021 | +23.9% | +17.0% | +4.6% |
| 2020 | -10.6% | -15.8% | +0.6% |
| 2019 | +74.7% | +6.6% | +3.2% |
| 2018 | -46.3% | -1.8% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Illinois Science And Energy Innovation Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Illinois Science And Energy Innovation Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Illinois Science And Energy Innovation Foundation
Is Illinois Science And Energy Innovation Foundation a legitimate charity?
Illinois Science And Energy Innovation Foundation (EIN: 455087827) is a registered tax-exempt nonprofit based in Illinois. It has 11 years of IRS 990 filings on record. Total revenue: $420K. No red flags identified. Financial health grade: B.
How does Illinois Science And Energy Innovation Foundation spend its money?
Illinois Science And Energy Innovation Foundation reported $420K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Illinois Science And Energy Innovation Foundation tax-deductible?
Illinois Science And Energy Innovation Foundation is registered as a tax-exempt nonprofit (EIN: 455087827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Illinois Science And Energy Innovation Foundation located?
Illinois Science And Energy Innovation Foundation is headquartered in Gilberts, Illinois and files with the IRS under EIN 455087827. It is classified under NTEE code W80.
How many years of IRS 990 filings does Illinois Science And Energy Innovation Foundation have?
Illinois Science And Energy Innovation Foundation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $420K in total revenue.
Filing History
IRS 990 filing history for Illinois Science And Energy Innovation Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Illinois Science And Energy Innovation Foundation's revenue has declined by 103.5%, moving from $27.6M to $-969,566. Total assets decreased by 5.5% over the same period, from $27.3M to $25.8M. Total functional expenses rose by 1184.5%, from $310K to $4.0M. The organization holds $461K in liabilities against $25.8M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $25.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $-969,566 | $4.0M | $25.8M | $461K | — | View 990 |
| 2021 | $7.4M | $5.9M | $33.0M | $2.7M | — | View 990 |
| 2020 | $6.0M | $5.1M | $31.5M | $2.7M | — | View 990 |
| 2019 | $6.7M | $6.0M | $31.3M | $3.4M | — | — |
| 2018 | $3.8M | $5.6M | $30.4M | $3.1M | — | View 990 |
| 2017 | $7.1M | $5.7M | $32.3M | $3.2M | — | View 990 |
| 2016 | $5.3M | $6.7M | $31.1M | $3.3M | — | View 990 |
| 2015 | $6.0M | $6.0M | $31.3M | $3.3M | — | View 990 |
| 2014 | $5.7M | $6.7M | $32.2M | $3.3M | — | View 990 |
| 2013 | $5.5M | $3.9M | $32.5M | $3.1M | — | View 990 |
| 2012 | $27.6M | $310K | $27.3M | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $-969,566, expenses of $4.0M, and assets of $25.8M (revenue -113.1% year-over-year).
- 2021: Revenue of $7.4M, expenses of $5.9M, and assets of $33.0M (revenue +23.9% year-over-year).
- 2020: Revenue of $6.0M, expenses of $5.1M, and assets of $31.5M (revenue -10.6% year-over-year).
- 2019: Revenue of $6.7M, expenses of $6.0M, and assets of $31.3M (revenue +74.7% year-over-year).
- 2018: Revenue of $3.8M, expenses of $5.6M, and assets of $30.4M (revenue -46.3% year-over-year).
- 2017: Revenue of $7.1M, expenses of $5.7M, and assets of $32.3M (revenue +35.1% year-over-year).
- 2016: Revenue of $5.3M, expenses of $6.7M, and assets of $31.1M (revenue -11.5% year-over-year).
- 2015: Revenue of $6.0M, expenses of $6.0M, and assets of $31.3M (revenue +5.1% year-over-year).
- 2014: Revenue of $5.7M, expenses of $6.7M, and assets of $32.2M (revenue +3.2% year-over-year).
- 2013: Revenue of $5.5M, expenses of $3.9M, and assets of $32.5M (revenue -80.1% year-over-year).
- 2012: Revenue of $27.6M, expenses of $310K, and assets of $27.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Illinois Science And Energy Innovation Foundation:
Data Sources and Methodology
This transparency report for Illinois Science And Energy Innovation Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.