Taxpayers Federation Of Illinois
EIN: 370545737 · Springfield, IL · NTEE: S25Z
| Metric | Value |
|---|---|
| Total Revenue | $528K |
| Total Expenses | $612K |
| Net Assets | $323K |
Is Taxpayers Federation Of Illinois Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Taxpayers Federation Of Illinois
Taxpayers Federation Of Illinois (EIN: 370545737) is a nonprofit organization based in Springfield, IL, classified under NTEE code S25Z. The organization reported total revenue of $528K and total assets of $531K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Taxpayers Federation Of Illinois's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Taxpayers Federation Of Illinois is a small nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $529K |
| Total Expenses | $612K |
| Surplus / Deficit | $-83,039 |
| Total Assets | $560K |
| Total Liabilities | $237K |
| Net Assets | $323K |
| Operating Margin | -15.7% |
| Debt-to-Asset Ratio | 42.3% |
| Months of Reserves | 11.0 months |
Financial Health Grade: B
In 2023, Taxpayers Federation Of Illinois reported a deficit of $83K with expenses exceeding revenue, holds 11.0 months of operating reserves (strong position), has a debt-to-asset ratio of 42.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Taxpayers Federation Of Illinois's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.1% | +1.1% | -4.2% |
| 2022 | -8.2% | +9.4% | -9.7% |
| 2021 | +9.7% | +4.6% | +21.3% |
| 2020 | -7.3% | -12.2% | -11.4% |
| 2019 | +7.4% | +0.8% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Taxpayers Federation Of Illinois 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 Taxpayers Federation Of Illinois 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $83K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.3%.
Frequently Asked Questions about Taxpayers Federation Of Illinois
Is Taxpayers Federation Of Illinois a legitimate charity?
Based on AI analysis of IRS 990 filings, Taxpayers Federation Of Illinois (EIN: 370545737) insufficient data. 0 red flags identified, 0 strengths noted.
How does Taxpayers Federation Of Illinois spend its money?
Detailed spending breakdown data is not yet available for Taxpayers Federation Of Illinois. Check back for updated IRS 990 analysis.
Are donations to Taxpayers Federation Of Illinois tax-deductible?
Taxpayers Federation Of Illinois is registered as a tax-exempt nonprofit (EIN: 370545737). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Taxpayers Federation Of Illinois located?
Taxpayers Federation Of Illinois is headquartered in Springfield, Illinois and files with the IRS under EIN 370545737. It is classified under NTEE code S25Z.
How many years of IRS 990 filings does Taxpayers Federation Of Illinois have?
Taxpayers Federation Of Illinois has 13 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 $528K in total revenue.
Filing History
IRS 990 filing history for Taxpayers Federation Of Illinois showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Taxpayers Federation Of Illinois's revenue has declined by 5.3%, moving from $559K to $529K. Total assets increased by 34.8% over the same period, from $416K to $560K. Total functional expenses rose by 24.2%, from $493K to $612K. In its most recent filing year (2023), Taxpayers Federation Of Illinois reported a deficit of $83K, with expenses exceeding revenue. The organization holds $237K in liabilities against $560K in assets (debt-to-asset ratio: 42.3%), resulting in net assets of $323K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $529K | $612K | $560K | $237K | — | — |
| 2022 | $546K | $605K | $585K | $222K | — | View 990 |
| 2021 | $595K | $553K | $648K | $227K | — | View 990 |
| 2020 | $543K | $529K | $534K | $155K | — | — |
| 2019 | $585K | $603K | $602K | $237K | — | View 990 |
| 2018 | $545K | $598K | $589K | $207K | — | View 990 |
| 2017 | $600K | $570K | $605K | $169K | — | View 990 |
| 2016 | $606K | $620K | $577K | $172K | — | View 990 |
| 2015 | $589K | $575K | $665K | $246K | — | View 990 |
| 2014 | $569K | $513K | $664K | $260K | — | View 990 |
| 2013 | $591K | $527K | $536K | $187K | — | View 990 |
| 2012 | $558K | $521K | $477K | $193K | — | View 990 |
| 2011 | $559K | $493K | $416K | $168K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $529K, expenses of $612K, and assets of $560K (revenue -3.1% year-over-year).
- 2022: Revenue of $546K, expenses of $605K, and assets of $585K (revenue -8.2% year-over-year).
- 2021: Revenue of $595K, expenses of $553K, and assets of $648K (revenue +9.7% year-over-year).
- 2020: Revenue of $543K, expenses of $529K, and assets of $534K (revenue -7.3% year-over-year).
- 2019: Revenue of $585K, expenses of $603K, and assets of $602K (revenue +7.4% year-over-year).
- 2018: Revenue of $545K, expenses of $598K, and assets of $589K (revenue -9.2% year-over-year).
- 2017: Revenue of $600K, expenses of $570K, and assets of $605K (revenue -1.0% year-over-year).
- 2016: Revenue of $606K, expenses of $620K, and assets of $577K (revenue +3.0% year-over-year).
- 2015: Revenue of $589K, expenses of $575K, and assets of $665K (revenue +3.5% year-over-year).
- 2014: Revenue of $569K, expenses of $513K, and assets of $664K (revenue -3.8% year-over-year).
- 2013: Revenue of $591K, expenses of $527K, and assets of $536K (revenue +6.1% year-over-year).
- 2012: Revenue of $558K, expenses of $521K, and assets of $477K (revenue -0.2% year-over-year).
- 2011: Revenue of $559K, expenses of $493K, and assets of $416K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Taxpayers Federation Of Illinois:
Data Sources and Methodology
This transparency report for Taxpayers Federation Of Illinois 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.