Illinois Academy of Family Physicians
Nonprofit profile at a glance
- EIN
- 362150319
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Bolingbrook, IL, USA
- Phone
- 3313180680
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,735,275
- Expenses
- $1,964,815
- Assets
- $3,425,484
- Liabilities
- $354,826
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- CORINNE KOHLER (PRESIDENT ELECT)
- KATHLEEN ROWLAND (PRESIDENT)
- MUSTAFA ALAVI (SECOND VICE PRESIDENT)
- SATINA WHEAT (FIRST VICE PRESIDENT)
- JENNIFER O'LEARY (CO-CEO/CFO)
- GORDANA KRKIC (CO-CEO/CAO)
Highest reported compensation
- GORDANA KRKIC (CO-CEO/CAO): $296,206 total reported compensation
- JENNIFER O'LEARY (CO-CEO/CFO): $291,297 total reported compensation
- KATHLEEN VALENTINE (VICE PRESIDENT OF EDUCATION): $155,423 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote excellence in the health and well-being of the people of Illinois through support and education of family physicians and the families and communities they serve.
What it reported doing in 2024
Government relations - monitoring and reviewing health care legislation, rules and regulations in state government; developing advocacy positions on issues and lobbying state officials on those issues; and exhibiting at other organizations meetings to provide them with Illinois academy of family physicians viewpoints.
Operating model
- Revenue model
- Earned-program. 73% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 74
- Accountability: 95
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -13.2%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 1.74; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 46.3%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 13% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 20 of 20 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $296K · 28 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $260K reported
- Consistency: 13 of 13 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 14/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.