Illinois Inaugural Committee 2011

Nonprofit profile at a glance

EIN
273942074
IRS 990 coverage
2011–2011
Forms available
Form 990 2011
Location
Chicago, IL, USA
Phone
7724728558
Rating confidence
Limited
Sector
Historical Societies, Related Historical Activities

Reported finances

Revenue
$444,800
Expenses
$755,190
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

4 people listed

Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to plan, coordinate, conduct and fund various events to celebrate the 2011 inauguration of newly elected constitutional officers for the state of Illinois.

What it reported doing in 2011

In accordance with the organization's mission, the Illinois inauguration committee's board members, executive staff, and volunteers planned and raised funds for several events in springfield, Illinois, over inauguration weekend, january 8-11, 2011. These events are intended to promote the civic betterment of Illinois and the civic engagement of its residents, to celebrate the democratic process and foster patriotism, and to acknowledge the sacrifices of Illinois' military families. The organization sponsored a limited number of events, most of which were open on a ticketed basis to members of the general public as space permits. Attendance at a few of the inauguration weekend events was on an invitation-only basis, with invitations issued to military families (the gold star families reception) or to the corporation's donors. Below are some of the events the organization conducted. *gold star families reception *interfaith service *inaugural ceremony *executive mansion open house *inaugural ball

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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: 100
  • Accountability: 44
  • Sustainability: 7
  • Growth: NotEnoughData

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; 60th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 17th percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -69.8%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 1.1%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 2 of 3 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $755K in reported program spending
  • Leadership: top reported pay $8K · 4 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Money network: 22 filed money-flow records
  • Related organizations: 21 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 6 of 7 not reported.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.