Illinois Small Loan Association

Nonprofit profile at a glance

EIN
364187516
IRS 990-EZ coverage
2017–2020
Forms available
Form 990 2016, Form 990-EZ 2020
Location
Springfield, IL, USA
Phone
8883434752
Rating confidence
Limited
Sector
Credit Unions

Reported finances

Revenue
$97,710
Expenses
$104,414
Assets
$3,764
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • ROBERT WOLFBERG (PRESIDENT)
  • IRA FELNER (VICE PRESIDENT)
  • STEVE BRUBAKER (EXECUTIVE DIRECTOR)

People named in this filing

  • ROBERT WOLFBERG (PRESIDENT)
  • IRA FELNER (VICE PRESIDENT)
  • WENDY EAGER (SECRETARY/TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To represent the interests of small loan organizations.

What it reported doing in 2020

To lobby on behalf of small loan organizations and provide other services on their behalf.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
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: 82
  • Sustainability: 35
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -6.9%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -12% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: 16.5% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2017 to 2020
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.