National Forum for Environmental and Toxic Tort Issues Inc
Nonprofit profile at a glance
- EIN
- 474278762
- IRS 990-EZ coverage
- 2021–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2015
- Location
- Chicago, IL, USA
- Phone
- 3123637175
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $101,350
- Expenses
- $78,454
- Assets
- $48,329
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- RYAN GILLEPSIE (CO-CHAIR)
- SUZANNE KARAPASHEV (CO-CHAIR)
- ANTHONY M GOLDNER (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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To enhance our members' understanding of the ever-changing environmental and toxic tort issues they face in their professions. Fetti was formed primarily to put on an annual two and half (2 1/2 day) conference in the fall in chicago at the union league club for insurers, consultants, and attorneys who specialize in defending environmental and toxic torts cases. The annual conference features approximately 20 speakers who present on a range of current and interesting topics covering toxic torts litigation, insurance coverage issues for environmental and toxic tort claims, and state and national environmental affecting business and insurers.
What it reported doing in 2022
Each year fetti convenes in the chicago area to host a world-class seminar on a broad range of environmental issues with nationally recognized speakers. At our seminar, professionals who are recognized experts in their fields offer informative and provocative programs to enhance our members' understanding of the ever-changing environmental and toxic tort issues they face in their professions.
Operating model
- Revenue model
- Membership-supported. 100% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and the available information about grant readiness automatic revocation leaves an important question unanswered.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 82
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.4%; rating input score 77
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 22.6%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0.62; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: 34% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 43.8% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 62.1% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 77.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $78K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2021 to 2022
- Contacts: How to reach this organization
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.