Federation of Independent Illinois Colleges & Universities
501(c)(6)
Only null% goes to programs Strong reserves
Federation of Independent Illinois Colleges & Universities is a 501(c)(6) organization based in Springfield, Illinois, registered in 1967, with $1,078,104 in FY2024 revenue. CharityIndex grades it B.
1123 S 2nd St, Springfield, IL, 62704 EIN 36-2582852 Since 1967
Revenue (FY2024)
$1.1M
▲ 7.7% vs prior year
Expenses (FY2024)
$1.2M
Net assets
$908K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Federation of Independent Illinois Colleges & Universities— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating9 mo reserves · -9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Federation of Independent Illinois Colleges & Universities: 9 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Federation of Independent Illinois Colleges & Universities— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Federation of Independent Illinois Colleges & Universities: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1123 S 2nd St, Springfield, IL, 62704
- City
- Springfield
- State
- Illinois
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $1.2M (FY2015) to $1.1M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $163KNet assets $908K
Operating margin
-8.9%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$163K
Net assets
$908K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,078,104▲7.7% | $1,173,885▲7.2% | $908,201▼9.5% | $1,071,119▼6.6% | 990 |
| 2023 | $1,000,795▼2.1% | $1,095,399▲3.5% | $1,003,982▼8.6% | $1,147,004▼3.8% | 990 |
| 2022 | $1,022,119▼5.8% | $1,058,311▲7.9% | $1,098,586▼3.2% | $1,191,928▼3.7% | 990 |
| 2021 | $1,085,486▼0.8% | $980,631▼6.9% | $1,134,778▲10.2% | $1,237,607▲4.5% | 990 |
| 2020 | $1,094,206▲4.6% | $1,053,293▼1.0% | $1,029,923▲4.1% | $1,184,669▲6.4% | 990 |
| 2019 | $1,045,590▼2.3% | $1,064,291▲18.7% | $989,010▼1.9% | $1,113,640▼1.1% | 990 |
| 2018 | $1,069,910▲5.7% | $896,419▼4.5% | $1,007,711▲20.8% | $1,125,660▲14.5% | 990 |
| 2017 | $1,012,519▼14.1% | $939,066▼16.1% | $834,220▲9.7% | $982,948▼3.1% | 990 |
| 2016 | $1,178,668▼2.7% | $1,118,721▼3.1% | $760,767▲8.6% | $1,014,492▲6.3% | 990 |
| 2015 | $1,211,358 | $1,154,288▼1.1% | $700,820▲137% | $954,491▲15.6% | 990 |
| 2010 | — | $1,166,615 | $295,960 | $825,791 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Federation of Independent Illinois Colleges & Universities a legitimate nonprofit?
- Yes. Federation of Independent Illinois Colleges & Universities is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 36-2582852, based in Springfield, Illinois.
- What is Federation of Independent Illinois Colleges & Universities's EIN?
- Federation of Independent Illinois Colleges & Universities's Employer Identification Number (EIN) is 36-2582852.
- How much revenue does Federation of Independent Illinois Colleges & Universities report?
- Federation of Independent Illinois Colleges & Universities reported $1,078,104 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Federation of Independent Illinois Colleges & Universities have?
- CharityIndex grades Federation of Independent Illinois Colleges & Universities B, based on financial health (reserves and operating margin).
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Data for Federation of Independent Illinois Colleges & Universities (EIN 36-2582852) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.