VETERANS FOUNDATION OF ILLINOIS INC Charity Report

Public IRS 990 nonprofit record

VETERANS FOUNDATION OF ILLINOIS INC

EIN 11-3698763 · Centers to Support the Independence of Specific Populations (P80)

What they do

THE MISSION of THE VETERANS FOUNDATION of ILLINOIS, INC is to SUPPORT PROGRAMS and SERVICES THAT SECURE, MANAGE, and DISTRIBUTE RESOURCES to IMPROVE THE LIVES of VETERANS, MILITARY SERVICE PERSONNEL, THEIR FAMILIES, and COMMUNITIES WHERE THEY LIVE THROUGHOUT ILLINOIS.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $16.70 was reported for mission work and $0.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

206.17%of revenue went to mission work16.7% of expenses · Program services

$1,231.89spent for every $100 of revenueSpending was higher than revenue this year.

1,025.72%of revenue went to management and office costs83.3% of expenses

$1.13in assets for every $1 spent this yearSome assets cannot be spent right away.

22.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $172,273 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$15,220

Mission workProgram services$31,379206.17% of revenue16.7% of expenses

ManagementOffice and general costs$156,1141,025.72% of revenue83.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$187,4931,231.89% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 16.7% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 16.7% mission · 83.3% management · 0.0% fundraisingTotal expenses: 1,231.89% of revenue

2023Expense mix: 99.1% mission · 0.9% management · 0.0% fundraisingTotal expenses: 26.55% of revenue

2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 102.75% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 109.17% of revenue

2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 196.68% of revenue

2016Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 91.20% of revenue

Money in and money out

Revenue$15,220

Expenses$187,493

Annual shortfall $172,273 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$31,379 · 16.7% of expenses

Management and office costs$156,114 · 83.3% of expenses

See all reported dollar amounts

Revenue$15,220

Expenses$187,493

Assets$211,177

Income$180,186

Contributions$3,353

Mission work (program services)$31,379

Management and general$156,114

Stocks and bonds$135,421

Accounting fees$1,500

Investing fees$418

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (7)

BARBARA WILSONDIRECTOR

BRETT NILADIRECTOR

EUGENE BLACKWELL1ST VICE PRESIDENT

MAURICE BRIDGES SRCHAIRMAN

ROB BAILEY2ND VICE PRESIDENT

SCOTT SWINFORDTREASURER

TODD LATHAMPRESIDENT

About this charity

Recognized since: January 2003
Location: 3300 CONSTITUTION DR, SPRINGFIELD, IL 62711-9488
County: Sangamon
In care of: % MICHAEL DEROSS
Primary officer: JOSEPH SCOTT SWINFORD, TREASURER

How to reach them

Phone(217) 529-6688

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KERBER ECK & BRAECKEL LLP
NTEE classification: Centers to Support the Independence of Specific Populations (P80)
IRS tax category: Centers to Support the Independence of Specific Populations