SCommunity Improvement & Capacity BuildingEIN: 363768028· Ruling Year: 1991

I Car Education Foundation

Hoffman Est, Illinois

B+Health Score
70B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.25×
Peer Median2.76×
💰
$20.2M
Total Revenue
📊
$21.2M
Total Expenses
🏦
$5.2M
Net Assets
📋
$892K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+70.4%
Year-over-year change (2022 → 2023)
Net Margin
-5.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.25
Net assets divided by total expenses
Liabilities-to-Assets
14.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$20,210,26470%$21,218,022109%$6,098,3665%
2022$11,863,25213%$10,167,3967%$6,430,47931%
2021$10,474,23324%$9,533,03630%$4,904,92434%
2020$13,811,2445%$13,527,3197%$3,655,21510%
2019$14,503,2104%$14,569,5487%$3,328,5673%
2018$13,989,89920%$13,654,50418%$3,237,81510%
2017$11,693,874$11,564,5611%$2,943,0275%
2016$11,651,02410%$11,474,97310%$2,805,75712%
2015$10,561,52424%$10,389,59022%$2,513,0689%
2014$13,847,98147%$13,374,69144%$2,310,0008%
2013$9,420,33492%$9,302,03291%$2,134,6818%
2012$4,902,06618%$4,860,60519%$1,981,9496%
2011$4,138,434$4,072,624$1,870,274

Frequently Asked Questions

What does I Car Education Foundation do?

I Car Education Foundation is a community improvement & capacity building nonprofit organization based in Illinois. It is classified under NTEE code S024 and is registered as a 501(c) tax-exempt organization with the IRS.

Is I Car Education Foundation financially healthy?

Based on our 9-metric Financial Health Score model, I Car Education Foundation has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does I Car Education Foundation generate?

I Car Education Foundation reports $14.7M in annual revenue and holds $6.7M in total assets, based on IRS filings.

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I Car Education Foundation — Hoffman Est, IL | GiveScope