YMutual & Membership BenefitEIN: 370892878· Ruling Year: 1966

Illinois Retired Teachers Association Inc

Springfield, Illinois

B+Health Score
68B+

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 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.96×
Peer Median29.60×
💰
$1.5M
Total Revenue
📊
$1.4M
Total Expenses
🏦
$4.0M
Net Assets
📋
$2K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.8%
Year-over-year change (2022 → 2023)
Net Margin
+9.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.96
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$1,498,74011%$1,358,00011%$4,016,1944%
2022$1,353,04824%$1,532,16229%$3,874,7574%
2021$1,780,00134%$1,187,2634%$4,054,42013%
2020$1,332,691$1,238,99116%$3,572,9256%
2019$1,326,840$1,064,5528%$3,373,9288%
2018$1,324,8211%$1,151,9634%$3,116,2666%
2017$1,342,2428%$1,112,4777%$2,951,32711%
2015$1,453,29618%$1,198,37542%$2,660,57617%
2013$1,228,86930%$844,5159%$2,265,62521%
2012$942,16614%$771,5065%$1,877,00910%
2011$824,723$732,874$1,710,504

Frequently Asked Questions

What does Illinois Retired Teachers Association Inc do?

Illinois Retired Teachers Association Inc is a mutual & membership benefit nonprofit organization based in Illinois. It is classified under NTEE code Y33Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Illinois Retired Teachers Association Inc financially healthy?

Based on our 9-metric Financial Health Score model, Illinois Retired Teachers Association Inc has a score of 68/100 (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 Illinois Retired Teachers Association Inc generate?

Illinois Retired Teachers Association Inc reports $1.9M in annual revenue and holds $4.7M in total assets, based on IRS filings.

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Illinois Retired Teachers Association Inc — Springfield, IL | GiveScope