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Illinois · Nonprofit

FP2 INC

FP2 INC (Illinois) receives grants from 1 organization whose IRS filings report $53,000 to it, the largest being NATIONAL ASPHALT PAVEMENT ASSOCIATION INC ($53,000). 1 of them have funded it in more than one year.

Revenue FY2024
$402k
Funders on record
1
Grants received
$53k
Net assets
$333k
1/1 repeat funderspeak grant-dependency 8%
01What it does

What Fp2 Inc does

Mission

The purpose of the organization shall be to promote pavement preservation as a proactive approach in maintaining our highways; to promote and educate the public on the value of pavement preservation in reducing the use of new virgin road materials, reducing energy costs and reducing green house gases; and to conduct research and studies on pavement preservation methodologies.

As stated on its FY2024 Form 990.

Programs

  1. The organization seeks to educate, influence, and inform the public, agencies, trade associations, legislators, and preservation partnerships about the benefits of preserving our existing highway system in an acceptable manner to users and freight haulers. The goal of preservation is achieved by advocating national policies; by promotional activities like trade shows and other venues; and by supporting research programs like the national center for pavement preservation at michigan state university in accordance with the preservation research roadmap recently published by the federal highway administration through grants and project solicitations.

  2. Funding of a test track on which different types of pavement viability studies are conducted.

The 2 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($331k) Expenses 100 ($327k) Net assets 100 ($65k)2018 Revenue 97 ($322k) Expenses 98 ($320k) Net assets 103 ($68k)2019 Revenue 118 ($389k) Expenses 129 ($422k) Net assets 53 ($34k)2020 Revenue 111 ($367k) Expenses 98 ($322k) Net assets 122 ($80k)2021 Revenue 119 ($392k) Expenses 101 ($330k) Net assets 217 ($142k)2022 Revenue 101 ($334k) Expenses 118 ($386k) Net assets 139 ($91k)2023 Revenue 136 ($448k) Expenses 83 ($270k) Net assets 411 ($269k)2024 Revenue 122 ($402k) Expenses 103 ($337k) Net assets 510 ($333k)
'17'18'19'20'21'22'23'24
Revenue (122)Expenses (103)Net assets (510)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $94k to $272k (+190%).

$70k
$74k
$48k
$92k
$148k
$94k
$272k
$337k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

97% of FP2 INC’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$3k
’17
$2k
’18
−$33k
’19
$45k
’20
$62k
’21
−$51k
’22
$178k
’23
$65k
’24
12
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Rick Church

Executive director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1211131413141111
Joined·+2+2+1+3+1+0+0
No longer listed·3004030
03Who funds it

Who funds it, year by year

2019 → 2020: the base held at 1 funder, grant income rose $25k → $28k.

Funder
'19
'20
total
funders
1
1

From the IRS filings of FP2 INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

FP2 INC draws 100% of its grant income from funders outside Illinois, across 1 state in all.

MD

In-state vs out-of-state, by year

’19
’20
Illinois out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FP2 INC runs a healthier operating margin than half of the 11,971 community improvement nonprofits its size.

Operating margin16% · above the median
Months of reserve12.0mo · above the median
Revenue growth (annualized)3% · below the median

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like FP2 INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

10
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for FP2 INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FP2 INC?
FP2 INC (Illinois) receives grants from 1 organization whose IRS filings report $53,000 to it, the largest being NATIONAL ASPHALT PAVEMENT ASSOCIATION INC ($53,000). 1 of them have funded it in more than one year.
How many funders does FP2 INC have?
IRS filings report 1 organization giving $53,000 in grants to FP2 INC, 1 of which have funded it in more than one year.
Who is the largest funder of FP2 INC?
NATIONAL ASPHALT PAVEMENT ASSOCIATION INC is the largest funder on record, with $53,000 in grants. The full list of funders is on this page.
How can an organization like FP2 INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing