SOUTH BEND HERITAGE FOUNDATION INC

EIN: 237394320 501(c)(3) Community Improvement

SOUTH BEND, IN

Total Revenue
$5,382,300
Total Expenses
$4,836,987
Total Assets
$23,496,568
Net Assets
$13,556,248
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
IN
Principal Officer
JONATHAN WINGFIELD
Phone
5742891066
Tax Period
2023-01-01 to 2023-12-31

SOUTH BEND HERITAGE FOUNDATION INC, founded in 1974, is a community nonprofit in the Community Improvement sector that reported $5.4M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $4.8M left a modest 10% surplus.

Mission

TO ENHANCE THE BEAUTY AND VALUE OF URBAN NEIGHBORHOODS AND EMPOWER RESIDENTS, THROUGH COLLABORATION, PHYSICAL TRANSFORMATION, ADVOCACY AND EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,543,983
Program Service Revenue $3,136,232
Investment Income $134,489
Other Revenue $567,596
TOTAL REVENUE $5,382,300

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,064,807
Fundraising Expenses $0
Program Expenses $4,569,637
Other Expenses $3,772,180
TOTAL EXPENSES $4,836,987

Year-over-Year Comparison

2023 2022 Change
Revenue $5,382,300 $6,242,150 -0.1%
Expenses $4,836,987 $4,650,840 +0.0%
Net Income $545,313 $1,591,310 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
33
Volunteers
250

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$86,661
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCO MARIANI EXECUTIVE DIRECTOR 2.00
Officer
$86,661 $0 $86,661
JONATHAN WINGFIELD PRESIDENT 2.00
Officer Director
$0 $0 $0
KARL EDMONSON VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
TIM MEHALL CHAIR 2.00
Officer Director
$0 $0 $0
MATTHEW J GRAY TREASURER 2.00
Director
$0 $0 $0
DEBRA M STANLEY SECRETARY 2.00
Director
$0 $0 $0
MARGUERITE A TAYLOR BOARD MEMBER 2.00
Director
$0 $0 $0
SOLOMON L ANDERSON BOARD MEMBER 2.00
Director
$0 $0 $0
LYNN COLEMAN BOARD MEMBER 2.00
Director
$0 $0 $0
REBECCA BONHAM BOARD MEMBER 2.00
Director
$0 $0 $0
PASTOR CANNETH LEE BOARD MEMBER 2.00
Director
$0 $0 $0
JO ANN G MACKENZIE BOARD MEMBER 2.00
Director
$0 $0 $0
TOY VILLA BOARD MEMBER 2.00
Director
$0 $0 $0
DEBRA WALKER BOARD MEMBER 2.00
Director
$0 $0 $0
ANDRE WADDELL BOARD MEMBER 2.00
Director
$0 $0 $0
WILLIAM A WELSHEIMER JR BOARD MEMBER 2.00
Director
$0 $0 $0
MARCIA JONES BOARD MEMBER 2.00
Director
$0 $0 $0
CHARLES F LEHMAN BOARD MEMBER 2.00
Director
$0 $0 $0
BAYE SLYVESTER BOARD MEMBER 2.00
Director
$0 $0 $0
SHANON BUARI BOARD MEMBER 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $5,382,300 $4,836,987 $23,496,568 $545,313
2022 $6,242,150 $4,650,840 $23,586,794 $1,591,310
2021 $7,170,188 $3,651,367 $23,355,811 $3,518,821
2020 $4,433,377 $3,822,196 $19,249,636 $611,181
2019 $4,008,925 $4,076,361 $19,382,777 $-67,436
2018 $3,866,028 $4,121,741 $19,148,796 $-255,713
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