SOUTH BEND HERITAGE FOUNDATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $4,569,637 Revenue: $3,128,002

THE OVERLYING GOAL OF THE ORGANIZATION IS COMMUNITY DEVELOPMENT. AS SUCH, ATTENTION IS GIVEN TO ALL ASPECTS/NEEDS IN AN AREA TO FURTHER THIS GOAL. THE ACTIVITITES INITIATE, SUPPORT AND/OR ENCOURAGE URBAN RESIDENTIAL ANC COMMERCIAL REVITALIZATION THROUGH AWARENESS OF AND ATTENTION TO COMMUNITY CHALLENGES. BECAUSE OF THE INTERRELATIONSHIP OF THESE ACTIVIIES, THEY ARE TREATED AS A UNIT FOR BOOKKEEPING PURPOSES. THESE ACTIVITIES INCLUDE BUY/RHEAB/SALE OF PROBLEM PROPERTIES, NEW CONSTRUCTION REHABILITATION AND FINANCIAL ASSISTANCE, EDUCATIONAL PROGRAMS, PROVIDING AFFORDABLE HOUSING, COMMUNITY ORGANIZING AND OTHER COMMUNITY OUTREACH INITIATIES. RESIDENTIAL AND COMMERCIAL FOCUS IS PROVIDED ON A CITY-WIDE BASIS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$86,661

Total Directors

Key Employees

Highest Compensated

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