NEAR NORTHWEST NEIGHBORHOOD INC

EIN: 237414729 501(c)(3)

SOUTH BEND, IN

Total Revenue
$653,188
Total Expenses
$751,241
Total Assets
$3,270,630
Net Assets
$2,311,947
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
IN
Principal Officer
KATHY SCHUTH
Phone
5742329182
Tax Period
2024-01-01 to 2024-12-31

NEAR NORTHWEST NEIGHBORHOOD INC, founded in 1990, is a small nonprofit that reported $653K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $751K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO IMPROVE THE PHYSICAL, SOCIAL AND ECONOMIC ENVIRONMENT OF THE NEAR NORTH-WEST SECTION OF THE CITY OF SOUTH BEND, INDIANA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $524,705
Program Service Revenue $155,899
Investment Income $-27,619
Other Revenue $203
TOTAL REVENUE $653,188

Expense Breakdown

Grants Paid $0
Salaries & Benefits $321,218
Fundraising Expenses $6,711
Program Expenses $566,935
Other Expenses $430,023
TOTAL EXPENSES $751,241

Year-over-Year Comparison

2024 2023 Change
Revenue $653,188 $1,493,665 -0.6%
Expenses $751,241 $793,716 -0.1%
Net Income $-98,053 $699,949 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
8
Volunteers
200

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
5
$75,423
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRITTNEY JENNINGS BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL HEBBELER BOARD MEMBER 1.00
Director
$0 $0 $0
REBEKAH GO BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL MCGEE BOARD MEMBER 1.00
Director
$0 $0 $0
MUHAMMAD SHABAZZ BOARD MEMBER 1.00
Director
$0 $0 $0
TWILA NEWBILL BOARD MEMBER 1.00
Director
$0 $0 $0
PAM BLAIR BOARD MEMBER 1.00
Director
$0 $0 $0
ANNIE MOREJON BOARD MEMBER 1.00
Director
$0 $0 $0
KARLI SIEFKER BOARD MEMBER 1.00
Director
$0 $0 $0
MATT BORST BOARD MEMBER 1.00
Director
$0 $0 $0
KRISSY CAMPBELL SECRETARY 1.00
Officer Director
$0 $0 $0
MARK GOULD TREASURER 1.00
Officer Director
$0 $0 $0
CINDY KIRKHAM VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARCELINE BINGHAM PRESIDENT 1.00
Officer Director
$0 $0 $0
KATHY SCHUTH EXECUTIVE DIRECTOR 40.00
Officer
$71,973 $3,450 $75,423
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 $653,188 $751,241 $3,270,630 $-98,053
2023 $1,493,665 $793,716 $3,333,555 $699,949
2022 $906,347 $519,434 $2,112,206 $386,913
2021 $1,047,471 $759,274 $1,492,786 $288,197
2020 $336,005 $509,842 $1,276,361 $-173,837
2019 $490,098 $683,722 $1,758,946 $-193,624
2018 $977,497 $894,610 $1,809,547 $82,887
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