NEAR NORTHWEST NEIGHBORHOOD 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

1990

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $494,115

REVITALIZATION-REHABILITATION OF HOUSING IN THE NEIGHBORHOOD THROUGH PURCHASE & RENOVATION ASSISTANCE TO PRIVATE INDIVIDUALS IN NEED OF THESE SERVICES.

Program 2

Expenses: $21,871 Revenue: $23,206

THE LOCAL CUP, LLC WAS FORMED AS A WHOLLY-OWNED SUBSIDIARY OF NNN TO ADVANCE THE PURPOSES OF NNN TO STRENGTHEN NEIGHBORLY RELATIONS IN THE NEAR NORTHWEST NEIGHBORHOOD OF SOUTH BEND, INDIANA. THE...

THE LOCAL CUP, LLC WAS FORMED AS A WHOLLY-OWNED SUBSIDIARY OF NNN TO ADVANCE THE PURPOSES OF NNN TO STRENGTHEN NEIGHBORLY RELATIONS IN THE NEAR NORTHWEST NEIGHBORHOOD OF SOUTH BEND, INDIANA. THE LOCAL CUP IS A DONATION BASED VOLUNTEER MANAGED COFFEE SHOP.

Program 3

Expenses: $50,949 Revenue: $116,230

RENTAL ASSISTANCE TO INDIVIDUALS.

🔒

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 (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

🔒

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

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

$75,423

Total Directors

Key Employees

Highest Compensated

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
2025	No data	No data	No data	No data
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