LIBENU

EIN: 272149745 501(c)(3) Human Services

SKOKIE, IL

Total Revenue
$1,751,740
Total Expenses
$1,450,120
Total Assets
$6,993,973
Net Assets
$5,410,555
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IL
Principal Officer
SHANA ERENBERG
Phone
8472130514
Tax Period
2024-01-01 to 2024-12-31

LIBENU, founded in 2010, is a small nonprofit in the Human Services sector that reported $605K in total revenue in fiscal year 2019. Expenses of $695K exceeded revenue, resulting in a 15% operating deficit.

Mission

LIBENU'S MISSION IS TO PROVIDE A LIFETIME OF CARE AND SUPPORT FOR CHILDREN, TEENS, AND ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES, EMPOWERING THEM TO LIVE WITH DIGNITY AS FULLY INCLUDED MEMBERS OF THEIR COMMUNITY. LIBENU PARTNERS WITH FAMILIES, ENABLING THEM TO CREATE THE LIFE THEY WANT FOR THEIR LOVED ONES, RESULTING IN DECREASED STRESS AND AN INCREASED SENSE OF SECURITY FOR THE FUTURE. LIBENU FULFILLS ITS MISSION BY PROVIDING LIFE-CHANGING, ROBUST RESPITE SERVICES INFUSED WITH TRADITIONAL VALUES FOR FAMILIES; WARM, WELCOMING PERSON-CENTERED KOSHER HOMES FOR ADULTS; INCLUSIVE SOCIAL AND RECREATIONAL OPPORTUNITY; PARTNERSHIPS FOR DAY PROGRAMMING AND VOCATIONAL TRAINING; AND LEADERSHIP IN COMMUNITY EDUCATION AND ADVOCACY.

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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 $1,258,255
Program Service Revenue $419,043
Investment Income $74,442
Other Revenue $0
TOTAL REVENUE $1,751,740

Expense Breakdown

Grants Paid $0
Salaries & Benefits $798,310
Fundraising Expenses $127,220
Program Expenses $1,241,254
Other Expenses $651,810
TOTAL EXPENSES $1,450,120

Year-over-Year Comparison

2024 2023 Change
Revenue $1,751,740 $3,353,509 -0.5%
Expenses $1,450,120 $1,335,461 +0.1%
Net Income $301,620 $2,018,048 -0.9%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
10
Employees
8
Volunteers
N/A

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
$192,843
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANA ERENBERG CEO 40.00
Officer
$192,843 $0 $192,843
SHARYL ROSS PRESIDENT 5.00
Officer Director
$0 $0 $0
DR RICH ARONOFF VICE PRESIDE 4.00
Officer Director
$0 $0 $0
DEBRA HARTMAN TRASURER 4.00
Officer Director
$0 $0 $0
NESANEL DAVIS BOARD MEMBER 4.00
Director
$0 $0 $0
GARY ASHMAN BOARD MEMBER 4.00
Director
$0 $0 $0
MITCH DAYAN BOARD MEMBER 4.00
Director
$0 $0 $0
JULIE THOMAS BOARD MEMBER 4.00
Director
$0 $0 $0
DAVID SETILER BOARD MEMBER 4.00
Director
$0 $0 $0
SCOTT GOTTLIEB BOARD MEMBER 4.00
Director
$0 $0 $0
CHASIDA DAVIS BOARD MEMBER 4.00
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 $1,751,740 $1,450,120 $6,993,973 $301,620
2023 $3,353,509 $1,335,461 $6,612,849 $2,018,048
2022 $1,609,273 $1,155,581 $4,230,227 $453,692
2021 $1,439,035 $809,417 $3,637,657 $629,618
2020 $1,113,664 $737,075 $3,035,821 $376,589
2019 $605,369 $695,438 $2,589,365 $-90,069
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