I am Logan Square

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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

Principal Officer

Geary Yonker

Phone

7732784257

Tax Period

2024-01-01 to 2024-12-31

I am Logan Square, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $331K in total revenue in fiscal year 2024.

Mission

To promote and increase awareness of the arts while enhancing cultural development in Chicago's Logan Square neighborhood.

Program Service Accomplishments

Program 1

Expenses: $327,299 Revenue: $327,537

Logan Square Arts Festival

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $69,248

Program Service Revenue $261,402

Investment Income $10

Other Revenue $0

TOTAL REVENUE $330,660

Expense Breakdown

Grants Paid $12,375

Salaries & Benefits $23,745

Fundraising Expenses $0

Program Expenses $327,299

Other Expenses $306,509

TOTAL EXPENSES $342,629

Year-over-Year Comparison

	2024	2023	Change
Revenue	$330,660	$339,586	0.0%
Expenses	$342,629	$329,579	+0.0%
Net Income	$-11,969	$10,007	-2.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

125

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Esam Hami	Director	2.00	Director	$0	$0	$0
Charlie Ockerlund	Secretary	2.00	Officer Director	$0	$0	$0
GEARY YONKER	President	2.00	Officer Director	$0	$0	$0
SAM LEWIS	Director	2.00	Director	$0	$0	$0
WILLIAM HELMKAMP	Director	2.00	Director	$0	$0	$0
Heather Egland	Treasurer	2.00	Officer Director	$0	$0	$0
Nilda Esparza	Director	2.00	Director	$0	$0	$0
Penny Gibbons	Director	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	$330,660	$342,629	$114,768	$-11,969
2023	$339,586	$329,579	$129,075	$10,007
2022	$311,237	$303,448	$130,997	$7,789
2021	$5,377	$21,832	$107,590	$-16,455