PORTER COUNTY COMMUNITY FOUNDATION… - Form 990 Financial Data

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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

1996

Legal Domicile

Principal Officer

WILLIAM A HIGBIE

Phone

2194650294

Tax Period

2024-01-01 to 2024-12-31

PORTER COUNTY COMMUNITY FOUNDATION INC, founded in 1996, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $18.1M in total revenue in fiscal year 2024. Revenue surged 157% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.3M, a strong 62% operating margin.

Mission

TO STRENGTHEN OUR COMMUNITY THROUGH LASTING GENEROSITY AND LEADERSHIP

Program Service Accomplishments

Program 1

Expenses: $5,610,344

THE ORGANIZATION DISBURSES GRANTS TO CHARITABLE ORGANIZATIONS FOR PROJECTS THAT PROMOTE THE COMMUNITY AND HELP MEET THE CHANGING NEEDS OF THE COMMUNITY. THE ORGANIZATION ALSO DISBURSES GRANTS TO...

THE ORGANIZATION DISBURSES GRANTS TO CHARITABLE ORGANIZATIONS FOR PROJECTS THAT PROMOTE THE COMMUNITY AND HELP MEET THE CHANGING NEEDS OF THE COMMUNITY. THE ORGANIZATION ALSO DISBURSES GRANTS TO PORTER COUNTY RESIDENTS IN ACCORDANCE WITH THE REQUESTS OF DONORS WHO ESTABLISH SCHOLARSHIP FUNDS.

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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 $12,216,139

Program Service Revenue $0

Investment Income $5,921,696

Other Revenue $0

TOTAL REVENUE $18,137,835

Expense Breakdown

Grants Paid $4,792,672

Salaries & Benefits $1,030,092

Fundraising Expenses $602,826

Program Expenses $5,610,344

Other Expenses $998,981

TOTAL EXPENSES $6,821,745

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,137,835	$7,050,984	+1.6%
Expenses	$6,821,745	$5,414,417	+0.3%
Net Income	$11,316,090	$1,636,567	+5.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$377,975

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CELINA WEATHERWAX	BOARD MEMBER	2.00	Director	$0	$0	$0
DEAN COBBLE	BOARD MEMBER	2.00	Director	$0	$0	$0
EMILY RICHARDSON-ROSSBACH	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIFER SHIKANY	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIFER VIDIMOS	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN MONTGOMERY	BOARD MEMBER	2.00	Director	$0	$0	$0
JULIE ELISHA	BOARD MEMBER	2.00	Director	$0	$0	$0
JUNG LEE	BOARD MEMBER	2.00	Director	$0	$0	$0
KARI ZEHNER	BOARD MEMBER	2.00	Director	$0	$0	$0
LAUREN KROEGER	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK RITZI	BOARD MEMBER	2.00	Director	$0	$0	$0
MEGAN MARSHALL	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL WENDAHL	BOARD MEMBER	2.00	Director	$0	$0	$0
RACHEL STONER	BOARD MEMBER	2.00	Director	$0	$0	$0
RYAN COLE	BOARD MEMBER	2.00	Director	$0	$0	$0
SAMI WELTER	BOARD MEMBER	2.00	Director	$0	$0	$0
SARADHA DE JESUS	BOARD MEMBER	2.00	Director	$0	$0	$0
SCOTT HUFFORD	BOARD MEMBER	2.00	Director	$0	$0	$0
STEPHANIE JONES	BOARD MEMBER	2.00	Director	$0	$0	$0
CAROL HALL	CHAIR	2.00	Officer Director	$0	$0	$0
MATT VESSELY	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JEFFREY LEWIS	SECRETARY	2.00	Officer Director	$0	$0	$0
TIM COLEMAN	TREASURER	2.00	Officer Director	$0	$0	$0
WILLIAM A HIGBIE	PRESIDENT/CEO	40.00	Officer	$178,500	$23,705	$202,205
JERI PAT GABBERT	VICE PRESIDENT	40.00	Officer	$170,650	$5,120	$175,770
CAROLINE SCHRENKER	EMPLOYEE	40.00	Highest	$114,955	$18,680	$133,635
MARY JANE EISENHAUER	EMPLOYEE	40.00	Highest	$149,428	$4,483	$153,911

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	$18,137,835	$6,821,745	$110,537,340	$11,316,090
2023	$7,050,984	$5,414,417	$96,708,141	$1,636,567
2022	$21,992,787	$6,013,105	$87,036,886	$15,979,682
2021	$5,735,986	$4,513,122	$83,303,379	$1,222,864
2020	$7,378,940	$3,822,119	$71,838,230	$3,556,821
2019	$6,591,395	$3,179,315	$62,918,414	$3,412,080
2018	$4,950,416	$3,731,250	$53,441,362	$1,219,166

PORTER COUNTY COMMUNITY FOUNDATION INC