WOMAN'S LIBRARY CLUB OF GLENCOE

EIN: 361135585 501(c)(3) Community Improvement

GLENCOE, IL

Total Revenue
$40,173
Total Expenses
$71,124
Total Assets
$1,263,076
Net Assets
$1,262,161
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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
2002
Legal Domicile
IL
Principal Officer
JENNIFER PARKINSON
Phone
8472388112
Tax Period
2023-07-01 to 2024-06-30

WOMAN'S LIBRARY CLUB OF GLENCOE, founded in 2002, is a micro nonprofit in the Community Improvement sector that reported $40K in total revenue in fiscal year 2023. Revenue surged 67% from the prior year, signaling strong growth momentum. Expenses of $71K exceeded revenue, resulting in a 77% operating deficit.

Mission

TO PROMOTE PHILANTHROPIC AND INTELLECTUAL INTEREST AND THE WELFARE OF THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,320
Program Service Revenue $0
Investment Income $34,328
Other Revenue $1,525
TOTAL REVENUE $40,173

Expense Breakdown

Grants Paid $39,947
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $56,936
Other Expenses $31,177
TOTAL EXPENSES $71,124

Year-over-Year Comparison

2023 2022 Change
Revenue $40,173 $24,049 +0.7%
Expenses $71,124 $37,778 +0.9%
Net Income $-30,951 $-13,729 +1.3%
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
11
Independent Members
11
Employees
N/A
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
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER PARKINSON PRESIDENT 3.00
Officer Director
$0 $0 $0
BETH PERLMUTTER VICE-PRESIDENT 3.00
Officer Director
$0 $0 $0
KATHY SUSSMAN CO-TREASURER 3.00
Officer Director
$0 $0 $0
DIPTI CLARK CO-TREASURER 3.00
Officer Director
$0 $0 $0
MARLA SIMON SECRETARY 3.00
Officer Director
$0 $0 $0
BARBARA LINCOLN DIRECTOR 2.00
Director
$0 $0 $0
RENEE RICHART DIRECTOR 2.00
Director
$0 $0 $0
LIA IMHOFF DIRECTOR 2.00
Director
$0 $0 $0
LISA KRULL DIRECTOR 2.00
Director
$0 $0 $0
ALLISON HARRINGTON DIRECTOR 2.00
Director
$0 $0 $0
ALESIA CHAIKA 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
2025 No data No data No data No data
2024 $40,173 $71,124 $1,263,076 $-30,951
2023 $24,049 $37,778 $1,252,465 $-13,729
2022 $908,701 $54,863 $1,255,604 $853,838
2021 $95,452 $93,533 $530,145 $1,919
2020 $52,952 $56,082 $537,907 $-3,130
2019 $84,196 $69,697 $546,560 $14,499
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