ROCKFORD LIVE AND LET LIVE SOCIETY (EIN 361396730) - Form 990 Financial Analysis & Trantor Score

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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

1908

Legal Domicile

Principal Officer

WILL BOGUSIEWICZ

Phone

8159652652

Tax Period

2024-01-01 to 2024-12-31

ROCKFORD LIVE AND LET LIVE SOCIETY, founded in 1908, is a small nonprofit that reported $338K in total revenue in fiscal year 2024. Expenses of $306K left a modest 9% surplus.

Mission

ORGANIZATION PROMOTES GOOD FELLOWSHIP, SOCIAL RELATIONSHIPS, AND THE EDUCATIONAL, SOCIAL, CHARITABLE, & CIVIC ADVANCEMENT OF ITS MEMBERS.

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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 $0

Program Service Revenue $42,677

Investment Income $83

Other Revenue $295,170

TOTAL REVENUE $337,930

Expense Breakdown

Grants Paid $8,150

Salaries & Benefits $113,665

Fundraising Expenses $0

Other Expenses $184,229

TOTAL EXPENSES $306,044

Year-over-Year Comparison

	2024	2023	Change
Revenue	$337,930	$341,102	0.0%
Expenses	$306,044	$317,162	0.0%
Net Income	$31,886	$23,940	+0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL RAY	PRESIDENT	2.00	Officer Director	$0	$0	$0
BRETT WALLACE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
WILL BOGUSIEWICZ	TREASURER	2.00	Officer Director	$0	$0	$0
KEVIN HORSTMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
SCOTT MISHMASH	CHAIRMAN	1.00	Director	$0	$0	$0
JOE DUNKER	DIRECTOR	1.00	Director	$0	$0	$0
ALEX HAFFENDEN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MCCOLLUM	DIRECTOR	1.00	Director	$0	$0	$0
RICH VERUCHI	DIRECTOR	1.00	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	$337,930	$306,044	$1,388,869	$31,886
2023	$341,102	$317,162	$1,369,374	$23,940
2022	$323,372	$292,624	$1,354,095	$30,748
2021	$336,454	$242,817	$1,332,873	$93,637
2020	$139,925	$181,303	$1,246,218	$-41,378
2019	$331,821	$282,590	$1,301,363	$49,231
2018	$307,982	$274,104	$1,080,784	$33,878

ROCKFORD LIVE AND LET LIVE SOCIETY