GOODWILL INDUSTRIES OF NORTHERN IL AND WI STATELINE AREA INC (EIN 362167846) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1936

Legal Domicile

Principal Officer

BENJAMIN BERNSTEN

Phone

8159653795

Tax Period

2023-01-01 to 2023-12-31

GOODWILL INDUSTRIES OF NORTHERN IL AND WI STATELINE AREA INC, founded in 1936, is a mid-sized nonprofit that reported $45.3M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $42.2M left a modest 7% surplus.

Mission

CREATE OPPORTUNITIES FOR PEOPLE WITH BARRIERS THROUGH TRAINING, EMPLOYMENT, AND SUPPORTIVE SERVICES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $17,812,785

Program Service Revenue $27,246,752

Investment Income $177,994

Other Revenue $15,775

TOTAL REVENUE $45,253,306

Expense Breakdown

Grants Paid $723,505

Salaries & Benefits $18,490,867

Fundraising Expenses $94,574

Program Expenses $39,529,888

Other Expenses $23,030,631

TOTAL EXPENSES $42,245,003

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,253,306	$41,103,226	+0.1%
Expenses	$42,245,003	$39,142,588	+0.1%
Net Income	$3,008,303	$1,960,638	+0.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

1234

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

$459,781

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM CORBETT	BOARD CHAIRMAN	2.00	Officer Director	$0	$0	$0
PAULINA SIHAKOM	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
KERRY HILL	TREASURER	2.00	Officer Director	$0	$0	$0
MANDOLYN MACKENZIE	SECRETARY	2.00	Officer Director	$0	$0	$0
MICHAEL LASPARRO	DIRECTOR	2.00	Director	$0	$0	$0
AL SOFTLEY	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS BLACK	DIRECTOR	2.00	Director	$0	$0	$0
MARK HUNTER	DIRECTOR	2.00	Director	$0	$0	$0
MIKE MASTROIANNI	DIRECTOR	2.00	Director	$0	$0	$0
TINA RITTNER	DIRECTOR	2.00	Director	$0	$0	$0
JONATHAN GATES	DIRECTOR	2.00	Director	$0	$0	$0
TIANA MCCALL	DIRECTOR	2.00	Director	$0	$0	$0
JULIO CAPELES	DIRECTOR	2.00	Director	$0	$0	$0
DR ARNOLD ROSS	DIRECTOR	2.00	Director	$0	$0	$0
BENJAMIN BERNSTEN	PRESIDENT	40.00	Officer	$269,808	$23,979	$293,787
JENNIFER CHAPEL	FINANCE DIRECTOR	40.00	Officer	$154,436	$11,558	$165,994
COURTNEY GEIGER	MISSION SERVICES DIRECTOR	40.00	Highest	$136,316	$13,485	$149,801
GINNIE WECKERLY	HR DIRECTOR	40.00	Highest	$125,899	$10,921	$136,820
CRAIG STEEGE	RETAIL DIRECTOR	40.00	Highest	$139,650	$23,082	$162,732

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	No data	No data	No data	No data
2023	$45,253,306	$42,245,003	$36,163,228	$3,008,303
2022	$41,103,226	$39,142,588	$32,716,738	$1,960,638
2021	$38,276,880	$32,588,763	$24,956,445	$5,688,117
2020	$31,448,630	$27,613,809	$18,838,312	$3,834,821
2019	$27,051,715	$26,577,932	$12,991,162	$473,783
2018	$26,218,680	$25,563,442	$12,292,268	$655,238

GOODWILL INDUSTRIES OF NORTHERN IL AND WI STATELINE AREA INC