Ravenswood Community Council

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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

1963

Legal Domicile

Principal Officer

Gene Wagendorf

Phone

7739752088

Tax Period

2024-01-01 to 2024-12-31

Ravenswood Community Council, founded in 1963, is a micro nonprofit in the Crime & Legal sector that reported $6 in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $6K exceeded revenue, resulting in a 98500% operating deficit.

Mission

Ravenswood Community Council is one of the first urban conservation commissions in Chicago.They focus their efforts on programs and partnerships that are designed to improve life for the entire community. They do this by advocating on important local issues like property tax reform, mass transit, crime prevention, social service and business retention. Building a stronger Ravenswood Community

Program Service Accomplishments

Program 1

Expenses: $3,000

Donated funds received in support of community. Programs that are designed to improve life for the entire community. They do this by advocating on important local issues like property tax reform...

Donated funds received in support of community. Programs that are designed to improve life for the entire community. They do this by advocating on important local issues like property tax reform, mass transit, crime prevention, social service and business retention. Building a stronger Ravenswood 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $6

Other Revenue $0

TOTAL REVENUE $6

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,000

Other Expenses $5,916

TOTAL EXPENSES $5,916

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6	$7	-0.1%
Expenses	$5,916	$1,259	+3.7%
Net Income	$-5,910	$-1,252	+3.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elizabeth Fiersten	Director	2.00	Director	$0	$0	$0
Darshita Jain	Director	2.00	Director	$0	$0	$0
Kate Gronstal	Director	2.00	Director	$0	$0	$0
Sidonie Gaude	President	2.00	Officer	$0	$0	$0
Laura Kinter	Vice President	2.00	Officer	$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	$6	$5,916	$37,239	$-5,910
2023	$7	$1,259	$43,148	$-1,252
2021	No data	$1,282	$45,469	No data
2020	$26,861	$1,000	$46,746	$25,861
2019	$661	$3,681	$20,885	$-3,020
2018	$227,574	$223,525	$31,962	$4,049