NORTHWESTERN IL AREA AGENCY ON AGING (EIN 362742719) - 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

1972

Legal Domicile

Principal Officer

JEFF BARNES

Phone

8152264901

Tax Period

2023-10-01 to 2024-09-30

NORTHWESTERN IL AREA AGENCY ON AGING, founded in 1972, is a community nonprofit that reported $9.3M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

TO ENABLE OLDER PERSONS TO LIVE IN DIGNITY AND INDEPENDENCE.

🔒

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 $9,275,258

Program Service Revenue $0

Investment Income $29,841

Other Revenue $0

TOTAL REVENUE $9,305,099

Expense Breakdown

Grants Paid $8,210,345

Salaries & Benefits $604,632

Fundraising Expenses $0

Program Expenses $8,708,984

Other Expenses $487,025

TOTAL EXPENSES $9,302,002

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,305,099	$10,133,617	-0.1%
Expenses	$9,302,002	$10,063,799	-0.1%
Net Income	$3,097	$69,818	-1.0%

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

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

$236,049

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELAINE M SHARPE	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL SHORE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFF HENDERSON	TREASURER	1.00	Officer Director	$0	$0	$0
CAROL KLINT	BOARD MEMBER	1.00	Director	$0	$0	$0
WENDY LARSON BENNET	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF SALISBURY	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDA NIEMIEC	BOARD MEMBER	1.00	Director	$0	$0	$0
ALYSON BROMAN CONN	BOARD MEMBER	1.00	Director	$0	$0	$0
YOHANES HONU	BOARD MEMBER	1.00	Director	$0	$0	$0
GRANT NYHAMMER	EXECUTIVE DIRECTOR	37.50	Officer	$133,586	$6,379	$139,965
LEISA NAFF	DEPUTY DIRECTOR	37.50	Officer	$91,794	$4,290	$96,084

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	$9,305,099	$9,302,002	$2,067,426	$3,097
2023	$10,133,617	$10,063,799	$1,964,284	$69,818
2022	$8,602,840	$8,570,008	$2,892,946	$32,832
2021	$8,905,917	$8,917,745	$1,728,698	$-11,828
2020	$6,539,833	$6,545,946	$1,014,513	$-6,113
2019	$5,961,754	$5,964,913	$1,274,694	$-3,159
2018	$5,959,600	$5,935,520	$1,180,301	$24,080

NORTHWESTERN IL AREA AGENCY ON AGING