WESTERN ILLINOIS AREA AGENCY ON AGING (EIN 362801332) - 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

1974

Legal Domicile

Principal Officer

GARY WHITCOMB

Phone

3097936800

Tax Period

2023-10-01 to 2024-09-30

WESTERN ILLINOIS AREA AGENCY ON AGING, founded in 1974, is a community nonprofit in the Human Services sector that reported $8.5M in total revenue in fiscal year 2023.

Mission

TO ENSURE COORDINATED, ACCESSIBLE SERVICES FOR OLDER PERSONS TO LIVE INDEPENDENT, MEANINGFUL AND DIGNIFIED LIVES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $8,529,868

Program Service Revenue $0

Investment Income $19,725

Other Revenue $0

TOTAL REVENUE $8,549,593

Expense Breakdown

Grants Paid $7,511,083

Salaries & Benefits $703,075

Fundraising Expenses $0

Program Expenses $7,626,676

Other Expenses $309,208

TOTAL EXPENSES $8,523,366

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,549,593	$8,319,551	+0.0%
Expenses	$8,523,366	$8,250,183	+0.0%
Net Income	$26,227	$69,368	-0.6%

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

$216,111

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINA BUCKROP	DIRECTOR	1.00	Director	$0	$0	$0
PHILLIP EULER	DIRECTOR	1.00	Director	$0	$0	$0
MELVIN GRIMES	DIRECTOR	1.00	Director	$0	$0	$0
ADRIAN HENRY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN KOEHLER	DIRECTOR	1.00	Director	$0	$0	$0
AL KULCZEWSKI	DIRECTOR	1.00	Director	$0	$0	$0
LEO MCCAULEY	DIRECTOR	1.00	Director	$0	$0	$0
LARRY MOORE	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK NELSON	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
SANDY PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
GARY WHITCOMB	PRESIDENT	1.00	Officer Director	$0	$0	$0
VERONA WHITMORE	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JENNIFER FOSTER	DIRECTOR	1.00	Director	$0	$0	$0
TRACY WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
LACEY MATKOVIC	EXECUTIVE DIRECTOR	40.00	Officer	$124,749	$350	$125,099
TONY VERMAZEN	FISCAL MANAGER	40.00	Officer	$77,253	$13,759	$91,012

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	$8,549,593	$8,523,366	$2,633,485	$26,227
2023	$8,319,551	$8,250,183	$2,753,399	$69,368
2022	$7,242,971	$7,161,413	$2,462,841	$81,558
2021	$6,300,797	$6,292,696	$2,579,720	$8,101
2020	$6,433,450	$6,421,600	$2,460,881	$11,850
2019	$5,082,018	$5,059,571	$1,268,486	$22,447
2018	$4,950,604	$4,902,196	$1,408,586	$48,408

WESTERN ILLINOIS AREA AGENCY ON AGING