VILLAGE OF PROGRESS INC (EIN 362919569) - 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

1969

Legal Domicile

Principal Officer

ANGELA MARTIN-BAKENER

Phone

8157322126

Tax Period

2024-07-01 to 2025-06-30

VILLAGE OF PROGRESS INC, founded in 1969, is a community nonprofit in the Human Services sector that reported $2.9M in total revenue in fiscal year 2024.

Mission

ASSIST OGLE COUNTY ADULTS WITH DISABILITIES TO REACH THEIR POTENTIAL IN ALL ENVIRONMENTS.

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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 $816,507

Program Service Revenue $1,607,370

Investment Income $52,715

Other Revenue $407,665

TOTAL REVENUE $2,884,257

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,211,273

Fundraising Expenses $36,886

Program Expenses $2,644,037

Other Expenses $659,032

TOTAL EXPENSES $2,870,305

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,884,257	$2,722,121	+0.1%
Expenses	$2,870,305	$3,586,887	-0.2%
Net Income	$13,952	$-864,766	-1.0%

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

139

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

$231,478

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF GLEN	PRESIDENT	2.00	Officer Director	$0	$0	$0
APRIL GLOSSER	PRESIDENT	2.00	Officer Director	$0	$0	$0
BILL LINDENMIER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JAMIE STEWART	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DIRK MEMINGER	TREASURER	2.00	Officer Director	$0	$0	$0
TOM CHAMPLEY	SECRETARY	2.00	Officer Director	$0	$0	$0
KRISTY ECKARDT	DIRECTOR	2.00	Director	$0	$0	$0
DON ETNYRE	DIRECTOR	2.00	Director	$0	$0	$0
GARY FERB	DIRECTOR	2.00	Director	$0	$0	$0
MERLIN HAGEMANN	DIRECTOR	2.00	Director	$0	$0	$0
JULIE MANN	DIRECTOR	2.00	Director	$0	$0	$0
BILL TALLYN	DIRECTOR	2.00	Director	$0	$0	$0
MARK TREMBLE	DIRECTOR	2.00	Director	$0	$0	$0
LINDA WILLS	DIRECTOR	2.00	Director	$0	$0	$0
BRION BROOKS	EXECUTIVE DIRECTOR	40.00	Officer	$110,873	$27,407	$138,280
DAVE BAKENER	ACCOUNTANT	40.00	Officer	$89,183	$4,015	$93,198

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
2025	$2,884,257	$2,870,305	$2,741,433	$13,952
2024	No data	No data	No data	No data
2023	$3,465,953	$2,842,562	$3,456,659	$623,391
2022	$3,235,917	$2,871,666	$2,835,573	$364,251
2021	$2,914,812	$2,571,786	$3,002,108	$343,026
2020	$2,912,152	$3,184,911	$2,813,107	$-272,759
2019	$3,059,974	$3,117,345	$2,433,424	$-57,371
2018	$2,794,568	$2,978,114	$2,510,314	$-183,546

VILLAGE OF PROGRESS INC