DESPLAINES RIVER VALLEY ENTERPRISE… - Form 990 Financial Data

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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

1983

Legal Domicile

Principal Officer

DAWN CALDWELL

Phone

8157404780

Tax Period

2019-07-01 to 2020-06-30

DESPLAINES RIVER VALLEY ENTERPRISE ZONE, founded in 1983, is a micro nonprofit that reported $28K in total revenue in fiscal year 2019. Expenses of $138K exceeded revenue, resulting in a 386% operating deficit.

Mission

INCUBATOR PROGRAM FOR THE PROMOTION OF SMALL BUSINESSES IN THE DESPLAINES RIVER VALLEY ENTERPRISE ZONE. FUNDS ARE LOANED AT LOW RATES OF INTEREST.

Program Service Accomplishments

Program 1

Expenses: $115,000

INCUBATOR PROGRAM FOR THE PROMOTION OF SMALL BUSINESSES IN THE DESPLAINES RIVER VALLEY ENTERPRISE ZONE. FUNDS ARE LOANED AT LOW RATES OF INTEREST.

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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 (2019)

Revenue Breakdown

Contributions & Grants $25,375

Program Service Revenue $0

Investment Income $3,018

Other Revenue $0

TOTAL REVENUE $28,393

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $115,000

Other Expenses $138,042

TOTAL EXPENSES $138,042

Year-over-Year Comparison

	2019	2018	Change
Revenue	$28,393	$29,716	0.0%
Expenses	$138,042	$121,451	+0.1%
Net Income	$-109,649	$-91,735	+0.2%

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
MAYOR ROBERT O'DEKIRK	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
DAVID NELSON	SECRETARY	1.00	Officer Director	$0	$0	$0
DAWN CALDWELL	ZONE ADMISTRATOR & TREASURER	1.00	Officer Director	$0	$0	$0
STEVEN STREIT	BOARD MEMBER	1.00	Director	$0	$0	$0
SAM WYKE	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN NOAK	CHAIR	1.00	Director	$0	$0	$0
TOM ANZELC	BOARD MEMBER	1.00	Director	$0	$0	$0
BEN BENSON	BOARD MEMBER	1.00	Director	$0	$0	$0
LARRY WALSH	BOARD MEMBER	1.00	Director	$0	$0	$0
NICK PALMER	BOARD MEMBER	1.00	Director	$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
2020	$28,393	$138,042	$278,245	$-109,649
2019	$29,716	$121,451	$387,894	$-91,735

DESPLAINES RIVER VALLEY ENTERPRISE ZONE