Chicago, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Big Shoulders Fund, founded in 1986, is a mid-sized nonprofit in the Education sector that reported $53.2M in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Net assets of $129.4M represent 29 months of operating reserves.
We provide support to high need schools which provide a quality, values-based education for Chicago and Northwest Indiana's children.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $53,155,887 | $84,776,624 | -0.4% |
| Expenses | $54,884,867 | $75,889,009 | -0.3% |
| Net Income | $-1,728,980 | $8,887,615 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| John Croghan | Vice Chairman | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Kenneth J Velo | Co-Chairman | 25.0 |
Officer
Director
|
$0 | $0 | $0 |
| Kent Dauten | Co-Chairman | 15.0 |
Officer
Director
|
$0 | $0 | $0 |
| Arthur R Velasquez | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Charles K Bobrinskoy | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Cherryl Thomas | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Christine E Kelly | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Christopher Valenti | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Daniel Doherty | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| David Dury | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Dennis Fitzsimons | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Elizabeth Cole | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Gerald Beeson | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Giancarlo Turano | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Gregory Q Brown | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| James A Gordon | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| James Compton | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| James Hoeg | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| John A Canning Jr | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| John Schreiber | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Kimberly Querrey | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Larry Richman | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Lee Henderson | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Leigh-Anne Kazma | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Mary Dempsey | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Stephen King | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Tao Huang | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Thomas E Lanctot | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Thomas Reynolds III | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Timothy Sullivan | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| William Devers | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| William T Lynch | Board of Trustees | 1.0 |
Director
|
$0 | $0 | $0 |
| Joshua Hale | President and Chief Executive Officer | 50.0 |
Officer
|
$585,588 | $52,879 | $638,467 |
| Malcolm Douglas | Chief Financial Officer | 50.0 |
Officer
|
$254,776 | $41,651 | $296,427 |
| Amelia Drozda | Chief Advancement & Development Officer | 50.0 |
Key Emp
|
$204,800 | $21,844 | $226,644 |
| Daniel Bennett | Senior Director, Scholarships | 50.0 |
Key Emp
|
$191,377 | $39,202 | $230,579 |
| Rebecca Lindsay-Ryan | Chief Schools Officer | 50.0 |
Key Emp
|
$292,828 | $54,427 | $347,255 |
| Daniel Kozlowski | Managing Director, NWI | 50.0 |
Highest
|
$166,775 | $28,287 | $195,062 |
| Danielle Robinson | Managing Director, School Operations and Patrons Program | 50.0 |
Highest
|
$165,754 | $14,867 | $180,621 |
| Laura Nalley | Senior Director, People and Leadership | 50.0 |
Highest
|
$159,145 | $30,424 | $189,569 |
| Maria Ippolito | Managing Director, School Marketing and Enrollment | 50.0 |
Highest
|
$154,012 | $3,805 | $157,817 |
| Timothy Gallo | Managing Director, Plus Schools and Leadership | 50.0 |
Highest
|
$171,161 | $37,991 | $209,152 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $53,155,887 | $54,884,867 | $152,085,991 | $-1,728,980 |
| 2024 | $84,776,624 | $75,889,009 | $150,134,830 | $8,887,615 |
| 2023 | $65,677,021 | $58,940,127 | $135,423,582 | $6,736,894 |
| 2022 | $62,883,883 | $52,614,506 | $125,993,936 | $10,269,377 |
| 2021 | $61,700,078 | $42,124,358 | $110,535,170 | $19,575,720 |
| 2020 | $31,770,708 | $33,216,976 | $91,302,966 | $-1,446,268 |
| 2019 | $39,123,383 | $26,421,697 | $89,994,006 | $12,701,686 |
| 2018 | $31,933,425 | $22,166,857 | $79,203,116 | $9,766,568 |
Compare Big Shoulders Fund with other nonprofits in Illinois and across the country.