Rockford, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WILLOWS COTTAGES, founded in 1989, is a mid-sized nonprofit in the Human Services sector that reported $14.4M in total revenue in fiscal year 2023.
Willows Cottages provides housing and services for senior citizens with a policy to maintain residents that become unable to pay. Willows Cottages' stated purposes include promoting christian principles for the development and improvement of persons retirement age, and inspiring seniors to celebrate life.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $14,392,727 | $13,835,787 | +0.0% |
| Expenses | $14,458,438 | $12,286,582 | +0.2% |
| Net Income | $-65,711 | $1,549,205 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| Frances Salinas | President & CEO | 0 |
Officer
Key Emp
Highest
|
$0 | $28,434 | $433,557 |
| William Pratt | CEO - Outgoing | 0 |
Key Emp
|
$0 | $17,025 | $373,199 |
| Brett Nelson | Chief Financial Officer | 0 |
Key Emp
|
$0 | $16,798 | $203,692 |
| Helen Dittmer | Chief Clinical Officer | 0 |
Key Emp
|
$0 | $17,898 | $202,407 |
| Joe Scandroli | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Joe Clinton | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Dennis Roop | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| David Schmitt | Vice-Chair | 0 |
Officer
Director
|
$0 | $0 | $0 |
| Denise Popp | Chairperson of the Board | 0 |
Officer
Director
|
$0 | $0 | $0 |
| Jack Croffoot | Secretary | 0 |
Officer
Director
|
$0 | $0 | $0 |
| Don Williams | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Joseph Garry | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Mark McClenathan | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Tammy Zurfluh | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Samuel Schmitz | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $14,392,727 | $14,458,438 | $113,302,867 | $-65,711 |
| 2023 | $13,835,787 | $12,286,582 | $113,006,905 | $1,549,205 |
| 2022 | $14,119,773 | $12,106,188 | $113,389,693 | $2,013,585 |
| 2021 | $13,196,494 | $12,218,707 | $119,406,443 | $977,787 |
| 2020 | $12,512,196 | $12,135,241 | $116,663,951 | $376,955 |
| 2019 | $11,926,471 | $12,121,161 | $117,346,428 | $-194,690 |
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