WAUKEGAN, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INDEPENDENCE CENTER INC, founded in 1987, is a community nonprofit in the Unknown sector that reported $2.3M in total revenue in fiscal year 2023. Expenses of $2.6M exceeded revenue, resulting in a 13% operating deficit.
THE MISSION OF INDEPENDENCE CENTER IS TO ENHANCE THE QUALITY OF LIFE, TO PROMOTE INDEPENDENT FUNCTIONING, AND TO FACILITATE PERSONAL GROWTH FOR ADULTS WITH A HISTORY OF MENTAL ILLNESS. TO ACHIEVE THIS, INDEPENDENCE CENTER PROVIDES ONGOING SOCIAL, EDUCATIONAL, VOCATIONAL, AND HOUSING OPPORTUNITIES.
LIVING ROOM: THE LIVING ROOM WELLNESS CENTER AT THE INDEPENDENCE CENTER PROVIDES A SAFE COMFORTABLE, INVITING ENVIRONMENT WHERE SKILLED CERTIFIED RECOVERY SUPPORT SPECIALISTS (CRSS) PROVIDE CRISIS...
LIVING ROOM: THE LIVING ROOM WELLNESS CENTER AT THE INDEPENDENCE CENTER PROVIDES A SAFE COMFORTABLE, INVITING ENVIRONMENT WHERE SKILLED CERTIFIED RECOVERY SUPPORT SPECIALISTS (CRSS) PROVIDE CRISIS INTERVENTION REFERRALS AND OTHER NEEDED SERVICES FOR GUESTS EXPERIENCING A CRISIS. THE LIVING ROOM IS AN ALTERNATIVE TO THE EMERGENCY ROOM FOR GUESTS WITH INCREASED SYMPTOMS OR NEAR A CRISIS. THE PURPOSE IS TO: - OFFER A SAFE AND POSITIVE ENVIRONMENT WHERE GUESTS CAN GO TO FOR SUPPORT AND COMFORT. - ASSIST GUESTS WITH DEVELOPING THEIR COPING SKILLS FOR ENHANCED INTERPERSONAL AND SOCIAL SKILLS. - HELP GUESTS MAKE MEANINGFUL CHANGES IN THEIR LIVES. - SUPPORT GUESTS AS THEY SEEK TO DEVELOP AND MAINTAIN A MODERATE LIVING LIFESTYLE.
SUPPORTED LIVING: INDEPENDENCE CENTER ESTABLISHED ITS FIRST SUPPORTED HOUSING COMPLEX IN 1999 THROUGH THE ILLINOIS HOUSING DEVELOPMENT AUTHORITY (IHDA). THE ELIZA T. DAVIES BUILDING WAS CONSTRUCTED...
SUPPORTED LIVING: INDEPENDENCE CENTER ESTABLISHED ITS FIRST SUPPORTED HOUSING COMPLEX IN 1999 THROUGH THE ILLINOIS HOUSING DEVELOPMENT AUTHORITY (IHDA). THE ELIZA T. DAVIES BUILDING WAS CONSTRUCTED FROM THE GROUND UP AND ACCOMMODATED 19 RESIDENTS. SINCE THEN, INDEPENDENCE CENTER HAS EXPANDED ITS HOUSING PROGRAM WITH A MIXTURE OF FUNDING FROM IHDA AND THE DEPARTMENT OF HOUSING & URBAN DEVELOPMENT (HUD), THE LATTER OF WHICH BEGAN FUNDING IN 2002. THE HOUSING DEPARTMENT CURRENTLY HAS THE CAPACITY TO HOUSE UP TO 45 MEMBERS IN OUR FOUR HOUSING FACILITIES AT ANY GIVEN TIME. WE MAINTAIN/MANAGE FIVE LOCAL HOUSING DEVELOPMENTS, PROVIDING HOUSING WITH 24-HOUR CRISIS RESPONSE AND ON-SITE CASE MANAGEMENT. WE ARE ALSO DEDICATED TO OUR RELATIONSHIPS WITH LOCAL HOUSING AUTHORITIES AND PROVIDERS, WHICH OFFER ADDITIONAL HOUSING OPTIONS. WE COACH MEMBERS TO UNDERSTAND HOUSING RESPONSIBILITIES WHICH INCLUDES BUDGET MANAGEMENT.
ADULT OUTPATIENT SERVICES: PROVIDES INDIVIDUAL AND GROUP COUNSELING/THERAPY INCLUDING DIALECTICAL BEHAVIORAL THERAPY, MENTAL ILLNESS/SUBSTANCE ABUSE THERAPY (MISA), RELAXATION AND COPING SKILLS...
ADULT OUTPATIENT SERVICES: PROVIDES INDIVIDUAL AND GROUP COUNSELING/THERAPY INCLUDING DIALECTICAL BEHAVIORAL THERAPY, MENTAL ILLNESS/SUBSTANCE ABUSE THERAPY (MISA), RELAXATION AND COPING SKILLS, SYMPTOM AND MEDICATION MANAGEMENT, WELLNESS RECOVERY ACTION PLANNING (WRAP) AND OTHER WELLNESS/LIFESTYLE ASSISTANCE FOR EVERYDAY FUNCTIONALITY.
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 | $2,285,944 | $2,330,089 | 0.0% |
| Expenses | $2,579,963 | $2,501,215 | +0.0% |
| Net Income | $-294,019 | $-171,126 | +0.7% |
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 |
|---|---|---|---|---|---|---|
| CARLA WYCKOFF | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| THERESA GARWOOD-GRAHAM | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN BERRILL | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STELLA DAY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL MINGER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARTHA PADILLA-RAMOS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL ROACH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| OTELIA SCHWARTZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA JOHNSON | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$118,629 | $16,683 | $135,312 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,285,944 | $2,579,963 | $2,597,230 | $-294,019 |
| 2023 | $2,330,089 | $2,501,215 | $2,945,718 | $-171,126 |
| 2022 | $2,714,970 | $2,388,754 | $3,192,506 | $326,216 |
| 2021 | $1,608,075 | $1,924,099 | $3,358,414 | $-316,024 |
| 2020 | $1,385,618 | $1,750,213 | $3,469,735 | $-364,595 |
| 2019 | $1,474,685 | $1,628,898 | $3,587,781 | $-154,213 |
| 2018 | $1,524,181 | $1,622,744 | $3,800,853 | $-98,563 |
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