BELOIT 2020 CORPORATION

EIN: 363691397 501(c)(3) Community Improvement

BELOIT, WI

Total Revenue
$358,017
Total Expenses
$199,701
Total Assets
$3,792,153
Net Assets
$3,290,786
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
WI
Principal Officer
DON O'DAY
Phone
6082890787
Tax Period
2024-01-01 to 2024-12-31

BELOIT 2020 CORPORATION, founded in 1990, is a small nonprofit in the Community Improvement sector that reported $358K in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $158K, a strong 44% operating margin.

Mission

CIVIC IMPROVEMENTS - BELOIT, WI RIVERFRONT, CONFLUENCE, CITY CENTER AND OTHER COMMUNITY PROJECTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $283,487
Program Service Revenue $0
Investment Income $74,530
Other Revenue $0
TOTAL REVENUE $358,017

Expense Breakdown

Grants Paid $67,507
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $92,450
Other Expenses $132,194
TOTAL EXPENSES $199,701

Year-over-Year Comparison

2024 2023 Change
Revenue $358,017 $230,933 +0.6%
Expenses $199,701 $213,154 -0.1%
Net Income $158,316 $17,779 +7.9%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
7

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
5
$0
Total Directors
18
$48,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KERRY FRANK CEO 30.00
Director
$48,000 $0 $48,000
BRAD AUSTIN DIRECTOR N/A
Director
$0 $0 $0
GERRY BEHAN PAST PRESIDE N/A
Officer Director
$0 $0 $0
ERIC BOYNTONE DIRECTOR N/A
Director
$0 $0 $0
ZACH BROCKMAN DIRECTOR N/A
Director
$0 $0 $0
GUY BUCCIFFERO DIRECTOR N/A
Director
$0 $0 $0
JARON COMBS DIRECTOR N/A
Director
$0 $0 $0
STEVE ELDRED DIRECTOR N/A
Director
$0 $0 $0
JOHN FRANKS DIRECTOR N/A
Director
$0 $0 $0
ROB GERBITZ DIRECTOR N/A
Director
$0 $0 $0
DIANE HENDRICKS DIRECTOR N/A
Director
$0 $0 $0
KEVIN KING DIRECTOR N/A
Director
$0 $0 $0
MIKE MARQUETTE DIRECTOR N/A
Director
$0 $0 $0
FRANK MCKEARN SECRETARY N/A
Officer Director
$0 $0 $0
TIM MCKEVETT DIRECTOR N/A
Director
$0 $0 $0
GARY MEIER TREASURER 3.00
Officer Director
$0 $0 $0
JOE STADELMAN DIRECTOR N/A
Director
$0 $0 $0
GEORGE WHITTIER PRESIDENT TH 3.00
Officer Director
$0 $0 $0
DON O'DAY PRESIDENT EF 0.00
Officer
$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
2024 $358,017 $199,701 $3,792,153 $158,316
2023 $230,933 $213,154 $3,050,150 $17,779
2022 $244,538 $212,480 $2,930,127 $32,058
2021 $236,460 $230,987 $3,327,926 $5,473
2020 $124,662 $353,510 $3,114,723 $-228,848
2019 $484,116 $213,959 $3,091,765 $270,157
2018 $229,552 $637,262 $2,589,658 $-407,710
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