CANTICLE PLACE INC (EIN 363957850) - Form 990 Financial Analysis & Trantor Score

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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

1994

Legal Domicile

Principal Officer

MARK ANGELINI

Phone

3038303300

Tax Period

2024-01-01 to 2024-12-31

CANTICLE PLACE INC, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $152K in total revenue in fiscal year 2024. Expenses of $221K exceeded revenue, resulting in a 45% operating deficit.

Mission

CANTICLE PLACE, INC. IS A NON-PROFIT ORGANIZATION FORMED ON MARCH 2, 1994 IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF ILLINOIS FOR THE PURPOSE OF PROVIDING HOUSING AND RELATED SERVICES FOR VERY LOW-INCOME, DISABLED PERSONS WITH HIV, WITH A PREFERENCE FOR PERSONS WITH AIDS, IN WHEATON, ILLINOIS WITH HOUSING ASSISTANCE AND GRANTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $104,565

Program Service Revenue $44,556

Investment Income $2,779

Other Revenue $151

TOTAL REVENUE $152,051

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $199,840

Other Expenses $221,182

TOTAL EXPENSES $221,182

Year-over-Year Comparison

	2024	2023	Change
Revenue	$152,051	$147,043	+0.0%
Expenses	$221,182	$203,225	+0.1%
Net Income	$-69,131	$-56,182	+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

N/A

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

$1,622,408

Total Directors

$746,604

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE ROSENBLUM	SECRETARY/DIRECTOR	0.10	Officer Director	$0	$10,382	$242,964
KASSIDI BOENING	VICE PRESIDENT/DIRECTOR	0.10	Officer Director	$0	$31,209	$195,151
MELISSA CLAYTON	VICE PRESIDENT/DIRECTOR	0.10	Officer Director	$0	$35,478	$308,489
CHAD PAYNE	TREASURER	0.10	Officer	$0	$9,965	$211,480
EDGAR FLAGG III	VICE PRESIDENT	0.10	Officer	$0	$28,195	$216,513
FATMAH FARRAJ	VICE PRESIDENT	0.10	Officer	$0	$12,126	$183,363
MARK ANGELINI	PRESIDENT	0.10	Officer	$0	$12,045	$264,448

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	$152,051	$221,182	$1,432,807	$-69,131
2023	$147,043	$203,225	$1,503,395	$-56,182
2022	$147,495	$208,780	$1,561,581	$-61,285
2021	$147,819	$222,053	$1,623,741	$-74,234
2020	$147,408	$203,845	$1,690,308	$-56,437
2019	$144,620	$205,005	$1,741,361	$-60,385
2018	$137,465	$232,980	$1,811,522	$-95,515

CANTICLE PLACE INC