GLENWOOD WEST

EIN: 364062738 501(c)(3)

GLENWOOD, IL

Total Revenue
N/A
Total Expenses
$339,534
Total Assets
N/A
Net Assets
N/A
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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
IL
Principal Officer
MARY HOLLIE
Phone
7087565430
Tax Period
2018-09-01 to 2019-08-31

Mission

GLENWOOD SCHOOL NURTURES AND EDUCATES AT RISK CHILDREN BY INSPIRING EXCELLENCE, BUILDING CHARACTER, AND STRENGTHENING COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $339,534

THE ORGANIZATION CLOSED ITS SCHOOL DURING FISCAL YEAR 2014. THE ORGANIZATION'S PROPERTY HAS SOLD AND CURRENTLY SUPPORTS GLENWOOD ACADEMY, A RELATED ENTITY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,167
Fundraising Expenses $0
Program Expenses $339,534
Other Expenses $284,367
TOTAL EXPENSES $339,534

Year-over-Year Comparison

2018 2017 Change
Revenue N/A $95,000 -1.0%
Expenses $339,534 $420,660 -0.2%
Net Income N/A $-325,660 N/A
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

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Governance

Voting Members
24
Independent Members
23
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
8
$368,302
Total Directors
25
$368,302
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY HOLLIE PRESIDENT & CEO 1.00
Officer Director
$0 $18,000 $368,302
NORMAN H WESLEY CHAIRMAN 1.00
Officer Director
$0 $0 $0
S BIFF BOMAN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
BORIS ELISMAN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
PATRICK FLINN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
HARRY HOSTETLER VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
PAMELA D LAWLOR VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
MARK T WIGHT VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
JULIE BADEL BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW S DARNALL BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT J DARNALL BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY DI TOMMASO BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN D DUFF BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE J HICKAMN BOARD MEMBER 1.00
Director
$0 $0 $0
BLANCHE E HILL BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL T LYON BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER C MCMAHON BOARD MEMBER 1.00
Director
$0 $0 $0
HELMUT MLAKAR BOARD MEMBER 1.00
Director
$0 $0 $0
PERRY R PERO BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES S WALLS BOARD MEMBER 1.00
Director
$0 $0 $0
CRAIG STERN BOARD MEMBER 1.00
Director
$0 $0 $0
NEAL KITCHELL BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN CAHOON BOARD MEMBER 1.00
Director
$0 $0 $0
JAN THRALL BOARD MEMBER 1.00
Director
$0 $0 $0
KURT A GABOUER TREASURER 1.00
Director
$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
2019 No data $339,534 No data No data
2018 $95,000 $420,660 No data $-325,660
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