THE JOSEPH CENTER

EIN: 364175789 501(c)(3) Recreation & Sports

FOREST PARK, IL

Total Revenue
$4,258,021
Total Expenses
$4,223,460
Total Assets
$1,911,726
Net Assets
$1,628,514
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
IL
Principal Officer
DELORIS THOMAS
Phone
7086976200
Tax Period
2023-01-01 to 2023-12-31

THE JOSEPH CENTER, founded in 1997, is a community nonprofit in the Recreation & Sports sector that reported $4.3M in total revenue in fiscal year 2023.

Mission

TO TEACH NEW ENTREPRENEURS THE DETAILS OF STARTING AND MANAGING A SUCCESSFUL BUSINESS.

Program Service Accomplishments

Program 1
Expenses: $1,215,620 Revenue: $10,483

BUSINESS & PROFESSIONAL DEVELOPMENT: THE JOSEPH CENTER FOR BUSINESS DEVELOPMENT (JCBD) OFFERS A FULL RANGE OF PROGRAMS AND SERVICES DESIGNED TO TRAIN, NURTURE, AND SUPPORT ENTREPRENEURS IN STARTING...

Read more

BUSINESS & PROFESSIONAL DEVELOPMENT: THE JOSEPH CENTER FOR BUSINESS DEVELOPMENT (JCBD) OFFERS A FULL RANGE OF PROGRAMS AND SERVICES DESIGNED TO TRAIN, NURTURE, AND SUPPORT ENTREPRENEURS IN STARTING AND RUNNING A SUCCESSFUL BUSINESS, AS WELL AS WORKERS AND PROFESSIONALS WHO ARE THE ENGINE OF THE ECONOMY. JCBD ENCOMPASSES THREE MAJOR PROGRAMS. 1. BUSINESS DEVELOPMENT PROGRAM, WHICH PROVIDES WORKSHOPS AND COURSES IN AREAS SUCH AS BUSINESS START-UP AND PLANNING, FINANCING, AND INTELLECTUAL PROPERTY, TO DEVELOP KNOWLEDGE AND UNDERSTANDING IN ORDER TO MORE EFFECTIVELY MANAGE/OPERATE THEIR BUSINESSES. 2. CONTINUING EDUCATION & PROFESSIONAL DEVELOPMENT (CEPD) WHICH OFFERS TECHNOLOGY TRAINING, CAREER DEVELOPMENT COURSES AND GENERAL EDUCATION DEVELOPMENT (GED) COURSES, ALL DESIGNED TO ASSIST ADULTS IN ACQUIRING SKILLS NECESSARY FOR CAREER ADVANCEMENT, BETTER PAYING JOBS, ETC. CEPD ALSO HOSTS AN ANNUAL JOB FAIR THAT PROVIDES OPPORTUNITIES FOR UP TO 1,000 ATTENDEES. 3. ILLINOIS SMALL BUSINESS DEVELOPMENT CENTER (SBDC) AT THE JOSEPH CENTER, WHICH IS FUNDED BY THE SBA AND PROVIDES BUSINESS CONSULTING, NETWORKING OPPORTUNITIES AND TRAINING PROGRAMS TO ASSIST ENTREPRENEURS IN IMPROVING BUSINESS PERFORMANCE, PRODUCTIVITY AND PROFITABILITY.

Program 2
Expenses: $1,547,522 Revenue: $849,935

ENTREPRENEURSHIP PROGRAM: THE JOSEPH BUSINESS SCHOOL (JBS) IS A WORLD-CLASS INSTITUTION THAT EQUIPS ENTREPRENEURS AND INDIVIDUALS USING PRACTICAL AND BIBLICAL PRINCIPLES TO RAISE UP COMPANIES AND...

Read more

ENTREPRENEURSHIP PROGRAM: THE JOSEPH BUSINESS SCHOOL (JBS) IS A WORLD-CLASS INSTITUTION THAT EQUIPS ENTREPRENEURS AND INDIVIDUALS USING PRACTICAL AND BIBLICAL PRINCIPLES TO RAISE UP COMPANIES AND CREATE WEALTH TO TRANSFORM DESOLATE PLACES INTO FLOURISHING COMMUNITIES FOR THE GLORY OF GOD. JBS HAS A PERMIT OF APPROVAL BY THE STATE OF ILLINOIS, ILLINOIS BOARD OF HIGHER EDUCATION PRIVATE BUSINESS & VOCATIONAL DIVISION AND IS ACCREDITED BY THE NATIONALLY RECOGNIZED ACCREDITING COUNCIL FOR CONTINUING EDUCATION AND TRAINING (ACCET). 107 STUDENTS WERE COMPLETERS IN THE TWO, 2023 4-MONTH COHORTS ON THE CHICAGO CAMPUS IN A LIVE IN-PERSON AND LIVE INTERACTIVE WEB-BASED FEED OF EACH SATURDAY SESSION. 169 STUDENTS WERE COMPLETERS IN THE TWO, 2023 4-MONTH COHORTS ONLINE MODALITY WHERE STUDENTS HAVE ACCESS TO THE ONLINE LEARNING ENVIRONMENT 24 HOURS A DAY, 7 DAYS A WEEK

Program 3
Expenses: $856,723 Revenue: $24,809

BUSINESS INCUBATOR & OTHER: THE JOSEPH CENTER HAS A BUSINESS OFFICE CENTER TO PROVIDE SUBSTANTIALLY BELOW COST AND PROFESSIONAL BUSINESS OFFICES, A CONFERENCE CENTER AND ADMINISTRATIVE SUPPORT FOR...

Read more

BUSINESS INCUBATOR & OTHER: THE JOSEPH CENTER HAS A BUSINESS OFFICE CENTER TO PROVIDE SUBSTANTIALLY BELOW COST AND PROFESSIONAL BUSINESS OFFICES, A CONFERENCE CENTER AND ADMINISTRATIVE SUPPORT FOR START-UP BUSINESSES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,369,124
Program Service Revenue $887,364
Investment Income $670
Other Revenue $863
TOTAL REVENUE $4,258,021

Expense Breakdown

Grants Paid $667,185
Salaries & Benefits $2,049,632
Fundraising Expenses $0
Program Expenses $3,619,865
Other Expenses $1,506,643
TOTAL EXPENSES $4,223,460

Year-over-Year Comparison

2023 2022 Change
Revenue $4,258,021 $3,950,516 +0.1%
Expenses $4,223,460 $2,970,738 +0.4%
Net Income $34,561 $979,778 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
4
Employees
23
Volunteers
50

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
4
$228,717
Total Directors
5
$228,717
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DELORIS THOMAS DIRECTOR/PRESIDENT 40.00
Officer Director
$194,387 $34,330 $228,717
WILLIAM WINSTON DIRECTOR/CHAIR 8.00
Officer Director
$0 $0 $0
BELINDA WHITFIELD DIRECTOR/SECRETARY & TREASURER 5.00
Officer Director
$0 $0 $0
JAY PLOURDE DIRECTOR 5.00
Director
$0 $0 $0
WILLIAM WALTON DIRECTOR 5.00
Director
$0 $0 $0
ERNEST BAKER DIRECTOR OF FINANCE 5.00
Officer
$0 $0 $0
MELISSA DUFF BROWN DIRECTOR OF BUSINESS SERVICES 40.00
Highest
$109,600 $17,277 $126,877
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 No data No data No data No data
2023 $4,258,021 $4,223,460 $1,911,726 $34,561
2022 $3,950,516 $2,970,738 $1,881,242 $979,778
2021 $2,521,570 $2,387,844 $745,763 $133,726
2020 $2,424,042 $2,246,884 $598,078 $177,158
2019 $2,189,651 $2,232,939 $395,858 $-43,288
2018 $2,073,010 $2,040,440 $455,487 $32,570
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE JOSEPH CENTER with other nonprofits in Illinois and across the country.