JOLIET AREA HISTORICAL MUSEUM (EIN 364334686) - 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

1999

Legal Domicile

Principal Officer

QUINN ADAMOWSKI

Phone

8157235201

Tax Period

2023-07-01 to 2024-06-30

THE JOLIET AREA HISTORICAL MUSEUM, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $562K in total revenue in fiscal year 2017.

Mission

PROMOTE AWARENESS OF AND APPRECIATION FOR THE JOLIET AREA'S HISTORY AND DIVERSE CULTURE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,554,163

Program Service Revenue $100,704

Investment Income $20,952

Other Revenue $592,792

TOTAL REVENUE $5,268,611

Expense Breakdown

Grants Paid $0

Salaries & Benefits $841,739

Fundraising Expenses $167,206

Program Expenses $1,007,805

Other Expenses $691,058

TOTAL EXPENSES $1,532,797

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,268,611	$2,043,312	+1.6%
Expenses	$1,532,797	$1,446,092	+0.1%
Net Income	$3,735,814	$597,220	+5.3%

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

Employees

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

$96,836

Total Directors

$96,836

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGORY PEERBOLTE	EXECUTIVE DIRECTOR	40.00	Officer Director	$0	$0	$96,836
DON GOVANI	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
QUINN ADAMOWSKI	PRESIDENT	2.00	Officer Director	$0	$0	$0
DALE EVANS	TREASURER	2.00	Officer Director	$0	$0	$0
HUDSON HOLLISTER	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVID GOMEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN HEGARTY	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA DALEY	BOARD MEMBER	2.00	Director	$0	$0	$0
HUGH O'HARA	BOARD MEMBER	2.00	Director	$0	$0	$0
NICK MACRIS	BOARD MEMBER	4.00	Director	$0	$0	$0
DENNIS PLATIPODIS	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT NAVARRO	BOARD MEMBER	2.00	Director	$0	$0	$0
GLORIA DOLLINGER	BOARD MEMBER	2.00	Director	$0	$0	$0
JAYNE BERNHARD	BOARD MEMBER	2.00	Director	$0	$0	$0
NANCY CABALLERO	BOARD MEMBER	1.00	Director	$0	$0	$0
VIRGINA FERRY	DIRECTOR EMERITUS	0.00	Director	$0	$0	$0
CESAR GUERRERO	BOARD MEMBER	2.00	Director	$0	$0	$0
ROBERT DIEDRICH	BOARD MEMBER	2.00	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
2024	$5,268,611	$1,532,797	$6,205,500	$3,735,814
2023	$2,043,312	$1,446,092	$1,516,329	$597,220
2022	$1,152,214	$1,142,494	$1,772,872	$9,720
2021	$538,160	$735,401	$2,480,521	$-197,241
2020	$508,434	$861,467	$3,391,626	$-353,033
2019	$750,390	$745,465	$1,086,499	$4,925
2018	$562,403	$584,487	$1,113,655	$-22,084

JOLIET AREA HISTORICAL MUSEUM