MOLINE, IL
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)FREE ENTERPRISE FOUNDATION INC, founded in 2000, is a small nonprofit in the Youth Development sector that reported $187K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $331K exceeded revenue, resulting in a 77% operating deficit.
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. ENDOWMENT GIVING OPPORTUNITIES THAT WILL ADD STABILITY AND LONG-RANGE GROWTH.
THE ORGANIZATION PROVIDED GRANTS TO JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. TO SUPPORT OPERATIONS AND PROGRAMS TO EDUCATE AND INSPIRE CHILDREN TO VALUE FREE ENTERPRISE, BUSINESS AND ENCONOMICS TO...
THE ORGANIZATION PROVIDED GRANTS TO JUNIOR ACHIEVEMENT OF THE HEARTLAND, INC. TO SUPPORT OPERATIONS AND PROGRAMS TO EDUCATE AND INSPIRE CHILDREN TO VALUE FREE ENTERPRISE, BUSINESS AND ENCONOMICS TO IMPROVE THE QUALITY OF THEIR LIVES.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $187,175 | $429,221 | -0.6% |
| Expenses | $331,439 | $122,599 | +1.7% |
| Net Income | $-144,264 | $306,622 | -1.5% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JIM WATSON | VICE-CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES DOUGAL NELSON | SECETARY | 1.00 |
Officer
Director
|
$0 | $5,000 | $142,723 |
| SHEILA VOLRATH | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM VICTOR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LANCE HEUER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RYAN WEBER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $187,175 | $331,439 | $4,675,496 | $-144,264 |
| 2023 | $429,221 | $122,599 | $4,038,701 | $306,622 |
| 2022 | $356,105 | $567,432 | $3,473,914 | $-211,327 |
| 2021 | $479,983 | $141,801 | $4,192,178 | $338,182 |
| 2020 | $754,202 | $62,630 | $3,265,914 | $691,572 |
| 2019 | $1,074,345 | $255,649 | $2,595,128 | $818,696 |
Compare FREE ENTERPRISE FOUNDATION INC with other nonprofits in Illinois and across the country.