LAND OF LINCOLN GOODWILL INDUSTRIE… - Form 990 Financial Data

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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

1938

Legal Domicile

Principal Officer

CONNOR ETHERIDGE

Phone

2177890400

Tax Period

2024-07-01 to 2025-06-30

LAND OF LINCOLN GOODWILL INDUSTRIES INC, founded in 1938, is a mid-sized nonprofit in the Employment sector that reported $30.4M in total revenue in fiscal year 2024.

Mission

TO EMPOWER PEOPLE WITH SPECIAL NEEDS TO BECOME SELF-SUFFICIENT THROUGH THE POWER OF WORK.

Program Service Accomplishments

Program 1

Expenses: $25,866,520 Revenue: $18,910,543

THE DONATED GOODS AND RETAIL SERVICES PROGRAM INVOLVES THE COLLECTION, PROCESSING, DISTRIBUTION AND SELLING OF USED DONATED CLOTHING AND OTHER DONATED ITEMS IN 14 RETAIL LOCATIONS AND 1 OUTLET STORE THROUGHOUT CENTRAL ILLINOIS. THIS PROGRAM PROVIDES APPROXIMATELY 204 EMPLOYMENT OPPORTUNITIES FOR DISABLED, DISADVANTAGED, AND HARD TO EMPLOY INDIVIDUALS. THE REVENUE GENERATED FROM THIS PROGRAM HELPS SUPPORT COMMUNITY BASED PROGRAMS AND JOB PLACEMENT SERVICES.

Program 2

Expenses: $137,884 Revenue: $127,700

THE CONTRACTS AND INDUSTRIAL SERVICE PROGRAMS PROVIDE EMPLOYMENT FOR 2 DISABLED AND DISADVANTAGED INDIVIDUAL AT 6 DIFFERENT COMMUNITY SITES IN THE SPRINGFIELD ILLINOIS AREA. THESE PROGRAMS PROVIDE A...

Program 3

Expenses: $1,521,334 Revenue: $404,333

THE REHABILITATION AND MISSION SERVICE PROGRAMS PROVIDE IN-HOUSE DAY PROGRAMMING AND WORK ADJUSTMENT TRAINING FOR APPROXIMATELY 28 DISABLED PARTICIPANTS. THE YOUTH MENTORING PROGRAM HELPS AT RISK...

THE REHABILITATION AND MISSION SERVICE PROGRAMS PROVIDE IN-HOUSE DAY PROGRAMMING AND WORK ADJUSTMENT TRAINING FOR APPROXIMATELY 28 DISABLED PARTICIPANTS. THE YOUTH MENTORING PROGRAM HELPS AT RISK YOUTHS AGE 12 TO 29 BUILD CAREER PLANS, COMPLETE SCHOOL AND HELP THEM PREPARE FOR THE WORKPLACE THROUGH STRUCTURED SUPPORTIVE RELATIONSHIPS WITH ADULT MENTORS. 136 YOUTH ARE SERVED THROUGH THE PROGRAM.

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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 $10,822,455

Program Service Revenue $19,338,225

Investment Income $10,677

Other Revenue $195,223

TOTAL REVENUE $30,366,580

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,919,445

Fundraising Expenses $49,326

Program Expenses $27,525,738

Other Expenses $18,344,270

TOTAL EXPENSES $30,263,715

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,366,580	$29,957,472	+0.0%
Expenses	$30,263,715	$30,552,160	0.0%
Net Income	$102,865	$-594,688	-1.2%

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

Employees

459

Volunteers

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

$346,809

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CONNOR ETHERIDGE	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
KINSER WARGEL	VICE CHAIR	2.00	Officer Director	$0	$0	$0
QUINTON WADKINS	DIRECTOR	1.00	Director	$0	$0	$0
ALLISON GOLDASICH	DIRECTOR	1.00	Director	$0	$0	$0
MISTY SHAW	DIRECTOR	1.00	Director	$0	$0	$0
IAN HANDLEY	DIRECTOR	1.00	Director	$0	$0	$0
STEVE GNUSE	DIRECTOR	1.00	Director	$0	$0	$0
MANNY MIKAELSON	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS KLEIN	DIRECTOR	1.00	Director	$0	$0	$0
RON CULVES	CHIEF EXECUTIVE OFFICER	40.00	Officer	$196,004	$20,055	$216,059
JASON GOODMAN	VP OF FINANCE	40.00	Officer	$126,564	$4,186	$130,750
WALLY PROENZA	CHIEF OPERATING OFFICER	40.00	Highest	$153,251	$14,409	$167,660
AMANDA SANDNER	CHIEF PEOPLE OFFICER & CORPORATE COMPLIANCE OFFICE	40.00	Highest	$149,472	$14,111	$163,583
ANGELA CLARK	VP OF HEALTH, SAFETY, SECURITY & ENVIRONMENT	40.00	Highest	$103,717	$13,199	$116,916
SHELLEY SINGLETON	VP OF MARKETING, COMMUNICATIONS & FUND DEVELOPMENT	40.00	Highest	$100,762	$13,199	$113,961

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
2025	$30,366,580	$30,263,715	$22,485,196	$102,865
2024	$29,957,472	$30,552,160	$22,307,553	$-594,688
2023	$29,561,192	$29,514,327	$20,661,812	$46,865
2022	$29,605,192	$28,295,796	$10,839,126	$1,309,396
2021	$25,919,935	$26,048,057	$9,744,712	$-128,122

LAND OF LINCOLN GOODWILL INDUSTRIES INC