STROM CENTER INC

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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

1974

Legal Domicile

Principal Officer

JUDY RAES

Phone

3097344560

Tax Period

2024-01-01 to 2024-12-31

STROM CENTER INC, founded in 1974, is a small nonprofit that reported $388K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $331K left a modest 15% surplus.

Mission

STROM CENTER WAS ORGANIZED TO PROMOTE SOCIAL ADVOCACY FOR SENIOR CITIZENS, INCLUDING SUPPORT FACILITIES FOR COMMUNITY ACTIVITIES FOR THE BETTERMENT OF SENIOR CITIZENS PRIMARILY IN WARREN COUNTY, ILLINOIS.

Program Service Accomplishments

Program 1

Expenses: $278,272 Revenue: $4,328

PROVIDE "INFORMATION & ASSISTANCE", "OUTREACH", AND A MULTI-PURPOSE SENIOR CENTER FOR SENIOR CLIENTS. THE CENTER PROVIDES SOCIAL PROGRAMS INCLUDING CAR AND POOL PLAYING, MOVIES, BINGO GAMES, LIBRARY CENTER, COFFEE GROUPS. EDUCATIONAL PROGRAMS FEATURING A GUEST SPEAKER OCCUR AT LEAST ONCE A MONTH. THE CENTER IS OPEN MON-FRI. 8:00 A.M. TO 4:00 P.M.

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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 $383,184

Program Service Revenue $4,328

Investment Income $302

Other Revenue $0

TOTAL REVENUE $387,814

Expense Breakdown

Grants Paid $0

Salaries & Benefits $221,620

Fundraising Expenses $0

Program Expenses $278,272

Other Expenses $109,878

TOTAL EXPENSES $331,498

Year-over-Year Comparison

	2024	2023	Change
Revenue	$387,814	$349,018	+0.1%
Expenses	$331,498	$346,750	0.0%
Net Income	$56,316	$2,268	+23.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHIRLEY CALDWELL	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JACQUELINE LEMLEY	MEMBER AT LA	N/A	Director	$0	$0	$0
MARILYN PERRIN	TREASURER	N/A	Officer Director	$0	$0	$0
SHIRLEY PETERSON	SECRETARY	N/A	Officer Director	$0	$0	$0
JUDY RAES	PRESIDENT	N/A	Officer Director	$0	$0	$0
DARLENE SCALF	MEMORIAL ACC	N/A	Officer 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
2025	No data	No data	No data	No data
2024	$387,814	$331,498	$255,484	$56,316
2023	$349,018	$346,750	$198,837	$2,268
2022	$409,395	$391,428	$192,246	$17,967
2021	$364,230	$370,279	$178,868	$-6,049
2020	$346,809	$388,065	$183,735	$-41,256
2019	$366,097	$389,912	$231,613	$-23,815
2018	$351,429	$375,008	$253,917	$-23,579