THE TWO RIVERS COUNCIL FOUNDATION

EIN: 371282554 501(c)(3) Housing & Shelter

QUINCY, IL

Total Revenue
$268,584
Total Expenses
$271,148
Total Assets
$671,215
Net Assets
$608,282
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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
1989
Legal Domicile
IL
Principal Officer
JEREMY OSHNER
Phone
2172248171
Tax Period
2024-01-01 to 2024-12-31

THE TWO RIVERS COUNCIL FOUNDATION, founded in 1989, is a small nonprofit in the Housing & Shelter sector that reported $106K in total revenue in fiscal year 2018. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $150K exceeded revenue, resulting in a 41% operating deficit.

Mission

TO ASSIST TWO RIVERS REGIONAL COUNCIL OF PUBLIC OFFICIALS IN FURTHERING THE EFFORTS OF LOCAL GOVERNMENTS AND AID THE ECONOMICALLY DISADVANTAGED THROUGHOUT THE REGION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $261,127
Program Service Revenue $0
Investment Income $2,242
Other Revenue $5,215
TOTAL REVENUE $268,584

Expense Breakdown

Grants Paid $255,837
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $255,837
Other Expenses $15,311
TOTAL EXPENSES $271,148

Year-over-Year Comparison

2024 2023 Change
Revenue $268,584 $665,985 -0.6%
Expenses $271,148 $430,241 -0.4%
Net Income $-2,564 $235,744 -1.0%
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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
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
1
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOLLY CAIN BOARD MEMBER N/A
Director
$0 $0 $0
KEITH CALLAWAY VICE-CHAIR N/A
Director
$0 $0 $0
SARA GOODAPPLE BOARD MEMBER N/A
Director
$0 $0 $0
TIM KETTERING SEC/TREASURE N/A
Director
$0 $0 $0
GARY MENDENHALL BOARD MEMBER N/A
Director
$0 $0 $0
NATALIE ROSEBERRY PRESIDENT N/A
Director
$0 $0 $0
DEREK ROSS BOARD MEMBER N/A
Director
$0 $0 $0
MARK SORENSEN BOARD MEMBER N/A
Director
$0 $0 $0
MARK SPRAGUE VICE PRESIDE N/A
Director
$0 $0 $0
BRITTANY WEISE BOARD MEMBER N/A
Director
$0 $0 $0
MARK YINGLING BOARD MEMBER N/A
Director
$0 $0 $0
JEREMY OSHNER DIRECTOR N/A
Officer
$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 $268,584 $271,148 $671,215 $-2,564
2023 $665,985 $430,241 $774,126 $235,744
2022 $402,532 $329,275 $508,488 $73,257
2021 $383,235 $428,329 $455,052 $-45,094
2020 $620,751 $595,961 $420,691 $24,790
2019 $191,190 $185,703 $396,694 $5,487
2018 $106,245 $149,865 $392,239 $-43,620
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