KENOSHA AREA BUSINESS ALLIANCE FOU… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

BROCK PORTILIA

Phone

2626051100

Tax Period

2023-01-01 to 2023-12-31

KENOSHA AREA BUSINESS ALLIANCE FOUNDATION INC, founded in 1996, is a community nonprofit in the Community Improvement sector that reported $7.2M in total revenue in fiscal year 2023. Revenue surged 932% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.5M, a strong 91% operating margin.

Mission

KENOSHA AREA BUSINESS ALLIANCE FOUNDATION, INC. DEVELOPS EDUCATION INITIATIVES WITH LOCAL KENOSHA SCHOOLS TO INCREASE GRADUATION RATES, IMPROVE THE OVERALL QUALITY OF EDUCATION, AND FOSTER THE BEST EDUCATIONAL SYSTEM IN THE STATE.

Program Service Accomplishments

Program 1

Expenses: $395,900 Revenue: $216,215

THROUGH THE KENOSHA AREA BUSINESS ALLIANCE FOUNDATION, KENOSHA AREA BUSINESS ALLIANCE PLAYS AN ACTIVE ROLE IN THE KENOSHA AREA'S EDUCATION SYSTEM INCLUDING AN ELEMENTARY SCHOOL MENTORING PROGRAM...

THROUGH THE KENOSHA AREA BUSINESS ALLIANCE FOUNDATION, KENOSHA AREA BUSINESS ALLIANCE PLAYS AN ACTIVE ROLE IN THE KENOSHA AREA'S EDUCATION SYSTEM INCLUDING AN ELEMENTARY SCHOOL MENTORING PROGRAM, ANNUAL SCHOLARSHIP AWARDS, AND SUPPORT FOR VARIOUS TECHNOLOGY-RELATED INITIATIVES.

Program 2

Expenses: $30,093

KENOSHA AREA BUSINESS ALLIANCE FOUNDATION MANAGES A SCHOOL-BASED MENTORING PROGRAM THAT EMPOWERS BOTH YOUNG PEOPLE AND THE ADULTS WORKING WITH THEM. VOLUNTEER MENTORS FROM THE KENOSHA AREA BUSINESS COMMUNITY COMMIT 30-45 MINUTES OF THEIR TIME EACH WEEK FOR A THIRD THROUGH FIFTH GRADE OR MIDDLE SCHOOL STUDENT TO WORK ON ACADEMIC AND SOCIAL SKILLS. THE PROGRAM IS DESIGNED TO PROVIDE AT-RISK STUDENTS WITH POSITIVE ADULT ROLE MODELS THAT SPEND TIME WITH THE STUDENT ON A REGULAR BASIS.

Program 3

Expenses: $95,029 Revenue: $135,890

THE INSPIRE PROGRAM IS A SERIES OF ACTIVITIES, EVENTS AND RESOURCES DESIGNED TO EMPOWER EXISTING AND EMERGING LEADERS TO CREATE CHANGE IN OUR COMMUNITY AS PART OF THIS PLATFORM, KENOSHA AREA BUSINESS ALLIANCE FOUNDATION HOSTS A ONE-DAY LEADERSHIP EXPERIENCE TO CHALLENGE AND INSPIRE ATTENDEES TO WALK AWAY WITH IDEAS ON HOW THEY CAN BE A BETTER LEADER IN THEIR CAREERS, COMMUNITIES AND PERSONAL LIVES.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,734,855

Program Service Revenue $352,105

Investment Income $99,829

Other Revenue $50

TOTAL REVENUE $7,186,839

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $394,669

Fundraising Expenses $0

Program Expenses $521,022

Other Expenses $217,198

TOTAL EXPENSES $661,867

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,186,839	$696,282	+9.3%
Expenses	$661,867	$284,316	+1.3%
Net Income	$6,524,972	$411,966	+14.8%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

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

$151,092

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN SWALLOW	CHAIR	0.50	Officer Director	$0	$0	$0
JENS EMERSON	VICE CHAIR	0.50	Officer Director	$0	$0	$0
CHRIS WEYKER	SECRETARY	0.50	Officer Director	$0	$0	$0
ANNE ARBAS	TREASURER	0.50	Officer Director	$0	$0	$0
KARLA KREHBIEL	PAST CHAIR	0.50	Officer Director	$0	$0	$0
NICOLE RYF	PRESIDENT	1.00	Officer	$0	$9,021	$151,092
BROCK PORTILIA	CHIEF FINANCIAL OFFICER	1.00	Highest	$0	$33,808	$199,433

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	No data	No data	No data	No data
2023	$7,186,839	$661,867	$13,865,339	$6,524,972
2022	$696,282	$284,316	$2,095,416	$411,966
2021	$360,106	$224,965	$1,816,329	$135,141
2020	$215,446	$214,556	$1,687,791	$890
2019	$353,997	$312,594	$1,670,024	$41,403
2018	$305,523	$260,200	$1,578,514	$45,323

KENOSHA AREA BUSINESS ALLIANCE FOUNDATION INC