SHOREWOOD FOUNDATION INC (EIN 396081099) - Form 990 Financial Analysis & Trantor Score

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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

1964

Legal Domicile

Principal Officer

JOE POPALISKY

Phone

4147454929

Tax Period

2024-01-01 to 2024-12-31

SHOREWOOD FOUNDATION INC, founded in 1964, is a small nonprofit that reported $310K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $278K left a modest 10% surplus.

Mission

TO PROVIDE A WAY FOR SHOREWOOD RESIDENTS AND FRIENDS TO SUPPORT THE COMMUNITY INSTITUTIONS, FACILITIES AND SERVICES

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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 $62,074

Program Service Revenue $0

Investment Income $247,967

Other Revenue $0

TOTAL REVENUE $310,041

Expense Breakdown

Grants Paid $206,259

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $278,500

Other Expenses $72,241

TOTAL EXPENSES $278,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$310,041	$338,246	-0.1%
Expenses	$278,500	$247,771	+0.1%
Net Income	$31,541	$90,475	-0.7%

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

N/A

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
JAMIE REEVE	PRESIDENT	5	Director	$0	$0	$0
DOUGLAS ARMSTRONG	BOARD OF DIRECTORS	1	Director	$0	$0	$0
BECKY DUBIN JENKINS	BOARD OF DIRECTORS	1	Director	$0	$0	$0
KAREN MAIERLE	BOARD OF DIRECTORS	1	Director	$0	$0	$0
PATRICK KESSENICH	BOARD OF DIRECTORS	1	Director	$0	$0	$0
MELISSA MARSCHKA	SECRETARY	1	Director	$0	$0	$0
REBECCA OSBORN	BOARD OF DIRECTORS	1	Director	$0	$0	$0
CHRISTA SHIELDS	BOARD OF DIRECTORS	1	Director	$0	$0	$0
JOSEPH POPALISKY	TREASURER	1	Director	$0	$0	$0
Marit Harm	Board of Directors	1	Director	$0	$0	$0
Megann Hendrix	Board of Directors	1	Director	$0	$0	$0
Tom Pilarzyk	Board of Directors	1	Director	$0	$0	$0
Kimberly Schreiber	Board of Directors	1	Director	$0	$0	$0
Natraj Shanker	Board of Directors	1	Director	$0	$0	$0
Christine Sweda	Board of Directors	1	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
2024	$310,041	$278,500	$6,185,369	$31,541
2023	$338,246	$247,771	$5,699,206	$90,475
2022	$21,998	$170,622	$5,023,233	$-148,624
2021	$667,737	$19,496	$6,156,697	$648,241
2020	$3,811,037	$144,763	$5,558,721	$3,666,274
2019	$120,835	$25,935	$1,865,366	$94,900

SHOREWOOD FOUNDATION INC