CHICAGO, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RUSSELL WESTBROOK WHY NOT FOUNDATION INC, founded in 2012, is a small nonprofit in the Unknown sector that reported $905K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 14% operating deficit.
SEE SCHEDULE 0THE MISSION OF THE FOUNDATION IS TO INSPIRE THE LIVES OF CHILDRESN, EMPOWER THEM TO ASK "WHY NOT AND TEACH THEM TO NEVER GIVE UP. THE FOUNDATION WORKS TO HELP CHILDREN THAT ARE FACING HARDSHIPS OF ANY KIND AND WHEN FACED WITH THAT ADVERSITY FIGHT TO SUCCEED AND TO NEVER GIVE UP. THE FOUNDATION IS DEDICATED TO SUPPORTING COMMUNITY-BASED EDUCATION AND FAMILY SERVICE PROGRAMS WHILE ENCOURAGING YOUTH TO BELIEVE IN THEMSELVES.
GENERAL ASSISTANCE TO INSPIRE THE LIVES OF CHILDREN, EMPOWER THEM TO ASK "WHY NOT? AND TEACH THEM TO NEVER GIVE UP.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $905,051 | $1,871,357 | -0.5% |
| Expenses | $1,031,185 | $1,784,737 | -0.4% |
| Net Income | $-126,134 | $86,620 | -2.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RUSSELL WESTBROOK III | PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| RUSSELL WESTBROOK JR | SECRETARY/TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHANNON WESTBROOK | VICE PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| REGINALD MORRIS | CEO | 40.00 |
Highest
|
$119,900 | $0 | $119,900 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $905,051 | $1,031,185 | $160,335 | $-126,134 |
| 2022 | $1,871,357 | $1,784,737 | $286,469 | $86,620 |
| 2021 | $1,080,074 | $1,321,706 | $199,849 | $-241,632 |
| 2020 | $489,010 | $799,094 | $441,481 | $-310,084 |
| 2019 | $403,074 | $638,886 | $756,545 | $-235,812 |
| 2018 | $753,233 | $1,076,010 | $987,364 | $-322,777 |
Compare RUSSELL WESTBROOK WHY NOT FOUNDATION INC with other nonprofits in Illinois and across the country.