WHIRLPOOL COLLECTIVE IMPACT FUND

🔒

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

2012

Legal Domicile

Principal Officer

DEBORAH O'CONNOR

Phone

2699235000

Tax Period

2021-01-01 to 2021-12-31

WHIRLPOOL COLLECTIVE IMPACT FUND, founded in 2012, is a small nonprofit that reported $290K in total revenue in fiscal year 2021. Revenue fell 82% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $111K, a strong 38% operating margin.

Mission

WE ARE HELPING TO PROVIDE A HEALTHY COMMUNITY IN BENTON HARBOR WHERE RESIDENTS LIVE IN SAFE, AFFORDABLE HOUSING AND ARE EXPOSED TO MULTIPLE AVENUES FOR EDUCATION. THROUGH THIS INITIATIVE WE SEE IMPROVED OVERALL QUALITY OF LIFE AND ECONOMIC STABILITY THROUGH GREATER EMPLOYMENT OPPORTUNITIES AND A GROWING TAX BASE.

Program Service Accomplishments

Program 1

Expenses: $150,000

CARE COUNTS GRANTS - WHIRLPOOL BRAND'S CARE COUNTS CAMPAIGN PROVIDES LAUNDRY UNITS TO SCHOOLS IN LOW INCOME COMMUNITIES TO ASSIST TEACHERS AND STAFF WASH CLOTHES FOR THEIR STUDENTS. IN AN EFFORT TO REDUCE ABSENTEEISM, THE PROGRAM IS ALSO FINDING THAT TRUANCY RATES ARE LOWER AND THAT PARTICIPATION IN CLASSROOMS AS WELL AS GRADES ARE HIGHER. AS AN EXTENSION OF THIS PROGRAM, WHIRLPOOL BRAND PROVIDES GRANTS TO SOME SCHOOLS TO HELP THEM PREPARE FOR THE LAUNDRY UNITS AND/OR TO PURCHASE SUPPLIES NEEDED TO DO LAUNDRY.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $290,000

Program Service Revenue $0

Investment Income $85

Other Revenue $0

TOTAL REVENUE $290,085

Expense Breakdown

Grants Paid $150,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $150,000

Other Expenses $29,278

TOTAL EXPENSES $179,278

Year-over-Year Comparison

	2021	2020	Change
Revenue	$290,085	$1,612,530	-0.8%
Expenses	$179,278	$1,570,398	-0.9%
Net Income	$110,807	$42,132	+1.6%

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

N/A

Independent Members

N/A

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
D JEFFREY NOEL	PRESIDENT & TRUSTEE	1.0	Officer Director	$0	$0	$0
DEBORAH O'CONNOR	VICE PRESIDENT & TRUSTEE	1.0	Officer Director	$0	$0	$0
CAREY MARTIN	TRUSTEE	1.0	Director	$0	$0	$0
MICHAEL MULLEN	SECRETARY/TREASURER	1.0	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
2021	$290,085	$179,278	No data	$110,807
2020	$1,612,530	$1,570,398	$566,042	$42,132
2019	$2,215,756	$2,098,127	$613,442	$117,629
2018	$2,561,676	$2,156,152	$495,813	$405,524