The Heads Network Inc

EIN: 463524581 501(c)(3) Education

Oak Park, IL

Total Revenue
$659,084
Total Expenses
$480,089
Total Assets
$1,042,933
Net Assets
$903,754
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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
2013
Legal Domicile
FL
Principal Officer
JENNIFER EVERS
Phone
7737808292
Tax Period
2024-07-01 to 2025-06-30

THE HEADS NETWORK INC, founded in 2013, is a small nonprofit in the Education sector that reported $300K in total revenue in fiscal year 2018. Revenue decreased 8% compared to the prior year. Expenses of $277K left a modest 8% surplus.

Mission

THE HEADS NETWORK PROMOTES ACTIVE COLLABORATION AND PROFESSIONAL GROWTH FOR INDEPENDENT SCHOOL HEADS AND LEADERS WHO ARE COMMITTED TO THE EDUCATION OF GIRLS AND ADVANCING WOMEN'S LEADERSHIP. PROGRAMS INCLUDE AN ANNUAL MEETING IN A UNIQUE VENUE, MENTORING SEMINARS FOR ASPIRING WOMEN LEADERS, AND PROFESSIONAL NETWORKING FOR ALL MEMBER SCHOOLS.

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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 $282,262
Program Service Revenue $329,834
Investment Income $34,238
Other Revenue $12,750
TOTAL REVENUE $659,084

Expense Breakdown

Grants Paid $0
Salaries & Benefits $151,626
Fundraising Expenses $0
Program Expenses $393,214
Other Expenses $328,463
TOTAL EXPENSES $480,089

Year-over-Year Comparison

2024 2023 Change
Revenue $659,084 $540,489 +0.2%
Expenses $480,089 $458,120 +0.0%
Net Income $178,995 $82,369 +1.2%
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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Governance

Voting Members
15
Independent Members
15
Employees
1
Volunteers
30

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
5
$140,000
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER EVERS Executive Dir. 40.00
Officer
$140,000 $0 $140,000
MEGAN COVER VICE CHAIR 1.00
Director
$0 $0 $0
ANN KLOTZ CHAIR 1.00
Director
$0 $0 $0
GEOFF WAGG Treasurer 1.00
Officer Director
$0 $0 $0
KEN ALDRIDGE Regional VC 1.00
Officer Director
$0 $0 $0
PERCY ABRAM Regional VC 1.00
Officer Director
$0 $0 $0
JENNIFER GALAMBOS MEMBER AT LARGE 1.00
Director
$0 $0 $0
MATT BYRNES BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER CICCARELLI BOARD MEMBER 1.00
Director
$0 $0 $0
ERENI MALFA BOARD MEMBER 1.00
Director
$0 $0 $0
DAN GLASS BOARD MEMBER 1.00
Director
$0 $0 $0
NOLA-RAE CRONAN BOARD MEMBER 1.00
Director
$0 $0 $0
KIM WARGO Secretary 1.00
Officer Director
$0 $0 $0
DONNA LINDNER BOARD MEMBER 1.00
Director
$0 $0 $0
COLLEEN RAMSDEN BOARD MEMBER 1.00
Director
$0 $0 $0
SALLY KEIDEL BOARD MEMBER 1.00
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
2025 $659,084 $480,089 $1,042,933 $178,995
2024 $540,489 $458,120 $840,359 $82,369
2023 $475,177 $458,575 $578,236 $16,602
2022 $434,522 $332,118 $549,630 $102,404
2021 $266,251 $201,115 $515,433 $65,136
2020 $324,860 $380,331 $403,178 $-55,471
2019 $300,460 $277,040 $480,235 $23,420
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