ASSET BASED COMMUNITY DEVELOPMENT INSTITUTE

EIN: 473769786 501(c)(3) Community Improvement

CHICAGO, IL

Total Revenue
$129,371
Total Expenses
$69,611
Total Assets
$167,454
Net Assets
$165,897
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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
2015
Legal Domicile
IL
Principal Officer
BEN WHEELER
Phone
7733258344
Tax Period
2023-01-01 to 2023-12-31

ASSET BASED COMMUNITY DEVELOPMENT INSTITUTE, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $129K in total revenue in fiscal year 2023. The organization ran a surplus of $60K, a strong 46% operating margin.

Mission

PROMOTE AND SUPPORT THE DEVELOPMENT OF STRONG AND SUSTAINABLE COMMUNITIES BY FOCUSING ON THE RESOURCES AND ASSETS OF THE COMMUNITIES

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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 (2023)

Revenue Breakdown

Contributions & Grants $34,789
Program Service Revenue $92,804
Investment Income $141
Other Revenue $1,637
TOTAL REVENUE $129,371

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $433
Program Expenses $64,995
Other Expenses $69,611
TOTAL EXPENSES $69,611

Year-over-Year Comparison

2023 2022 Change
Revenue $129,371 $126,526 +0.0%
Expenses $69,611 $91,717 -0.2%
Net Income $59,760 $34,809 +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

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Governance

Voting Members
13
Independent Members
13
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
6
$6,600
Total Directors
13
$7,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLISON LOURASH CO-PRESIDENT 2.00
Officer Director
$1,800 $0 $1,800
JESSICA WYATT CO-PRESIDENT 2.00
Officer Director
$0 $0 $0
INDIGO BISHOP VICE PRESIDENT/DIRECTOR 2.00
Officer Director
$3,000 $0 $3,000
BEN WHEELER TREASURER 2.00
Officer Director
$1,800 $0 $1,800
RUTHIE YOW SECRETARY 2.00
Officer Director
$0 $0 $0
DEE BROOKS DIRECTOR 1.00
Officer Director
$0 $0 $0
IVIS GARCIA ZAMBRANA DIRECTOR 1.00
Director
$0 $0 $0
JOHN MCKNIGHT DIRECTOR 1.00
Director
$0 $0 $0
RUBEN MEDINA DIRECTOR 1.00
Director
$0 $0 $0
ALISON MATHIE DIRECTOR 1.00
Director
$0 $0 $0
RAYMOND THOMPSON DIRECTOR 1.00
Director
$1,200 $0 $1,200
VANESSA WESTLEY DIRECTOR 1.00
Director
$0 $0 $0
BYRON P WHITE DIRECTOR 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 No data No data No data No data
2024 No data No data No data No data
2023 $129,371 $69,611 $167,454 $59,760
2022 $126,526 $91,717 $106,204 $34,809
2021 $121,113 $129,568 $85,895 $-8,455
2020 $238,393 $240,972 $98,643 $-2,579
2019 $335,157 $338,391 $96,360 $-3,234
2018 $216,288 $192,784 $122,089 $23,504
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