GLEN ELLYN, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INNOVATION DUPAGE, founded in 2018, is a small nonprofit in the Human Services sector that reported $836K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $760K left a modest 9% surplus.
INNOVATION DUPAGE IS MADE POSSIBLE BY A NETWORK OF ACADEMIC, GOVERNMENTAL, AND BUSINESS PARTNERS. WE SHARE RESOURCES, TALENT, AND IDEAS AS WE SUPPORT OUR GROWING COMMUNITY OF LOCAL ENTREPRENEURS AND STARTUPS THROUGH EDUCATION, INCUBATION, ACCELERATION, AND COLLABORATION
INNOVATION DUPAGE IS A NON-PROFIT VENTURE THAT UNITES STARTUP FOUNDERS AND SMALL BUSINESS OWNERS WITH THE PEOPLE, RESOURCES, AND PROGRAMS THAT HELP THEM GROW. MEMBERS COLLABORATE ACROSS AN EXTENSIVE...
INNOVATION DUPAGE IS A NON-PROFIT VENTURE THAT UNITES STARTUP FOUNDERS AND SMALL BUSINESS OWNERS WITH THE PEOPLE, RESOURCES, AND PROGRAMS THAT HELP THEM GROW. MEMBERS COLLABORATE ACROSS AN EXTENSIVE NETWORK OF ENTERPRISE, ACADEMIC, ECONOMIC DEVELOPMENT, AND RESEARCH PARTNERS. INNOVATION DUPAGE SUPPORTS THE STARTUP COMMUNITY, ENHANCES REGIONAL PROSPERITY, ATTRACTS WORLD-CLASS TALENT, AND DRIVES SUSTAINABLE ECONOMIC GROWTH. THE ORGANIZATION FOSTERS INNOVATION AND SUPPORTS AND ENCOURAGES THE GROWTH OF JOBS, COMPANIES AND ECONOMIC DEVELOPMENT IN DUPAGE COUNTY AND SURROUNDING MIDWEST REGION BY PROVIDING ENTREPRENEURS ACCESS TO EDUCATION AND TRAINING RESOURCES, BUSINESS AND COMMUNITY SUPPORT, CAPITAL, AND CUSTOMERS.
INNOVATION DUPAGE OFFERS A 10-WEEK PROGRAM TWICE PER YEAR, TITLED "OWNER TO CEO." THIS PROGRAM IS OFFERED TO OWNERS OF SMALL BUSINESSES WITH REVENUES IN THE $200,000 TO $2 MILLION RANGE IN ORDER TO...
INNOVATION DUPAGE OFFERS A 10-WEEK PROGRAM TWICE PER YEAR, TITLED "OWNER TO CEO." THIS PROGRAM IS OFFERED TO OWNERS OF SMALL BUSINESSES WITH REVENUES IN THE $200,000 TO $2 MILLION RANGE IN ORDER TO HELP AUGMENT THEIR SKILLS IN A NUMBER OF AREAS IN ORDER TO BE MORE EFFECTIVE IN THE MANAGEMENT OF THEIR BUSINESSES. THE PROGRAM SAW A DOZEN OR SO INSTRUCTORS/EXPERTS TEACH CLASSES IN AREAS SUCH AS FINANCE, MARKETING, HUMAN RESOURCES, INFORMATION TECHNOLOGY, AND SALES. THE EXPENSE AMOUNT INCLUDED HERE REPRESENTS THE COST INCURRED TO RUN THIS PROGRAM.
PART OF THE MISSION OF INNOVATION DUPAGE IS TO FOSTER ENTREPRENEURSHIP INTEREST AMONG COLLEGE AND HIGH SCHOOL STUDENTS. TO THAT END, PITCH COMPETITIONS ARE SPONSORED WHEREIN ASPIRING ENTREPRENEURS...
PART OF THE MISSION OF INNOVATION DUPAGE IS TO FOSTER ENTREPRENEURSHIP INTEREST AMONG COLLEGE AND HIGH SCHOOL STUDENTS. TO THAT END, PITCH COMPETITIONS ARE SPONSORED WHEREIN ASPIRING ENTREPRENEURS PRESENT THEIR BUSINESS IDEAS TO A PANEL OF INDEPENDENT JUDGES WITH SUCCESSFUL ENTREPRENEURIAL BACKGROUNDS. PRIZES ARE AWARDED TO ENCOURAGE THESE CONTESTANTS TO CONTINUE TO PURSUE THEIR ENDEAVORS. INNOVATION DUPAGE CONTRIBUTED $12,000 TOWARD SUCH PRIZE MONIES IN FISCAL 2024.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $835,893 | $720,745 | +0.2% |
| Expenses | $760,067 | $606,994 | +0.3% |
| Net Income | $75,826 | $113,751 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| JOSEPH CASSIDY | PRESIDENT | 7.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID VIRGILIO | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAKE MICKLEY | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR BOB CLARK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MEREDITH HANNAH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WALTER JOHNSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GAUTAM WADHWA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JANICE KAUSHAL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER CUMPSTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN FACCHINI | MANAGING DIRECTOR | 40.00 |
Officer
|
$127,950 | $0 | $127,950 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $835,893 | $760,067 | $289,064 | $75,826 |
| 2024 | $720,745 | $606,994 | $227,965 | $113,751 |
| 2023 | $522,777 | $566,132 | $83,128 | $-43,355 |
| 2022 | $585,911 | $598,322 | $148,017 | $-12,411 |
| 2021 | $511,905 | $475,592 | $179,878 | $36,313 |
| 2020 | $386,650 | $437,030 | $158,443 | $-50,380 |
Compare INNOVATION DUPAGE with other nonprofits in Illinois and across the country.