THE NEIGHBORHOOD NETWORK ALLIANCE

EIN: 832383918 501(c)(3) Community Improvement

CHICAGO, IL

Total Revenue
$509,465
Total Expenses
$454,460
Total Assets
$161,519
Net Assets
$156,485
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
IL
Principal Officer
VAL FREE
Phone
7736093007
Tax Period
2024-01-01 to 2024-12-31

THE NEIGHBORHOOD NETWORK ALLIANCE, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $509K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $454K left a modest 11% surplus.

Mission

Neighborhood Network Alliance (The NNA) connect, convene, and collaborate block-by-block with residents, nonprofits, and institutions to equip neighbors with the resources that will empower cooperative community management and revitalization.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $509,465
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $509,465

Expense Breakdown

Grants Paid $0
Salaries & Benefits $235,289
Fundraising Expenses $0
Program Expenses $383,394
Other Expenses $219,171
TOTAL EXPENSES $454,460

Year-over-Year Comparison

2024 2023 Change
Revenue $509,465 $425,227 +0.2%
Expenses $454,460 $419,421 +0.1%
Net Income $55,005 $5,806 +8.5%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
5
Volunteers
1

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
1
$110,256
Total Directors
7
$110,256
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VAL FREE Executive Dir. 50.00
Officer Director
$110,256 $0 $110,256
GERALD WILLIAMS BOARD MEMBER 5.00
Director
$0 $0 $0
ROBIN BLAND BOARD MEMBER 5.00
Director
$0 $0 $0
EBONIE DAVIS BOARD MEMBER 0.00
Director
$0 $0 $0
NOEL SULIVAN BOARD MEMBER 5.00
Director
$0 $0 $0
DAVID ROBINSON BOARD MEMBER 0.00
Director
$0 $0 $0
KENNETH THOMAS BOARD MEMBER 5.00
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
2024 $509,465 $454,460 $161,519 $55,005
2024 No data No data No data No data
2023 $425,227 $419,421 $119,705 $5,806
2022 $576,357 $521,569 No data $54,788
2021 $208,172 $182,515 $36,699 $25,657
2020 $230,155 $219,666 $11,042 $10,489
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE NEIGHBORHOOD NETWORK ALLIANCE with other nonprofits in Illinois and across the country.