Wooden It Be Lovely

EIN: 851730097 501(c)(3) Employment

Springfield, IL

Total Revenue
$711,054
Total Expenses
$599,746
Total Assets
$1,251,308
Net Assets
$1,182,079
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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
2021
Legal Domicile
IL
Principal Officer
Rev Margaret Ann Jessup
Phone
2176065307
Tax Period
2024-01-01 to 2024-12-31

Wooden It Be Lovely, founded in 2021, is a small nonprofit in the Employment sector that reported $711K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $111K, a strong 16% operating margin.

Mission

Offer hope and employment to women healing from lives of poverty, addiction, and abuse.

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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 $282,303
Program Service Revenue $202,947
Investment Income $30,377
Other Revenue $195,427
TOTAL REVENUE $711,054

Expense Breakdown

Grants Paid $0
Salaries & Benefits $366,684
Fundraising Expenses $27,572
Program Expenses $439,999
Other Expenses $233,062
TOTAL EXPENSES $599,746

Year-over-Year Comparison

2024 2023 Change
Revenue $711,054 $777,061 -0.1%
Expenses $599,746 $540,316 +0.1%
Net Income $111,308 $236,745 -0.5%
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
15
Independent Members
15
Employees
5
Volunteers
80

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
$67,919
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Allison Long Board Member 1.00
Director
$0 $0 $0
Ann Burton Board Member 1.00
Director
$0 $0 $0
Beth O'Shea Board Member 1.00
Director
$0 $0 $0
Cindy Davis Board Member 1.00
Director
$0 $0 $0
Connie Sims Board Member 1.00
Director
$0 $0 $0
Dede Murphy Chairwoman 1.00
Officer Director
$0 $0 $0
Diane Rutledge Board Member 1.00
Director
$0 $0 $0
Jamie Stout Secretary 1.00
Officer Director
$0 $0 $0
Jane Lacascio Board Member 1.00
Director
$0 $0 $0
Jen DeJong Chairwoman 1.00
Officer Director
$0 $0 $0
Jill Lowery Board Member 1.00
Director
$0 $0 $0
Julie Krehbiel Treasurer 1.00
Officer Director
$0 $0 $0
Kathy Germeraad Board Member 1.00
Director
$0 $0 $0
Linda Harrod Board Member 1.00
Director
$0 $0 $0
Nancy Pence board Member 1.00
Director
$0 $0 $0
Rev Margaret Ann Jessup Executive Director/Pastor 40.00
Officer
$67,919 $0 $67,919
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 $711,054 $599,746 $1,251,308 $111,308
2023 $777,061 $540,316 $1,098,343 $236,745
2022 $622,083 $463,981 $845,137 $158,102
2021 $1,018,025 $361,458 $672,553 $656,567
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