KENOSHA INNOVATION NEIGHBORHOOD INC (EIN 871298452) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

TIM MAHONE

Tax Period

2023-01-01 to 2023-12-31

KENOSHA INNOVATION NEIGHBORHOOD INC, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $397K in total revenue in fiscal year 2023. Revenue surged 292% from the prior year, signaling strong growth momentum. The organization ran a surplus of $148K, a strong 37% operating margin.

Mission

KIN will redefine the 107 acre former Kenosha Chrysler Plant site into a special innovation district that creates opportunities for Kenoshans to stay in Kenosha; is inclusive of all individuals and the surrounding neighborhoods and the broader community; creates a regional destination that offers competitive experience to other urban markets; supports the recovery and development of sustainable and resilient surrounding neighborhoods.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $350,129

Program Service Revenue $0

Investment Income $47,366

Other Revenue $0

TOTAL REVENUE $397,495

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $201,569

Other Expenses $249,129

TOTAL EXPENSES $249,129

Year-over-Year Comparison

	2023	2022	Change
Revenue	$397,495	$101,458	+2.9%
Expenses	$249,129	$220,921	+0.1%
Net Income	$148,366	$-119,463	-2.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VICKY ARROYO	Director	4.00	Director	$0	$0	$0
TIM CASEY	Director	4.00	Director	$0	$0	$0
ANTHONY JEFFERSON	Director	0.00	Director	$0	$0	$0
IAIN BOYD	Director	4.00	Director	$0	$0	$0
DEBRA FORD PHD	Director	4.00	Director	$0	$0	$0
RITU RAJU PHD	Director	4.00	Director	$0	$0	$0
TIM MAHONE	Chairman	4.00	Officer	$0	$0	$0
MARK FEDYK	Vice President	4.00	Officer	$0	$0	$0
ARTHUR HARRINGTON	Secretary	4.00	Officer	$0	$0	$0
WES SABER	Treasurer	4.00	Officer	$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	No data	No data	No data	No data
2023	$397,495	$249,129	$1,420,006	$148,366

KENOSHA INNOVATION NEIGHBORHOOD INC