IT TAKES A VILLAGE MENTORSHIP LLC

EIN: 873565763 501(c)(3) Education

DANVILE, IL

Total Revenue
$175,162
Total Expenses
$143,222
Total Assets
$35,860
Net Assets
$33,733
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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
2022
Legal Domicile
IL
Principal Officer
OLLIE HARRISON
Phone
2177994193
Tax Period
2023-01-01 to 2023-12-31

IT TAKES A VILLAGE MENTORSHIP LLC, founded in 2022, is a small nonprofit in the Education sector that reported $175K in total revenue in fiscal year 2023. The organization ran a surplus of $32K, a strong 18% operating margin.

Mission

TO SEE EVERY CHILD THRIVE IN LIFE, DESPITE THEIR CIRCUMSTANCES, REACHING THEIR FULLEST POTENTIAL.

Program Service Accomplishments

Program 1
Expenses: $135,018

EACH WEEK, OUR MENTORS SPEND TIME WITH THEIR MENTEES AT THEIR RESPECTIVE SCHOOLS INSTRUCTING THEM FROM RESEARCH BASED SEL CURRICULUM ABOUT APPROPRIATE EMOTIONAL CONTROL, MAKING POSITIVE CHOICES, AND...

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EACH WEEK, OUR MENTORS SPEND TIME WITH THEIR MENTEES AT THEIR RESPECTIVE SCHOOLS INSTRUCTING THEM FROM RESEARCH BASED SEL CURRICULUM ABOUT APPROPRIATE EMOTIONAL CONTROL, MAKING POSITIVE CHOICES, AND POSITIVE SELF- CONCEPTS. WE PROVIDE GUIDANCE TO STUDENTS AND ASSIST TEACHERS/PRINCIPALS IN TRYING TO HELP STUDENTS SUCCEED IN AND OUT OF THE CLASSROOM. WE ALSO CREATE OPPORTUNITIES OUTSIDE OF CLASSROOM FOR POSITIVE AND ENRICHING EXPERIENCES, SUCH AS A FAMILY SKATE NIGHT AT OUR LOCAL SKATING RINK, A FAMILY MOVIE NIGHT AT OUR LOCAL THEATER, A YOUTH LEADERSHIP CONFERENCE WHERE THE ATTENDEES ARE EXPOSED TO OVER 20 DIFFERENT PROFESSIONS WITH SEVERAL DIFFERENT EDUCATIONAL PATHS, AND A DAY OF FUN AT OUR LOCAL CIVIC CENTER INCLUDING A CHEER CAMP, A BASKETBALL CAMP, AND SOME ADULT BASKETBALL GAMES PLAYED BY SEVERAL DIFFERENT PROFESSIONALS FROM OUR COMMUNITY. WE BELIEVE IT REALLY DOES TAKE A VILLAGE TO HELP RAISE THE NEXT GENERATION AND WE ARE TRYING TO DO OUR PART IN THAT.

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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 $175,162
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $175,162

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,932
Fundraising Expenses $0
Program Expenses $135,018
Other Expenses $35,290
TOTAL EXPENSES $143,222

Year-over-Year Comparison

2023 2022 Change
Revenue $175,162 N/A N/A
Expenses $143,222 N/A N/A
Net Income $31,940 N/A N/A
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
3
Independent Members
3
Employees
23
Volunteers
23

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OLLIE HARRISON PRESIDENT N/A
Officer Director
$0 $0 $0
FRANKLIN BOURN DIRECTOR N/A
Director
$0 $0 $0
MARK ROSE DIRECTOR N/A
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 $175,162 $143,222 $35,860 $31,940
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