PROOFING STATION

EIN: 881821857 501(c)(3) Philanthropy & Grantmaking

CHICAGO, IL

Total Revenue
$10,424,792
Total Expenses
$199,227
Total Assets
$10,727,815
Net Assets
$10,225,565
🔒

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
2022
Legal Domicile
IL
Principal Officer
CORTNEY RENTON
Phone
3123244338
Tax Period
2023-01-01 to 2023-12-31

PROOFING STATION, founded in 2022, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $10.4M in total revenue in fiscal year 2023. The organization ran a surplus of $10.2M, a strong 98% operating margin.

Mission

PROOFING STATION INCREASES ACCESS TO CAPITAL FOR ORGANIZATIONS THAT SUPPORT THE MIDWEST REGIONAL FOOD AND AGRICULTURAL ECOSYSTEM AND THAT HAVE HISTORICALLY BEEN UNDERSERVED AND MARGINALIZED AND PROVIDING TECHNICAL ASSISTANCE SUPPORT THAT ADVANCES ECOLOGICAL SUSTAINABILITY, SOCIAL AND RACIAL EQUITY, AND ECONOMIC RESILIENCE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $10,250,000
Program Service Revenue $0
Investment Income $174,792
Other Revenue $0
TOTAL REVENUE $10,424,792

Expense Breakdown

Grants Paid $0
Salaries & Benefits $48,156
Fundraising Expenses $0
Other Expenses $151,071
TOTAL EXPENSES $199,227

Year-over-Year Comparison

2023 2022 Change
Revenue $10,424,792 N/A N/A
Expenses $199,227 N/A N/A
Net Income $10,225,565 N/A N/A
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
4
Independent Members
4
Employees
1
Volunteers
5

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
3
$0
Total Directors
2
$36,720
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CORNTEY RENTON EXECUTIVE DIRECTOR 40.00
Director
$36,720 $0 $36,720
SARAH MCGRAW REICHERT BOARD MEMBER 2.00
Director
$0 $0 $0
BRUCE KARMAZIN BOARD CHAIR AND TREASURER 2.00
Officer
$0 $0 $0
SHELBY PARCHMAN BOARD SECRETARY 2.00
Officer
$0 $0 $0
ERICA KING BOARD MEMBER 2.00
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 $10,424,792 $199,227 $10,727,815 $10,225,565
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PROOFING STATION with other nonprofits in Illinois and across the country.