Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
EIN 47-0970671 • 501(c)3 • Bannockburn, IL
Profile
The corporation is organized under the general not-for-profit corporation act for purposes of providing financial education and housing counseling to underserved populations and any other charitable, educational or other purpose described in sections 501(c)(3) of the united states internal revenue code of 1986, as amended ("code"). Not withstanding any other provision of these articles of incorporation, the corporation is formed and shall be operated exclusively for one or more tax-exempt purposes specified in section 501(c)(3) of the code. Our mission is to financially empower the community through our direct service programs, volunteer activities, and through community giveback.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$172,131
No earlier filing loaded for comparison.
Liabilities
$13,475
No earlier filing loaded for comparison.
Net Assets
$158,656
No earlier filing loaded for comparison.
Revenue
$107,429
No earlier filing loaded for comparison.
Expenses
$25,481
No earlier filing loaded for comparison.
Net Income
$81,948
No earlier filing loaded for comparison.
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The corporation is organized under the general not-for-profit corporation act for purposes of providing financial education and housing counseling to underserved populations and any other charitable, educational or other purpose described in sections 501(c)(3) of the united states internal revenue code of 1986, as amended ("code"). Not withstanding any other provision of these articles of incorporation, the corporation is formed and shall be operated exclusively for one or more tax-exempt purposes specified in section 501(c)(3) of the code. Our mission is to financially empower the community through our direct service programs, volunteer activities, and through community giveback.
| Description | Grants | Expenses |
|---|---|---|
| FINANCIAL EDUCATION - OUR HUD APPROVED SERVICES WERE OFFERED TO 1,169 HOUSEHOLDS IN 2024. | $11,418 | $20,385 |
| WORKSHOPS - WE PROVIDED 44 FINANICAL WORKSHOPS TO THE GENERAL COMMUNITY AND 96 YOUTH FINANCIAL EDUCATION EVENTS. | $0 | $5,096 |
| VOLUNTEER - 222 EMPLOYEES VOLUNTEERED 4,384 HOURS AT 156 ORGANIZATIONS AND 292 EVENTS IN 2024. | $0 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MATTHEW RIZZIE | Executive Director | FT | $0 | - | - |
| PATRICK BASLER | Board Chair | - | $0 | - | - |
| TOM MONTICELLO | Vice Chair | - | $0 | - | - |
| CATHY CORBI | Secretary/Treasurer | - | $0 | - | - |
| DAVID GOLES | Board Member | - | $0 | - | - |
“Activity classification: united way of lake county. Grantee name: united way of lake county. Grantee relationship: none. Property description: cash. Amount given: 10,000.”
“Activity classification: board quarterly. Grantee name: board quarterly. Grantee relationship: none. Property description: cash. Amount given: 1,418. Total included on form 990-ez, line 10: 11,418.”
“Description: website management & design. Amount: 14,063.”
“Description: glcu payable. Beg. Of year amount: 0. End of year amount: 13,475.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | DONNA WIOREK |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8475787734 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2111 WAUKEGAN ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BANNOCKBURN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60015 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 76708 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 172131 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 104648 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 81948 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 76708 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 172131 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 10910 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 11418 |
| IRS990EZ/GrossReceiptsAmt | 0 | 115558 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 76708 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 158656 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 76708 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 158656 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MATTHEW RIZZIE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PATRICK BASLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TOM MONTICELLO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | CATHY CORBI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DAVID GOLES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY/TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 14063 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE CORPORATION IS ORGANIZED UNDER THE GENERAL NOT-FOR-PROFIT CORPORATION ACT FOR PURPOSES OF PROVIDING FINANCIAL EDUCATION AND HOUSING COUNSELING TO UNDERSERVED POPULATIONS AND ANY OTHER CHARITABLE, EDUCATIONAL OR OTHER PURPOSE DESCRIBED IN SECTIONS 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE OF 1986, AS AMENDED ("CODE"). NOT WITHSTANDING ANY OTHER PROVISION OF THESE ARTICLES OF INCORPORATION, THE CORPORATION IS FORMED AND SHALL BE OPERATED EXCLUSIVELY FOR ONE OR MORE TAX-EXEMPT PURPOSES SPECIFIED IN SECTION 501(C)(3) OF THE CODE. OUR MISSION IS TO FINANCIALLY EMPOWER THE COMMUNITY THROUGH OUR DIRECT SERVICE PROGRAMS, VOLUNTEER ACTIVITIES, AND THROUGH COMMUNITY GIVEBACK. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FINANCIAL EDUCATION - OUR HUD APPROVED SERVICES WERE OFFERED TO 1,169 HOUSEHOLDS IN 2024. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | WORKSHOPS - WE PROVIDED 44 FINANICAL WORKSHOPS TO THE GENERAL COMMUNITY AND 96 YOUTH FINANCIAL EDUCATION EVENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | VOLUNTEER - 222 EMPLOYEES VOLUNTEERED 4,384 HOURS AT 156 ORGANIZATIONS AND 292 EVENTS IN 2024. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 11418 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 20385 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 5096 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 1 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 8129 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 2781 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 13475 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 25481 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 25481 |
| IRS990EZ/TotalRevenueAmt | 0 | 107429 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | GLCU.ORG/FOUNDATION |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 115558 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 50099 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 16209 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10001 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 191867 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 108795 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 83072 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 115558 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 50099 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 16209 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10001 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 191867 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 191867 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: UNITED WAY OF LAKE COUNTY. GRANTEE NAME: UNITED WAY OF LAKE COUNTY. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 10,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: BOARD QUARTERLY. GRANTEE NAME: BOARD QUARTERLY. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 1,418. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 11,418. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: WEBSITE MANAGEMENT & DESIGN. AMOUNT: 14,063. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: GLCU PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 13,475. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MATTHEW RIZZIE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8475787734 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GLCU FOUNDATION FOR |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FINANCIAL EMPOWERMENT |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GLCU |
| ReturnHeader/Filer/EIN | 0 | 470970671 |
| ReturnHeader/Filer/PhoneNum | 0 | 8475787734 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2111 WAUKEGAN ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BANNOCKBURN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60015 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 994260840 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DOEREN MAYHEW |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 305 WEST BIG BEAVER ROAD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | TROY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 48084 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2482443000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-02 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MEGAN MCCANDLISH CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-06T07:55:23-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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