The Peace Corner Inc

EIN: 202940156 501(c)(3)

Chicago, IL

Total Revenue
$85,811
Total Expenses
$4,044,101
Total Assets
$23,910
Net Assets
$-2,061,826
🔒

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
2005
Legal Domicile
IL
Principal Officer
Ami Novoryta
Phone
3126557000
Tax Period
2023-07-01 to 2024-06-30

The Peace Corner Inc, founded in 2005, is a micro nonprofit that reported $86K in total revenue in fiscal year 2023. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $4.0M exceeded revenue, resulting in a 4613% operating deficit.

Mission

Peace Corner Youth Center operates a youth center in the Austin neighborhood of Chicago, Illinois. The youth center provides a safe haven for the youth in a neighborhood usually characterized by violence and crime.

🔒

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 $4,630
Program Service Revenue $0
Investment Income $81,181
Other Revenue $0
TOTAL REVENUE $85,811

Expense Breakdown

Grants Paid $0
Salaries & Benefits $369,244
Fundraising Expenses $0
Program Expenses $783,570
Other Expenses $3,674,857
TOTAL EXPENSES $4,044,101

Year-over-Year Comparison

2023 2022 Change
Revenue $85,811 $1,821,734 -1.0%
Expenses $4,044,101 $442,816 +8.1%
Net Income $-3,958,290 $1,378,918 -3.9%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
$701,856
Total Directors
3
$701,856
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elida Hernandez Treasurer 1.00
Officer Director
$0 $43,730 $306,724
Ami Novoryta President 1.00
Officer Director
$0 $39,005 $288,659
Gina Cleggs President 1.00
$0 $26,351 $253,881
Sarah Loffman Secretary 1.00
Officer Director
$0 $34,869 $106,473
Enrique Alonso Secretary 1.00
$0 $14,202 $88,747
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 $85,811 $4,044,101 $23,910 $-3,958,290
2023 $1,821,734 $442,816 $1,954,793 $1,378,918
2022 $32,494 $437,263 $1,173,372 $-404,769
2021 $225,596 $389,723 $1,278,382 $-164,127
2020 $246,886 $398,338 $1,722,008 $-151,452
2019 $224,775 $462,637 $1,618,680 $-237,862
2018 $379,687 $465,076 $1,813,060 $-85,389
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare The Peace Corner Inc with other nonprofits in Illinois and across the country.