FAITH IN ACTION OF BLOOMINGTON NORMAL

EIN: 261761652 501(c)(3) Human Services

NORMAL, IL

Total Revenue
$275,613
Total Expenses
$235,221
Total Assets
$532,378
Net Assets
$510,186
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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
2008
Legal Domicile
IL
Principal Officer
RICHARD PHILLIPS
Phone
3098277780
Tax Period
2024-01-01 to 2024-12-31

FAITH IN ACTION OF BLOOMINGTON NORMAL, founded in 2008, is a small nonprofit in the Human Services sector that reported $276K in total revenue in fiscal year 2024. Expenses of $235K left a modest 15% surplus.

Mission

PROVIDE SPIRITUAL, EMOTIONAL, AND PHYSICAL ASSISTANCE TO SENIOR CITIZENS, ELIGIBLE PERSONS WITH DISABILITIES, AND THEIR CAREGIVERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $244,817
Program Service Revenue $0
Investment Income $17,739
Other Revenue $13,057
TOTAL REVENUE $275,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $163,929
Fundraising Expenses $53,985
Program Expenses $128,082
Other Expenses $71,292
TOTAL EXPENSES $235,221

Year-over-Year Comparison

2024 2023 Change
Revenue $275,613 $287,670 0.0%
Expenses $235,221 $206,177 +0.1%
Net Income $40,392 $81,493 -0.5%
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
16
Independent Members
16
Employees
7
Volunteers
400

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
6
$0
Total Directors
19
$54,923
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael O'Donnell Past President 2.00
Officer Director
$0 $0 $0
Robert Hillmer President Elect 1.50
Officer Director
$0 $0 $0
Christine McNeal President 1.50
Officer Director
$0 $0 $0
Richard Phillips Treasurer 2.00
Officer Director
$0 $0 $0
Martha Hillmer Secretary 1.50
Officer Director
$0 $0 $0
Faye Andris Member at Large 1.00
Officer Director
$0 $0 $0
Emily Buhrow Member at Large 1.00
Director
$0 $0 $0
Mike Carroll Member at Large 1.00
Director
$0 $0 $0
Teresa Dubravec Member at Large 1.00
Director
$0 $0 $0
Gabriella Harnish Member at Large 1.00
Director
$0 $0 $0
Aggie Hedin Member at Large 1.00
Director
$0 $0 $0
Sandy Holcomb Member at Large 1.00
Director
$0 $0 $0
Virginia Jordan-Benson Member at Large 1.00
Director
$0 $0 $0
Molly Johnson Member at Large 1.00
Director
$0 $0 $0
Krista Sheppard Member at Large 1.00
Director
$0 $0 $0
Richard Staley Member at Large 1.00
Director
$0 $0 $0
Mike Wiese Member at Large 1.00
Director
$0 $0 $0
Christopher Schilling Member at Large 1.00
Director
$0 $0 $0
Darla Heath Executive Director 38.00
Director
$54,923 $0 $54,923
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 $275,613 $235,221 $532,378 $40,392
2023 $287,670 $206,177 $473,256 $81,493
2022 $191,795 $190,181 $390,926 $1,614
2021 $243,918 $192,897 $392,991 $51,021
2020 $226,900 $171,643 $342,076 $55,257
2019 $187,216 $171,281 $286,606 $15,935
2018 $217,287 $162,915 $276,940 $54,372
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