FUNDING NEW BEGINNINGS COMMUNITY FOUNDATION

EIN: 300290901 501(c)(3) Human Services

PROPHETSTOWN, IL

Total Revenue
$455,186
Total Expenses
$-85,010
Total Assets
$6,267,260
Net Assets
$6,267,260
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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
2006
Legal Domicile
IL
Principal Officer
NICHOLAS EMMERSON
Phone
8155372348
Tax Period
2025-01-01 to 2025-12-31

FUNDING NEW BEGINNINGS COMMUNITY FOUNDATION, founded in 2006, is a small nonprofit in the Human Services sector that reported $455K in total revenue in fiscal year 2025. Revenue fell 61% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $540K, a strong 119% operating margin.

Mission

SUPPORT OF COMMUNITY ACTIVITIES

Program Service Accomplishments

Program 1
Expenses: $75,318 Revenue: $0

GRANTS TO PROPHETSTOWN CUSD #3 SCHOOL DISTRICT (VARIOUS PROJECTS). aPPROXIMATELY 1,000 STUDENTS SERVED. APPROXIMATELY 30 SEPARATE GRANTS WERE APPROVED.

Program 2
Expenses: $70,550 Revenue: $0

SCHOLARSHIP AWARDS - AREA STUDENTS. APPROXIMATELY 50 GRANTS WERE APPROVED AND FUNDED.

Program 3
Expenses: $75,685 Revenue: $0

DONATIONS TO AREA NON-PROFIT GROUPS

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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 (2025)

Revenue Breakdown

Contributions & Grants $213,893
Program Service Revenue $0
Investment Income $241,293
Other Revenue $0
TOTAL REVENUE $455,186

Expense Breakdown

Grants Paid $221,553
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $221,553
Other Expenses $-306,563
TOTAL EXPENSES $-85,010

Year-over-Year Comparison

2025 2024 Change
Revenue $455,186 $1,161,262 -0.6%
Expenses $-85,010 $10,437 -9.1%
Net Income $540,196 $1,150,825 -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
7
Independent Members
7
Employees
N/A
Volunteers
10

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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARETT PLUMLEY PRESIDENT 1.00
Director
$0 $0 $0
MEGAN THOMPSON VICE PRESIDENT 0.50
Director
$0 $0 $0
JANET GOODELL DIRECTOR 0.50
Director
$0 $0 $0
MICHELE WILLIAMS DIRECTOR 0.50
Director
$0 $0 $0
CONNIE JOHNSON SECRETARY 0.50
Director
$0 $0 $0
TOM GREEN DIRECTOR 0.50
Director
$0 $0 $0
WHITNEY DEWITTE DIRECTOR 0.50
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 $455,186 $-85,010 $6,267,260 $540,196
2024 No data No data No data No data
2023 $217,103 $-262,715 $4,576,239 $479,818
2022 $146,760 $666,425 $4,096,421 $-519,665
2020 $230,987 $145,222 $4,409,649 $85,765
2019 $321,177 $141,600 $4,078,089 $179,577
2018 $576,938 $113,355 $3,537,048 $463,583
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