New Horizons Church of Northern Illinois

EIN: 332981721 501(c)(3)

Roscoe, IL

Total Revenue
$325,824
Total Expenses
$37,506
Total Assets
$352,468
Net Assets
$302,468
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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
2024
Legal Domicile
IL
Principal Officer
Scott Stroup
Phone
8152984115
Tax Period
2025-01-01 to 2025-12-31

New Horizons Church of Northern Illinois, founded in 2024, is a small nonprofit that reported $326K in total revenue in fiscal year 2025. Revenue surged 2163% from the prior year, signaling strong growth momentum. The organization ran a surplus of $288K, a strong 88% operating margin.

Mission

Boldly proclaiming Gods word, spreading His love, and making disciples of Jesus Christ

Program Service Accomplishments

Program 1
Expenses: $2,673 Revenue: $0

Worship: New Horizons Church is a religious organization providing members and the broader community with an opportunity to worship basaed upon a fundamental belief that the Bible is Gods word. As a...

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Worship: New Horizons Church is a religious organization providing members and the broader community with an opportunity to worship basaed upon a fundamental belief that the Bible is Gods word. As a new church, we started with no financial resources. Weekly giving by members has allowed us to rent space to conduct our weekly services, pay for visiting clergy to provide regular weekly sermons, develop and start Sunday School classes for the children of these same members. Excess contributions has allowed our congregation to investigate acquiring a permanent facility from which we can provide other services to our members and the community.

Program 2
Expenses: $300 Revenue: $0

Missions: As a Christian organization, we are called to be the "hands and feet of Jesus". Our church attempts to do this through a focus on Missions. As an organization, we have dedicated a portion...

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Missions: As a Christian organization, we are called to be the "hands and feet of Jesus". Our church attempts to do this through a focus on Missions. As an organization, we have dedicated a portion of all the giving our members contribute to specific charitable organizations. These organizations provide needed services to numerous non-profit organizations attempting to give needed services to various segments of underserved individuals like the homeless, individuals with disabilities, youth Christian organizations and others.

Program 3
Expenses: $2,691 Revenue: $0

New Building: As mentioned above, a church needs to have a facility from which we can function as a church. We purchased an abandoned church building which has been essentially abandoned for 15...

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New Building: As mentioned above, a church needs to have a facility from which we can function as a church. We purchased an abandoned church building which has been essentially abandoned for 15 years. It is our plan to bring this facility back to life as a vigorous thriving Christian church to serve the broader community. Expenses listed here are operational, not capital.

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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 $324,514
Program Service Revenue $0
Investment Income $1,310
Other Revenue $0
TOTAL REVENUE $325,824

Expense Breakdown

Grants Paid $300
Salaries & Benefits $24,991
Fundraising Expenses $0
Program Expenses $5,664
Other Expenses $12,215
TOTAL EXPENSES $37,506

Year-over-Year Comparison

2025 2024 Change
Revenue $325,824 $14,400 +21.6%
Expenses $37,506 $250 +149.0%
Net Income $288,318 $14,150 +19.4%
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
9
Independent Members
9
Employees
2
Volunteers
35

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
9
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Scott Stroup Board Chairman 10
Officer
$0 $0 $0
John Shockey Vice Chairman 10
Officer
$0 $0 $0
Thomas Vojtech Board Secretary 10
Officer
$0 $0 $0
Mary Ellen Doden Board Treasurer 10
Officer
$0 $0 $0
Betty Akerlund Board Member 8
Officer
$0 $0 $0
Harold Danger Board Member 8
Officer
$0 $0 $0
Brett Lundsten Board Member 8
Officer
$0 $0 $0
Dennis Kentner Board Member 8
Officer
$0 $0 $0
Harlan Roeske Board Member 8
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
2025 $325,824 $37,506 $352,468 $288,318
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