BREAKING GROUND INC

EIN: 363860188 501(c)(3) Human Services

CHICAGO, IL

Total Revenue
$85,306
Total Expenses
$394,800
Total Assets
$573,048
Net Assets
$80,425
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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
1992
Legal Domicile
IL
Principal Officer
JOSEPH PRUITT
Phone
7732651370
Tax Period
2024-01-01 to 2024-12-31

BREAKING GROUND INC, founded in 1992, is a micro nonprofit in the Human Services sector that reported $85K in total revenue in fiscal year 2024. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $395K exceeded revenue, resulting in a 363% operating deficit.

Mission

TO EDUCATE AND EMPOWER FAMILIES TO GAIN TOOLS TO SELF-SUFFICIENCY AND PERSONAL GROWTH THROUGH CONSTRUCTION OF AFFORDABLE HOMES AND INCUBATING NEW LOCALLY LED CONSTRUCTION COMPANIES

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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 $5,640
Program Service Revenue $79,637
Investment Income $29
Other Revenue $0
TOTAL REVENUE $85,306

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,621
Fundraising Expenses $0
Program Expenses $376,463
Other Expenses $377,179
TOTAL EXPENSES $394,800

Year-over-Year Comparison

2024 2023 Change
Revenue $85,306 $3,815,807 -1.0%
Expenses $394,800 $3,746,019 -0.9%
Net Income $-309,494 $69,788 -5.4%
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
3
Independent Members
3
Employees
2
Volunteers
50

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
1
$5,385
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH PRUITT EXECUTIVE DIRECTOR 35
Officer
$5,385 $0 $5,385
ALANA MARTIN DIRECTOR 10
Director
$0 $0 $0
JOSEOH CHACKO DIRECTOR 10
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 No data No data No data No data
2024 $85,306 $394,800 $573,048 $-309,494
2023 $3,815,807 $3,746,019 $1,241,411 $69,788
2022 $853,496 $1,021,893 $941,922 $-168,397
2021 $356,155 $338,829 $1,016,028 $17,326
2020 $622,316 $697,709 $1,165,208 $-75,393
2019 $1,103,960 $1,306,140 $1,040,024 $-202,180
2018 $1,040,224 $1,072,649 $1,387,841 $-32,425
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