HOPE CHEST INC

EIN: 363982573 501(c)(3) Human Services

LA GRANGE, IL

Total Revenue
$467,731
Total Expenses
$427,247
Total Assets
$144,364
Net Assets
$135,213
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
IL
Principal Officer
DIANE ASLESON
Phone
7084820359
Tax Period
2024-07-01 to 2025-06-30

HOPE CHEST INC, founded in 1994, is a small nonprofit in the Human Services sector that reported $468K in total revenue in fiscal year 2024. Expenses of $427K left a modest 9% surplus.

Mission

THROUGH THE OPERATION OF A UP SCALE THRIFT SHOP, THE HOPE CHEST PROVIDES FUNDING TO THE CONSTANCE MORRIS HOUSE (CMH), A DOMESTIC VIOLENCE SHELTER AND BRANCH OF PILLARS COMMUNITY HEALTH. THE THRIFT SHOP ALSO USES ITS PROFITS TO PURCHASE CLOTHING AND HOUSEHOLD ITEMS FOR CMH AS NEEDED AND PAYS CERTAIN UTILITY BILLS FOR CMH. CMH IS AN EMERGENCY RESIDENTIAL SHELTER FOR WOMEN AND CHILDREN FLEEING FROM FAMILY VIOLENCE. THE SHELTER CAN ACCOMMODATE 25 WOMEN AND CHILDREN AT ANY GIVEN TIME.

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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 $8,383
Program Service Revenue $457,619
Investment Income $0
Other Revenue $1,729
TOTAL REVENUE $467,731

Expense Breakdown

Grants Paid $215,910
Salaries & Benefits $97,696
Fundraising Expenses $0
Program Expenses $414,847
Other Expenses $113,641
TOTAL EXPENSES $427,247

Year-over-Year Comparison

2024 2023 Change
Revenue $467,731 $485,725 0.0%
Expenses $427,247 $511,889 -0.2%
Net Income $40,484 $-26,164 -2.5%
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

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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
5
Independent Members
5
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY ROONEY BOARD MEMBER 1.00
Director
$0 $0 $0
BARRY FRANKS BOARD MEMBER 1.00
Director
$0 $0 $0
CARRIE FRECH BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE CONGER PRESIDENT 2.00
Officer
$0 $0 $0
DIANE ASLESON TREASURER 2.00
Officer
$0 $0 $0
KATY VANVLIET SECRETARY 2.00
Officer
$0 $0 $0
CATHERINE WASHBURN BOARD MEMBER 1.00
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 $467,731 $427,247 $144,364 $40,484
2024 $485,725 $511,889 $101,310 $-26,164
2023 $462,063 $460,149 $126,837 $1,914
2022 $388,052 $381,497 $125,704 $6,555
2021 $295,543 $237,971 $130,488 $57,572
2020 $279,331 $293,783 $81,859 $-14,452
2019 $296,892 $296,923 $79,486 $-31
2018 $263,296 $272,984 $73,659 $-9,688
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