ROCKFORD NEW HOPE INC

EIN: 364034061 501(c)(3)

ROCKFORD, IL

Total Revenue
N/A
Total Expenses
$5,632
Total Assets
N/A
Net Assets
N/A
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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
1995
Legal Domicile
IL
Principal Officer
VIRGINIA GULLY
Phone
8153990208
Tax Period
2023-10-01 to 2024-09-30

Mission

PROVIDE LOW INCOME HOUSING

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $945
Other Expenses $5,632
TOTAL EXPENSES $5,632

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $63,522 -1.0%
Expenses $5,632 $94,070 -0.9%
Net Income N/A $-30,548 N/A
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
8
Independent Members
8
Employees
N/A
Volunteers
8

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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STANLEY CAMPBELL DIRECTOR N/A
Director
$0 $0 $0
MARJORIE DOLL TREASURER N/A
Officer Director
$0 $0 $0
VIRGINIA GULLY PRESIDENT N/A
Officer Director
$0 $0 $0
R DOUGLAS HERRIOTT DIRECTOR N/A
Director
$0 $0 $0
ELAINE HUTCHCROFT DIRECTOR N/A
Director
$0 $0 $0
STEVE JAYCOX DIRECTOR N/A
Director
$0 $0 $0
AMANDA ORLANDO SECRETARY N/A
Officer Director
$0 $0 $0
PETER ORLANDO VICE PRESIDE N/A
Officer 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
2024 No data $5,632 No data No data
2023 $63,522 $94,070 $256,761 $-30,548
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