NEW ORIGINAL MINISTRIES INC

EIN: 364280685 501(c)(3) Employment

CHICAGO, IL

Total Revenue
$776,210
Total Expenses
$955,964
Total Assets
$82,562
Net Assets
$108,855
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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
2002
Legal Domicile
IL
Tax Period
2022-01-01 to 2022-12-31

NEW ORIGINAL MINISTRIES INC, founded in 2002, is a small nonprofit in the Employment sector that reported $776K in total revenue in fiscal year 2022. Expenses of $956K exceeded revenue, resulting in a 23% operating deficit.

Mission

EDUCATION OF CHILDREN

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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 (2022)

Revenue Breakdown

Contributions & Grants $776,210
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $776,210

Expense Breakdown

Grants Paid $0
Salaries & Benefits $734,929
Fundraising Expenses $0
Program Expenses $734,929
Other Expenses $221,035
TOTAL EXPENSES $955,964

Year-over-Year Comparison

2022 2021 Change
Revenue $776,210 $804,704 0.0%
Expenses $955,964 $643,977 +0.5%
Net Income $-179,754 $160,727 -2.1%
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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
0
$0
Key Employees
3
$172,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cheryl Giscombe executive director 30.00
Key Emp
$49,000 $0 $49,000
Arlene Chandler program director 30.00
Key Emp
$74,000 $0 $74,000
Toby Jackson bookeeper 30.00
Key Emp
$49,000 $0 $49,000
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
2022 $776,210 $955,964 $82,562 $-179,754
2021 $804,704 $643,977 $356,183 $160,727
2020 $722,359 $749,437 $574,316 $-27,078
2019 $280,403 $301,135 $42,938 $-20,732
2018 $316,535 $290,489 $50,511 $26,046
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