The Church of Jesus Christ of Latter-Day Saints Chicago First Ward Trust

EIN: 456721810 501(c)(3)

Chicago, IL

Total Revenue
$50,327
Total Expenses
$50,586
Total Assets
$933,621
Net Assets
$933,621
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IL
Principal Officer
Kristin Kutter
Phone
7736312861
Tax Period
2021-01-01 to 2021-12-31

The Church of Jesus Christ of Latter-Day Saints Chicago First Ward Trust, founded in 2010, is a micro nonprofit that reported $50K in total revenue in fiscal year 2021. Revenue fell 65% from the prior year — a significant decline worth monitoring. Net assets of $934K represent 223 months of operating reserves.

Mission

To assist members of the Church of Jesus Christ of Latter Day Saints living in the geographic area of the Chicago 1st Ward with education, training, medical and any other resouce deemed appropriate by the committee.

Program Service Accomplishments

Program 1
Expenses: $12,000

Centro Romero

Program 2
Expenses: $12,000

Lydia House

Program 3
Expenses: $12,000

St. John Food Pantry

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $50,327
Other Revenue $0
TOTAL REVENUE $50,327

Expense Breakdown

Grants Paid $36,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $50,586
Other Expenses $14,586
TOTAL EXPENSES $50,586

Year-over-Year Comparison

2021 2020 Change
Revenue $50,327 $144,021 -0.7%
Expenses $50,586 $144,700 -0.7%
Net Income $-259 $-679 -0.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
4
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kristin Kutter Chairman 1.00
Director
$0 $0 $0
Michael P Schulz Committee Member 0.50
Director
$0 $0 $0
Deborah A Ostvig Committee Member 0.50
Director
$0 $0 $0
Tirza Alverado-Villagomez Committee Member 0.50
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
2021 $50,327 $50,586 $933,621 $-259
2020 $144,021 $144,700 $994,152 $-679
2019 $56,841 $57,288 $1,048,736 $-447
2018 $54,854 $54,649 $1,004,263 $205
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare The Church of Jesus Christ of Latter-Day Saints Chicago First Ward Trust with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.