THE EXODUS PROJECTS

EIN: 811200149 501(c)(3)

CRETE, IL

Total Revenue
$246,224
Total Expenses
$84,047
Total Assets
$318,550
Net Assets
$242,214
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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
2016
Legal Domicile
IL
Principal Officer
COREY BUCHANAN
Phone
7086727520
Tax Period
2023-01-01 to 2023-12-31

THE EXODUS PROJECTS, founded in 2016, is a small nonprofit that reported $246K in total revenue in fiscal year 2023. Revenue surged 283% from the prior year, signaling strong growth momentum. The organization ran a surplus of $162K, a strong 66% operating margin.

Mission

WE ARE A COMMUNITY OF DISCIPLES COMMITTED TO SERVE URBAN COMMUNITIES BY ADOPTING FAMILIES, MAKING DISCIPLES, AND PLANTING CHURCHES. OUR VISION IS TO BE A BRIDGE FROM THE COMMUNITY TO THE CHURCH. WE EXIST TO SERVE THE URBAN COMMUNITY, MAKE DISCIPLES, AND DEVELOP LOCAL, NATIONAL AND INTERNATIONAL MISSIONARIES. THIS MINISTRY CONSISTS OF CREATING AND IMPLEMENTING VARIOUS PROGRAMS AND ACTIVITIES TO SERVE THE COMMUNITY. THE EXODUS PROJECTS PROVIDES OPPORTUNITIES FOR KIDS TO INTERACT WITH PEOPLE WHO CARE ABOUT THEM. JUST AS IMPORTANT IS THAT OUR OUTREACH PROVIDES OPPORTUNITY FOR OUR VOLUNTEERS TO SERVE, BLESS AND SHOW LOVE TO SOME OF THE MOST UNDERSERVED CHILDREN IN AMERICA. MANY OF OUR EVENTS ARE NON- THREATENING AND SIMPLY CONSIST OF SPENDING SOME TIME WITH OFTEN NEGLECTED CHILDREN. OFTEN OUR TIME IS OUR WITNESS.

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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 $232,097
Program Service Revenue $0
Investment Income $0
Other Revenue $14,127
TOTAL REVENUE $246,224

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $69,142
Other Expenses $84,047
TOTAL EXPENSES $84,047

Year-over-Year Comparison

2023 2022 Change
Revenue $246,224 $64,309 +2.8%
Expenses $84,047 $108,904 -0.2%
Net Income $162,177 $-44,595 -4.6%
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
7
Independent Members
N/A
Employees
N/A
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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COREY BUCHANAN PRESIDENT 10.00
Officer Director
$0 $0 $0
ANTHONY BUCK SECRETARY 1.00
Officer Director
$0 $0 $0
RICH VANTIL TREASURER 1.00
Officer Director
$0 $0 $0
TIM GIBBONS DIRECTOR 1.00
Director
$0 $0 $0
SHERMAN TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
WILLARD HIGH DIRECTOR 1.00
Director
$0 $0 $0
REBECCA DEBOER DIRECTOR 1.00
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 No data No data No data
2023 $246,224 $84,047 $318,550 $162,177
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