NEW HOPE HOUSE NORTHWEST D/B/A NEW HOPE COMMUNITY FOOD PANTRY (EIN 822980090) - Form 990 Financial Analysis & Trantor Score

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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

2017

Legal Domicile

Principal Officer

REVEREND ROBERT BURKHART

Phone

7736663386

Tax Period

2024-01-01 to 2024-12-31

NEW HOPE HOUSE NORTHWEST D/B/A NEW HOPE COMMUNITY FOOD PANTRY, founded in 2017, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $886K left a modest 12% surplus.

Mission

NEW HOPE HOUSE NORTHWEST IS A VOLUNTEER-DRIVEN FOOD PANTRY DEDICATED TO PROVIDING EMERGENCY FOOD ASSISTANCE TO INDIVIDUALS AND FAMILIES IN NEED. THE PANTRY SERVES CHICAGO'S FAR NORTHWEST SIDE, NORRIDGE, AND HARWOOD HEIGHTS RESIDENTS, AIMING TO SERVE ALL CLIENTS WITH DIGNITY IN A SAFE, WARM, AND WELCOMING ENVIRONMENT.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $998,647

Program Service Revenue $0

Investment Income $1,983

Other Revenue $0

TOTAL REVENUE $1,000,630

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,169

Fundraising Expenses $1,050

Program Expenses $869,881

Other Expenses $840,358

TOTAL EXPENSES $885,527

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,000,630	$742,364	+0.3%
Expenses	$885,527	$758,417	+0.2%
Net Income	$115,103	$-16,053	-8.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$21,170

Total Directors

$21,170

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUTH ANN CHAFFEE	PRESIDENT	5.00	Officer Director	$0	$0	$0
TERRY ROSS	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
REVEREND ROBERT BURKHART	TREASURER	3.00	Officer Director	$0	$0	$0
KATIE RIGGS	SECRETARY	3.00	Officer Director	$0	$0	$0
DONNA OBERHARDT	EXECUTIVE DIRECTOR	20.00	Officer Director	$21,170	$0	$21,170
CATE OKRZESIK	DIRECTOR	3.00	Director	$0	$0	$0
CARRIE LAWLOR	DIRECTOR	3.00	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	$1,000,630	$885,527	$265,549	$115,103
2023	$742,364	$758,417	$150,446	$-16,053
2022	$677,168	$665,367	$172,623	$11,801
2021	$114,191	$138,685	$170,785	$-24,494
2020	$185,531	$114,583	$167,834	$70,948
2019	$194,935	$161,408	$96,886	$33,527

NEW HOPE HOUSE NORTHWEST D/B/A NEW HOPE COMMUNITY FOOD PANTRY