McHenry County ECO Farm NFP

EIN: 922928602 501(c)(3) Food, Agriculture & Nutrition

Huntley, IL

Total Revenue
$190,350
Total Expenses
$21,309
Total Assets
$568,984
Net Assets
$174,523
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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
2022
Legal Domicile
IL
Principal Officer
Younglim Lee
Phone
3179083312
Tax Period
2024-01-01 to 2024-12-31

McHenry County ECO Farm NFP, founded in 2022, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $190K in total revenue in fiscal year 2024. Revenue surged 3094% from the prior year, signaling strong growth momentum. The organization ran a surplus of $169K, a strong 89% operating margin.

Mission

Teach sustainable farming, provide food to food pantries.

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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 (2024)

Revenue Breakdown

Contributions & Grants $190,350
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $190,350

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $7,318
Program Expenses $7,531
Other Expenses $21,309
TOTAL EXPENSES $21,309

Year-over-Year Comparison

2024 2023 Change
Revenue $190,350 $5,960 +30.9%
Expenses $21,309 $478 +43.6%
Net Income $169,041 $5,482 +29.8%
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
5
Independent Members
5
Employees
N/A
Volunteers
10

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Younglim Lee President 010.00
Director
$0 $0 $0
Deborah Galen Treasurer 002.00
Director
$0 $0 $0
Silvana Tosic Director 003.00
Director
$0 $0 $0
Laurie Urbancik Secretary 002.00
Director
$0 $0 $0
Larry Lustig Director 001.00
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 $190,350 $21,309 $568,984 $169,041
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