The Initiative
Carol Stream, Illinois
B-Health Score
48B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$77K
Total Revenue
📊
$85K
Total Expenses
🏦
$9K
Net Assets
📋
$6K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-34.8%
Year-over-year change (2022 → 2023)
Net Margin
-10.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.11
Net assets divided by total expenses
Liabilities-to-Assets
38.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $76,763↓35% | $84,906↓14% | $14,936↓35% | |
| 2022 | $117,687↑210% | $98,885↑34% | $23,079↑81% | — |
| 2021 | $37,962↓59% | $73,857↓6% | $12,716↓63% | — |
| 2020 | $93,053↑15% | $78,457↓20% | $34,374↑74% | — |
| 2019 | $81,213↓56% | $98,235↓47% | $19,778↓46% | — |
| 2018 | $185,209↓3% | $187,106↓4% | $36,800↓5% | — |
| 2017 | $191,806↑24% | $194,924↑30% | $38,697↓7% | — |
| 2016 | $154,714↓17% | $150,343↓21% | $41,815↑12% | — |
| 2015 | $185,500↓7% | $189,920↑2% | $37,444↓11% | — |
| 2014 | $199,305↑4% | $186,627↓5% | $41,864↑43% | — |
| 2013 | $192,478↓15% | $197,182↓9% | $29,186↓14% | — |
| 2012 | $227,554↑17% | $216,042↑20% | $33,890↑51% | — |
| 2011 | $194,085 | $180,656 | $22,378 | — |
Frequently Asked Questions
What does The Initiative do?▼
The Initiative is a religion-related nonprofit organization based in Illinois. It is classified under NTEE code X20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Initiative financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for The Initiative.
How much revenue does The Initiative generate?▼
The Initiative reports $81K in annual revenue and holds $54K in total assets, based on IRS filings.
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