2026-03-13T11:39:26-05:00 2023-12-31 371119790 MH CPA PLLC 2110 CLEARLAKE BLVD STE 200 CHAMPAIGN IL 61822 990 2023-01-01 320074485 SALT AND LIGHT NFP SALT 2173555654 1819 S PHILO RD URBANA IL 61802 NATHAN MONTGOMERY EXECUTIVE DIRECTOR 2173555654 2026-03-09 1 1 AINDREA N BALAGNA CPA P00852053 2173512000 2026-03-07 2023 2025-03-06 01:10:19Z X X NATHAN MONTGOMERY 1819 S PHILO RD URBANA IL 61802 5655099 0 X HTTPS://SALTANDLIGHTMINISTRY.ORG/ X 2003 IL SHARING THE LOVE OF GOD BY PROVIDING OPPORTUNITIES FOR THOSE LIVING IN POVERTY TO EQUIP THEMSELVES WITH THE TOOLS THEY NEED TO CREATE LASTING CHANGE IN THEIR LIVES. 10 10 89 1440 0 0 1035763 2781619 2897166 2824631 0 0 22161 48849 3955090 5655099 0 0 0 0 1488797 1657336 0 0 120322 1967756 3531453 3456553 5188789 498537 466310 2849796 3412816 2739986 2836696 109810 576120 X SHARING THE LOVE OF GOD BY PROVIDING OPPORTUNITIES FOR THOSE LIVING IN POVERTY TO EQUIP THEMSELVES WITH THE TOOLS THEY NEED TO CREATE LASTING CHANGE IN THEIR LIVES. 0 0 962218 FOOD PANTRY: A MEMBERSHIP-BASED PROGRAM THAT PROVIDES INDIVIDUALS THE OPPORTUNITY TO USE THEIR SKILLS, TALENTS, GIFTS, AND ABILITIES TO PROVIDE FOOD FOR THEMSELVES AND THEIR FAMILIES. 3597645 2873480 THRIFT STORE: THE STORE SERVES FAMILIES AND INDIVIDUALS STRUGGLING WITH CHRONIC FOOD SECURITY ISSUES AS WELL AS OTHER HOUSEHOLD NEEDS. ALL AREAS OF THE STORE ARE OPEN TO THE COMMUNITY. THE VOLUNTEER ASPECT OF THE PROGRAM ALSO CREATES MEANINGFUL EMPLOYMENT AND TRAINING OPPORTUNITIES. 147319 EDUCATION: THROUGH THE NINE-WEEK FINANCIAL PEACE UNIVERSITY (FPU), AND THE TWELVE-WEEK FAITH AND FINANCE PROGRAM, THE ORGANIZATION PROVIDES INDIVIDUALS THE OPPORTUNITY TO LEARN TOOLS THAT WILL HELP THEM TO THINK BEYOND THEIR SHORT-TERM NEEDS AND PUT THEIR FINANCIAL HOUSE IN ORDER. THERE TWO COMPREHENSIVE PROGRAMS TEACH HOW TO GET OUT OF DEBT, BUDGET FOR EXPENSES, PLAN FOR EMERGENCIES, AND ESTABLISH A FINANCIAL FUTURE THAT INCLUDES GIVING TO OTHERS IN NEED. THE TWO PROGRAMS ARE ON TWO DIFFERENT LEVELS OF EDUCATION TO ACCOMODATE ANY NEED. THE COMPUTER LAB PROGRAM IS DESIGNED TO TEACH BASIC COMPUTER SKILLS AND PROVIDE BASIC COMPUTER ACCESS FOR CHILDREN AND ADULTS IN THE COMMUNITIES. JOBS FOR LIFE IS DESIGNED TO PROVIDE TRAINING COURSES FOR ADULTS AND IT INCORPORATES BIBLICAL TRUTHS AND STORIES TO HELP MEN AND WOMEN UNDERSTAND THEIR DIGNITY AND GOD-GIVEN IDENTITY AND GIFTS, DEVELOP CHARACTER, AND FOSTER A SUPPORTIVE COMMUNITY THAT WILL EQUIP THEM FOR WORK AND LIFE. THE ADVOCACY PROGRAM IS DESIGNED TO PAIR TRAINED VOLUNTEERS WITH PARTICIPANTS IN PEER SUPPORTIVE RELATIONSHIPS THAT BOTH EMPOWER AND EQUIP PARTICIPANTS WITH THE TOOLS THEY NEED TO CREATE LASTING CHANGE IN THEIR LIVES. 4707182 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 89 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 0 0 IL X X SALT AND LIGHT NFP 2173555654 1819 S PHILO RD URBANA IL 61802 ALISON SMITH CHAIR 4.00 X X 0 0 0 RYAN MAJERES VICE CHAIR 4.00 X X 0 0 0 DESA PHETCHAREUN TREASURER 4.00 X X 0 0 0 LAMAR SCHROCK SECRETARY 4.00 X X 0 0 0 DREW MARTIN BOARD MEMBER 4.00 X 0 0 0 JOSUE PERNILLO BOARD MEMBER 4.00 X 0 0 0 DAE KANG BOARD MEMBER 4.00 X 0 0 0 MARY MCGREW BOARD MEMBER - TERM STARTED 8/2023 4.00 X 0 0 0 SAM LIMENTATO BOARD MEMBER - TERM STARTED 8/2023 4.00 X 0 0 0 PAM LAU BOARD MEMBER - TERM ENDED 2/2023 4.00 X 0 0 0 SKY SANBORN BOARD MEMBER - TERM ENDED 3/2023 4.00 X 0 0 0 NATHAN MONTGOMERY EXECUTIVE DIRECTOR 45.00 X 66538 0 11139 66538 0 11139 0 0 0 0 0 591904 2189715 1736696 2781619 RETAIL SALES 445100 2466132 2466132 SALVAGE REVENUE 459510 358499 358499 2824631 MISCELLANEOUS 900099 48849 48849 48849 5655099 2873480 0 0 81140 12171 40570 28399 1355999 1231973 81789 42237 104128 98762 3870 1496 116069 101132 9505 5432 126812 126812 11285 9833 924 528 48949 42649 4009 2291 423266 368791 34667 19808 22343 19467 1830 1046 108406 94455 8878 5073 64686 56362 5297 3027 33017 28768 2704 1545 COST OF GOODS SOLD 2467076 2467076 REPAIRS AND MAINTENANCE 89956 78378 7368 4210 MISCELLANEOUS EXPENSES 29951 26097 2452 1402 FIXTURES AND EQUIPMENT 29678 25859 2430 1389 76028 45409 28180 2439 5188789 4707182 361285 120322 274599 193172 22633 59378 232828 233538 27634 27259 2551230 306972 2292036 2244258 66 655211 2849796 3412816 385399 544733 2354587 2291963 2739986 2836696 X 109810 576120 109810 576120 2849796 3412816 466310 0 X X 0 1 X 1 0 X 701763 690019 487008 1035763 2189715 5104268 701763 690019 487008 1035763 2189715 5104268 5104268 27 27 18 17816 7636 22161 48849 96480 5200775 12633475 0.98140 0.98500 X 564732 564732 1681484 62564 1618920 71959 65969 5990 233055 178439 54616 2244258 RIGHT OF USE ASSET - FINANCE LEASE 63307 EMPLOYEE RENTION CREDIT RECEIVABLE 591904 655211 X 5655099 0 5655099 0 5655099 5188789 0 5188789 0 5188789 PART X, LINE 2: THE ORGANIZATION DID NOT FILE TIMELY FORM AG990-IL INFORMATIONAL TAX RETURNS FOR FISCAL YEARS 2023 AND 2024, AND FEDERAL FORM 990 FOR THE YEAR ENDED 2024. THE ORGANIZATION DID FILE TIMELY FEDERAL FORM 990 FOR THE YEAR ENDED 2023 THAT WILL BE AMENDED. WHILE THE RETURNS WERE EXTENDED TO NOVEMBER 15, 2024 AND 2025, RESPECTIVELY, FOR FEDERAL AND ILLINOIS, AS OF FEBRUARY 9, 2026, THE DATE OF THE INDEPENDENT AUDITOR'S REPORT, HOWEVER, BOTH FILINGS ARE PAST DUE. THE DELINQUENT FILINGS CREATE AN OVERALL UNCERTAIN TAX POSITION FOR THE ORGANIZATION. GIVEN THE ORGANIZATION WAS IN GOOD STANDING AS OF THE DATE OF THESE FINANCIAL STATEMENTS AND GIVEN THE IRS'S ADMINISTRATIVE HISTORY OF ABATING SIMILAR PENALTIES FOR NONPROFITS IN NONFRAUD SITUATIONS, NO ACCRUAL FOR POTENTIAL LIABILITIES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS. X 1735896 RESALE VALUE 0 0 0 FORM 990, HEADING, BOX B - AMENDED RETURN DUE TO ECONOMIC HARDSHIP THE ORGANIZATION WAS FORCED TO POSTPONE THE AUDIT OF THEIR 2023 FINANCIAL STATEMENTS BUT DECIDED TO FILE ITS FORM 990 FOR 2023 TIMELY. THE ORIGINAL 2023 FORM 990 WAS PREPARED WITH THE FINANCIAL RECORDS THAT WERE AVAILABLE AT THE TIME THE RETURN WAS FILED ON NOVEMBER 15, 2024. BASED ON PRIOR FINANCIAL STATEMENT AUDITS THE ORGANIZATION HAD NO REASON TO BELIEVE THAT THE AUDIT OF THEIR 2023 FINANCIAL STATEMENTS WOULD RESULT IN ANY MATERIAL CHANGES. THE 2023 AUDITED FINANCIAL STATEMENTS WERE PRESENTED TO THE ORGANIZATION ON FEBRUARY 9, 2026. THEY CONTAIN THREE SIGNIFICANT CHANGES TO THE ORGANIZATION'S FINANCIAL STATEMENTS FOR 2023. THESE CHANGES ARE REFLECTED ON THE AMENDED FORM 990. 1. AUDIT INCLUDED A RECEIVABLE ON THE BALANCE SHEET OF $591,904 FOR A EMPLOYEE RETENTION CREDIT RECEIVABLE AND THE SAME AMOUNT IS INCLUDED IN INCOME. THE ASSET AND INCOME WERE NOT INCLUDED ON THE ORIGINAL FORM 990. 2. AUDIT INCLUDED $1,735,896 OF NON-CASH DONATIONS RECEIVED BY THE ORGANIZATION AS INCOME FOR ITEMS RECEIVED BY ITS THRIFT STORE. THESE DONATIONS WERE NOT REFLECTED ON THE ORIGINAL FORM 990. 3. AUDIT INCLUDED $1,743,697 OF COST OF GOOD SOLD EXPENSES TO REFLECT COST OF ITEMS SOLD BY THE THRIFT STORE. THE FORM 990 ORIGINALLY FILED REPORTED ($29,831) ON PAGE 1 LINE 19 REVENUE LESS EXPENSES. THE AMENDED FORM 990 REPORTS $466,310 ON PAGE 1 LINE 19 REVENUE LESS EXPENSES. THE DIFFERENCE IS $496,141 OF ADDITIONAL REVENUE FOR 2023 MOST OF WHICH IS DUE TO THE INCLUSION OF THE EMPLOYEE RETENTION CREDIT INCOME ON THE AUDITED FINANCIAL STATEMENTS. OTHER CHANGES REPORTED ON THIS AMENDED RETURN ARE DONE TO REFLECT THE ALLOCATION OF THE INCOME AND EXPENSES AS PRESENTED ON THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 IS EMAILED TO THE BOARD OF DIRECTORS FOR ANY QUESTIONS AND/OR CHANGES. IF NONE, THE RETURN IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED AND APPROVED BY AN INDEPENDENT GOVERNING BODY. THE BOARD USES THE EVANGELICAL COUNCIL FOR FINANCIAL ACCOUNTABILITY TO DETERMINE WHAT THE BROAD INDUSTRY AVERAGE IS. ALONG WITH THAT, THE BOARD ALSO TAKES INTO CONSIDERATION THE SIZE OF THE ORGANIZATION, YEARS OF SERVICE, MINISTRY PERFORMANCE AND RESPONSIBILITES WHEN DETERMINING HIS COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C NO CHANGES HAVE BEEN MADE IN THE PROCESS FROM PRIOR YEAR.