Civic Intelligence

Prairie Horizons Inc

EIN 37-1322504 • 501(c)3 • Pontiac, IL

Profile

Hud assisted housing for the disabled

210 East Torrance AvenuePontiac, IL 61764

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

2.23x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

98th percentile

8.30x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

16th percentile

-20%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

25th percentile

-5.9%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Revenue Growth

40th percentile

1.6%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Assets

Down

$523,498

Down $31,859 (-5.7%) from 2024

Liabilities

Down

$1,165,855

Down $3,221 (-0.3%) from 2024

Net Assets

Down

-$642,357

Down $28,638 (-4.7%) from 2024

Revenue

Up

$140,498

Up $5,031 (+3.7%) from 2024

Expenses

Up

$169,136

Up $7,798 (+4.8%) from 2024

Net Income

Down

-$28,638

Down $2,767 (-11%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2011: $804,566Liabilities 2011: $1,041,179Net Assets 2011: -$236,6132011Assets 2012: $856,634Liabilities 2012: $1,089,180Net Assets 2012: -$232,5462012Assets 2013: $807,434Liabilities 2013: $1,047,585Net Assets 2013: -$240,1512013Assets 2014: $792,168Liabilities 2014: $1,043,820Net Assets 2014: -$251,6522014Assets 2015: $770,065Liabilities 2015: $1,033,544Net Assets 2015: -$263,4792015Assets 2016: $660,352Liabilities 2016: $1,049,175Net Assets 2016: -$388,8232016Assets 2017: $626,306Liabilities 2017: $1,036,740Net Assets 2017: -$410,4342017Assets 2018: $603,129Liabilities 2018: $1,034,961Net Assets 2018: -$431,8322018Assets 2019: $574,963Liabilities 2019: $1,046,630Net Assets 2019: -$471,6672019Assets 2020: $557,951Liabilities 2020: $1,056,090Net Assets 2020: -$498,1392020Assets 2021: $512,806Liabilities 2021: $1,039,055Net Assets 2021: -$526,2492021Assets 2022: $483,916Liabilities 2022: $1,045,831Net Assets 2022: -$561,9152022Assets 2023: $591,775Liabilities 2023: $1,169,989Net Assets 2023: -$578,2142023Assets 2024: $555,357Liabilities 2024: $1,169,076Net Assets 2024: -$613,7192024Assets 2025: $523,498Liabilities 2025: $1,165,855Net Assets 2025: -$642,3572025

Highlighted filing

2025

Assets$523,498
Liabilities$1,165,855
Net Assets-$642,357

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100K-$200KExpenses 2011: $104,2472011Expenses 2012: $114,6002012Expenses 2013: $124,8402013Revenue 2014: $110,347Expenses 2014: $121,848Net Income 2014: -$11,5012014Revenue 2015: $119,050Expenses 2015: $130,877Net Income 2015: -$11,8272015Revenue 2016: $110,624Expenses 2016: $235,968Net Income 2016: -$125,3442016Revenue 2017: $104,961Expenses 2017: $126,572Net Income 2017: -$21,6112017Revenue 2018: $111,737Expenses 2018: $133,135Net Income 2018: -$21,3982018Revenue 2019: $96,597Expenses 2019: $136,432Net Income 2019: -$39,8352019Revenue 2020: $116,807Expenses 2020: $143,279Net Income 2020: -$26,4722020Revenue 2021: $127,755Expenses 2021: $155,865Net Income 2021: -$28,1102021Revenue 2022: $118,832Expenses 2022: $154,503Net Income 2022: -$35,6712022Revenue 2023: $136,180Expenses 2023: $156,470Net Income 2023: -$20,2902023Revenue 2024: $135,467Expenses 2024: $161,338Net Income 2024: -$25,8712024Revenue 2025: $140,498Expenses 2025: $169,136Net Income 2025: -$28,6382025

Highlighted filing

2025

Revenue$140,498
Expenses$169,136
Net Income-$28,638

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.52$1.17$0.64$0.14$0.17$0.03
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$1.17$0.61$0.14$0.16$0.03
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$1.17$0.58$0.14$0.16$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$1.05$0.56$0.12$0.15$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$1.04$0.53$0.13$0.16$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$1.06$0.50$0.12$0.14$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$1.05$0.47$0.10$0.14$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$1.03$0.43$0.11$0.13$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$1.04$0.41$0.10$0.13$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.66$1.05$0.39$0.11$0.24$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.77$1.03$0.26$0.12$0.13$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.79$1.04$0.25$0.11$0.12$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$1.05$0.24$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$1.09$0.23$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$1.04$0.24$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 15, 2025
Return Version
2024v5.0
Gross Receipts
$141,237
Mission and Program Overview

Mission

Hud assisted housing for the disabled

Hud assisted housing for the disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$386,468$342,923▼ $43,545
Cash and Non-Interest-Bearing Accounts$36,469$50,192▲ $13,723
Prepaid Expenses and Deferred Charges$1,640$1,964▲ $324
Accounts Receivable$646$962▲ $316
Total Assets$555,357$523,498▼ $31,859
Other Assets Total$130,134$127,457▼ $2,677
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,023,200$1,023,200→ $0
Other Liabilities$131,228$134,902▲ $3,674
Accounts Payable and Accrued Expenses$14,648$7,753▼ $6,895
Total Liabilities$1,169,076$1,165,855▼ $3,221
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-613,719$-642,357▼ $28,638
Total Net Assets Fund Balance$-613,719$-642,357▼ $28,638
Total Liabilities and Net Assets / Fund Balance$555,357$523,498▼ $31,859

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$301,046$818,890$1,119,936
Other Land Buildings$32,143$43,579$75,722
Equipment$8,906$44,577$53,483
Leasehold Improvements$828$7,967$8,795
Other Assets Org$3,802--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dale SassPresident
Bill BertramBoard Member
Chris MyersBoard Member
Karen DonovanBoard Member
Kelsey SpencerBoard Member
Nick MilhauserBoard Member
Samantha BinkleyBoard Member
Dan FrySecretary/tr
Joe VaughanVice Preside
Patty HaberkornVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$139,239
Investment Income
$-661
Other Revenue
$1,920
Change in Net Assets
$-28,638

Audited Revenue Reconciliation

Revenue per Audited Statements
$140,498
Total Revenue per Audited Statements
$140,498
Total Revenue per Form 990
$140,498
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$169,136
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$44,368--$44,368
Occupancy$34,888--$34,888
Fees for Services Management-$17,625-$17,625
Insurance$11,486--$11,486
All Other Expenses$4,670$6,406-$11,076
Fees for Services Accounting-$10,237-$10,237
Other Expenses$4,084$11,520-$4,084
Office Expenses-$746-$746
Total Functional Expenses$122,602$46,534$0$169,136

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$169,136
Total Expenses per Audited Statements$169,136
Total Expenses per Form 990$169,136
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$123,552
Accrued Management Fee$7,548
Tenant Security Deposits$3,802
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Establish and maintain the accounts and books of prairie horizons, inc. In accordance with hud's administrative requirements, generally accepted accounting principles; and in a condition that will facilitate an audit. The agent also prepares and submits all required project reporting to hud as required.

Form 990, Page 6, Part VI, Line 11B

990 is emailed to the board and approved before filing.

Form 990, Page 6, Part VI, Line 19

No other documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Prairie Horizons Inc
EIN
37-1322504
Phone
8158421122
Address
210 EAST TORRANCE AVENUE, PONTIAC, IL 61764

Signing Officer

Name
Joe Vaughan
Title
Vice President
Phone
8158421122
Signed
2025-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dale Sass
Formed
1993
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
8
Employees
0

Preparer

Firm
Mck Cpas & Advisors
Address
202 N PROSPECT ROAD SUITE 206, BLOOMINGTON, IL 61704
Preparer
Bradley J Mueller
Phone
3098286071
Raw XML AppendixShowing 400 of 415 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 14,891
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING LEASE RIGHT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ESTABLISH AND MAINTAIN THE ACCOUNTS AND BOOKS OF PRAIRIE HORIZONS, INC. IN ACCORDANCE WITH HUD'S ADMINISTRATIVE REQUIREMENTS, GENERALLY ACCEPTED ACCOUNTING PRINCIPLES; AND IN A CONDITION THAT WILL FACILITATE AN AUDIT. THE AGENT ALSO PREPARES AND SUBMITS ALL REQUIRED PROJECT REPORTING TO HUD AS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 IS EMAILED TO THE BOARD AND APPROVED BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990/USAddress/CityNm0STREATOR
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE VAUGHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08158421122
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRAIRIE HORIZONS INC
ReturnHeader/Filer/BusinessNameControlTxt0PRAI
ReturnHeader/Filer/EIN0371322504
ReturnHeader/Filer/PhoneNum08158421122
ReturnHeader/Filer/USAddress/AddressLine1Txt0210 EAST TORRANCE AVENUE
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