Centers for New Horizons Inc logo

Centers for New Horizons Inc

Public charity · Grantmaker Chicago, IL EIN: 36-2729721 Website
Black/African peopleEconomically disadvantaged peopleLow-income peopleCommunity and economic developmentCommunity improvement

Develop the capacities of families and individuals to become self-reliant to improve the quality of their lives and help them participate in the rebuilding of their communities.

Centers for New Horizons Inc at a glance

Total assets
$5,293,015
+6.7% vs 2024
Revenue (2025)
$9,422,603
-7.3% vs 2024
Net investment income (2025)
$1,150,680
+4200.5% vs 2024
Expenses (2025)
$8,341,783
-21.8% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Centers for New Horizons Inc funds

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

1<$50K$50–100K2$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 2 grants of 5 (40%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

ChicagoFlossmoorSauk Village

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M1 grant2021 4 grants2022 0 grants2023 0 grants2024 0 grants2025

From 2021 to 2022, annual grant giving ranged from $35K (2021) to $1.1M (2022). In 2022 it made 4 grants totaling $1.1M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Heartland Alliance for Human Needs and Human Rights Chicago, ILSubrecipient reimbursement$494,846
Neighborscapes Inc Flossmoor, ILSubrecipient reimbursement$271,573
Ucan Chicago, ILSubrecipient reimbursement$200,000
Grand Boulevard Prevention Services Sauk Village, ILSubrecipient reimbursement$174,206
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$5,293,015$9,422,603$8,341,783——$1,150,680
2024$4,959,037$10,163,987$10,673,474——$26,757
2023$6,476,498$14,380,718$14,362,147——$133
2022$7,305,979$16,275,139$17,013,276$1,140,6254$720
2021$6,855,191$14,972,793$15,926,713$35,4771$1,381

About Centers for New Horizons Inc

Based on IRS filings

Centers for New Horizons Inc is a public charity focused on Black/African people, based in Chicago, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $5.3M in total assets. Net investment income was $1.2M.

Focus Areas

Black/African peopleEconomically disadvantaged peopleLow-income peopleCommunity and economic developmentCommunity improvement

Leadership & Key People

Officers and directors from IRS filings

Centers for New Horizons Inc is led by Lakisha McFadden, CEO & Executive Director on every filing since 2023; 1 of 6 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Lakisha McFadden

    CEO & Executive Director

    On filings since 2023

    40 hrs/week

    $126K (2023) → $159K (2025)

  • Jay Readey

    Chair

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Wil Lewis

    Secretary

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Darius Lawrence

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Sean Pidgeon Alvarez

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Shaakira Mason-Holloway

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (9)
  • Former: Andre Fair (2021–2023) — Treasurer
  • Former: Charles Ann Stewart (2021–2023) — Board Member
  • Former: Jason Driver (2021–2023) — Board Member
  • Former: Robert Jackson (2021–2023) — Board Member
  • Former: Tamahra Adams (2021–2023) — Board Member
  • Former: Vorricia Harvey (2021–2023) — Board Member
  • Former: Christa Hamilton (2021–2022) — CEO & Executive Director
  • Former: Channa Bush (2022) — Human Resources Director
  • Former: Evelina Robertson (2021) — Director of Finance

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Lakisha McFadden — CEO/Executive Director: $159KLakisha McFaddenCEO/Executive Director$159K

The highest reported compensation on the 2025 filing was $159K, to Lakisha McFadden (CEO/Executive Director).

Frequently asked questions about Centers for New Horizons Inc

How large is Centers for New Horizons Inc?

Centers for New Horizons Inc reported $5.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $9.4M.

What is Centers for New Horizons Inc?

Centers for New Horizons Inc is a public charity focused on Black/African people, based in Chicago, IL. It holds $5.3M in total assets as of 2025.

Where does Centers for New Horizons Inc operate?

Centers for New Horizons Inc has awarded grants in Illinois.

What is Centers for New Horizons Inc's EIN?

Centers for New Horizons Inc's EIN (Employer Identification Number) is 36-2729721. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS May 2, 2025)
  2. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Centers for New Horizons Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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