FAITHCENTRE

EIN: 030525345 501(c)(3) Human Services

BELLEFONTE, PA

Total Revenue
$470,125
Total Expenses
$523,303
Total Assets
$781,504
Net Assets
$607,824
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
PA
Principal Officer
ANDREW MORGAN
Phone
8143550880
Tax Period
2023-01-01 to 2023-12-31

FAITHCENTRE, founded in 2004, is a small nonprofit in the Human Services sector that reported $470K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $523K exceeded revenue, resulting in a 11% operating deficit.

Mission

CHARITABLE RELIGIOUS AND EDUCATION

Program Service Accomplishments

Program 1
Expenses: $382,038 Revenue: $453,541

THRIFT STORE PROVIDES CLOTHING, SMALL APPLIANCES, HOUSEHOLD GOODS AT VERY LOW PRICES AND UNDER THE VOUCHER PROGRAM PROVIDED FREE ITEMS TO THOSE IN NEED. THE STORE IS OPEN SIX DAYS A WEEK AND SERVICES...

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THRIFT STORE PROVIDES CLOTHING, SMALL APPLIANCES, HOUSEHOLD GOODS AT VERY LOW PRICES AND UNDER THE VOUCHER PROGRAM PROVIDED FREE ITEMS TO THOSE IN NEED. THE STORE IS OPEN SIX DAYS A WEEK AND SERVICES APPROXIMATELY 250 PERSONS PER DAY. FOOD PANTRY HOUSES FEDERAL/STATE SURPLUS FOOD AS WELL AS DONATED GOODS. THE PANTRY PROVIDES SURPLUS FOOD PACKAGES FOR 325 PERSONS PER MONTH IN ADDITION TO EMERGENCY FOOD. THE FOOD PANTRY DISTRIBUTES CHRISTMAS FOOD BASKETS AND TOYS FOR TOTS. SEMINAR SPACE IS PROVIDED TO VARIOUS LOCAL AGENCIES FOR SEMINARS AND HELP SESSIONS, AMONG THEM: COMMUNITIES THAT CARE, THE MID STATE LITERACY COUNCIL, THE HOME NURSING AGENCY. NEEDY ASSISTANCE FAITHCENTRE ROUTINELY PROVIDES FREE CLOTHING, FOOD, PERSONAL CARE ITEMS TO THOSE IN FINANCIAL NEED. FAITHCENTRE ASSISTS WITH PAYING FOR ALL OR PART OF HEATING FUEL, ELECTRIC BILLS AND RENTAL ASSISTANCE.

Program 2
Expenses: $0 Revenue: $0

OTHER PROGRAMS 1) COFFEE CORNER - THE BILL THOMAS COFFEE CORNER IS A FREE, DROP IN AREA FOR SEMI-HOMELESS AND LONELY PATRONS. VISITORS ARE SERVED HOT AND COLD DRINKS, SNACKS AND PASTRIES. OPEN FROM...

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OTHER PROGRAMS 1) COFFEE CORNER - THE BILL THOMAS COFFEE CORNER IS A FREE, DROP IN AREA FOR SEMI-HOMELESS AND LONELY PATRONS. VISITORS ARE SERVED HOT AND COLD DRINKS, SNACKS AND PASTRIES. OPEN FROM 10:00 AM UNTIL 3:00 PM DAILY. THE CORNERS PROGRAMS INCLUDE A BIBLE STUDY AND ARTS/CRAFTS AND CONVERSATION FOR PATRONS. THE CORNER SERVES APPROXIMATELY 20 PERSONS DAILY. 2) KIDS CORNER - A PROGRAM FOR HOSTING CHILDREN OF PARENTS ATTENDING SEMINARS AND TEACHING PROGRAMS. 3) SALVATION ARMY - LOCAL SERVICES UNIT HAS FREE SPACE IN THE FAITHCENTRE BUILDING AND PROVIDES MONEY, VOUCHERS AND GENERAL ASSISTANCE FOR THOSE WHO QUALIFY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $156,413
Program Service Revenue $0
Investment Income $29,597
Other Revenue $284,115
TOTAL REVENUE $470,125

Expense Breakdown

Grants Paid $30,765
Salaries & Benefits $306,287
Fundraising Expenses $3,525
Program Expenses $382,038
Other Expenses $182,726
TOTAL EXPENSES $523,303

Year-over-Year Comparison

2023 2022 Change
Revenue $470,125 $795,707 -0.4%
Expenses $523,303 $600,146 -0.1%
Net Income $-53,178 $195,561 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
25
Volunteers
20

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
8
$79,823
Total Directors
0
$0
Key Employees
1
$79,823
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE SUMMERS EXECUTIVE DIRECTOR 40.00
Officer Key Emp Highest
$79,823 $0 $79,823
STEPHANIE COOPER BOARD MEMBER 0.00
Officer
$0 $0 $0
ANDREW MORGAN PRESIDENT 0.00
Officer
$0 $0 $0
ROBERT DORNAN SECRETARY 0.00
Officer
$0 $0 $0
SUSAN MUNNELL BOARD MEMBER 0.00
Officer
$0 $0 $0
SHEILA STEVER TREASURER/VICE PRES 0.00
Officer
$0 $0 $0
MARY DEARMITT BOARD MEMBER 0.00
Officer
$0 $0 $0
BRIAN WALKER BOARD MEMBER 0.00
Officer
$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 No data No data No data No data
2023 $470,125 $523,303 $781,504 $-53,178
2022 $795,707 $600,146 $860,218 $195,561
2021 $665,147 $564,096 $666,729 $101,051
2020 $462,644 $487,732 $606,000 $-25,088
2019 $527,285 $497,517 $596,067 $29,768
2018 $497,229 $439,455 $563,845 $57,774
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