Faith Foundation Resources

EIN: 042354456 501(c)(3) Employment

Flint, MI

Total Revenue
$279,915
Total Expenses
$212,964
Total Assets
$66,124
Net Assets
$66,124
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Legal Domicile
MI
Principal Officer
ANGELA LOTS
Tax Period
2021-01-01 to 2021-12-31

Faith Foundation Resources is a small nonprofit in the Employment sector that reported $280K in total revenue in fiscal year 2021. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $67K, a strong 24% operating margin.

Mission

To provide the necessary education and training required to promote success and positive motivation to the community in an effort to equip them with life skills and real world knowledge.

Program Service Accomplishments

Program 1
Expenses: $169,027

Helping Young People to Employment (HYPE) Program is a job readiness an HIV/AIDS awareness/prevention program geared tpward educating teens and young adults through information, role play, and...

Read more

Helping Young People to Employment (HYPE) Program is a job readiness an HIV/AIDS awareness/prevention program geared tpward educating teens and young adults through information, role play, and performing arts as an avenue to bring awareness and foster healthy sexual choices. We maintained a 98% job replacement rate.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $279,915
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $279,915

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,286
Fundraising Expenses $0
Program Expenses $169,027
Other Expenses $105,678
TOTAL EXPENSES $212,964

Year-over-Year Comparison

2021 2020 Change
Revenue $279,915 $251,407 +0.1%
Expenses $212,964 $271,721 -0.2%
Net Income $66,951 $-20,314 -4.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
10
Employees
2
Volunteers
5

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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLAN ARMSTRONG President 1.000
Director
$0 $0 $0
TERONSE MILLER Treasurer 1.000
Director
$0 $0 $0
ANGELA LOTS Executive Director 40.00
Director
$0 $0 $0
NAJEE MILLER Member 1.000
Director
$0 $0 $0
GWEN WILLIAMS Member 1.000
Director
$0 $0 $0
BONITA PARKER Member 1.000
Director
$0 $0 $0
BRYANT TURNER Member 1.000
Director
$0 $0 $0
CATHEY CRIGLER Member 1.000
Director
$0 $0 $0
FELICIA DONALDSON Member 1.000
Director
$0 $0 $0
ADRIENNE ARMSTRONG Member 1.000
Director
$0 $0 $0
TONYA D SMITH Member 1.000
Director
$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
2021 $279,915 $212,964 $66,124 $66,951
2019 $251,200 $257,329 $65,716 $-6,129
2018 $191,000 $124,232 No data $66,768
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Faith Foundation Resources with other nonprofits in Michigan and across the country.