FIRST ASSEMBLY OF GOD CHURCH O ADOPT A BLOCK (EIN 050577468) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Principal Officer

DAVID BOWDEN

Tax Period

2023-01-01 to 2023-12-31

FIRST ASSEMBLY OF GOD CHURCH O ADOPT A BLOCK is a micro nonprofit in the Human Services sector that reported $90K in total revenue in fiscal year 2023. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $108K exceeded revenue, resulting in a 20% operating deficit.

Mission

FOOD BANK PROVIDING FOOD AND HOUSEHOLD SUPPLIES TO THOUSANDS OF DISADVANTAGE PEOPLE IN AND AROUN THE TERRELL TEXAS AREA EACH WEEK

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $89,748

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $89,748

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $107,776

Other Expenses $107,776

TOTAL EXPENSES $107,776

Year-over-Year Comparison

	2023	2022	Change
Revenue	$89,748	$3,133,837	-1.0%
Expenses	$107,776	$3,151,842	-1.0%
Net Income	$-18,028	$-18,005	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BOWDEN	PRESIDENT	1	Officer Director	$0	$0	$0
WADE BOWDEN	BOARD MEMBER	1	Director	$0	$0	$0
WORTH BUSHNELL	BOARD MEMBER	1	Director	$0	$0	$0
WAYNE FRANS	BOARD MEMBER	1	Director	$0	$0	$0
NEAL ROBERSTON	VICE PRESIDENT	1	Director	$0	$0	$0
MAXINE MILLER	BOARD SECRETAR	20	Officer 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
2023	$89,748	$107,776	$190,524	$-18,028
2022	$3,133,837	$3,151,842	$190,524	$-18,005
2021	$4,278,566	$4,253,810	$254,006	$24,756
2020	$7,370,698	$7,348,420	$229,250	$22,278
2019	$1,304,900	$1,257,648	$206,972	$47,252
2018	$2,162,613	$2,084,944	$159,720	$77,669

FIRST ASSEMBLY OF GOD CHURCH O ADOPT A BLOCK