LIVING FAITH MINISTRIES INC (EIN 200441765) - 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

Formation Year

2008

Legal Domicile

Principal Officer

STANLEY T HARRISON

Phone

4058484229

Tax Period

2022-01-01 to 2022-12-31

LIVING FAITH MINISTRIES INC, founded in 2008, is a small nonprofit that reported $233K in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year. Expenses of $387K exceeded revenue, resulting in a 66% operating deficit.

Mission

TO PROVIDE TRANSITION HOUSING AND REINTEGRATION PROGRAMS FOR EX-OFFENDERS

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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 (2022)

Revenue Breakdown

Contributions & Grants $219,075

Program Service Revenue $12,600

Investment Income $1

Other Revenue $1,125

TOTAL REVENUE $232,801

Expense Breakdown

Grants Paid $0

Salaries & Benefits $184,603

Fundraising Expenses $0

Program Expenses $386,569

Other Expenses $201,966

TOTAL EXPENSES $386,569

Year-over-Year Comparison

	2022	2021	Change
Revenue	$232,801	$250,220	-0.1%
Expenses	$386,569	$267,361	+0.4%
Net Income	$-153,768	$-17,141	+8.0%

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

Employees

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
STANLEY T HARRISON	Director	5.00	Officer Director	$0	$0	$0
DONNA HARRISON	Secretary	5.00	Officer Director	$0	$0	$0
GENE COWGILL	Vice President	1.00	Officer Director	$0	$0	$0
THOMAS REED	Director	1.00	Director	$0	$0	$0
STEVE SEATON	Director	1.00	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
2022	$232,801	$386,569	$611,065	$-153,768
2021	$250,220	$267,361	$770,828	$-17,141
2020	$304,285	$279,676	$794,670	$24,609
2019	$248,638	$287,598	$766,936	$-38,960
2018	$251,009	$253,545	$802,367	$-2,536

LIVING FAITH MINISTRIES INC