TRUE FAITH CHRISTIAN CENTER INC

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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

1998

Legal Domicile

Principal Officer

PASTOR SAMUEL R SIMS JR

Phone

6158388159

Tax Period

2022-01-01 to 2022-12-31

TRUE FAITH CHRISTIAN CENTER INC, founded in 1998, is a micro nonprofit in the Religion sector that reported $53K in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $20K, a strong 38% operating margin.

Mission

EDUCATION, AND HOMESTEAD PROGRAMS AS WELL AS OTHER PROGRAMS BENEFITING THE NEEDS OF OTHERS.

Program Service Accomplishments

Program 1

Expenses: $43,014 Revenue: $52,576

EDUCATION, AND HOMESTEAD PROGRAMS AS WELL AS OTHER PROGRAMS BENEFITING THE NEEDS OF OTHERS.

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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 $52,576

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $52,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,274

Fundraising Expenses $0

Program Expenses $43,014

Other Expenses $20,120

TOTAL EXPENSES $32,394

Year-over-Year Comparison

	2022	2021	Change
Revenue	$52,576	$47,227	+0.1%
Expenses	$32,394	$31,747	+0.0%
Net Income	$20,182	$15,480	+0.3%

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

Volunteers

N/A

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

$9,360

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PASTOR SAMUEL R SIMS	PRESIDENT/ PASTOR	20	Key Emp Highest	$9,360	$0	$9,360

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	$52,576	$32,394	$52,576	$20,182
2021	$47,227	$31,747	$47,227	$15,480
2020	$31,645	$26,628	$31,645	$5,017
2019	$38,062	$36,626	$38,062	$1,436
2018	$36,967	$33,064	$36,967	$3,903