HOLDING FORTH THE WORD OF LIFE INC (EIN 201869878) - 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

2005

Legal Domicile

Principal Officer

REBECCA WOODS

Phone

7068324792

Tax Period

2024-01-01 to 2024-12-31

HOLDING FORTH THE WORD OF LIFE INC, founded in 2005, is a small nonprofit in the Religion sector that reported $613K in total revenue in fiscal year 2024. Expenses of $580K left a modest 5% surplus.

Mission

TO TEACH THE BIBLE TO ALL NATIONALITIES AND DENOMINATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $534,287

Program Service Revenue $39,456

Investment Income $9,842

Other Revenue $29,659

TOTAL REVENUE $613,244

Expense Breakdown

Grants Paid $0

Salaries & Benefits $286,860

Fundraising Expenses $0

Program Expenses $391,174

Other Expenses $293,375

TOTAL EXPENSES $580,235

Year-over-Year Comparison

	2024	2023	Change
Revenue	$613,244	$642,887	0.0%
Expenses	$580,235	$551,591	+0.1%
Net Income	$33,009	$91,296	-0.6%

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

$106,404

Total Directors

$106,404

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA LARISCY	CEO/FOUNDER	80.00	Officer Director	$106,404	$0	$106,404
HORACE LARISCY	VP OF BOARD OF DIRECTORS	1.00	Officer Director	$0	$0	$0
REBECCA WOODS	CFO/TREASURER	20.00	Officer Director	$0	$0	$0
CHARLES ROBERTS	BOARD MEMBER	1.00	Director	$0	$0	$0
LEE WOODS	BOARD MEMBER	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
2024	$613,244	$580,235	$3,026,512	$33,009
2023	$642,887	$551,591	$3,003,306	$91,296
2022	$901,401	$484,438	$2,882,088	$416,963
2021	$648,456	$415,617	$2,457,101	$232,839
2020	$623,621	$426,764	$2,224,415	$196,857
2019	$570,320	$429,699	$2,025,968	$140,621
2018	$691,748	$377,149	$1,885,138	$314,599

HOLDING FORTH THE WORD OF LIFE INC