VN FULLWOOD MINISTRIES INC (EIN 202520647) - 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

2003

Legal Domicile

Principal Officer

Varnie N Fullwood

Phone

9105646630

Tax Period

2021-01-01 to 2021-12-31

VN FULLWOOD MINISTRIES INC, founded in 2003, is a small nonprofit in the Religion sector that reported $449K in total revenue in fiscal year 2021. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $110K, a strong 25% operating margin.

Mission

V N Fullwood Ministries is an outreach ministry whose goal is to reach out and aid or undergird other ministries in helping them fulfill and reach their divine destiny. God has ordained and commissioned this ministry to go forth and provoke His people to the next level of ministry.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $448,743

Investment Income $0

Other Revenue $0

TOTAL REVENUE $448,743

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $253,475

Other Expenses $338,326

TOTAL EXPENSES $338,326

Year-over-Year Comparison

	2021	2020	Change
Revenue	$448,743	$483,797	-0.1%
Expenses	$338,326	$118,658	+1.9%
Net Income	$110,417	$365,139	-0.7%

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

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VARNIE FULLWOOD	PRESIDENT	40	Director	$0	$0	$0
JENNIFER FULLWOOD JONES	BOARD MEMBER	20	Officer	$0	$0	$0
SHEBA FORREST	BOARD MEMBER	20	Officer	$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
2021	$448,743	$338,326	$255,908	$110,417

VN FULLWOOD MINISTRIES INC