Faith Always Inspires True Healing WorksInc

EIN: 205034144 501(c)(3)

Desoto, TX

Total Revenue
$3,827,924
Total Expenses
$3,771,914
Total Assets
N/A
Net Assets
N/A
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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
2006
Legal Domicile
TX
Principal Officer
Kerensa Taylor
Phone
2143562020
Tax Period
2019-01-01 to 2019-12-31

Faith Always Inspires True Healing WorksInc, founded in 2006, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2019. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

Foster Children Placement Center We have a 24 hour placement center, where we house children until they can be placed in foster care.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,827,924
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,827,924

Expense Breakdown

Grants Paid $0
Salaries & Benefits $500,487
Fundraising Expenses $0
Program Expenses $3,771,914
Other Expenses $3,271,427
TOTAL EXPENSES $3,771,914

Year-over-Year Comparison

2019 2018 Change
Revenue $3,827,924 $3,437,167 +0.1%
Expenses $3,771,914 $3,280,956 +0.1%
Net Income $56,010 $156,211 -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

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Governance

Voting Members
1
Independent Members
1
Employees
11
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NA N/A N/A
$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
2019 $3,827,924 $3,771,914 No data $56,010
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