FIRST FRUITS FUNDING

EIN: 205169431 501(c)(3) Religion

BRENTWOOD, TN

Total Revenue
$42,123
Total Expenses
$24,586
Total Assets
$311,169
Net Assets
$311,169
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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
2011
Legal Domicile
TN
Principal Officer
LARRY BOONE
Tax Period
2023-01-01 to 2023-12-31

FIRST FRUITS FUNDING, founded in 2011, is a micro nonprofit in the Religion sector that reported $42K in total revenue in fiscal year 2023. Revenue fell 88% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $18K, a strong 42% operating margin.

Mission

RAISE CAPITAL FOR OTHER NON-PROFITS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $40,930
Program Service Revenue $0
Investment Income $1,193
Other Revenue $0
TOTAL REVENUE $42,123

Expense Breakdown

Grants Paid $21,036
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,586
Other Expenses $3,550
TOTAL EXPENSES $24,586

Year-over-Year Comparison

2023 2022 Change
Revenue $42,123 $338,402 -0.9%
Expenses $24,586 $325,934 -0.9%
Net Income $17,537 $12,468 +0.4%
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
N/A
Independent Members
N/A
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM KIRKLAND SECRETARY 5.00
Officer Director
$0 $0 $0
LARRY BOONE PRESIDENT 5.00
Officer 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 No data No data No data No data
2023 $42,123 $24,586 $311,169 $17,537
2023 No data No data No data No data
2022 $338,402 $325,934 $277,750 $12,468
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