French World Ministries 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

2007

Legal Domicile

Principal Officer

John Madan

Phone

2144501034

Tax Period

2023-01-01 to 2023-12-31

French World Ministries Inc, founded in 2007, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $78K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $75K left a modest 3% surplus.

Mission

Changing the French-speaking World through theWord of God - Training Nationals - Book translations

Program Service Accomplishments

Program 1

Expenses: $63,718

Training Nationals - 2 graduations in 2023 with 58 students finishing their 3 years of training. 2 new classes started with 90 new students with a total of 170 students in 4 campusesBook Publishing & recording - 2 new books - The untapped power of praise and Following God's plan for your life 3 new audio books recorded with 36 books now available on You tube channel and over 3 million listensChurch in Nice (Pastors Philippe & Rebecca Boulanger)- 36 baptized, 10 new membersRefurbished the sanctuary which was paid in full through gifts without having to take out a lone

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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 (2023)

Revenue Breakdown

Contributions & Grants $77,569

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $77,569

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,223

Fundraising Expenses $3,747

Program Expenses $63,718

Other Expenses $68,739

TOTAL EXPENSES $74,962

Year-over-Year Comparison

	2023	2022	Change
Revenue	$77,569	$59,009	+0.3%
Expenses	$74,962	$55,244	+0.4%
Net Income	$2,607	$3,765	-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

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

$3,100

Total Directors

$6,223

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rebecca Boulanger	Director	5.00	Director	$0	$3,123	$3,123
John Madan	President	5.00	Officer Director	$0	$3,100	$3,100
Sandi Cox	Secretary	0.10	Officer Director	$0	$0	$0
Elizabeth Rogers	Treasurer	0.10	Officer Director	$0	$0	$0
Laura Madan	Director	0.10	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	$77,569	$74,962	$26,650	$2,607
2022	$59,009	$55,244	$24,043	$3,765