Fountain of Life Faith Center Int'l (EIN 208796006) - 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

2007

Legal Domicile

Principal Officer

Dr Sherron Parrish

Phone

3059261107

Tax Period

2024-01-01 to 2024-12-31

Fountain of Life Faith Center Int'l, founded in 2007, is a small nonprofit in the Religion sector that reported $167K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $145K left a modest 13% surplus.

Mission

To conduct marital educational services for couples;to enable couples to acquire sills and knowledge necessary to sustain healthy marriages

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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 $167,235

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $167,235

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $126,818

Other Expenses $145,173

TOTAL EXPENSES $145,173

Year-over-Year Comparison

	2024	2023	Change
Revenue	$167,235	$242,156	-0.3%
Expenses	$145,173	$214,326	-0.3%
Net Income	$22,062	$27,830	-0.2%

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

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
Dr Sherron Parrish	President	40.00	Officer Key Emp	$0	$0	$0
Carl Parrish	Vice President	10.00	Officer Key Emp	$0	$0	$0
Loritta Bishop	Director	1.00	Director	$0	$0	$0
Elizabeth Scott	Director	1.00	Director	$0	$0	$0
Mary Perkins	Director	1.00	Director	$0	$0	$0
Royanne Mitchell	Director	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	$167,235	$145,173	$181,962	$22,062
2023	$242,156	$214,326	$109,850	$27,830
2021	$150,654	$135,647	$237,514	$15,007
2019	$222,016	$71,401	$237,686	$150,615

Fountain of Life Faith Center Int'l