The Forever Caring Fund of the Eastern Regional Conference (EIN 232206565) - 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

1981

Legal Domicile

Principal Officer

Ryan T Casey

Phone

7172495322

Tax Period

2023-01-01 to 2023-12-31

The Forever Caring Fund of the Eastern Regional Conference, founded in 1981, is a small nonprofit that reported $761K in total revenue in fiscal year 2023. Revenue surged 598% from the prior year, signaling strong growth momentum. The organization ran a surplus of $606K, a strong 80% operating margin.

Mission

The purpose of the Corporation will be to hold, invest, manage, administer and disburse donations for the care of the aged of Church of God Home, Inc.

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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 $6,073

Program Service Revenue $0

Investment Income $755,053

Other Revenue $0

TOTAL REVENUE $761,126

Expense Breakdown

Grants Paid $116,256

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $38,813

TOTAL EXPENSES $155,069

Year-over-Year Comparison

	2023	2022	Change
Revenue	$761,126	$109,103	+6.0%
Expenses	$155,069	$144,974	+0.1%
Net Income	$606,057	$-35,871	-17.9%

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
No Active Board Members	N/A	001.00	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	No data	No data	No data	No data
2023	$761,126	$155,069	$5,331,288	$606,057
2022	$109,103	$144,974	$4,612,268	$-35,871
2021	$757,509	$149,951	$5,980,903	$607,558
2020	$481,240	$146,467	$5,317,359	$334,773
2019	$233,001	$146,629	$4,287,162	$86,372
2018	$224,764	$142,722	$3,609,469	$82,042

The Forever Caring Fund of the Eastern Regional Conference