The Forever Caring Fund of the Eastern Regional Conference

EIN: 232206565 501(c)(3)

Carlisle, PA

Total Revenue
$761,126
Total Expenses
$155,069
Total Assets
$5,331,288
Net Assets
$5,331,288
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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
PA
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.

Program Service Accomplishments

Program 1

The purpose of the Corporation, which is organized exclusively for charitable purposes within the meaning of Section 501 of the Internal Revenue Code of 1954, or the corresponding provision of any...

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The purpose of the Corporation, which is organized exclusively for charitable purposes within the meaning of Section 501 of the Internal Revenue Code of 1954, or the corresponding provision of any subsequent law, shall be to hold, invest, manage, administer and disburse property of all types which may be contributed, devised, bequeathed or otherwise given to the Corporation for its use as a charitable organization concerned principally with the care of the aged and to further the goals and objectives for such care as demonstrated by the Eastern Regional Conference of the Churches of God and the Board of Trustees of the Churrch of God Home, Inc. The disbursement policies shall attempt to preserve the principal of the said fund where practicable.

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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 $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

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Governance

Voting Members
1
Independent Members
1
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
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
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