SOUTHEASTERN FREE WILL BAPTIST COLLEGE FOUNDATION INC (EIN 261296909) - 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

DANN PATRICK

Phone

9193657711

Tax Period

2024-07-01 to 2025-06-30

SOUTHEASTERN FREE WILL BAPTIST COLLEGE FOUNDATION INC, founded in 2007, is a small nonprofit in the Religion sector that reported $138K in total revenue in fiscal year 2024. Revenue surged 175% from the prior year, signaling strong growth momentum. The organization ran a surplus of $135K, a strong 98% operating margin.

Mission

RAISE FUNDS FOR THE PURPOSE OF MAKING DISTRIBUTIONS TO SOUTHEASTERN FREE WILL BAPTIST COLLEGE,INC. & ANY OTHER POSTSECONDARY EDUCATIONAL INSTITUTION THAT TRAINS MEN & WOMEN FOR CHRISTIAN MINISTRY & QUALIFIES AS T/E 501(C)(3)

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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 $81,520

Program Service Revenue $0

Investment Income $56,244

Other Revenue $0

TOTAL REVENUE $137,764

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,965

Other Expenses $3,153

TOTAL EXPENSES $3,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$137,764	$50,027	+1.8%
Expenses	$3,153	$104,865	-1.0%
Net Income	$134,611	$-54,838	-3.5%

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
HENRY HORNE	DIRECTOR	N/A	Director	$0	$0	$0
JEFF JONES	DIRECTOR	N/A	Officer Director	$0	$0	$0
TIM MCCREIGHT	DIRECTOR	N/A	Director	$0	$0	$0
DANN PATRICK	CHAIRMAN	N/A	Officer Director	$0	$0	$0
CHRISTIAN POWELL	DIRECTOR	N/A	Director	$0	$0	$0
LORENZA STOX	DIRECTOR	N/A	Director	$0	$0	$0
GENE WILLIAMS	SECRETARY	N/A	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
2025	$137,764	$3,153	$1,438,738	$134,611
2024	$50,027	$104,865	$1,278,869	$-54,838
2023	$43,359	$1,041	$1,315,496	$42,318
2022	$92,256	$3,282	$1,267,646	$88,974
2021	$25,429	$5,384	$1,191,045	$20,045
2020	$1,116,833	$21,566	$1,140,406	$1,095,267
2019	$113	$10,150	$42,314	$-10,037
2018	$591	$182	$52,351	$409

SOUTHEASTERN FREE WILL BAPTIST COLLEGE FOUNDATION INC