CHURCHES OF GOD FOUNDATION INC (EIN 261398411) - 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

WAYNE DAVIS

Phone

2179322787

Tax Period

2024-01-01 to 2024-12-31

CHURCHES OF GOD FOUNDATION INC, founded in 2007, is a micro nonprofit in the Religion sector that reported $34K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16K, a strong 47% operating margin.

Mission

THE FOUNATION PROVIDES FINANCIAL SUPPORT TO MEMBER CHURCHES OF THE MIDWEST REGION CONFERENCE OF THE CHURCHES OF GOD. GRANTS ARE MADE TO SUPPORT MISSIONS AND CHURCH GROWTH INITIATIVES.

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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 $0

Program Service Revenue $0

Investment Income $33,895

Other Revenue $0

TOTAL REVENUE $33,895

Expense Breakdown

Grants Paid $17,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $17,525

Other Expenses $478

TOTAL EXPENSES $17,978

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,895	$27,683	+0.2%
Expenses	$17,978	$17,698	+0.0%
Net Income	$15,917	$9,985	+0.6%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
WAYNE DAVIS	TREASURER	Officer	$0	$0	$0
THOMAS CRAIG	SECRETARY	Officer	$0	$0	$0
SCOTT BONS	CHAIRMAN	Officer	$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	No data	No data	No data	No data
2024	$33,895	$17,978	$675,585	$15,917
2023	$27,683	$17,698	$655,976	$9,985
2022	$24,533	$17,386	$633,158	$7,147
2021	$31,010	$12,887	$684,247	$18,123
2020	$20,805	$8,420	$655,954	$12,385
2019	$19,556	$41,618	$640,561	$-22,062
2018	$18,652	$25,098	$641,151	$-6,446

CHURCHES OF GOD FOUNDATION INC