FARMINGTON AREA ECUMENICAL MINISTRY (EIN 261526949) - 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

2001

Legal Domicile

Principal Officer

DENNIS O'NEIL

Phone

2077782163

Tax Period

2024-01-01 to 2024-12-31

FARMINGTON AREA ECUMENICAL MINISTRY, founded in 2001, is a small nonprofit in the Education sector that reported $235K in total revenue in fiscal year 2024. Revenue surged 350% from the prior year, signaling strong growth momentum. The organization ran a surplus of $146K, a strong 62% operating margin.

Mission

FAEM'S MISSION IS TO WORK COOPERATIVELY WITH PEOPLE OF ALL FAITHS AND PEOPLE OF LIKE PURPOSE TO RESPOND TO THE SOCIAL, PHYSICAL, AND SPIRITUAL NEEDS OF THE PEOPLE OF THE AREA IT SERVES.

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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 $234,784

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $234,784

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $79,448

Other Expenses $88,826

TOTAL EXPENSES $88,826

Year-over-Year Comparison

	2024	2023	Change
Revenue	$234,784	$52,191	+3.5%
Expenses	$88,826	$60,458	+0.5%
Net Income	$145,958	$-8,267	-18.7%

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
AMY PALMER	DIRECTOR	0.50	Director	$0	$0	$0
JANET BRACKETT	DIRECTOR	0.50	Director	$0	$0	$0
ANNE SMITH	VICE MODERATOR	1.00	Officer Director	$0	$0	$0
BRENDA HOLMAN	DIRECTOR	0.50	Director	$0	$0	$0
MARJORIE AUSTIN	DIRECTOR	0.50	Director	$0	$0	$0
FR PAUL DUMAIS	DIRECTOR	0.50	Director	$0	$0	$0
DANIEL PALMER	TREASURER	1.00	Officer Director	$0	$0	$0
DENNIS O'NEIL	FINANCIAL SECRETARY	1.00	Officer Director	$0	$0	$0
PETER COOK	DIRECTOR	0.50	Director	$0	$0	$0
ARLINE AMOS	SECRETARY	0.50	Officer Director	$0	$0	$0
DEBBY BLISS BUJNOCKI	DIRECTOR	0.50	Director	$0	$0	$0
CHRISTOPHER SMITH	DIRECTOR	0.50	Director	$0	$0	$0
PASTOR DAVID PORTER	DIRECTOR	0.50	Director	$0	$0	$0
JOHN BALICKI	MODERATOR	0.50	Officer Director	$0	$0	$0
CHARLOTTE WOODCOCK	REGISTERED AGENT	1.00	Officer Director	$0	$0	$0
BRENDA SCRIBNER	DIRECTOR	0.50	Director	$0	$0	$0
MARGARET GOULD WESCOTT	DIRECTOR	0.50	Director	$0	$0	$0
REBECCA JASCH	DIRECTOR	0.50	Director	$0	$0	$0
JOHN HOGUE	DIRECTOR	0.50	Director	$0	$0	$0
SUSAN WILEY	DIRECTOR	0.50	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	No data	No data	No data	No data
2024	$234,784	$88,826	$348,045	$145,958

FARMINGTON AREA ECUMENICAL MINISTRY