THE OVERCOMER FOUNDATION (EIN 262930033) - 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

2009

Legal Domicile

Principal Officer

DAVID WHEATON

Phone

8886462233

Tax Period

2023-01-01 to 2023-12-31

THE OVERCOMER FOUNDATION, founded in 2009, is a small nonprofit in the Religion sector that reported $482K in total revenue in fiscal year 2023. Expenses of $426K left a modest 12% surplus.

Mission

THE OVERCOMER FOUNDATION'S MISSION IS TO HELP PEOPLE OVERCOME THE CHALLENGES OF LIFE

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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 $425,170

Program Service Revenue $70

Investment Income $4,503

Other Revenue $52,656

TOTAL REVENUE $482,399

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,897

Fundraising Expenses $12,918

Program Expenses $378,962

Other Expenses $386,655

TOTAL EXPENSES $425,552

Year-over-Year Comparison

	2023	2022	Change
Revenue	$482,399	$476,385	+0.0%
Expenses	$425,552	$228,442	+0.9%
Net Income	$56,847	$247,943	-0.8%

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

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

$50,220

Total Directors

$50,220

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID WHEATON	EXECUTIVE DIR.	20.00	Officer Director	$0	$0	$0
DAVID ANDERSON	TREASURER	0.00	Officer Director	$0	$0	$0
BRODIE WHEATON	SECRETARY	40.00	Officer Director	$50,220	$0	$50,220
MARK WHEATON	DIRECTOR	0.00	Director	$0	$0	$0
JOHN STYRBICKI	DIRECTOR	0.00	Director	$0	$0	$0
BRUCE WHEATON	DIRECTOR	0.00	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	$482,399	$425,552	$578,477	$56,847
2022	$476,385	$228,442	$540,073	$247,943
2021	$270,174	$163,183	$274,899	$106,991
2020	$262,175	$208,865	$152,060	$53,310

THE OVERCOMER FOUNDATION