The Forgotten Church Inc (EIN 271915050) - 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

2010

Legal Domicile

Phone

3106580273

Tax Period

2023-01-01 to 2023-12-31

The Forgotten Church Inc, founded in 2010, is a small nonprofit in the Religion sector that reported $627K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $757K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE FORGOTTEN CHURCH IS A NOT FOR PROFIT, NON-DENOMINATIONAL CHRISTIAN ORGANIZATION THAT MEETS THE NEEDS OF THE LOCAL COMMUNITY THROUGH SPIRITUAL GUIDANCE AND IMMEDIATE NEEDS.

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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 $396,360

Program Service Revenue $50,996

Investment Income $24

Other Revenue $179,743

TOTAL REVENUE $627,123

Expense Breakdown

Grants Paid $0

Salaries & Benefits $261,770

Fundraising Expenses $0

Program Expenses $670,954

Other Expenses $494,892

TOTAL EXPENSES $756,662

Year-over-Year Comparison

	2023	2022	Change
Revenue	$627,123	$758,628	-0.2%
Expenses	$756,662	$867,136	-0.1%
Net Income	$-129,539	$-108,508	+0.2%

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

2000

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

$34,125

Total Directors

$8,125

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TREASURER	0.5	Officer Director	$0	$0	$0
N/A	SECRETARY	40.0	Officer Director	$8,125	$0	$8,125
N/A	VICE PRESIDENT	0.5	Officer Director	$0	$0	$0
N/A	DIRECTOR	0.5	Director	$0	$0	$0
N/A	DIRECTOR	0.5	Director	$0	$0	$0
N/A	DIRECTOR	0.5	Director	$0	$0	$0
N/A	DIRECTOR	0.5	Director	$0	$0	$0
N/A	EXECUTIVE DIRECTOR	50.0	Officer	$26,000	$0	$26,000

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	$627,123	$756,662	$1,534,431	$-129,539
2022	$758,628	$867,136	$1,676,800	$-108,508
2021	$1,024,173	$922,730	$1,861,738	$101,443
2020	$860,682	$805,069	$1,642,606	$55,613
2019	$669,260	$641,455	$1,652,800	$27,805
2018	$989,469	$569,875	$1,638,396	$419,594

The Forgotten Church Inc