Foundation Outreach International

EIN: 273007906 501(c)(3) Religion

Allen, TX

Total Revenue
$125,009
Total Expenses
$199,493
Total Assets
$123,870
Net Assets
$123,870
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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
TX
Principal Officer
Jim B Franks
Phone
9725217773
Tax Period
2024-07-01 to 2025-06-30

Foundation Outreach International, founded in 2010, is a small nonprofit in the Religion sector that reported $125K in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $199K exceeded revenue, resulting in a 60% operating deficit.

Mission

The mission of Foundation Outreach International is to provide aid, support, and volunteers for humanitarian and educational projects around the world.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $125,009
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $125,009

Expense Breakdown

Grants Paid $99,083
Salaries & Benefits $24,000
Fundraising Expenses $8,587
Program Expenses $167,769
Other Expenses $76,410
TOTAL EXPENSES $199,493

Year-over-Year Comparison

2024 2023 Change
Revenue $125,009 $293,899 -0.6%
Expenses $199,493 $163,825 +0.2%
Net Income $-74,484 $130,074 -1.6%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
60

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
3
$0
Total Directors
7
$0
Key Employees
1
$24,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jim Franks President 2.00
Officer Director
$0 $0 $0
Jerry Hanson Treasurer 4.00
Officer
$0 $0 $0
Jessica Schultz Secretary 2.00
Officer
$0 $0 $0
Cory Erickson Director 2.00
Director
$0 $0 $0
Doug Horchak Director 2.00
Director
$0 $0 $0
Cliff Demarest Director 4.00
Director
$0 $0 $0
David Register Director 2.00
Director
$0 $0 $0
Rhonda Waddle Executive Director 30.00
Key Emp
$24,000 $0 $24,000
Steve McNeely Director 2.00
Director
$0 $0 $0
Matthew Gus Director 4.00
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
2025 $125,009 $199,493 $123,870 $-74,484
2024 $293,899 $163,825 $198,354 $130,074
2023 $179,157 $170,344 $68,280 $8,813
2022 $151,372 $91,371 $70,712 $60,001
2021 $45,757 $51,111 $10,693 $-5,354
2020 $77,350 $92,093 $16,047 $-14,743
2019 $111,843 $120,486 $30,790 $-8,643
2018 $96,430 $99,420 $39,433 $-2,990
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