The Power Foundation

EIN: 273284156 501(c)(3) Religion

Piedmont, SC

Total Revenue
$993,359
Total Expenses
$1,247,219
Total Assets
$2,397,945
Net Assets
$2,340,347
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
SC
Principal Officer
Jim Robinson
Tax Period
2025-01-01 to 2025-12-31

The Power Foundation, founded in 2010, is a small nonprofit in the Religion sector that reported $993K in total revenue in fiscal year 2025. Revenue decreased 17% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 26% operating deficit.

Mission

Supporting the development and sustainment of Christian radio broadcasting. The organizaion has constructed a network of radio stations to broadcast Christian content under the name The Life FM.

Program Service Accomplishments

Program 1
Expenses: $1,244,910 Revenue: $428,221

Supporting the development and sustainment of Christain radio broadcasting. The organizataion has constructed a network of radio stations that broadcast Christian content under the name The Life FM.

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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 (2025)

Revenue Breakdown

Contributions & Grants $565,138
Program Service Revenue $428,221
Investment Income $0
Other Revenue $0
TOTAL REVENUE $993,359

Expense Breakdown

Grants Paid $4,000
Salaries & Benefits $303,400
Fundraising Expenses $0
Program Expenses $1,244,910
Other Expenses $939,819
TOTAL EXPENSES $1,247,219

Year-over-Year Comparison

2025 2024 Change
Revenue $993,359 $1,203,850 -0.2%
Expenses $1,247,219 $1,168,901 +0.1%
Net Income $-253,860 $34,949 -8.3%
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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Governance

Voting Members
5
Independent Members
3
Employees
10
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark McClure President 1.00
Director
$0 $0 $0
Bill Bliss Director 1.00
Director
$0 $0 $0
John Trent Counsel 0.00
Director
$0 $0 $0
Jim Robinson Director 40.00
Officer
$0 $0 $0
Carolyn McClure Robinson Secretary 1.00
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 $993,359 $1,247,219 $2,397,945 $-253,860
2024 $1,203,850 $1,168,901 $2,620,811 $34,949
2023 $1,176,097 $1,278,710 $2,581,863 $-102,613
2022 $1,287,874 $1,290,005 $2,667,749 $-2,131
2021 $1,686,399 $1,172,906 $2,773,175 $513,493
2020 $1,926,173 $1,169,751 $2,390,195 $756,422
2019 $1,211,021 $1,067,736 $2,503,035 $143,285
2018 $1,028,130 $1,029,833 $2,375,741 $-1,703
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