The Power Foundation (EIN 273284156) - 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

Principal Officer

Jim Robinson

Tax Period

2024-01-01 to 2024-12-31

The Power Foundation, founded in 2010, is a community nonprofit in the Religion sector that reported $1.2M in total revenue in fiscal year 2024. Net assets of $2.6M represent 26 months of operating reserves.

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.

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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 $643,352

Program Service Revenue $532,457

Investment Income $28,041

Other Revenue $0

TOTAL REVENUE $1,203,850

Expense Breakdown

Grants Paid $0

Salaries & Benefits $288,527

Fundraising Expenses $0

Program Expenses $1,165,601

Other Expenses $880,374

TOTAL EXPENSES $1,168,901

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,203,850	$1,176,097	+0.0%
Expenses	$1,168,901	$1,278,710	-0.1%
Net Income	$34,949	$-102,613	-1.3%

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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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

Total Directors

Key Employees

Highest Compensated

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
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

The Power Foundation