FOUNDATION ADVANCING CREATION TRUTH (EIN 300187495) - 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

2004

Legal Domicile

Principal Officer

ROBERT CANEN

Phone

4063773228

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION ADVANCING CREATION TRUTH, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $203K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $196K left a modest 3% surplus.

Mission

THE MISSION OF THE FOUNDATION ADVANCING CREATION TRUTH(FACT)AND ITS RELATED MINISTRIES IS TO GLORIFY GOD AS CREATOR AND SUSTAINER, EMPHASIZE MAN'S ACCOUNTABILITY TO HIM, TO AFFIRM GOD'S REVEALED AND INSPIRED WORD AS THE PREEMINENT SOURCE OF TRUTH AND AUTHORITY, AND TO CHALLENGE MANKIND TO THINK THROUGH THE HUMANISTIC CONCEPT OF EVOLUTION AND ITS UNDERLYING PREMISE THAT THE EARTH IS BILLIONS OF YEARS OLD.

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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 $57,686

Program Service Revenue $96,355

Investment Income $73

Other Revenue $48,493

TOTAL REVENUE $202,607

Expense Breakdown

Grants Paid $0

Salaries & Benefits $66,721

Fundraising Expenses $14,180

Program Expenses $161,073

Other Expenses $129,407

TOTAL EXPENSES $196,128

Year-over-Year Comparison

	2023	2022	Change
Revenue	$202,607	$220,284	-0.1%
Expenses	$196,128	$195,370	+0.0%
Net Income	$6,479	$24,914	-0.7%

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

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

$45,510

Total Directors

$61,350

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT CANEN	PRESIDENT	40.00	Officer Director	$45,510	$0	$45,510
CHARLES HALEY III	DIRECTOR	10.00	Director	$15,840	$0	$15,840
LARRY HOSTETLER	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT KEMMIS	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS LOHMAN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
BARRY LOVE	DIRECTOR	1.00	Director	$0	$0	$0
JIM MCBRIDE	TREASURER	1.00	Officer Director	$0	$0	$0
CALVIN STICKEL	DIRECTOR	1.00	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	$202,607	$196,128	$2,421,588	$6,479
2022	$220,284	$195,370	$2,228,699	$24,914
2021	$220,890	$181,149	$2,253,215	$39,741
2020	$130,836	$151,309	$2,245,325	$-20,473
2019	$181,646	$172,521	$2,297,604	$9,125
2018	$167,175	$179,533	$2,324,402	$-12,358

FOUNDATION ADVANCING CREATION TRUTH