SHUNEM FOUNDATION

EIN: 300499380 501(c)(3) Housing & Shelter

FORT MILL, SC

Total Revenue
$68,001
Total Expenses
$12,884
Total Assets
$985,033
Net Assets
$979,033
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CA
Principal Officer
RICHARD JOYNER
Phone
8038025544
Tax Period
2022-07-01 to 2023-06-30

SHUNEM FOUNDATION, founded in 2008, is a micro nonprofit in the Housing & Shelter sector that reported $68K in total revenue in fiscal year 2022. The organization ran a surplus of $55K, a strong 81% operating margin.

Mission

THE FOUNDATION STRIVES TO SUPPORT CHRISTIAN ORGANIZATIONS AND PEOPLE IN NEED BY PROVIDING TEMPORARY LODGING TO CHRISTIAN MINISTERS AND MISSIONARIES AND MAKING CONTRIBUTIONS TO CHRISTIAN CHARITABLE ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $12,884 Revenue: $68,000

THE FOUNDATION PROVIDED LOW-COST HOUSING TO CHRISTIAN MINISTERS AND MISSIONARIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $68,001
Investment Income $0
Other Revenue $0
TOTAL REVENUE $68,001

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $12,884
Other Expenses $12,884
TOTAL EXPENSES $12,884

Year-over-Year Comparison

2022 2021 Change
Revenue $68,001 $67,000 +0.0%
Expenses $12,884 $12,884 N/A
Net Income $55,117 $54,116 +0.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
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
$453,366
Total Directors
2
$453,366
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD JOYNER PRESIDENT & CEO 40.00
Officer Director
$0 $55,000 $277,247
DAVID YARNES VICE PRESIDENT & COO 40.00
Officer Director
$0 $45,000 $176,119
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
2023 $68,001 $12,884 $985,033 $55,117
2022 $67,000 $12,884 $929,916 $54,116
2021 $71,400 $12,884 $875,800 $58,516
2020 $75,600 $12,884 $817,284 $62,716
2019 $75,600 $23,059 $923,947 $52,541
2018 $72,000 $23,117 $895,838 $48,883
Explore More Nonprofits
→Top 100 Nonprofits in South Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SHUNEM FOUNDATION with other nonprofits in South Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.