SHUNEM FOUNDATION (EIN 300499380) - 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

2008

Legal Domicile

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'S MISSION IS TO SUPPORT CHRISTIAN ORGANIZATIONS AND PEOPLE IN NEED.

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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 (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

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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

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

$453,366

Total Directors

$453,366

Key Employees

Highest Compensated

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

SHUNEM FOUNDATION