KEEP THE FAITH FOUNDATION INC

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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

2003

Legal Domicile

Principal Officer

TONIA COWAN

Phone

6012148958

Tax Period

2021-01-01 to 2021-12-31

KEEP THE FAITH FOUNDATION INC, founded in 2003, is a small nonprofit in the Education sector that reported $313K in total revenue in fiscal year 2021. Revenue surged 1871% from the prior year, signaling strong growth momentum. Expenses of $284K left a modest 9% surplus.

Mission

IMPROVEMENT OF PEOPLES LIVES THROUGH COMMUNITY SERVICES AND PROGRAMS THROUGH EDUCATION, TRAINING AND WORK OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $283,076 Revenue: $312,960

IMPROVEMENT OF PEOPLES LIVES THROUGH COMMUNITY SERVICES AND PROGRAMS THROUGH EDUCATION, TRAINING AND WORK OPPORTUNITIES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $311,125

Program Service Revenue $1,211

Investment Income $624

Other Revenue $0

TOTAL REVENUE $312,960

Expense Breakdown

Grants Paid $264,850

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $283,076

Other Expenses $18,933

TOTAL EXPENSES $283,783

Year-over-Year Comparison

	2021	2020	Change
Revenue	$312,960	$15,875	+18.7%
Expenses	$283,783	$20,392	+12.9%
Net Income	$29,177	$-4,517	-7.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONIA COWAN	President	20.00	Director	$0	$0	$0
JAMES THRASHER	Director	2.00	Director	$0	$0	$0
LONDON THOMPSON	Director	8.00	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
2021	$312,960	$283,783	$336,711	$29,177