FAITH HAVEN CAMP 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

2022

Legal Domicile

Principal Officer

STACY THORMODSON

Phone

2188645303

Tax Period

2025-01-01 to 2025-12-31

FAITH HAVEN CAMP INC, founded in 2022, is a small nonprofit in the Religion sector that reported $271K in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $46K, a strong 17% operating margin.

Mission

OUR MISSION IS TO PROMOTE SPIRITUAL GROWTH, CHRISTIAN FELLOWSHIP AND ENHANCE YOUTH DEVELOPMENT.

Program Service Accomplishments

Program 1

Expenses: $217,356 Revenue: $187,965

FAITH HAVEN CAMP, INC. IS A FACILITIES CAMP WHICH PROVIDES OUR FACILITIES FOR CAMPS, RETREATS AND GATHERINGS RELATED TO OUR MISSION STATEMENT. THIS PRIMARILY RELATES TO RELIGIOUS SPIRITUAL...

FAITH HAVEN CAMP, INC. IS A FACILITIES CAMP WHICH PROVIDES OUR FACILITIES FOR CAMPS, RETREATS AND GATHERINGS RELATED TO OUR MISSION STATEMENT. THIS PRIMARILY RELATES TO RELIGIOUS SPIRITUAL INSTRUCTION. OUR FACILITIES INCLUDE LODGING, KITCHENS AND GYMNASIUMS ALONG WITH INDOOR AND OUTDOOR RECREATIONAL EQUIPMENT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $76,881

Program Service Revenue $187,965

Investment Income $1,476

Other Revenue $5,117

TOTAL REVENUE $271,439

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,763

Fundraising Expenses $7,616

Program Expenses $217,356

Other Expenses $138,209

TOTAL EXPENSES $224,972

Year-over-Year Comparison

	2025	2024	Change
Revenue	$271,439	$248,463	+0.1%
Expenses	$224,972	$282,312	-0.2%
Net Income	$46,467	$-33,849	-2.4%

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

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
STACY THORMODSON	President	1.00	Officer Director	$0	$0	$0
JEFF OLSON	BOARD MEMBER	1.00	Officer	$0	$0	$0
SUE DUNCAN	Secretary	1.00	Officer	$0	$0	$0
BEAU FABIAN	Treasurer	1.00	Officer	$0	$0	$0
MARY MONSRUD	Vice President	1.00	Officer	$0	$0	$0
ERIK HENDRICKSON	BOARD MEMBER	1.00	Officer	$0	$0	$0
RACHEL HOVLAND	BOARD MEMBER	1.00	Officer	$0	$0	$0
HEIDI KENT	BOARD MEMBER	1.00	Officer	$0	$0	$0
MYRNA VANWATERMULEN	BOARD MEMBER	1.00	Officer	$0	$0	$0
JESSICA KEIERLEBER	BOARD MEMBER	1.00	Officer	$0	$0	$0
MISSI ABFALTER	BOARD MEMBER	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
2025	$271,439	$224,972	$3,405,451	$46,467
2024	$248,463	$282,312	$3,353,341	$-33,849
2023	$250,769	$200,592	$3,351,478	$50,177