REASONS TO BELIEVE

EIN: 330168048 501(c)(3) Religion

COVINA, CA

Total Revenue
$5,977,748
Total Expenses
$6,800,805
Total Assets
$8,036,644
Net Assets
$7,649,730
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
CA
Principal Officer
FAZALE RANA PHD
Phone
6263351480
Tax Period
2024-07-01 to 2025-06-30

REASONS TO BELIEVE, founded in 1986, is a community nonprofit in the Religion sector that reported $6.0M in total revenue in fiscal year 2024. Expenses of $6.8M exceeded revenue, resulting in a 14% operating deficit.

Mission

REASONS TO BELIEVE'S (RTB) MISSION IS TO SPREAD THE CHRISTIAN GOSPEL BY DEMONSTRATING THAT SOUND REASON AND SCIENTIFIC RESEARCH-INCLUDING THE VERY LATEST DISCOVERIES-CONSISTENTLY SUPPORT, RATHER THAN ERODE, CONFIDENCE IN THE TRUTH OF THE BIBLE AND FAITH IN THE PERSONAL, TRANSCENDENT GOD REVEALED IN BOTH SCRIPTURE AND NATURE. RTB DOES THAT BY DEVELOPING AND PRODUCING BOOKS, BOOKLETS, DVDS, CDS, PODCASTS, BLOGS AND A VARIETY OF ELECTRONIC MEDIA. THESE ARE USED FOR PRODUCT SALES, PRESENTATIONS, AND THE WORLD WIDE WEB.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,664,812
Program Service Revenue $128,503
Investment Income $93,175
Other Revenue $91,258
TOTAL REVENUE $5,977,748

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,607,875
Fundraising Expenses $1,017,419
Program Expenses $4,879,982
Other Expenses $2,192,930
TOTAL EXPENSES $6,800,805

Year-over-Year Comparison

2024 2023 Change
Revenue $5,977,748 $5,621,033 +0.1%
Expenses $6,800,805 $6,870,579 0.0%
Net Income $-823,057 $-1,249,546 -0.3%
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

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Governance

Voting Members
11
Independent Members
9
Employees
57
Volunteers
596

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
7
$756,424
Total Directors
11
$232,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FAZALE RANA PHD PRESIDENT 40.00
Officer Director
$164,859 $5,400 $170,259
NINA DUNTON WELLS BOARD CHAIR 1.00
Director
$0 $0 $0
KATHLEEN ROSS BOARD SECRETARY AND CO-FOU 40.00
Officer Director
$60,389 $1,852 $62,241
JOHN VAN LEEUWEN BOARD MEMBER 1.00
Director
$0 $0 $0
KERRI MADISON WOLCOTT BOARD MEMBER 1.00
Director
$0 $0 $0
TIM WILLIAMS BOARD VICE CHAIR 1.00
Director
$0 $0 $0
CHRISTOPHER D NILES BOARD MEMBER 1.00
Director
$0 $0 $0
FRANCISCO DELGADO BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES WILLARD BOARD MEMBER 1.00
Director
$0 $0 $0
ARLEN NORDHAGEN TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL PHILLIPS BOARD MEMBER 1.00
Director
$0 $0 $0
HUGH ROSS PHD FOUNDER AND SENIOR SCHOLAR 40.00
Officer
$160,109 $3,884 $163,993
KEN HULTGREN CHIEF DEVELOPMENT OFFICER 40.00
Officer
$103,594 $5,200 $108,794
MARK PEREZ CHIEF OPERATING OFFICER 40.00
Officer
$133,750 $0 $133,750
PHIL CHIEN BUSINESS INTELLIGENCE ANALYST 40.00
Officer
$113,727 $3,660 $117,387
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 $5,977,748 $6,800,805 $8,036,644 $-823,057
2024 $5,621,033 $6,870,579 $8,527,642 $-1,249,546
2023 $5,086,882 $7,370,545 $9,416,968 $-2,283,663
2022 $5,805,662 $6,443,780 $11,307,882 $-638,118
2021 $8,840,612 $5,559,790 $13,037,809 $3,280,822
2020 $4,934,018 $4,811,549 $9,554,966 $122,469
2019 $7,372,250 $4,363,001 $9,927,285 $3,009,249
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