FAITH & PHILANTHROPY INSTITUTE (EIN 364489504) - 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

2002

Legal Domicile

Principal Officer

Sherrye Willis

Phone

8178350271

Tax Period

2024-01-01 to 2024-12-31

FAITH & PHILANTHROPY INSTITUTE, founded in 2002, is a small nonprofit in the Religion sector that reported $140K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $322K exceeded revenue, resulting in a 129% operating deficit.

Mission

Alliance for Greater Works (AGW) helps leaders and organizations build relationships, capacity, and trust in marginalized communities where they desire to serve. Alliance specializes in earning stakeholders' trust, bridging relationships, promoting responsible nonprofit/ministry practices, and building collaborative initiatives.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,805

Program Service Revenue $123,782

Investment Income $9,707

Other Revenue $89

TOTAL REVENUE $140,383

Expense Breakdown

Grants Paid $21,008

Salaries & Benefits $156,425

Fundraising Expenses $1,990

Program Expenses $200,424

Other Expenses $144,316

TOTAL EXPENSES $321,749

Year-over-Year Comparison

	2024	2023	Change
Revenue	$140,383	$315,565	-0.6%
Expenses	$321,749	$331,068	0.0%
Net Income	$-181,366	$-15,503	+10.7%

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

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

$95,794

Total Directors

$95,794

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sherrye Willis	President & CEO	40	Officer Director	$95,794	$0	$95,794
Cheryl Williams	Chairman	1	Officer Director	$0	$0	$0
Terez Smith	Secretary/Treasurer	1	Officer Director	$0	$0	$0
Sandra Bowie	Director	1	Director	$0	$0	$0
Eurolanda Baptiist Gates	Director	1	Director	$0	$0	$0
Cassandra Greenfield	Director	1	Director	$0	$0	$0
Corey Maples	Director	1	Director	$0	$0	$0
Satrina Reid	Director	1	Director	$0	$0	$0
Dr Ricky Walter	Director	1	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
2024	$140,383	$321,749	$507,617	$-181,366
2023	$315,565	$331,068	$688,268	$-15,503
2022	$61,831	$325,469	$986,600	$-263,638
2021	$1,279,096	$858,480	$976,051	$420,616
2020	$64,385	$1,060,306	$1,611,050	$-995,921
2019	$160,154	$879,353	$1,637,850	$-719,199
2018	$2,583,270	$441,373	$2,264,761	$2,141,897

FAITH & PHILANTHROPY INSTITUTE