FOUNDATION FOR FAMILY VALUES WATCHERS OF TRUTH MINISTRIES

EIN: 383594925 501(c)(3) Religion

ROCHESTER HILLS, MI

Total Revenue
$380,207
Total Expenses
$355,911
Total Assets
$50,669
Net Assets
$28,427
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MI
Principal Officer
SEBASTIAN LUCIDO
Phone
2484136100
Tax Period
2024-01-01 to 2024-12-31

FOUNDATION FOR FAMILY VALUES WATCHERS OF TRUTH MINISTRIES, founded in 2021, is a small nonprofit in the Religion sector that reported $380K in total revenue in fiscal year 2024. Expenses of $356K left a modest 6% surplus.

Mission

OUR MINISTRY IS COMMITTED TO EQUIPPING BELIEVERS WITH A CLEAR UNDERSTANDING OF GOD'S WORD, EMPOWERING THEM TO LIVE FAITHFULLY AND PURPOSEFULLY IN TODAY'S WORLD. WE BELIEVE THE BIBLE IS THE UNCHANGING TRUTH, PROVIDING GUIDANCE FOR KNOWING GOD, UNDERSTANDING HIS EXPECTATIONS, AND WALKING IN HIS PROMISES.

Program Service Accomplishments

Program 1
Expenses: $337,948

THROUGH IN-DEPTH BIBLE STUDY TEACHINGS, WE AIM TO RIGHTLY DIVIDE THE WORD OF TRUTH, BRINGING FORTH ITS MEANING WITHOUT COMPROMISE. OUR MISSION IS TO HELP BELIEVERS APPLY BIBLICAL PRINCIPLES TO THEIR...

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THROUGH IN-DEPTH BIBLE STUDY TEACHINGS, WE AIM TO RIGHTLY DIVIDE THE WORD OF TRUTH, BRINGING FORTH ITS MEANING WITHOUT COMPROMISE. OUR MISSION IS TO HELP BELIEVERS APPLY BIBLICAL PRINCIPLES TO THEIR DAILY LIVES, EXPERIENCING THE FREEDOM AND TRANSFORMATION THAT COMES FROM LIVING IN ALIGNMENT WITH GOD'S TRUTH. IN A CULTURE FILLED WITH NOISE AND CONFUSION, WE PROVIDE CLARITY AND WISDOM ROOTED IN SCRIPTURE, HELPING BELIEVERS NAVIGATE LIFE WITH CONFIDENCE AND DISCERNMENT. WITH THOUGHTFULLY DESIGNED CURRICULUMS, VIDEO TEACHINGS, AND DAILY DEVOTIONS, WE STRIVE TO INSPIRE AND EQUIP BELIEVERS TO GROW IN THEIR FAITH, LIVE OUT BIBLICAL PRINCIPLES, AND REFLECT GOD'S LOVE IN EVERY ASPECT OF THEIR LIVES.

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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 $380,207
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $380,207

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,425
Fundraising Expenses $0
Program Expenses $337,948
Other Expenses $265,486
TOTAL EXPENSES $355,911

Year-over-Year Comparison

2024 2023 Change
Revenue $380,207 $360,311 +0.1%
Expenses $355,911 $359,117 0.0%
Net Income $24,296 $1,194 +19.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
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
3
$67,316
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEBASTIAN LUCIDO PRESIDENT 40.00
Officer
$67,316 $0 $67,316
ISABELLA VARADY DIRECTOR N/A
Director
$0 $0 $0
LARRY CIARAMITARO FINANCIAL SE N/A
Officer
$0 $0 $0
KRIS LUCIDO SECRETARY N/A
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
2024 $380,207 $355,911 $50,669 $24,296
2023 $360,311 $359,117 $26,373 $1,194
2022 $231,473 $228,366 $25,179 $3,107
2021 $251,182 $248,200 $3,911 $2,982
2020 $125,389 $123,740 $4,090 $1,649
2019 $87,611 $89,554 $2,441 $-1,943
2018 $95,079 $234,067 $2,758 $-138,988
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