FAITH MEMORIAL CHURCH INC (EIN 383957951) - 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

2015

Legal Domicile

Principal Officer

CA CRANFIELD

Phone

4234766281

Tax Period

2023-01-01 to 2023-12-31

FAITH MEMORIAL CHURCH INC, founded in 2015, is a small nonprofit in the Religion sector that reported $200K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year.

Mission

SHARING THE CHRISTIAN GOSPEL THROUGH WORSHIP AND MINISTRY

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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 (2023)

Revenue Breakdown

Contributions & Grants $199,168

Program Service Revenue $0

Investment Income $514

Other Revenue $449

TOTAL REVENUE $200,131

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,358

Fundraising Expenses $0

Program Expenses $183,979

Other Expenses $127,088

TOTAL EXPENSES $216,446

Year-over-Year Comparison

	2023	2022	Change
Revenue	$200,131	$231,757	-0.1%
Expenses	$216,446	$265,643	-0.2%
Net Income	$-16,315	$-33,886	-0.5%

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

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

Total Directors

$64,386

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CA CRANFIELD	PASTOR	40.00	Director	$64,386	$0	$64,386
FRANK BUTLER	DEACON	2.00	Director	$0	$0	$0
MIKE MCCORMICK	DEACON	2.00	Director	$0	$0	$0
TED WALKER	DEACON	2.00	Director	$0	$0	$0
GUY MABES	DEACON	2.00	Director	$0	$0	$0
BILL CHAMBERS	DEACON	2.00	Director	$0	$0	$0
CHARLES BARIE	DEACON	2.00	Director	$0	$0	$0
DOUG ODOM	DEACON	2.00	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
2024	No data	No data	No data	No data
2023	$200,131	$216,446	$90,148	$-16,315
2022	$231,757	$265,643	$106,463	$-33,886
2021	$273,918	$223,194	$146,738	$50,724
2020	$206,590	$174,035	$94,537	$32,555

FAITH MEMORIAL CHURCH INC