Faith Tabernacle Ministries (EIN 384038914) - 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

2017

Legal Domicile

Phone

3614461154

Tax Period

2023-01-01 to 2023-12-31

Faith Tabernacle Ministries, founded in 2017, is a small nonprofit in the Religion sector that reported $564K in total revenue in fiscal year 2023. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $216K, a strong 38% operating margin.

Mission

Our Mission is to reach the Community through the ACTS program We are involved with the courts and the probation offices to help their clients get the classes they need to better their lives. We teach 6 classes to adults and Juveniles. The classes include parenting Alcohol and dependency family violence parenting and finances.

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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 $342,450

Program Service Revenue $0

Investment Income $221,425

Other Revenue $0

TOTAL REVENUE $563,875

Expense Breakdown

Grants Paid $0

Salaries & Benefits $330,500

Fundraising Expenses $0

Program Expenses $900

Other Expenses $17,453

TOTAL EXPENSES $347,953

Year-over-Year Comparison

	2023	2022	Change
Revenue	$563,875	$285,679	+1.0%
Expenses	$347,953	$144,967	+1.4%
Net Income	$215,922	$140,712	+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

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

$330,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kaleb Rule	Director	40.00	Officer	$330,500	$0	$330,500

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
2023	$563,875	$347,953	$249,845	$215,922
2022	$285,679	$144,967	$217,905	$140,712
2021	$165,150	$273,641	$308,991	$-108,491
2020	$139,400	$77,732	$481,776	$61,668
2019	$206,023	$195,133	$553,468	$10,890

Faith Tabernacle Ministries