FOUNDATION MINISTRIES INC (EIN 452050962) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

KRISTI KIRK

Phone

7403982095

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION MINISTRIES INC, founded in 2011, is a micro nonprofit in the International Affairs sector that reported $89K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $25K, a strong 28% operating margin.

Mission

A CHRISTIAN ORGANIZATION THAT DOES YEAR ROUND MISSION WORK IN OHIO AND THE AFRICAN NATIONS OF KENYA AND PHILIPPINES. THE ORGANIZATION'S ACTIVITIES PROVIDE FOR PEOPLE'S NEEDS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $88,752

TOTAL REVENUE $88,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,680

Fundraising Expenses $0

Program Expenses $47,105

Other Expenses $60,288

TOTAL EXPENSES $63,968

Year-over-Year Comparison

	2023	2022	Change
Revenue	$88,752	$79,189	+0.1%
Expenses	$63,968	$69,350	-0.1%
Net Income	$24,784	$9,839	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Total Directors

$2,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SIMION MAGABE	DIRECTOR	4.00	Director	$0	$0	$0
HERBERT J YODER	DIRECTOR	4.00	Director	$0	$0	$0
KRISTI J KIRK	TREASURER/SECRETARY	5.00	Director	$2,400	$0	$2,400
T JASON KIRK	PRESIDENT/DIRECTOR	3.00	Director	$0	$0	$0
JULIE KIRK	BOARD MEMBER	1.00	Director	$0	$0	$0
GARY O'BRYON	VICE PRESIDENT	1.00	Director	$0	$0	$0
TIM YODER	BOARD MEMBER	1.00	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	$88,752	$63,968	No data	$24,784
2022	$79,189	$69,350	No data	$9,839
2021	$64,717	$60,409	No data	$4,308
2020	$103,706	$94,586	No data	$9,120
2019	$90,457	$139,714	No data	$-49,257
2018	$147,050	$92,513	No data	$54,537

FOUNDATION MINISTRIES INC