VERBIEST FOUNDATION

🔒

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

PAUL BRAECKMANS

Phone

6262828017

Tax Period

2024-01-01 to 2024-12-31

VERBIEST FOUNDATION, founded in 2011, is a micro nonprofit in the Religion sector that reported $62K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $82K exceeded revenue, resulting in a 33% operating deficit.

Mission

THE FOUNDATION PROMOTES DIALOGUE AND CULTURAL EXCHANGE WITH CHINA. IT ENGAGES IN JOINT ACADEMIC RESEARCH WITH INSTITUTES IN CHINA AND IN BELGIUM. IT COOPERATES WITH THE CHURCH IN CHINA IN A SPIRT OF CHRISTIAN BROTHERHOOD AND EQUILITY AMONG PARTICULAR CHURCHES.

Program Service Accomplishments

Program 1

Expenses: $40,000

PROGRAM FOR COOPERATION WITH THE CHURCH IN CHINA: VERBIEST FOUNDATION COOPERATES WITH DIOCESES AND RELIGIOUS COMMUNITIES IN CHINA FOR THE FORMATION OF CHURCH MINISTRIES IN THE FIELD OF PASTORAL...

PROGRAM FOR COOPERATION WITH THE CHURCH IN CHINA: VERBIEST FOUNDATION COOPERATES WITH DIOCESES AND RELIGIOUS COMMUNITIES IN CHINA FOR THE FORMATION OF CHURCH MINISTRIES IN THE FIELD OF PASTORAL CATECHESIS AND HUMAN DEVELOPMENT. TO MAKE THIS POSSIBLE THE FOUNDATION RELIES MAINLY ON GIFTS FROM BENEFACTORS WHO WISH TO PARTICIPATE IN OUR WORK OF EVANGELIZATION.

Program 2

Expenses: $40,000

RESEARCH AND PUBLICATION PROGRAM: VERBIEST FOUNDATION STUDIES THE HISTORY OF CHRISTIANITY, PARTICULARLY OF THE CATHOLIC CHURCH IN CHINA. IT COOPERATES WITH INSTITUTES IN CHINA AND WITH SCHOLARS OF...

RESEARCH AND PUBLICATION PROGRAM: VERBIEST FOUNDATION STUDIES THE HISTORY OF CHRISTIANITY, PARTICULARLY OF THE CATHOLIC CHURCH IN CHINA. IT COOPERATES WITH INSTITUTES IN CHINA AND WITH SCHOLARS OF VARIOUS COUNTRIES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $61,500

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $61,501

Expense Breakdown

Grants Paid $80,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,000

Other Expenses $1,700

TOTAL EXPENSES $81,700

Year-over-Year Comparison

	2024	2023	Change
Revenue	$61,501	$75,508	-0.2%
Expenses	$81,700	$104,803	-0.2%
Net Income	$-20,199	$-29,295	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RENE STOCKMAN	DIRECTOR	1.00	Director	$0	$0	$0
JEROOM HEYNDRICKX	DIRECTOR	1.00	Director	$0	$0	$0
PAUL BRAECKMANS	DIRECTOR	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	$61,501	$81,700	$88,719	$-20,199
2023	$75,508	$104,803	$108,918	$-29,295
2022	$107,503	$72,787	$138,213	$34,716
2021	$124,537	$149,770	$103,497	$-25,233
2020	$115,503	$43,316	$128,729	$72,187
2019	$148,578	$146,362	$56,542	$2,216
2018	$165,482	$156,369	$54,326	$9,113