7 Billion Reasons Inc (EIN 460985976) - 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

2014

Legal Domicile

Principal Officer

MARK KANODE

Phone

9193450843

Tax Period

2024-01-01 to 2024-12-31

7 Billion Reasons Inc, founded in 2014, is a small nonprofit in the International Affairs sector that reported $359K in total revenue in fiscal year 2024. Revenue surged 100% from the prior year, signaling strong growth momentum. The organization ran a surplus of $153K, a strong 42% operating margin.

Mission

TO GO AND SHARE THE LOVE OF JESUS CHRIST BY MEETING SPIRITUAL, EDUCATIONAL, AND PHYSICAL NEEDS IN IMPOVERISHED COMMUNITIES THROUGHOUT THE WORLD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $356,260

Program Service Revenue $0

Investment Income $5,467

Other Revenue $-2,341

TOTAL REVENUE $359,386

Expense Breakdown

Grants Paid $164,189

Salaries & Benefits $0

Fundraising Expenses $4,957

Program Expenses $197,217

Other Expenses $42,642

TOTAL EXPENSES $206,831

Year-over-Year Comparison

	2024	2023	Change
Revenue	$359,386	$179,876	+1.0%
Expenses	$206,831	$197,325	+0.0%
Net Income	$152,555	$-17,449	-9.7%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL HARWOOD	ADVISORY COUNCIL MEMBER	1.00	Director	$0	$0	$0
KATHLEEN HARWOOD	ADVISORY COUNCIL MEMBER	1.00	Director	$0	$0	$0
KEITH SCHOMBURG	ADVISORY COUNCIL MEMBER	1.00	Director	$0	$0	$0
KRISTY DECICCO	BOARD MEMBER	5.00	Director	$0	$0	$0
MARK KANODE	PRESIDENT	8.00	Officer Director	$0	$0	$0
CHRISTINE WERTZ	VICE PRESIDENT	8.00	Officer Director	$0	$0	$0
LORI KANODE	TREASURER	8.00	Officer 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	$359,386	$206,831	$644,295	$152,555
2023	$179,876	$197,325	$490,856	$-17,449
2022	$185,406	$185,468	$508,305	$-62
2021	$204,755	$145,534	$508,367	$59,221
2018	$220,010	$129,728	$377,966	$90,282

7 Billion Reasons Inc