Faith Aid

EIN: 463260343 501(c)(3) International Affairs

Watertown, SD

Total Revenue
$1,193,531
Total Expenses
$734,568
Total Assets
$816,054
Net Assets
$815,989
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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
NE
Principal Officer
Jacob Fraher
Phone
5715100735
Tax Period
2024-01-01 to 2024-12-31

Faith Aid, founded in 2014, is a community nonprofit in the International Affairs sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 109% from the prior year, signaling strong growth momentum. The organization ran a surplus of $459K, a strong 38% operating margin.

Mission

The organization cares for the sick and suffering in Jesus name by partnering with Christian mission hospitals, helping patients unable to afford treatment, and supporting Mustard Seed House ministry locations in Kenya.

Program Service Accomplishments

Program 1
Expenses: $215,674

Mustard Seed House is a Christian ministry in Kenya caring for families with sick children. Each home is within walking distance of a Christian mission hospital, where specialized care draws families...

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Mustard Seed House is a Christian ministry in Kenya caring for families with sick children. Each home is within walking distance of a Christian mission hospital, where specialized care draws families from across the region, nation, and even the continent. While they seek healing, our team provides safe lodging, meals, and the hope of the Gospel walking with each family through their time of need.

Program 2
Expenses: $215,674

Our Compassionate Care program provides grants to Christian mission hospitals in Kenya to serve patients living in poverty. We help cover costs for those with urgent needs in cardiac, neuro...

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Our Compassionate Care program provides grants to Christian mission hospitals in Kenya to serve patients living in poverty. We help cover costs for those with urgent needs in cardiac, neuro, orthopedic, pediatric, pediatric surgery, renal, emergency, and oncology care. Partnering with hospital teams, we remove financial barriers so patients can receive life-saving treatment and hear the hope of the Gospel.

Program 3
Expenses: $215,675

Our Room for More program provides grants to expand Mustard Seed House capacity in Kenya and launch new houses near additional partner mission hospitals. Demand for our services exceeds current...

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Our Room for More program provides grants to expand Mustard Seed House capacity in Kenya and launch new houses near additional partner mission hospitals. Demand for our services exceeds current space, leaving families in medical crisis without safe lodging, meals, and Gospel-centered care. By creating more room, we can welcome more patients and families to experience comfort, compassion, and the hope of Christ.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,193,251
Program Service Revenue $0
Investment Income $59
Other Revenue $221
TOTAL REVENUE $1,193,531

Expense Breakdown

Grants Paid $525,719
Salaries & Benefits $158,626
Fundraising Expenses $44,806
Program Expenses $647,023
Other Expenses $50,223
TOTAL EXPENSES $734,568

Year-over-Year Comparison

2024 2023 Change
Revenue $1,193,531 $569,734 +1.1%
Expenses $734,568 $336,459 +1.2%
Net Income $458,963 $233,275 +1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
2
Volunteers
30

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
2
$100,300
Total Directors
6
$100,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jacob Fraher President 040.00
Officer Director
$100,300 $0 $100,300
William Joseph Carlin Director 001.00
Director
$0 $0 $0
Betsy Henderson Director 001.00
Director
$0 $0 $0
Richard Parsons Director 001.00
Director
$0 $0 $0
WIll Copeland Director 001.00
Director
$0 $0 $0
Ted Lillestolen Director 001.00
Director
$0 $0 $0
Dominic Bodoh Treasurer 002.00
Officer
$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 $1,193,531 $734,568 $816,054 $458,963
2023 $569,734 $336,459 $357,061 $233,275
2022 $259,808 $194,894 $123,409 $64,914
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