FAITH CENTER PROPERTY INC

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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

2013

Legal Domicile

Principal Officer

TERRY MEECHAN

Phone

8083263788

Tax Period

2023-01-01 to 2023-12-31

FAITH CENTER PROPERTY INC, founded in 2013, is a micro nonprofit in the Community Improvement sector that reported $93 in total revenue in fiscal year 2023. Revenue surged 221% from the prior year, signaling strong growth momentum. Expenses of $64K exceeded revenue, resulting in a 68383% operating deficit.

Mission

HOLDING TITLE TO PROPERTY, COLLECTION OF INCOME THEREFROM, AND TURNING OVER THE ENTIRE THEREOF LESS EXPENSES TO KONA FAITH CENTER.

Program Service Accomplishments

Program 1

Expenses: $63,689

HOLD TITLE TO THE PROPERTY OF KONA FAITH CENTER (A CHURCH.) PAID EXPENSES RELATED TO THE PROPERTY.

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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 $0

Program Service Revenue $0

Investment Income $93

Other Revenue $0

TOTAL REVENUE $93

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $63,689

Other Expenses $63,689

TOTAL EXPENSES $63,689

Year-over-Year Comparison

	2023	2022	Change
Revenue	$93	$29	+2.2%
Expenses	$63,689	$63,108	+0.0%
Net Income	$-63,596	$-63,079	+0.0%

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

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

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
DONI ANTONE	DIRECTOR	N/A	Director	$0	$0	$0
JASON MEECHAN	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
TERRY MEECHAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
SANDRA SHEPHERD	SECRETARY	N/A	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	No data	No data	No data	No data
2023	$93	$63,689	$2,116,294	$-63,596
2022	$29	$63,108	$2,149,227	$-63,079
2021	$7	$90,008	$1,959,335	$-90,001
2020	$10,000	$102,523	$1,876,762	$-92,523
2019	No data	$106,462	$1,920,551	No data
2018	No data	$87,885	$1,937,586	No data