Firm Foundation in Christ Ministries Inc (EIN 463741710) - 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

2013

Legal Domicile

Principal Officer

RICHARD GARDNER

Tax Period

2022-01-01 to 2022-12-31

Firm Foundation in Christ Ministries Inc, founded in 2013, is a small nonprofit in the Religion sector that reported $599K in total revenue in fiscal year 2022. Expenses of $660K exceeded revenue, resulting in a 10% operating deficit.

Mission

FFICM helps new believers build a firm foundation for their faith based on a strong relationship with Christ. FFICM programs teach how to follow up with new believers and enable them to have a strong relationship with 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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $601,712

Program Service Revenue $0

Investment Income $14

Other Revenue $-2,570

TOTAL REVENUE $599,156

Expense Breakdown

Grants Paid $176,610

Salaries & Benefits $366,424

Fundraising Expenses $124,640

Program Expenses $354,089

Other Expenses $116,627

TOTAL EXPENSES $659,661

Year-over-Year Comparison

	2022	2021	Change
Revenue	$599,156	$563,329	+0.1%
Expenses	$659,661	$576,110	+0.1%
Net Income	$-60,505	$-12,781	+3.7%

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

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

$103,000

Total Directors

$103,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD GARDNER	PRESIDENT	50.00	Officer Director	$73,000	$30,000	$103,000
Doug Hoy	Board Member	5.00	Director	$0	$0	$0
DEBORAH SEZOV	BOARD MEMBER	2.50	Director	$0	$0	$0
Bulus Galadima	Board Member	1.50	Director	$0	$0	$0
KEITH LARSON	BOARD MEMBER	1.00	Director	$0	$0	$0
NATHAN THEOPHANES	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
KENNETH KEELEY	BOARD SECRETARY	10.00	Officer Director	$0	$0	$0
MIKE TRAINOR	TREASURER	5.00	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
2022	$599,156	$659,661	$97,365	$-60,505
2021	$563,329	$576,110	$172,874	$-12,781
2020	$461,364	$400,284	$171,697	$61,080
2018	$325,583	$322,974	$67,260	$2,609

Firm Foundation in Christ Ministries Inc