FOSSORES (EIN 464517795) - 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

2018

Legal Domicile

Principal Officer

DR DAVID MCDONALD

Phone

5179369546

Tax Period

2024-01-01 to 2024-12-31

FOSSORES, founded in 2018, is a small nonprofit in the Religion sector that reported $198K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $233K exceeded revenue, resulting in a 17% operating deficit.

Mission

FOSSORES PROVIDES TRAINING, COACHING, AND RESOURCES TO PASTORS.

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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 $95,217

Program Service Revenue $90,509

Investment Income $0

Other Revenue $12,407

TOTAL REVENUE $198,133

Expense Breakdown

Grants Paid $50

Salaries & Benefits $35,740

Fundraising Expenses $40,078

Program Expenses $171,194

Other Expenses $196,987

TOTAL EXPENSES $232,777

Year-over-Year Comparison

	2024	2023	Change
Revenue	$198,133	$315,338	-0.4%
Expenses	$232,777	$281,196	-0.2%
Net Income	$-34,644	$34,142	-2.0%

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

Volunteers

115

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

$33,200

Total Directors

$33,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR DAVID MCDONALD	FOUNDER	40.00	Officer Director	$33,200	$0	$33,200
GREG GALLAGHER	PRESIDENT	1.00	Officer Director	$0	$0	$0
LOREN KERNS	DIRECTOR	1.00	Director	$0	$0	$0
JOSH KIRCHMEIER	TREASURER	1.00	Officer Director	$0	$0	$0
RYAN PHILLIPS	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVE WAHLSTEDT	DIRECTOR	1.00	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	$198,133	$232,777	$473,466	$-34,644
2023	$315,338	$281,196	$492,953	$34,142
2022	$188,652	$211,564	$507,644	$-22,912
2021	$180,128	$119,422	$512,596	$60,706

FOSSORES