DR GEORGE J FARHA ENDOWMENT FOR CH… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

GAYLE MALONE

Phone

3162530970

Tax Period

2023-07-01 to 2024-06-30

DR GEORGE J FARHA ENDOWMENT FOR CHRIST FOR CHRIST THE SAVIOR ACADEMY INC, founded in 2015, is a micro nonprofit in the Education sector that reported $26K in total revenue in fiscal year 2023. Net assets of $640K represent 291 months of operating reserves.

Mission

THE ENDOWMENT IS TO BE USED TO SUPPORT THE OPERATIONAL FUND OF CHRIST THE SAVIOR ACADEMY. THE GOAL IS TO KEEP TUITION LOW SO THAT ALL CHILDREN WHO DESIRE A RIGOROUS CHRISTIAN EDUCATION CAN AFFORD IT.

Program Service Accomplishments

Program 1

Expenses: $25,000

THE ENDOWMENT IS TO BE USED TO SUPPORT THE OPERATIONAL FUND OF CHRIST THE SAVIOR ACADEMY. THE GOAL IS TO KEEP TUITION LOW SO THAT ALL CHILDREN WHO DESIRE A RIGOROUS CHRISTIAN EDUCATION CAN AFFORD IT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $26,414

Other Revenue $0

TOTAL REVENUE $26,414

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,000

Other Expenses $2,780

TOTAL EXPENSES $27,780

Year-over-Year Comparison

	2023	2022	Change
Revenue	$26,414	$25,959	+0.0%
Expenses	$27,780	$27,435	+0.0%
Net Income	$-1,366	$-1,476	-0.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
GAYLE MALONE	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID ELKOURI	SECRETARY & TREASURER	1.00	Officer Director	$0	$0	$0
DR JERRY COHLMIA	DIRECTOR	1.00	Director	$0	$0	$0
JAMIL MALONE	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
2025	No data	No data	No data	No data
2024	$26,414	$27,780	$640,500	$-1,366
2023	$25,959	$27,435	$641,866	$-1,476
2022	$46,240	$2,325	$643,342	$43,915
2021	$71,623	$52,215	$599,427	$19,408
2020	$41,522	$22,150	$580,019	$19,372
2019	$37,673	$2,090	$560,647	$35,583

DR GEORGE J FARHA ENDOWMENT FOR CHRIST FOR CHRIST THE SAVIOR ACADEMY INC