SHEKINAH RESOURCE FOUNDATION INC

EIN: 475304111 501(c)(3) Human Services

WINSTON SALEM, NC

Total Revenue
$250,862
Total Expenses
N/A
Total Assets
$875,291
Net Assets
$234,990
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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
2015
Legal Domicile
NC
Principal Officer
KEVIN SMITH
Phone
9804749377
Tax Period
2023-01-01 to 2023-12-31

SHEKINAH RESOURCE FOUNDATION INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $251K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

To make a lasting difference in the lives of community members by improving the health and well-being of our citizens.

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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 (2023)

Revenue Breakdown

Contributions & Grants $250,862
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $250,862

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $250,862 $264,918 -0.1%
Expenses N/A $258,627 -1.0%
Net Income N/A $6,291 N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
7

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN SMITH VP 40
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
2023 $250,862 No data $875,291 No data
2021 $634,366 $617,873 $875,291 $16,493
2020 $615,889 $565,328 $22,423 $50,561
2019 $815,889 $732,878 $27,392 $83,011
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