THE FAITH AND LAW PROJECT

EIN: 541544718 501(c)(3)

Arlington, VA

Total Revenue
$497,827
Total Expenses
$457,186
Total Assets
$363,009
Net Assets
$348,749
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
VA
Principal Officer
Bill Wichterman
Phone
2026437685
Tax Period
2023-01-01 to 2023-12-31

THE FAITH AND LAW PROJECT, founded in 1990, is a small nonprofit that reported $498K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $457K left a modest 8% surplus.

Mission

Faith and Law's mission is to encourage and equip Christian policymakers to more fully understand the Biblical worldview and its implication in their calling to the public square.

Program Service Accomplishments

Program 1
Expenses: $135,695 Revenue: $0

We measure our accomplishments with the annual leadership conference through surveys, and in 2023 all attendees at our leadership conference who responded to our survey were very or extremely...

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We measure our accomplishments with the annual leadership conference through surveys, and in 2023 all attendees at our leadership conference who responded to our survey were very or extremely satisfied with the conference and many praised us for the many ways we implemented their suggestions from last year. 100% of those who completed the survey said they would attend future Faith and Law retreats, with 95% saying they would be very likely to invite others to attend.

Program 2
Expenses: $97,499 Revenue: $0

In 2023, Faith and Law hosted more Friday Forums for Capitol Hill staff than any other year in the organization's history. The Friday forums continue to be the most well known program that we offer...

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In 2023, Faith and Law hosted more Friday Forums for Capitol Hill staff than any other year in the organization's history. The Friday forums continue to be the most well known program that we offer and those event have the largest cumulative attendance throughout the year. Our Hill Staff Advisory Board serves as a quarterly focus group to assess our Friday Forum lectures and panels.

Program 3
Expenses: $95,374 Revenue: $0

Outside of the Friday Forums, weekly interest group meetings are our third largest program area, and include Reading Groups, Film Discussions, Hill Ministry Lunches and Mentoring Programs. In 2023...

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Outside of the Friday Forums, weekly interest group meetings are our third largest program area, and include Reading Groups, Film Discussions, Hill Ministry Lunches and Mentoring Programs. In 2023 Faith and Law hosted more reading groups, and seminars for Capitol Hill staff than any other year in the organization's history, and including Friday Forums, we hosted 100+ events. We bolstered our current program offerings while also launching a few new initiatives, making great strides on our goals as outlined in our three-year strategic plan focused on expanding breadth and increasing depth in our participants, and increasing long-term sustainability and mission-effectiveness of the organization. Our Hill Staff Advisory Board serves as a quarterly focus group to assess our events and panels, as well as reading groups.

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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 $496,141
Program Service Revenue $0
Investment Income $1,686
Other Revenue $0
TOTAL REVENUE $497,827

Expense Breakdown

Grants Paid $0
Salaries & Benefits $221,004
Fundraising Expenses $74,793
Program Expenses $328,568
Other Expenses $236,182
TOTAL EXPENSES $457,186

Year-over-Year Comparison

2023 2022 Change
Revenue $497,827 $382,958 +0.3%
Expenses $457,186 $346,302 +0.3%
Net Income $40,641 $36,656 +0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
8
Employees
2
Volunteers
30

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
4
$98,317
Total Directors
9
$0
Key Employees
2
$98,317
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lauren Richardson Noyes Executive Director 18
Officer Key Emp
$60,247 $2,653 $62,900
Susan Gates Executive Director 40
Officer Key Emp
$35,417 $0 $35,417
John Palafoutas Director, Chairman 5
Officer Director
$0 $0 $0
Bill Wichterman Director, President 5
Officer Director
$0 $0 $0
Kiki Bradley Director 2
Director
$0 $0 $0
Cherie Harder Director 2
Director
$0 $0 $0
Gabe Neville Director 2
Director
$0 $0 $0
Mark Rodgers Director 2
Director
$0 $0 $0
Matthew Spalding Director 2
Director
$0 $0 $0
Mark Strand Director 2
Director
$0 $0 $0
Marc Wheat Director 2
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 $497,827 $457,186 $363,009 $40,641
2022 $382,958 $346,302 $311,893 $36,656
2021 $345,637 $268,444 $270,914 $77,193
2020 $276,403 $172,450 $193,723 $103,953
2019 $247,839 $232,102 $89,771 $15,737
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