HOLY COMFORTER EPISCOPAL CHURCH FOUNDATION INC (EIN 562154040) - Form 990 Financial Analysis & Trantor Score

🔒

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

2001

Legal Domicile

Principal Officer

Bradley Patterson

Phone

7043324171

Tax Period

2024-01-01 to 2024-12-31

HOLY COMFORTER EPISCOPAL CHURCH FOUNDATION INC, founded in 2001, is a micro nonprofit in the Religion sector that reported $36K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $46K exceeded revenue, resulting in a 27% operating deficit.

Mission

The foundation shall be used to meet the long-term major maintenance requirements as well as mission and ministry needs which are generally beyond the scope of the operating budget of the supported organization, The Episcopal Church of the Holy Comforter, Charlotte, NC.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $200

Program Service Revenue $0

Investment Income $33,733

Other Revenue $2,189

TOTAL REVENUE $36,122

Expense Breakdown

Grants Paid $45,755

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $45,755

Other Expenses $0

TOTAL EXPENSES $45,755

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,122	$107,651	-0.7%
Expenses	$45,755	$48,500	-0.1%
Net Income	$-9,633	$59,151	-1.2%

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

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
Mitchell Wickham	President	2	Officer Director	$0	$0	$0
Connie Reid	Treasurer	1	Officer Director	$0	$0	$0
Elsie Garfield	Secretary	1	Officer Director	$0	$0	$0
Simms Doster	Director	1	Director	$0	$0	$0
Amy McKee	Director	1	Director	$0	$0	$0
Bradley Patterson	Director	1	Director	$0	$0	$0
David Pond	Director	1	Director	$0	$0	$0
Russell Weil	Director	1	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	$36,122	$45,755	$1,173,699	$-9,633
2023	$107,651	$48,500	$1,083,418	$59,151
2022	$-13,589	$37,153	$969,523	$-50,742
2021	$160,228	$63,300	$1,020,265	$96,928
2020	$57,055	$12,925	$923,337	$44,130
2019	$9,150	$1,000	$879,207	$8,150
2018	$8,410	No data	$871,057	No data

HOLY COMFORTER EPISCOPAL CHURCH FOUNDATION INC