SISK FOUNDATION BUNCOMBE ST METHODIST CHURCH (EIN 570817902) - 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

1972

Legal Domicile

Principal Officer

KAREN GAMBRELL

Phone

8642327341

Tax Period

2024-01-01 to 2024-12-31

SISK FOUNDATION BUNCOMBE ST METHODIST CHURCH, founded in 1972, is a small nonprofit that reported $207K in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $334K exceeded revenue, resulting in a 61% operating deficit.

Mission

PROPAGATE AND PROCLAIM THE CHRISTIAN FAITH. THE MOST SIGNIFICANT ACTIVITY OF THE FOUNDATION IS TO DISTRIBUTE YEARLY GRANTS TO APPLICANTS THAT SERVE THE INDIGENT NEEDS OF THE COMMUNITY.

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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 $0

Program Service Revenue $0

Investment Income $207,077

Other Revenue $0

TOTAL REVENUE $207,077

Expense Breakdown

Grants Paid $329,926

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $329,926

Other Expenses $3,884

TOTAL EXPENSES $333,810

Year-over-Year Comparison

	2024	2023	Change
Revenue	$207,077	$122,851	+0.7%
Expenses	$333,810	$319,371	+0.0%
Net Income	$-126,733	$-196,520	-0.4%

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

N/A

Volunteers

281

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

$153,922

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN GAMBRELL	OPERATIONS D	1.00	Officer	$0	$0	$89,941
JUSTIN GILREATH	DIRECTOR	1.00	Officer	$0	$0	$63,981
BLAIR BAILEY	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTTIE LU BRANDT	BOARD MEMBER	1.00	Director	$0	$0	$0
RYAN BURNETT	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER COYLE	BOARD MEMBER	1.00	Director	$0	$0	$0
MIGNON FOWLER	BOARD MEMBER	1.00	Director	$0	$0	$0
KRISTY IKENBERRY	BOARD MEMBER	1.00	Director	$0	$0	$0
HELEN MEYER	BOARD MEMBER	1.00	Director	$0	$0	$0
KIM REDMOND	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK ROBIRDS	BOARD MEMBER	1.00	Director	$0	$0	$0
PATTIE SEIGLER	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNA THOMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN TOMLINSON	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHY WILSON	BOARD MEMBER	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	$207,077	$333,810	$6,895,992	$-126,733
2023	$122,851	$319,371	$6,598,531	$-196,520
2022	$102,505	$364,691	$5,988,079	$-262,186
2021	$2,573,129	$366,464	$7,618,577	$2,206,665
2020	$31,096	$325,078	$7,282,941	$-293,982
2019	$826,332	$279,554	$6,455,213	$546,778
2018	$65,231	$311,926	$5,563,902	$-246,695

SISK FOUNDATION BUNCOMBE ST METHODIST CHURCH