FUNDAMENTAL BAPTIST HOME MISSIONS INC

EIN: 581484537 501(c)(3) Religion

BESSEMER CITY, NC

Total Revenue
$1,796,201
Total Expenses
$1,773,671
Total Assets
$1,017,705
Net Assets
$1,017,705
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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
1982
Legal Domicile
NC
Principal Officer
GENE CHIP STOWE
Phone
7046294176
Tax Period
2023-07-01 to 2024-06-30

FUNDAMENTAL BAPTIST HOME MISSIONS INC, founded in 1982, is a community nonprofit in the Religion sector that reported $1.8M in total revenue in fiscal year 2023.

Mission

SUPPORT MISSIONARIES IN PREACHING THE GOSPEL.

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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 $1,791,438
Program Service Revenue $0
Investment Income $4,763
Other Revenue $0
TOTAL REVENUE $1,796,201

Expense Breakdown

Grants Paid $1,699,473
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,706,713
Other Expenses $74,198
TOTAL EXPENSES $1,773,671

Year-over-Year Comparison

2023 2022 Change
Revenue $1,796,201 $1,863,781 0.0%
Expenses $1,773,671 $1,830,236 0.0%
Net Income $22,530 $33,545 -0.3%
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
7
Independent Members
7
Employees
N/A
Volunteers
115

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHIP STOWE PRESIDENT 40.00
Officer Director
$0 $0 $0
JACK STEWART VICE PRESIDENT 40.00
Officer Director
$0 $0 $0
LUCILLE B ELLIS SECRETARY-TREASURER 40.00
Officer Director
$0 $0 $0
ERNESTO ANDRADE BOARD MEMBER 2.00
Director
$0 $0 $0
GRADY GREGORY BOARD MEMBER 2.00
Director
$0 $0 $0
JASON MOORE BOARD MEMBER 2.00
Director
$0 $0 $0
BO WAGNER BOARD MEMBER 2.00
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 $1,796,201 $1,773,671 $1,017,705 $22,530
2023 $1,863,781 $1,830,236 $995,175 $33,545
2022 $1,752,228 $1,732,483 $961,630 $19,745
2021 $1,515,209 $1,503,086 $941,885 $12,123
2020 $1,532,869 $1,450,399 $929,762 $82,470
2019 $1,369,471 $1,321,104 $847,292 $48,367
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