FUNDAMENTAL BAPTIST HOME MISSIONS … - Form 990 Financial Data

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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

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

PREACH THE GOSPEL OF JESUS CHRIST, ESTABLISH CHURCHES, AND TRAIN MEN TO BE MISSIONARIES, TEACHERS, AND PASTORS.

Program Service Accomplishments

Program 1

Expenses: $1,706,713

FINANCIAL SUPPORT UTILIZED FOR LIVING EXPENSES AND CHURCH NEEDS WAS PROVIDED TO 115 FUNDAMENTAL BAPTIST HOME MISSIONARIES IN PREACHING THE GOSPEL OF JESUS CHRIST.

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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 (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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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

FUNDAMENTAL BAPTIST HOME MISSIONS INC