THE FIRST BAPTIST CHURCH OF ATHENS FOUNDATION INC (EIN 582029406) - 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

1992

Legal Domicile

Phone

7065481359

Tax Period

2023-10-01 to 2024-09-30

THE FIRST BAPTIST CHURCH OF ATHENS FOUNDATION INC, founded in 1992, is a micro nonprofit in the Religion sector that reported $31K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $10K, a strong 31% operating margin.

Mission

THE PURPOSE OF THE FOUNDATION IS TO RECEIVE AND ADMINISTER GIFTS AND BEQUESTS MADE TO THE FIRST BAPTIST CHURCH OF ATHENS, GEORGIA. THE ACTIVITIES OF THE FOUNDATION ARE CENTERED AROUND THE MAINTENANCE AND DISBURSEMENT OF ITS VARIOUS FUNDS FOR CHARITABLE AND RELIGIOUS PURPOSES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $250

Program Service Revenue $0

Investment Income $30,364

Other Revenue $0

TOTAL REVENUE $30,614

Expense Breakdown

Grants Paid $13,433

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,433

Other Expenses $7,597

TOTAL EXPENSES $21,030

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,614	$41,836	-0.3%
Expenses	$21,030	$59,054	-0.6%
Net Income	$9,584	$-17,218	-1.6%

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

N/A

Employees

N/A

Volunteers

N/A

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
GARY BLASINGAME	Treasurer	6.00	Director	$0	$0	$0
CYNTHIA HAYGOOD	Secretary	2.00	Director	$0	$0	$0
ROBERT BURTON	Director	2.00	Director	$0	$0	$0
WILSON DENNEY	FIN COMM REP	2.00	Director	$0	$0	$0
MARK SANDERS VI	Director	2.00	Director	$0	$0	$0
JIMMY THOMASON	President	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
2024	$30,614	$21,030	$1,564,780	$9,584
2023	$41,836	$59,054	$1,274,780	$-17,218
2022	$56,126	$62,838	$1,153,418	$-6,712
2021	$89,939	$10,524	$1,427,358	$79,415
2020	$42,184	$22,108	$1,183,493	$20,076
2019	$48,740	$67,808	$1,150,992	$-19,068

THE FIRST BAPTIST CHURCH OF ATHENS FOUNDATION INC