NEW TESTAMENT RESTORATION FOUNDATION (EIN 582221461) - 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

1996

Legal Domicile

Principal Officer

STEPHEN E ATKERSON

Phone

4702137722

Tax Period

2024-01-01 to 2024-12-31

NEW TESTAMENT RESTORATION FOUNDATION, founded in 1996, is a small nonprofit in the Religion sector that reported $259K in total revenue in fiscal year 2024. Revenue surged 124% from the prior year, signaling strong growth momentum. Expenses of $222K left a modest 14% surplus.

Mission

PROVIDING HOUSING TO INDIGENT PERSONS, DISTRIBUTING CHURCH MATERIALS, SPONSORING TEACHER WORKSHOPS AND GIVING FINANCIAL AID TO CHURCH WORKERS.

🔒

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 $126,622

Program Service Revenue $0

Investment Income $131,933

Other Revenue $133

TOTAL REVENUE $258,688

Expense Breakdown

Grants Paid $76,346

Salaries & Benefits $70,020

Fundraising Expenses $0

Program Expenses $186,551

Other Expenses $76,134

TOTAL EXPENSES $222,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,688	$115,424	+1.2%
Expenses	$222,500	$207,155	+0.1%
Net Income	$36,188	$-91,731	-1.4%

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

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

$65,000

Total Directors

$65,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN E ATKERSON	PRESIDENT	40.00	Officer Director	$65,000	$0	$65,000
LES BUFORD	DIRECTOR	1.00	Director	$0	$0	$0
NATHANIEL CAOUETTE	DIRECTOR	1.00	Director	$0	$0	$0
WILTON SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
DAN TROTTER	DIRECTOR	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	$258,688	$222,500	$1,700,143	$36,188
2023	$115,424	$207,155	$1,804,576	$-91,731
2022	$197,783	$204,195	$1,896,307	$-6,412
2021	$196,463	$192,618	$1,902,719	$3,845
2020	$187,232	$160,013	$1,898,874	$27,219
2019	$152,136	$133,086	$1,880,204	$19,050
2018	$151,466	$139,296	$1,558,414	$12,170

NEW TESTAMENT RESTORATION FOUNDATION