FAITH INTERNATIONAL MINISTRIES INC

EIN: 593224880 501(c)(3) Religion

PENSACOLA, FL

Total Revenue
$88,150
Total Expenses
$69,163
Total Assets
$252,668
Net Assets
$124,210
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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
1994
Legal Domicile
FL
Principal Officer
LARRY N FORNEY
Phone
8504449490
Tax Period
2025-01-01 to 2025-12-31

FAITH INTERNATIONAL MINISTRIES INC, founded in 1994, is a micro nonprofit in the Religion sector that reported $88K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $19K, a strong 22% operating margin.

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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 (2025)

Revenue Breakdown

Contributions & Grants $88,150
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $88,150

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $69,163
TOTAL EXPENSES $69,163

Year-over-Year Comparison

2025 2024 Change
Revenue $88,150 $93,677 -0.1%
Expenses $69,163 $73,373 -0.1%
Net Income $18,987 $20,304 -0.1%
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
2
Independent Members
2
Employees
N/A
Volunteers
5

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY FORNEY PRESIDENT AND DIRECTOR 40.00
Officer Director
$0 $0 $0
RAYMOND E STEPHENSON SECRETARY AND TREASURER 0.00
Officer 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 $88,150 $69,163 $252,668 $18,987
2024 No data No data No data No data
2023 $73,494 $72,388 $267,857 $1,106
2022 $66,901 $75,071 $277,273 $-8,170
2021 $81,639 $83,542 $289,701 $-1,903
2020 $148,866 $158,351 $259,038 $-9,485
2019 $219,112 $229,439 $270,181 $-10,327
2018 $350,617 $332,644 $292,167 $17,973
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