FOOTHILLS RESOURCE GROUP

EIN: 621515754 501(c)(3) Arts, Culture & Humanities

KNOXVILLE, TN

Total Revenue
$215,324
Total Expenses
$363,426
Total Assets
$1,054,407
Net Assets
$1,042,557
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
TN
Principal Officer
THOMAS MOFFIT JR
Phone
8655250620
Tax Period
2023-01-01 to 2023-12-31

FOOTHILLS RESOURCE GROUP, founded in 1992, is a small nonprofit in the Arts, Culture & Humanities sector that reported $215K in total revenue in fiscal year 2023. Revenue surged 1051% from the prior year, signaling strong growth momentum. Expenses of $363K exceeded revenue, resulting in a 69% operating deficit.

Mission

OPERATES RADIO STATIONS BROADCASTING CHRISTIAN MUSIC AND SOME NEWS/TALK PROGRAMMING TO PROMOTE AND DEVELOP CHRISTIAN RELIGION IN THE BROADCAST AREA OF EASTERN TN AND WEST VIRGINIA.

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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 $161,800
Program Service Revenue $36,751
Investment Income $16,773
Other Revenue $0
TOTAL REVENUE $215,324

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,378
Fundraising Expenses $0
Program Expenses $148,146
Other Expenses $238,048
TOTAL EXPENSES $363,426

Year-over-Year Comparison

2023 2022 Change
Revenue $215,324 $18,714 +10.5%
Expenses $363,426 $333,045 +0.1%
Net Income $-148,102 $-314,331 -0.5%
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
3
Independent Members
N/A
Employees
6
Volunteers
20

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
$50,400
Total Directors
4
$50,400
Key Employees
1
$50,400
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS H MOFFIT PRESIDENT 10.00
Officer Director
$0 $0 $0
JOHN MOUDY DIRECTOR 35.00
Officer Director Key Emp
$50,400 $0 $50,400
WILLIAM FENTON DIRECTOR 2.00
Director
$0 $0 $0
JAMES GLOGOWSKI DIRECTOR 5.00
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 No data No data No data No data
2023 $215,324 $363,426 $1,054,407 $-148,102
2022 $18,714 $333,045 $1,203,509 $-314,331
2021 $333,812 $414,396 $1,511,956 $-80,584
2020 $62,941 $440,648 $1,610,752 $-377,707
2019 $79,522 $408,228 $2,026,262 $-328,706
2018 $123,272 $415,074 $2,386,587 $-291,802
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