SECOND PRESBYTERIAN CHURCH FOUNDATION INC (EIN 621744695) - Form 990 Financial Analysis & Trantor Score

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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

1998

Legal Domicile

Principal Officer

RICHARD C MOORE

Phone

9014540034

Tax Period

2024-07-01 to 2025-06-30

SECOND PRESBYTERIAN CHURCH FOUNDATION INC, founded in 1998, is a community nonprofit in the Religion sector that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $2.6M exceeded revenue, resulting in a 33% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO PROMOTE THE KINGDOM OF GOD THROUGH THE APPROVED MINISTRIES OF SECOND PRESBYTERIAN CHURCH BY DEVELOPING, INVESTING AND DISBURSING FINANCIAL RESOURCES FOR STRATEGIC MINISTRIES IN MEMPHIS, AMERICA AND AROUND THE WORLD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,310,060

Program Service Revenue $0

Investment Income $613,017

Other Revenue $0

TOTAL REVENUE $1,923,077

Expense Breakdown

Grants Paid $2,205,393

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,205,393

Other Expenses $349,354

TOTAL EXPENSES $2,554,747

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,923,077	$12,308,589	-0.8%
Expenses	$2,554,747	$2,579,015	0.0%
Net Income	$-631,670	$9,729,574	-1.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD C MOORE JR	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DAVID F LEAKE	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN D IVY JR	TREASURER	1.00	Officer Director	$0	$0	$0
JEFFREY L BILLIONS	DIRECTOR	1.00	Director	$0	$0	$0
MARY A EDWARDS	DIRECTOR	1.00	Director	$0	$0	$0
ANTOINETTE L GOOD	DIRECTOR	1.00	Director	$0	$0	$0
CARTER F CAMPBELL	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON G MORRISON	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH B PERKINS	DIRECTOR	1.00	Director	$0	$0	$0
FREDERICK C SCHAEFFER JR	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM C OVERCAST	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE W ROBERTSON	DIRECTOR	1.00	Director	$0	$0	$0
BEN J SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
LAWRENCE K JENSEN	DIRECTOR	1.00	Director	$0	$0	$0
JOEL M KAYE	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN F WARNER	SECRETARY	1.00	Officer Director	$0	$0	$0
HUNTER W WITHERINGTON	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
2025	$1,923,077	$2,554,747	$45,904,233	$-631,670
2024	$12,308,589	$2,579,015	$42,446,456	$9,729,574
2023	$906,525	$1,675,299	$30,094,318	$-768,774
2022	$517,678	$1,444,825	$28,728,361	$-927,147
2021	$968,513	$1,261,425	$34,921,722	$-292,912
2020	$504,941	$1,715,944	$26,936,647	$-1,211,003
2019	$1,064,163	$2,717,260	$27,603,059	$-1,653,097
2018	$2,606,303	$2,399,376	$28,578,762	$206,927

SECOND PRESBYTERIAN CHURCH FOUNDATION INC