THE FOUNDRY MINISTRIES INC

EIN: 630624278 501(c)(3) Human Services

BESSEMER, AL

Total Revenue
$8,461,654
Total Expenses
$7,869,099
Total Assets
$8,439,717
Net Assets
$3,531,891
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
AL
Principal Officer
MICAH ANDREWS
Phone
2054288449
Tax Period
2023-07-01 to 2024-06-30

THE FOUNDRY MINISTRIES INC, founded in 1994, is a community nonprofit in the Human Services sector that reported $7.8M in total revenue in fiscal year 2017. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

A CHRIST-CENTERED NON-PROFIT OFFERING COMPREHENSIVE RECOVERY FOR SUBSTANCE ABUSE AND OTHER LIFE-CONTROLLING PROBLEMS VIA COUNSELING, CASE MANAGEMENT, EDUCATION, EMPLOYMENT READINESS AND AFTERCARE SERVICES. ADDITIONAL SERVICES INCLUDE FOOD, HOUSING, TRANSPORTATION, CLOTHING, LEGAL ASSISTANCE AND MENTAL HEALTH CARE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,176,631
Program Service Revenue $5,951,200
Investment Income $18,319
Other Revenue $315,504
TOTAL REVENUE $8,461,654

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,510,744
Fundraising Expenses $682,346
Program Expenses $6,276,300
Other Expenses $4,278,569
TOTAL EXPENSES $7,869,099

Year-over-Year Comparison

2023 2022 Change
Revenue $8,461,654 $7,425,963 +0.1%
Expenses $7,869,099 $7,525,480 +0.0%
Net Income $592,555 $-99,517 -7.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
159
Volunteers
100

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
3
$300,395
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDMUND PERRY CHAIRMAN 1.00
Director
$0 $0 $0
C BEN NEVINS VICE CHAIRMAN 1.00
Director
$0 $0 $0
CRAIG CECIL TREASURER 1.00
Director
$0 $0 $0
SHERRI JACKSON PEREIRA SECRETARY 1.00
Director
$0 $0 $0
ANTHONY BANDURA BOARD MEMBER 1.00
Director
$0 $0 $0
WHIT DEBARDELEBEN BOARD MEMBER 1.00
Director
$0 $0 $0
M J LYONS III BOARD MEMBER 1.00
Director
$0 $0 $0
TANNER ALLEN BOARD MEMBER 1.00
Director
$0 $0 $0
BEAU ARMISTEAD BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH CORNAY BOARD MEMBER 1.00
Director
$0 $0 $0
ENRICO CAMATA BOARD MEMBER 1.00
Director
$0 $0 $0
JAY WEATHERLY BOARD MEMBER 1.00
Director
$0 $0 $0
TOM MAYFIELD BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC KERLEY BOARD MEMBER 1.00
Director
$0 $0 $0
KERRI CROWE BOARD MEMBER 1.00
Director
$0 $0 $0
STEWART DUNBAR BOARD MEMBER 1.00
Director
$0 $0 $0
LINDSAY HACKNEY BOARD MEMBER 1.00
Director
$0 $0 $0
RICK STEWART BOARD MEMBER 1.00
Director
$0 $0 $0
MICAH ANDREWS CHIEF EXECUTIVE OFFICER 40.00
Officer
$120,000 $0 $120,000
VICTOR C SLAY CHIEF FINANCIAL OFFICER 30.00
Officer
$80,000 $7,745 $87,745
DARREL G GARRETT CHIEF OPERATING OFFICER 40.00
Officer
$89,000 $3,650 $92,650
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 No data No data No data No data
2024 $8,461,654 $7,869,099 $8,439,717 $592,555
2023 $7,425,963 $7,525,480 $8,030,311 $-99,517
2022 $8,931,425 $7,656,405 $6,292,436 $1,275,020
2021 $7,932,474 $7,414,701 $5,415,974 $517,773
2020 $7,231,752 $8,036,512 $5,264,884 $-804,760
2019 $8,107,299 $8,451,188 $5,241,126 $-343,889
2018 $7,798,687 $8,368,287 $5,621,814 $-569,600
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