Avenue Resource Inc (EIN 680473947) - 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

2001

Legal Domicile

Principal Officer

Clay Allen

Phone

9254519000

Tax Period

2023-01-01 to 2023-12-31

Avenue Resource Inc, founded in 2001, is a micro nonprofit in the Mental Health sector that reported $35K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $61K exceeded revenue, resulting in a 72% operating deficit.

Mission

Provide the way for people to be healed from relationship and sexual brokenness, to experience Jesus' love for each person, and encourage them to live out the abundant life He promised.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,300

Program Service Revenue $34,012

Investment Income $0

Other Revenue $0

TOTAL REVENUE $35,312

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,034

Program Expenses $51,590

Other Expenses $60,691

TOTAL EXPENSES $60,691

Year-over-Year Comparison

	2023	2022	Change
Revenue	$35,312	$177,857	-0.8%
Expenses	$60,691	$180,811	-0.7%
Net Income	$-25,379	$-2,954	+7.6%

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

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
Clay Allen	President	40.00	Officer Director	$0	$0	$0
Susan Allen	Treasurer	40.00	Officer Director	$0	$0	$0
John Clinton	Secretary	10.00	Officer Director	$0	$0	$0
Ty Buckle	Director	10.00	Director	$0	$0	$0
Tom Greene	Executive Dir.	10.00	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	$35,312	$60,691	$20,548	$-25,379
2022	$177,857	$180,811	$51,760	$-2,954
2021	$122,735	$136,269	$56,875	$-13,534
2020	$54,700	$75,244	$76,630	$-20,544
2019	$135,222	$151,264	$17,091	$-16,042

Avenue Resource Inc