THE MISSION FOUNDATION INC

EIN: 721241464 501(c)(3) Religion

BATON ROUGE, LA

Total Revenue
$184,774
Total Expenses
$174,866
Total Assets
$341,440
Net Assets
$332,333
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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
1993
Legal Domicile
LA
Principal Officer
REV PHILLIP RODNEY WOOD
Phone
2253389952
Tax Period
2023-01-01 to 2023-12-31

THE MISSION FOUNDATION INC, founded in 1993, is a small nonprofit in the Religion sector that reported $185K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $175K left a modest 5% surplus.

Mission

SPREAD THE GOSPEL OF JESUS CHRIST

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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 $184,257
Program Service Revenue $0
Investment Income $517
Other Revenue $0
TOTAL REVENUE $184,774

Expense Breakdown

Grants Paid $0
Salaries & Benefits $145,490
Fundraising Expenses $0
Program Expenses $174,866
Other Expenses $29,376
TOTAL EXPENSES $174,866

Year-over-Year Comparison

2023 2022 Change
Revenue $184,774 $197,624 -0.1%
Expenses $174,866 $151,026 +0.2%
Net Income $9,908 $46,598 -0.8%
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
2
Employees
N/A
Volunteers
6

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
$114,000
Total Directors
3
$114,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV PHILLIP RODNEY WOOD EX DIR/PRES/MINISTER 45.00
Officer Director
$50,000 $64,000 $114,000
BEN JONES DIR/V. PRES 2.00
Officer Director
$0 $0 $0
DR FREDERIC MICHAELSON DIRECTOR 2.00
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
2024 No data No data No data No data
2023 $184,774 $174,866 $341,440 $9,908
2022 $197,624 $151,026 $322,425 $46,598
2021 $201,646 $163,490 $289,827 $38,156
2020 $212,784 $154,852 $251,430 $57,932
2019 $172,599 $172,224 $182,094 $375
2018 $180,309 $163,655 $179,364 $16,654
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