International Pentecostal Holiness Foundation Inc

EIN: 731618309 501(c)(3) Religion

Fayetteville, NC

Total Revenue
$466,490
Total Expenses
$683,751
Total Assets
$13,424,220
Net Assets
$1,959,263
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NC
Phone
4057927166
Tax Period
2022-01-01 to 2022-12-31

International Pentecostal Holiness Foundation Inc, founded in 2001, is a small nonprofit in the Religion sector that reported $466K in total revenue in fiscal year 2022. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $684K exceeded revenue, resulting in a 47% operating deficit.

Mission

The IPHF is organized for the exclusive benefit of the International Pentecostal Holiness Church, its subsidiaries, affiliates, institutions, conferences and local churches.

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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 (2022)

Revenue Breakdown

Contributions & Grants $422,487
Program Service Revenue $73,831
Investment Income $-29,828
Other Revenue $0
TOTAL REVENUE $466,490

Expense Breakdown

Grants Paid $397,514
Salaries & Benefits $193,607
Fundraising Expenses $0
Program Expenses $586,948
Other Expenses $92,630
TOTAL EXPENSES $683,751

Year-over-Year Comparison

2022 2021 Change
Revenue $466,490 $720,271 -0.4%
Expenses $683,751 $554,733 +0.2%
Net Income $-217,261 $165,538 -2.3%
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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Governance

Voting Members
38
Independent Members
38
Employees
1
Volunteers
N/A

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
4
$162,500
Total Directors
9
$32,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
George Wilson Board Chair 3.00
Officer Director
$0 $0 $0
William R Till Board Sec-Treas 20.00
Officer Director
$2,500 $30,000 $32,500
Geraldine King Board Member 1.00
Director
$0 $0 $0
David McClain Board Member 1.00
Director
$0 $0 $0
Scott Joyner Executive Director 40.00
Officer
$130,000 $0 $130,000
David Hays Board Vice-Chair 2.00
Officer
$0 $0 $0
Albert Gray Board Member 1.00
Director
$0 $0 $0
Randell Drake Board Member 1.00
Director
$0 $0 $0
Preston Mathena Board Member 1.00
Director
$0 $0 $0
Stephen Haynes Board Member 1.00
Director
$0 $0 $0
Jared Snider Board Member 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
2023 No data No data No data No data
2022 $466,490 $683,751 $13,424,220 $-217,261
2021 $720,271 $554,733 $17,419,729 $165,538
2020 $479,877 $352,748 $15,603,446 $127,129
2019 $732,947 $602,368 $15,772,573 $130,579
2018 $287,850 $664,880 $13,931,368 $-377,030
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