Pleasant Hills Childrens Home of the Assemblies of God

EIN: 741662544 501(c)(3) Human Services

Fairfield, TX

Total Revenue
$4,496,552
Total Expenses
$3,363,054
Total Assets
$12,115,914
Net Assets
$12,099,282
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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
1970
Legal Domicile
TX
Principal Officer
Dr Harry Thomassen
Phone
9033892641
Tax Period
2024-01-01 to 2024-12-31

Pleasant Hills Childrens Home of the Assemblies of God, founded in 1970, is a community nonprofit in the Human Services sector that reported $4.5M in total revenue in fiscal year 2024. The organization ran a surplus of $1.1M, a strong 25% operating margin.

Mission

CARE FOR DEPENDENT AND NEGLECTED CHILDREN

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,224,176
Program Service Revenue $19,157
Investment Income $252,636
Other Revenue $583
TOTAL REVENUE $4,496,552

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,747,903
Fundraising Expenses $225,129
Program Expenses $2,616,788
Other Expenses $1,615,151
TOTAL EXPENSES $3,363,054

Year-over-Year Comparison

2024 2023 Change
Revenue $4,496,552 $4,251,761 +0.1%
Expenses $3,363,054 $3,628,957 -0.1%
Net Income $1,133,498 $622,804 +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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Governance

Voting Members
30
Independent Members
30
Employees
37
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
2
$300,000
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Harry Thomassen Executive Direc 80.00
Officer
$150,000 $0 $150,000
Mrs Martha Thomassen Development Dir 80.00
Officer
$150,000 $0 $150,000
Rev Kermit Bell ExecDirector VP 0.00
Director
$0 $0 $0
Mr Cee Freeman Director 0.00
Director
$0 $0 $0
Rev Don Wiehe Sec/ Exec Dir 0.00
Director
$0 $0 $0
Rev Glenn Beaver Pres / Exec Dir 0.00
Director
$0 $0 $0
Rev Stacie Cathcart Director 0.00
Director
$0 $0 $0
Dr Jonathan Mussett Director 0.00
Director
$0 $0 $0
Rev Nelson Gonzalez Director 0.00
Director
$0 $0 $0
Mr Karl Giere Director 0.00
Director
$0 $0 $0
Rev Christina Sattesahn Director 0.00
Director
$0 $0 $0
Mr Denis Dennis Exec Dir 0.00
Director
$0 $0 $0
Ms Sabrina Nance Director 0.00
Director
$0 $0 $0
Rev Mike Hanks Director 0.00
Director
$0 $0 $0
Mr Buddy Tidwell Director 0.00
Director
$0 $0 $0
Rev Brad Smith Director 0.00
Director
$0 $0 $0
Rev Josh Satterfield Director 0.00
Director
$0 $0 $0
Rev Darius Johnston Director 0.00
Director
$0 $0 $0
Rev Billy Nickell Director 0.00
Director
$0 $0 $0
Rev Gregg Headley Director 0.00
Director
$0 $0 $0
Rev Gaylan Claunch Director 0.00
Director
$0 $0 $0
Mr Rick McCrary Exec Director 0.00
Director
$0 $0 $0
Mr Shannon Thrasher Director 0.00
Director
$0 $0 $0
Rev Tom Lakey Director 0.00
Director
$0 $0 $0
Rev Mike Allard Director 0.00
Director
$0 $0 $0
Dr Tim Barker Director 0.00
Director
$0 $0 $0
Mrs Debbie Bullard Exec Director 0.00
Director
$0 $0 $0
Rev Albert Cortez Director 0.00
Director
$0 $0 $0
Dr Michael Fleck Director 0.00
Director
$0 $0 $0
Mrs Jill Barker Director 0.00
Director
$0 $0 $0
Rev Robert Hogan Director 0.00
Director
$0 $0 $0
Rev Len McLaughlin Director 0.00
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 $4,496,552 $3,363,054 $12,115,914 $1,133,498
2023 $4,251,761 $3,628,957 $10,597,464 $622,804
2022 $3,664,526 $2,544,297 $9,143,552 $1,120,229
2021 $3,801,112 $2,505,337 $8,025,450 $1,295,775
2020 $3,260,916 $2,357,056 $6,720,953 $903,860
2019 $2,554,048 $2,108,303 $5,807,991 $445,745
2018 $2,314,323 $2,153,460 $5,381,230 $160,863
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