FAITH OUTREACH MINISTRIES (EIN 742345996) - 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

1984

Legal Domicile

Principal Officer

CRAIG HILL

Phone

3037971139

Tax Period

2024-01-01 to 2024-12-31

FAITH OUTREACH MINISTRIES, founded in 1984, is a micro nonprofit that reported $80K in total revenue in fiscal year 2024. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $289K exceeded revenue, resulting in a 259% operating deficit.

Mission

TO ASSIST THOSE WHO PROCLAIM THE GOSPEL OF JESUS CHRIST TO THE WORLD

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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 (2024)

Revenue Breakdown

Contributions & Grants $21,910

Program Service Revenue $0

Investment Income $11,992

Other Revenue $46,536

TOTAL REVENUE $80,438

Expense Breakdown

Grants Paid $400

Salaries & Benefits $24,000

Fundraising Expenses $0

Program Expenses $274,626

Other Expenses $264,428

TOTAL EXPENSES $288,828

Year-over-Year Comparison

	2024	2023	Change
Revenue	$80,438	$401,874	-0.8%
Expenses	$288,828	$233,612	+0.2%
Net Income	$-208,390	$168,262	-2.2%

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

N/A

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

$24,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG HILL	PRESIDENT	25.00	Officer	$24,000	$0	$24,000
JOSH HILL	BOARD MEMBER	2.00	Director	$0	$0	$0
FREDA MACCLEAR	BOARD MEMBER	2.00	Director	$0	$0	$0
JAN HILL	SEC/TREAS	2.00	Officer	$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	$80,438	$288,828	$1,226,577	$-208,390
2023	$401,874	$233,612	$1,527,277	$168,262
2022	$92,011	$37,020	$1,358,045	$54,991
2021	$29,621	$53,045	$1,301,424	$-23,424
2020	$-2,637	$100,697	$1,324,848	$-103,334
2019	$90,678	$56,397	$1,516,853	$34,281
2018	$84,891	$58,454	$1,507,414	$26,437

FAITH OUTREACH MINISTRIES