THE FATHERLESS FOUNDATION INC (EIN 743220493) - 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

2007

Legal Domicile

Principal Officer

MICHELE JACKSON

Phone

3176431025

Tax Period

2024-01-01 to 2024-12-31

THE FATHERLESS FOUNDATION INC, founded in 2007, is a small nonprofit in the Human Services sector that reported $639K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $557K left a modest 13% surplus.

Mission

GLOBAL ORPHAN FOUNDATION IS AN INDIANAPOLIS BASED NON-PROFIT WITH A GLOBAL MISSION - TO ADVOCATE ON BEHALF OF ORPHANED AND VULNERABLE CHILDREN WORLDWIDE AND RESPOND WITH ACTION. WE HAVE WITNESSED FIRSTHAND THE STRUGGLE TO MEET THE BASIC NEEDS OF ORPHANED CHILDREN IN THIRD-WORLD AND DEVELOPING COUNTRIES AND ARE COMMITTED TO EASING THAT BURDEN. WE BELIEVE THAT ALL CHILDREN DESERVE PROPER NUTRITION, ACCESS TO HEALTHCARE, AND EDUCATIONAL OPPORTUNITIES.

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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 $639,349

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $639,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $869

Fundraising Expenses $53,688

Program Expenses $473,010

Other Expenses $556,089

TOTAL EXPENSES $556,958

Year-over-Year Comparison

	2024	2023	Change
Revenue	$639,349	$711,304	-0.1%
Expenses	$556,958	$478,151	+0.2%
Net Income	$82,391	$233,153	-0.6%

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

N/A

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
MICHELE JACKSON	FOUNDER AND BOARD PRESIDENT	10.00	Officer Director	$0	$0	$0
SHELLY REFFEITT	SECRETARY	20.00	Officer Director	$0	$0	$0
WAYNE DEVEYDT	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL REFFEITT	TRUSTEE	2.00	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	$639,349	$556,958	$1,350,413	$82,391
2023	$711,304	$478,151	$1,229,115	$233,153
2022	$443,577	$379,846	$992,974	$63,731
2021	$587,722	$337,034	$1,010,498	$250,688
2020	$239,084	$274,283	$743,149	$-35,199
2019	$821,222	$426,949	$764,211	$394,273
2018	$551,217	$390,029	$367,479	$161,188

THE FATHERLESS FOUNDATION INC