BAPTIST CHURCH LOAN CORPORATION

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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

1952

Legal Domicile

Principal Officer

LANDON K YEAGER

Phone

2148285140

Tax Period

2024-07-01 to 2025-06-30

BAPTIST CHURCH LOAN CORPORATION, founded in 1952, is a community nonprofit in the Religion sector that reported $9.1M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.7M, a strong 29% operating margin.

Mission

TO ASSIST WITH THE LONG-TERM SPIRITUAL AND FINANCIAL HEALTH OF BORROWING CHURCHES THROUGH THE GRANTING OF LOANS WITH STRAIGHTFORWARD TERMS, RATE OPTIONS, AND UNDERWRITING GUIDELINES. THE LOANS PROVIDED BY THE COMPANY ARE TO BE USED BY BORROWING CHURCHES TO SPREAD THE GOSPEL AND PROMOTE THE FAITH.

Program Service Accomplishments

Program 1

Expenses: $5,852,331 Revenue: $9,054,706

ESTABLISH NEW CONGREGATIONS AND STRENGTHEN EXISTING ONES BY PROVIDING AND SERVICING LOANS FOR LAND PURCHASE, CONSTRUCTION, IMPORVING CURRENT FACILITIES, OR PUCHASING A NEW FACILITY FOR...

ESTABLISH NEW CONGREGATIONS AND STRENGTHEN EXISTING ONES BY PROVIDING AND SERVICING LOANS FOR LAND PURCHASE, CONSTRUCTION, IMPORVING CURRENT FACILITIES, OR PUCHASING A NEW FACILITY FOR WORSHIP/RELIGIOUS INSTRUCTION. 334 LOANS OUTSTANDING AS OF YEAR END.

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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 $0

Program Service Revenue $9,054,706

Investment Income $23,119

Other Revenue $0

TOTAL REVENUE $9,077,825

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,780,401

Fundraising Expenses $0

Program Expenses $5,852,331

Other Expenses $4,645,489

TOTAL EXPENSES $6,425,890

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,077,825	$8,006,867	+0.1%
Expenses	$6,425,890	$5,574,403	+0.2%
Net Income	$2,651,935	$2,432,464	+0.1%

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

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

$1,074,723

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILIP PRICE	CHAIRMAN OF THE BOARD	2.00	Officer Director	$0	$0	$0
GLENN GAINES	VICE CHAIRMAN	2.00	Director	$0	$0	$0
JAMYE CAPPADONNA	DIRECTOR	2.00	Director	$0	$0	$0
JAN CASON	DIRECTOR	2.00	Director	$0	$0	$0
MARK DYER	DIRECTOR	2.00	Director	$0	$0	$0
RYAN GIBSON	DIRECTOR	2.00	Director	$0	$0	$0
BRET HEFTON	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN HOGAN	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA JANE KAPLAN	DIRECTOR - THRU 11/24	2.00	Director	$0	$0	$0
MICHAEL MASON	DIRECTOR - THRU 11/24	2.00	Director	$0	$0	$0
KELLY MCBRAYER	DIRECTOR	2.00	Director	$0	$0	$0
JOSH MCKEE	DIRECTOR	2.00	Director	$0	$0	$0
LYNNE MEERS	DIRECTOR - THRU 11/24	2.00	Director	$0	$0	$0
RALPH RAMSEY	DIRECTOR - THRU 11/24	2.00	Director	$0	$0	$0
MATT SIBLEY	DIRECTOR	2.00	Director	$0	$0	$0
GERALD R JAMES JR	PRESIDENT/CEO	40.00	Officer	$373,909	$66,289	$440,198
BOB GAGE	SENIOR VICE PRESIDENT	40.00	Officer	$260,160	$62,103	$322,263
LANDON YEAGER	SENIOR VICE PRESIDENT/ CFO	40.00	Officer	$266,921	$45,341	$312,262
KAYLA PELTOMA	VICE PRESIDENT OF FIN. & ADMIN.	40.00	Highest	$145,362	$58,228	$203,590

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
2025	$9,077,825	$6,425,890	$190,278,193	$2,651,935
2024	$8,006,867	$5,574,403	$185,971,013	$2,432,464
2023	$6,400,498	$3,807,989	$168,000,890	$2,592,509
2022	$5,846,467	$2,739,270	$151,480,737	$3,107,197
2021	$6,699,447	$4,052,548	$159,669,152	$2,646,899
2020	$8,012,252	$5,413,428	$175,731,366	$2,598,824
2019	$7,662,028	$4,601,582	$173,823,565	$3,060,446
2018	$6,536,172	$4,083,926	$174,501,215	$2,452,246