AMERICAN AGAPE FOUNDATION INC (EIN 752249382) - 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

1988

Legal Domicile

Principal Officer

DAVID STARR

Phone

2103418097

Tax Period

2023-01-01 to 2023-12-31

AMERICAN AGAPE FOUNDATION INC, founded in 1988, is a community nonprofit in the Housing & Shelter sector that reported $8.1M in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $8.9M exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVIDE SOCIAL SERVICES TO LOW INCOME RECIPIENTS AND SUPPORT LOW-INCOME HOUSING PROJECTS IN ARKANSAS, MISSISSIPPI, LOUISIANA AND TEXAS BY PROVIDING AFFORDABLE HOUSING AND SOCIAL SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,123,947

Program Service Revenue $582,321

Investment Income $379,368

Other Revenue $0

TOTAL REVENUE $8,085,636

Expense Breakdown

Grants Paid $5,197,157

Salaries & Benefits $63,144

Fundraising Expenses $0

Program Expenses $8,698,845

Other Expenses $3,682,790

TOTAL EXPENSES $8,943,091

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,085,636	$14,182,714	-0.4%
Expenses	$8,943,091	$9,157,460	0.0%
Net Income	$-857,455	$5,025,254	-1.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MUTHANA MOHAMMED ATTAH	DIRECTOR	1.00	Director	$0	$0	$0
JAMES SHIPLEY	SECRETARY/DI	1.00	Officer Director	$0	$0	$0
DAVID STARR	PRESIDENT/DI	10.00	Officer Director	$0	$0	$0
JOANNE WOODBURY	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$8,085,636	$8,943,091	$22,475,852	$-857,455
2022	$14,182,714	$9,157,460	$23,390,807	$5,025,254
2021	$4,505,600	$2,261,324	$18,358,053	$2,244,276
2020	$3,050,852	$2,004,428	$16,088,777	$1,046,424
2020	$3,043,665	$2,087,242	$16,088,776	$956,423
2019	$3,149,848	$5,587,003	$15,017,353	$-2,437,155
2018	$9,149,238	$2,049,423	$17,454,508	$7,099,815

AMERICAN AGAPE FOUNDATION INC