TBM - FOREVER FOUNDATION

EIN: 752434424 501(c)(3)

DALLAS, TX

Total Revenue
$9,827
Total Expenses
$1,233,026
Total Assets
N/A
Net Assets
N/A
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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
1992
Legal Domicile
TX
Principal Officer
MICKEY LENAMON
Phone
2142751119
Tax Period
2022-01-01 to 2022-12-31

TBM - FOREVER FOUNDATION, founded in 1992, is a micro nonprofit that reported $10K in total revenue in fiscal year 2022. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 12447% operating deficit.

Mission

BRINGING MEN TO GOD THROUGH CHRIST.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,176
Program Service Revenue $0
Investment Income $8,651
Other Revenue $0
TOTAL REVENUE $9,827

Expense Breakdown

Grants Paid $1,233,026
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,233,026
Other Expenses $0
TOTAL EXPENSES $1,233,026

Year-over-Year Comparison

2022 2021 Change
Revenue $9,827 $54,078 -0.8%
Expenses $1,233,026 $70,000 +16.6%
Net Income $-1,223,199 $-15,922 +75.8%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
15

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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY SMITH PRESIDENT/DI 1.00
Officer Director
$0 $0 $0
WILLIAM M ARNOLD III PRESIDENT EL 1.00
Officer Director
$0 $0 $0
KEVIN WALKER SEC. TREAS/D 1.00
Officer Director
$0 $0 $0
JUAN ALVARADO DIRECTOR 1.00
Director
$0 $0 $0
DR ANDY ANDREASON DIRECTOR 1.00
Director
$0 $0 $0
EDDIE BEARDON DIRECTOR 1.00
Director
$0 $0 $0
LEE BEVLY DIRECTOR 1.00
Director
$0 $0 $0
LARRY BLANCHARD DIRECTOR 1.00
Director
$0 $0 $0
MARK CLEMONS DIRECTOR 1.00
Director
$0 $0 $0
DON GIBSON DIRECTOR 1.00
Director
$0 $0 $0
BRYAN HOUSER DIRECTOR 1.00
Director
$0 $0 $0
DR JOHN LANOUE DIRECTOR 1.00
Director
$0 $0 $0
JOHN TRAVIS SMITH DIRECTOR 1.00
Director
$0 $0 $0
DR AL WISE DIRECTOR 1.00
Director
$0 $0 $0
GENE WOFFORD DIRECTOR 1.00
Director
$0 $0 $0
MICKEY LENAMON EXECUTIVE DI 1.00
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
2022 $9,827 $1,233,026 No data $-1,223,199
2021 $54,078 $70,000 $1,278,247 $-15,922
2020 $58,676 $63,165 $1,163,194 $-4,489
2019 $73,921 $111,303 $1,098,919 $-37,382
2018 $65,743 $130,149 $1,049,592 $-64,406
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