TBM - FOREVER FOUNDATION - Form 990 Financial Data

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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

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.

Program Service Accomplishments

Program 1

Expenses: $1,233,026

THE ORGANIZATION FUNDED 11 MISSION MINISTRY PROJECTS THROUGH TEXAS BAPTIST MEN DURING 2022. THESE PROJECTS INCLUDED WATER MINISTRY PROJECTS, PARTNERING WITH OTHER MINISTERIES FOR DISASTER RELIEF...

THE ORGANIZATION FUNDED 11 MISSION MINISTRY PROJECTS THROUGH TEXAS BAPTIST MEN DURING 2022. THESE PROJECTS INCLUDED WATER MINISTRY PROJECTS, PARTNERING WITH OTHER MINISTERIES FOR DISASTER RELIEF TRAINING, PROVIDED IMPROVEMENTS AND REPAIR TO THE BOB DIXON MISSION EQUIPPING CENTER, FUNDING FOR CHURCH BUILDER PROJECTS, AND FUNDED MISSIONS FAIR AND TRIPS.

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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 (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

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
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

TBM - FOREVER FOUNDATION