AGAPE RESOURCE & ASSISTANCE CENTER INC (EIN 752942035) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

JANET COLLINSWORTH

Phone

9725670673

Tax Period

2024-01-01 to 2024-12-31

AGAPE RESOURCE & ASSISTANCE CENTER INC, founded in 2013, is a community nonprofit in the Housing & Shelter sector that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.3M, a strong 58% operating margin.

Mission

TO PROVIDE HOUSING AND TRANSFORMATIONAL SUPPORT SERVICES TO HOMELESS SINGLE WOMEN, MOMS AND THEIR CHILDREN THAT EMPOWERS THEM TO MOVE FROM POVERTY AND CRISIS TO FULFILLING, SELF-SUSTAINING INDEPENDENT LIVING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,206,153

Program Service Revenue $0

Investment Income $43,053

Other Revenue $0

TOTAL REVENUE $2,249,206

Expense Breakdown

Grants Paid $32,361

Salaries & Benefits $605,475

Fundraising Expenses $109,359

Program Expenses $732,920

Other Expenses $300,836

TOTAL EXPENSES $938,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,249,206	$1,975,877	+0.1%
Expenses	$938,672	$711,835	+0.3%
Net Income	$1,310,534	$1,264,042	+0.0%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

150

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

$67,000

Total Directors

$67,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER LAJOIE	Dir. of programs	40.00		$101,709	$0	$101,709
JANET COLLINSWORTH	FOUNDER & CEO	50.00	Officer Director	$67,000	$0	$67,000
MOLLY BRESNAHAN	Director	4.00	Director	$0	$0	$0
DR TERRI FORD	Director	4.00	Director	$0	$0	$0
SCOTT COLVERT	Director	4.00	Director	$0	$0	$0
JOHN FULLILOVE	Director	4.00	Director	$0	$0	$0
STEPHANIE BIRD	Director	4.00	Director	$0	$0	$0
STEVE KEMP	Director	4.00	Director	$0	$0	$0
NANCY LOWRANCE	Director	4.00	Director	$0	$0	$0
KATHY LIGHT	Director	4.00	Director	$0	$0	$0
CARA MCCLAIN	Chairman	8.00	Officer Director	$0	$0	$0
RYAN DAVIS	PAST BOD CHAIR	8.00	Officer Director	$0	$0	$0
SARA BURKHART	Treasurer	8.00	Officer Director	$0	$0	$0
JULIE MCCAN	Director	8.00	Director	$0	$0	$0
MARY TATE	Secretary	8.00	Officer 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	$2,249,206	$938,672	$5,715,885	$1,310,534
2023	$1,975,877	$711,835	$4,761,343	$1,264,042
2022	$1,400,926	$729,610	$3,741,460	$671,316
2021	$1,074,615	$642,942	$2,646,070	$431,673
2020	$549,757	$428,118	$1,203,378	$121,639
2020	$549,757	$428,118	$1,203,378	$121,639
2019	$702,208	$576,378	$896,427	$125,830
2018	$540,647	$636,067	$828,055	$-95,420

AGAPE RESOURCE & ASSISTANCE CENTER INC