THE FIRST BAPTIST HURST FOUNDATION

EIN: 752951647 501(c)(3) Philanthropy & Grantmaking

HURST, TX

Total Revenue
$43,175
Total Expenses
$58,663
Total Assets
$822,402
Net Assets
$822,402
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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
2002
Legal Domicile
TX
Principal Officer
MELISSA YOSHIOKA
Phone
8173600136
Tax Period
2023-01-01 to 2023-12-31

THE FIRST BAPTIST HURST FOUNDATION, founded in 2002, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $43K in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $59K exceeded revenue, resulting in a 36% operating deficit.

Mission

THE FOUNDATION IS ORGANIZED TO RECEIVE, MANAGE AND DISTRIBUTE ASSETS (INCLUDING THE INCOME GENERATED BY SUCH ASSETS) EXCLUSIVELY FOR THE BENEFIT OF AND IN FURTHERANCE OF THE MINISTRIES OF THE FIRST BAPTIST CHURCH OF HURST, TEXAS. THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR RELIGIOUS PURPOSES AND FOR SUCH CHARITABLE AND EDUCATIONAL PURPOSES CONSISTENT WITH ITS RELIGIOUS MISSION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 OR ANY CORRESPONDING PROVISION THAT MAY BE IN EFFECT HEREINAFTER.

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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 (2023)

Revenue Breakdown

Contributions & Grants $11,100
Program Service Revenue $0
Investment Income $31,869
Other Revenue $206
TOTAL REVENUE $43,175

Expense Breakdown

Grants Paid $54,422
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $54,422
Other Expenses $4,241
TOTAL EXPENSES $58,663

Year-over-Year Comparison

2023 2022 Change
Revenue $43,175 $26,080 +0.7%
Expenses $58,663 $70,302 -0.2%
Net Income $-15,488 $-44,222 -0.6%
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
9
Independent Members
9
Employees
N/A
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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA YOSHIOKA PRESIDENT 2.00
Officer Director
$0 $0 $0
SCOTT SOUDER VICE PRESIDE 0.20
Officer Director
$0 $0 $0
RONNIE D CAMPBELL TREASURER 2.00
Officer Director
$0 $0 $0
AMY MILLER DIRECTOR 0.20
Director
$0 $0 $0
MARK SMITH DIRECTOR 0.20
Director
$0 $0 $0
SHARON REITZELL DIRECTOR 0.20
Director
$0 $0 $0
CHRIS MEANS DIRECTOR 0.20
Director
$0 $0 $0
ALICIA STEVENS DIRECTOR 0.20
Director
$0 $0 $0
STEVEN SMITH DIRECTOR 0.20
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 $43,175 $58,663 $822,402 $-15,488
2022 $26,080 $70,302 $749,447 $-44,222
2021 $73,231 $33,931 $1,002,258 $39,300
2020 $83,960 $10,274 $925,487 $73,686
2019 $72,401 $30,628 $763,208 $41,773
2018 $99,913 $92,617 $662,158 $7,296
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