MISSIONARY BAPTIST FOUNDATION OF AMERICA INC (EIN 756066455) - 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

1981

Legal Domicile

Principal Officer

TRACEY WOODWARD

Phone

8067473447

Tax Period

2023-01-01 to 2023-12-31

MISSIONARY BAPTIST FOUNDATION OF AMERICA INC, founded in 1981, is a community nonprofit in the Health Care sector that reported $1.8M in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 65% operating deficit.

Mission

MSC ASSOCIATES IS A BENEVOLENT ORGANIZATION COMMITTED TO PROVIDING THE BEST QUALITY OF CHRISTIAN CARE TO THE NURSING HOME RESIDENT AND THE ELDERLY IN A FINANCIALLY RESPONSIBLE MANNER.

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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 $0

Program Service Revenue $1,733,859

Investment Income $39,809

Other Revenue $5,694

TOTAL REVENUE $1,779,362

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,797,876

Fundraising Expenses $0

Program Expenses $2,180,937

Other Expenses $1,131,790

TOTAL EXPENSES $2,929,666

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,779,362	$2,926,134	-0.4%
Expenses	$2,929,666	$3,482,297	-0.2%
Net Income	$-1,150,304	$-556,163	+1.1%

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

128

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

$165,809

Total Directors

$165,809

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACEY WOODWARD	CHAIRMAN/PRESIDENT	40.00	Officer Director	$109,731	$9,015	$118,746
DIANA RIOJAS	VICE PRESIDENT	40.00	Officer Director	$45,372	$1,691	$47,063
RENEE JONES-JACKSON	SECRETARY	1.00	Officer Director	$0	$0	$0
FRANCES WARD JAN 1-JUN 15	OFFICER	1.00	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	No data	No data	No data	No data
2023	$1,779,362	$2,929,666	$739,035	$-1,150,304
2022	$2,926,134	$3,482,297	$2,358,799	$-556,163
2021	$3,877,919	$3,917,334	$1,517,115	$-39,415
2021	$3,877,919	$3,452,986	$2,609,768	$424,933
2020	$4,618,827	$3,937,725	$2,108,061	$681,102
2020	$4,618,827	$3,309,420	$2,736,366	$1,309,407
2019	$3,476,763	$3,835,012	$1,396,254	$-358,249
2018	$4,588,244	$5,142,604	$2,006,849	$-554,360

MISSIONARY BAPTIST FOUNDATION OF AMERICA INC