FAITH HILL FARM FOUNDATION (EIN 815337104) - 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

2017

Legal Domicile

Principal Officer

PAMELA MALOOF

Phone

4015741788

Tax Period

2024-01-01 to 2024-12-31

FAITH HILL FARM FOUNDATION, founded in 2017, is a small nonprofit in the Animal-Related sector that reported $151K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $173K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE FAITH HILL FARM FOUNDATION (FHFF) PARTNERS WITH MENTAL HEALTH PROFESSIONALS TO OFFER EQUINE ASSISTED PSYCHOTHERAPY AND EQUINE ASSISTED LEARNING USING THE EQUINE ASSISTED GROWTH AND LEARNING ASSOCIATION MODEL. THE FHFF HAS IMPLEMENTED NUMEROUS PROGAMS TO BENEFIT UNDERSERVED CHILDRE, ADOLESCENTS, AND ADULTS THROUGHOUT RHODE ISLAND COMMUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,850

Program Service Revenue $145,469

Investment Income $9

Other Revenue $0

TOTAL REVENUE $151,328

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $172,528

Other Expenses $172,528

TOTAL EXPENSES $172,528

Year-over-Year Comparison

	2024	2023	Change
Revenue	$151,328	$129,319	+0.2%
Expenses	$172,528	$125,812	+0.4%
Net Income	$-21,200	$3,507	-7.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA GAMMELL	DIRECTOR	N/A	Officer Director	$0	$0	$0
FONNIE SODERSTROM	DIRECTOR	N/A	Officer Director	$0	$0	$0
DAVID STEERE	DIRECTOR	N/A	Officer Director	$0	$0	$0
PAMELA MALOOF	DIRECTOR	N/A	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
2024	$151,328	$172,528	$215,095	$-21,200
2023	$129,319	$125,812	$236,295	$3,507
2022	$103,032	$115,876	$225,988	$-12,844
2021	$107,331	$124,180	$238,832	$-16,849
2020	$121,938	$110,940	$234,446	$10,998
2019	$147,293	$152,581	$229,448	$-5,288
2018	$90,519	$149,046	$234,736	$-58,527

FAITH HILL FARM FOUNDATION