Nomad Church Collective Inc

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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

Preston Searcy

Phone

2709931172

Tax Period

2025-01-01 to 2025-12-31

Nomad Church Collective Inc, founded in 2017, is a small nonprofit in the Religion sector that reported $266K in total revenue in fiscal year 2025. Revenue surged 101% from the prior year, signaling strong growth momentum. The organization ran a surplus of $111K, a strong 42% operating margin.

Mission

Nomad Church Collective Inc. makes disciples of Jesus by taking the gospel into the margins of society. This is done through educational and charitable efforts and the expansion of the Christian faith. Practically we build Christ-centered relationships with marginalized and isolated populations lead cooperative outreach efforts to local homeless populations train churches and organizations to care for the poor and promote health hygiene and creative enrichment at our community center.

Program Service Accomplishments

Program 1

Expenses: $12,699 Revenue: $0

Outreach - Outreach is the primary program of Nomad Church Collective and includes sub-programs like community meals for the poor and marginalized covering personal costs of the poor for example...

Outreach - Outreach is the primary program of Nomad Church Collective and includes sub-programs like community meals for the poor and marginalized covering personal costs of the poor for example funeral costs connected the poor and marginalized to community resources transportation and the like.

Program 2

Expenses: $10,444 Revenue: $8,738

White Flag Shelter - The white flag shelter program is an emergency overnight shelter for unhoused individuals that runs from November 15th-April 15th when nighttime temperatures reach 35 degrees...

White Flag Shelter - The white flag shelter program is an emergency overnight shelter for unhoused individuals that runs from November 15th-April 15th when nighttime temperatures reach 35 degrees Fahrenheit or below. When open the shelter operates from 7pm-7am providing dinner cots for sleeping and a light breakfast. The program also provides free single use bus passes for daily transport away from the shelter. Expenses included food cleaning supplies bedding laundry and transport. Generally Nomad Church Collective covered expenses that were then reimbursed by the Homeless Coalition of Southern Indiana Included in Revenue. Nomad provided all volunteers for the entire program.

Program 3

Expenses: $618 Revenue: $0

Networking - This effort involves building of ministry and organizational networks in order to facilitate services to the poor and marginalized. This year this involved meeting church and...

Networking - This effort involves building of ministry and organizational networks in order to facilitate services to the poor and marginalized. This year this involved meeting church and organizational leaders for lunch or coffee to appoint volunteer leaders establish church and organizational liaisons and develop teams for facilitating the programs listed above.

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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 (2025)

Revenue Breakdown

Contributions & Grants $127,967

Program Service Revenue $0

Investment Income $137,804

Other Revenue $0

TOTAL REVENUE $265,771

Expense Breakdown

Grants Paid $0

Salaries & Benefits $108,395

Fundraising Expenses $0

Program Expenses $23,761

Other Expenses $46,440

TOTAL EXPENSES $154,835

Year-over-Year Comparison

	2025	2024	Change
Revenue	$265,771	$132,383	+1.0%
Expenses	$154,835	$158,844	0.0%
Net Income	$110,936	$-26,461	-5.2%

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

Volunteers

200

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

$52,394

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matthew Fleenor	Director	50.00	Highest	$56,001	$0	$56,001
Preston Searcy	Minister	40.00	Key Emp	$52,394	$0	$52,394
Michael Rich	President	1.00	Officer	$0	$0	$0
Melissa Wilson	Vice President	1.00	Officer	$0	$0	$0
Rio Brown	Secretary	0.00	Officer	$0	$0	$0
Chris Bobay	Treasurer	0.00	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
2025	$265,771	$154,835	$129,659	$110,936
2023	$201,249	$195,070	$51,373	$6,179