THE ACTS 44 FOUNDATION INC

EIN: 821668296 501(c)(3) Arts, Culture & Humanities

LIMA, OH

Total Revenue
$469,024
Total Expenses
$498,760
Total Assets
$6,709,627
Net Assets
$6,705,900
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
OH
Principal Officer
KEVIN BOWERS
Phone
4193394444
Tax Period
2023-01-01 to 2023-12-31

THE ACTS 44 FOUNDATION INC, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $469K in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. Net assets of $6.7M represent 172 months of operating reserves.

Mission

THE FOUNDATION SHALL SUPPORT ACTS, INC. IN ITS CORE MISSION TO PROMOTE BY EVERY SCRIPTURAL MEANS THE SPIRITUAL WELFARE OF THE CITIZENS OF THE WEST CENTRAL OHIO AREA THROUGH THE MEDIUM OF CHRISTIAN TELEVISION AND OTHER RELATED FORMS OF COMMUNICATION. THE FOUNDATION SHALL RECEIVE, MANAGE AND INVEST CONTRIBUTIONS, GIFTS AND BEQUESTS FOR THE BENEFIT OF ACTS, INC. AND IN SUPPORT OF ITS RELIGIOUS, CHARITABLE AND EDUCATIONAL PURPOSES.

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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 $0
Program Service Revenue $0
Investment Income $128,263
Other Revenue $340,761
TOTAL REVENUE $469,024

Expense Breakdown

Grants Paid $0
Salaries & Benefits $226,551
Fundraising Expenses $0
Program Expenses $215,494
Other Expenses $272,209
TOTAL EXPENSES $498,760

Year-over-Year Comparison

2023 2022 Change
Revenue $469,024 $265,360 +0.8%
Expenses $498,760 $694,599 -0.3%
Net Income $-29,736 $-429,239 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
2
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
2
$99,747
Total Directors
7
$99,747
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN BOWERS PRESIDENT/CE 40.00
Officer Director
$99,747 $0 $99,747
BRENDALA ANSPAUGH BOARD MEMBER 1.00
Director
$0 $0 $0
OMAR BRAVO BOARD MEMBER 1.00
Director
$0 $0 $0
DAN GALLAGHER BOARD MEMBER 1.00
Director
$0 $0 $0
BOB PLACIE BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN PARTHEMORE BOARD MEMBER 1.00
Director
$0 $0 $0
JEDREY STALEY BOARD MEMBER 1.00
Director
$0 $0 $0
JOYCE SAGER SECRETARY/TR 1.00
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
2024 No data No data No data No data
2023 $469,024 $498,760 $6,709,627 $-29,736
2022 $265,360 $694,599 $6,399,186 $-429,239
2021 $484,420 $647,236 $7,683,421 $-162,816
2020 $465,875 $340,319 $7,370,880 $125,556
2019 $311,737 $284,955 $6,799,358 $26,782
2018 $79,949 $236,905 $5,951,884 $-156,956
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