Powerhouse Foundation (EIN 822525076) - 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

Brent Teeter

Phone

8172978575

Tax Period

2023-01-01 to 2023-12-31

Powerhouse Foundation, founded in 2017, is a small nonprofit in the Religion sector that reported $946K in total revenue in fiscal year 2023. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $157K, a strong 17% operating margin.

Mission

PHF purpose is to glorify Jesus Christ by positively impacting people in our community by meeting their physical, spiritual, financial, and emotional needs.

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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 $914,951

Program Service Revenue $30,681

Investment Income $39

Other Revenue $0

TOTAL REVENUE $945,671

Expense Breakdown

Grants Paid $401,132

Salaries & Benefits $119,200

Fundraising Expenses $266,346

Program Expenses $484,332

Other Expenses $267,871

TOTAL EXPENSES $788,203

Year-over-Year Comparison

	2023	2022	Change
Revenue	$945,671	$474,837	+1.0%
Expenses	$788,203	$738,777	+0.1%
Net Income	$157,468	$-263,940	-1.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$6,000

Total Directors

$36,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brent Teeter	President	2.00	Officer Director	$0	$0	$0
Don Womble	Vice President	1.00	Officer Director	$0	$0	$0
David Bream	Treasurer	5.00	Officer Director	$6,000	$0	$6,000
Stacy Daniell	Secretary	2.00	Officer Director	$0	$0	$0
Theresa Pachell	Director	1.00	Director	$0	$0	$0
Jeffrey Hargrave	Director	1.00	Director	$0	$0	$0
Michael Wroughton	Director	1.00	Director	$0	$0	$0
Jason Pelley	Director	1.00	Director	$0	$0	$0
Gayle Teeter	Executive Director	10.00	Director	$30,000	$0	$30,000

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	$945,671	$788,203	$215,633	$157,468
2022	$474,837	$738,777	$160,384	$-263,940
2021	$254,955	$546,179	$285,930	$-291,224
2020	$2,065,325	$1,810,197	$607,678	$255,128

Powerhouse Foundation