Faith House

EIN: 824400190 501(c)(3) Philanthropy & Grantmaking

Warren, MI

Total Revenue
$29,005
Total Expenses
$35,588
Total Assets
$350,093
Net Assets
$350,093
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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
2018
Legal Domicile
MI
Principal Officer
MATTHEW T MOROUN
Phone
5869397000
Tax Period
2025-01-01 to 2025-12-31

Faith House, founded in 2018, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $29K in total revenue in fiscal year 2025. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $36K exceeded revenue, resulting in a 23% operating deficit.

Mission

RELIGIOUS CHARITABLE CORPORATION THAT PROVIDES A SPACE FOR FELLOWSHIP TEENS

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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 (2025)

Revenue Breakdown

Contributions & Grants $16,000
Program Service Revenue $0
Investment Income $5
Other Revenue $13,000
TOTAL REVENUE $29,005

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,182
Other Expenses $35,588
TOTAL EXPENSES $35,588

Year-over-Year Comparison

2025 2024 Change
Revenue $29,005 $19,582 +0.5%
Expenses $35,588 $26,921 +0.3%
Net Income $-6,583 $-7,339 -0.1%
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

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Governance

Voting Members
5
Independent Members
5
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
5
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW T MOROUN PRESIDENT, DIRECTOR 1.00
Officer Director
$0 $0 $0
LINDSAY MOROUN VICE PRESIDENT, DIRECTOR 1.00
Officer Director
$0 $0 $0
TRISTAN GUEVARA TREASURER, DIRECTOR 1.00
Officer Director
$0 $0 $0
MARY GUEVARA SECRETARY 1.00
Officer
$0 $0 $0
BECKY GROSSET ADMINISTRATION 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
2025 $29,005 $35,588 $350,093 $-6,583
2024 $19,582 $26,921 $356,676 $-7,339
2023 $24,011 $36,979 $364,015 $-12,968
2022 $21,516 $48,666 $376,983 $-27,150
2021 $42,414 $40,259 $404,133 $2,155
2020 $122,057 $62,457 $401,978 $59,600
2019 $154,910 $67,112 $415,861 $87,798
2018 $282,521 $27,942 $454,029 $254,579
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