Pursuit 53

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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

Phone

8322602466

Tax Period

2024-01-01 to 2024-12-31

Pursuit 53, founded in 2018, is a small nonprofit in the Religion sector that reported $364K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring.

Mission

To glorify God in the advance of His Kingdom through the growth of the church and strengthening of communities, beginning with South Sudan

Program Service Accomplishments

Program 1

Expenses: $216,735

Discipleship training of church members - we train groups of 5 -10 men and 5-10 women. Some groups are oral. Others are written. These church leaders start their own groups, who start their own...

Discipleship training of church members - we train groups of 5 -10 men and 5-10 women. Some groups are oral. Others are written. These church leaders start their own groups, who start their own groups, etc. Each group studies the Bible together, then shares Bible stories with others outside the group. Some travel to distant places, sharing the Gospel message.

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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 $364,457

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $364,457

Expense Breakdown

Grants Paid $0

Salaries & Benefits $185,179

Fundraising Expenses $5,673

Program Expenses $378,246

Other Expenses $207,084

TOTAL EXPENSES $392,263

Year-over-Year Comparison

	2024	2023	Change
Revenue	$364,457	$579,503	-0.4%
Expenses	$392,263	$394,828	0.0%
Net Income	$-27,806	$184,675	-1.2%

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

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

$74,200

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Peter Swann	Director	40	Key Emp	$74,200	$0	$74,200
Andy Jackson	Director	1	Director	$0	$0	$0
Roger Swann	Director	1	Director	$0	$0	$0
Austin Bleess	Director	1	Director	$0	$0	$0
Ty Camp	Director	1	Director	$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	$364,457	$392,263	$423,446	$-27,806
2023	$579,503	$394,828	$493,911	$184,675
2022	$336,276	$345,303	$376,217	$-9,027
2021	$437,170	$405,259	$339,833	$31,911
2020	$416,784	$303,780	$335,216	$113,004
2019	$293,827	$249,066	$225,276	$44,761