FPAC Ministries

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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

2020

Legal Domicile

Principal Officer

Terry Meade

Phone

5137028829

Tax Period

2025-01-01 to 2025-12-31

FPAC Ministries, founded in 2020, is a small nonprofit in the Religion sector that reported $176K in total revenue in fiscal year 2025. Net assets of $560K represent 38 months of operating reserves.

Mission

To receive and disburse charitable contributions for ministry services and the furtherance of the Apostolic Faith.

Program Service Accomplishments

Program 1

Expenses: $182,226 Revenue: $176,227

We disburse contributions to various religious and charitable ministry services as approved by our board of directors.

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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 $176,227

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $176,227

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,501

Fundraising Expenses $0

Program Expenses $182,226

Other Expenses $151,725

TOTAL EXPENSES $182,226

Year-over-Year Comparison

	2025	2024	Change
Revenue	$176,227	N/A	N/A
Expenses	$182,226	N/A	N/A
Net Income	$-5,999	N/A	N/A

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terry Meade	President	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	$176,227	$182,226	$560,033	$-5,999
2024	$160,001	$161,304	$522,529	$-1,303
2023	$137,172	$192,199	$482,832	$-55,027
2022	$187,884	$153,997	$508,125	$33,887
2021	$311,821	$497,991	$450,422	$-186,170