Foles Believe Foundation (EIN 850582598) - 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

2020

Legal Domicile

Principal Officer

Christopher Maragos

Phone

7022777510

Tax Period

2021-01-01 to 2021-12-31

Foles Believe Foundation, founded in 2020, is a small nonprofit in the Youth Development sector that reported $615K in total revenue in fiscal year 2021. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $838K exceeded revenue, resulting in a 36% operating deficit.

Mission

The Foles Believe Foundation is dedicated to impacting and serving those in need. Youth initiatives, family crisis counseling, military, mental and overall healh are areas close to the hears of Nick and Tori Foles. Serving those areas will be done in Jesus' name.

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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 (2021)

Revenue Breakdown

Contributions & Grants $615,088

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $615,088

Expense Breakdown

Grants Paid $812,015

Salaries & Benefits $0

Fundraising Expenses $10,577

Program Expenses $824,588

Other Expenses $15,458

TOTAL EXPENSES $838,050

Year-over-Year Comparison

	2021	2020	Change
Revenue	$615,088	$1,247,193	-0.5%
Expenses	$838,050	$1,017,028	-0.2%
Net Income	$-222,962	$230,165	-2.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Victoria Foles	Chair	10.00	Officer	$0	$0	$0
Nicholas Foles	Vice Chairman	10.00	Officer	$0	$0	$0
Christopher Maragos	Secretary & Treasurer	10.00	Director	$0	$0	$0
Timothy Owens	Member	5.00	Director	$0	$0	$0
Joey Feste	Member	5.00	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
2021	$615,088	$838,050	$7,202	$-222,962
2020	$1,247,193	$1,017,028	$230,165	$230,165

Foles Believe Foundation