JOSEPH-MARY FOUNDATION

EIN: 850844004 501(c)(3) Human Services

CLEMMONS, NC

Total Revenue
$252,392
Total Expenses
$259,461
Total Assets
$11,141
Net Assets
$11,141
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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
NC
Tax Period
2022-01-01 to 2022-12-31

JOSEPH-MARY FOUNDATION, founded in 2020, is a small nonprofit in the Human Services sector that reported $252K in total revenue in fiscal year 2022.

Mission

We seek to empower young people orphans the disadvantaged and others in need in the spirit of Christian teachings. We do this by providing shelter sustenance education medical care and spiritual and emotional support. We reach out to the underprivileged in the community we sponsor children in schools we provide channels for basic health care and sponsor community health fairs. All this is done while adhering to internationally accepted best practices in the care of children and adults.

Program Service Accomplishments

Program 1
Expenses: $167,864 Revenue: $0

We built recently completed and donated a health center in Likomba - Cameroon Africa. The building is of good quality and meets the standards requested by Cameroon Public Health Authority.

Program 2
Expenses: $73,236 Revenue: $0

We equipped the health center recently built with medication reagents medical machinery and trained personnel from the community. This served as an urgent care unit for the local community as well as...

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We equipped the health center recently built with medication reagents medical machinery and trained personnel from the community. This served as an urgent care unit for the local community as well as a hob during community health outreaches.

Program 3
Expenses: $14,426 Revenue: $0

Throughout the past academic year we provided scholarships to underprivileged students through tuition books uniforms and other diverse school 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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $252,392
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $252,392

Expense Breakdown

Grants Paid $253,526
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $255,526
Other Expenses $5,935
TOTAL EXPENSES $259,461

Year-over-Year Comparison

2022 2021 Change
Revenue $252,392 N/A N/A
Expenses $259,461 N/A N/A
Net Income $-7,069 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

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Governance

Voting Members
5
Independent Members
1
Employees
N/A
Volunteers
53

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV Dr PETER NOUCK FOUNDER SENIOR ADVISER 15.00
Director
$0 $0 $0
Dr PETER ROBIE EXECUTIVE DIRECTOR 15.00
Director
$0 $0 $0
KATHY THOMAS SECRETARY 7.00
Officer
$0 $0 $0
AGNES B SAH TREASURER 10.00
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
2022 $252,392 $259,461 $11,141 $-7,069
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