FAITH BRIDGE

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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

2022

Legal Domicile

Principal Officer

ANDREA JAMERSON 1

Phone

5732281355

Tax Period

2024-01-01 to 2024-12-31

FAITH BRIDGE, founded in 2022, is a small nonprofit in the Human Services sector that reported $504K in total revenue in fiscal year 2024. The organization ran a surplus of $322K, a strong 64% operating margin.

Mission

PROVIDE MUCH NEEDED ITEMS AND PROGRAMS FOR FOSTER FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $52,000 Revenue: $7,000

CARRY ON WE PROVIDE FURNITURE, HOUSEHOLD GOODS, KITCHEN AND BATH NECESSITIES, DECOR, AND MORE AT NO COST TO YOUTH AS THEY AGE OUT OR OTHERWISE TRANSITION OUT OF THE FOSTER CARE SYSTEM

Program 2

Expenses: $23,915

CHILDRENS BOUTIQUE, TEEN STORE OVER 1500 CHILDREN AND YOUTH SERVED IN 2024 WITH FREE CLOTHING, HYGIENE ITEMS, SCHOOL SUPPLIES, BEDDING, AND OTHER NECESSITIES AS THEY ENTER OR REMAIN IN FOSTER CARE

Program 3

Expenses: $12,500 Revenue: $2,500

SWEET DREAMS LITTLE ONE THROUGH THIS PROGRAM WE PROVIDE BEDS, BEDDING, PILLOWS, BONNETS, NIGHT LIGHTS, AND OTHER ITEMS THAT CHILDREN NEED TO SLEEP WELL AND HAVE A SAFE, WARM BED TO CALL THEIR OWN AND...

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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 $512,972

Program Service Revenue $0

Investment Income $0

Other Revenue $-8,500

TOTAL REVENUE $504,472

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,000

Fundraising Expenses $0

Program Expenses $88,415

Other Expenses $152,395

TOTAL EXPENSES $182,395

Year-over-Year Comparison

	2024	2023	Change
Revenue	$504,472	$498,057	+0.0%
Expenses	$182,395	$482,595	-0.6%
Net Income	$322,077	$15,462	+19.8%

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

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
ANDREA JAMERSON	EXECUTIVE DIRECTOR	60.00	Officer Director	$0	$0	$0
AMANDA POWER	BOARD PRESIDENT	0.50	Officer	$0	$0	$0
GRETA HOWARD-CLARK	BOARD TREASURER	0.50	Officer	$0	$0	$0
KATIE ALLEN	BOARD SECRETAARY	0.50	Officer	$0	$0	$0
COLE CALLOWAY-HODSON	BOARD CHAIRMAN	2.00	Officer	$0	$0	$0
BEN JAMERSON	KEY EMPLOYEE	0.50	Key Emp	$0	$0	$0
JEANA CALLOWAY-HODSON	KEY EMPLOYEE	0.50	Key Emp	$0	$0	$0
MIKE POWER	KEY EMPLOYEE	0.50	Key Emp	$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	$504,472	$182,395	$341,262	$322,077