Acorn Global Advance

EIN: 863719357 501(c)(3) Philanthropy & Grantmaking

Taylors, SC

Total Revenue
$613,162
Total Expenses
$660,396
Total Assets
$95,854
Net Assets
$79,514
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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
2021
Legal Domicile
SC
Principal Officer
Richard Cross
Phone
8644161517
Tax Period
2025-01-01 to 2025-12-31

Acorn Global Advance, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $613K in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

Acorn Global Advance engages entrepreneurs to accomplish global gospel projects through prayer innovation and networking

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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 (2025)

Revenue Breakdown

Contributions & Grants $613,162
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $613,162

Expense Breakdown

Grants Paid $0
Salaries & Benefits $154,300
Fundraising Expenses $0
Program Expenses $620,222
Other Expenses $506,096
TOTAL EXPENSES $660,396

Year-over-Year Comparison

2025 2024 Change
Revenue $613,162 $537,367 +0.1%
Expenses $660,396 $495,855 +0.3%
Net Income $-47,234 $41,512 -2.1%
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
3
Independent Members
2
Employees
2
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
3
$79,800
Total Directors
3
$79,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD J CROSS President 40.00
Officer Director
$79,800 $0 $79,800
BRIAN PLATTNER Secretary 2.00
Officer Director
$0 $0 $0
RODNEY BLACKWELL Treasurer 2.00
Officer 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
2025 $613,162 $660,396 $95,854 $-47,234
2024 No data No data No data No data
2023 $370,432 $386,188 $87,795 $-15,756
2022 $244,617 $177,935 $101,315 $66,682
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