FAITH WORKS MANAGEMENT COMPANY Inc

EIN: 872389180 501(c)(3) Community Improvement

Peekskill, NY

Total Revenue
$220,150
Total Expenses
$93,428
Total Assets
N/A
Net Assets
N/A
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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
NY
Principal Officer
Ernest Letsinger
Phone
9147390188
Tax Period
2022-01-01 to 2022-12-31

FAITH WORKS MANAGEMENT COMPANY Inc, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $220K in total revenue in fiscal year 2022. The organization ran a surplus of $127K, a strong 58% operating margin.

Mission

To manage the affairs of the Mt Lebanon Baptist Church of Peekskill rental properties. This includes collection of rents, Paying monthly bills and maintenance /upkeep of all es including repairs and renovations. Also providing quarterly reports to the church board.

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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 $0
Program Service Revenue $0
Investment Income $47
Other Revenue $220,103
TOTAL REVENUE $220,150

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $93,428
Other Expenses $93,428
TOTAL EXPENSES $93,428

Year-over-Year Comparison

2022 2021 Change
Revenue $220,150 N/A N/A
Expenses $93,428 N/A N/A
Net Income $126,722 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
2
Independent Members
2
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ernest Letsinger President 10.00
Officer
$0 $0 $0
Emroy Rochester Treasurer N/A
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 $220,150 $93,428 No data $126,722
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