KAVOD FAMILY

EIN: 874648598 501(c)(3) Religion

FRANKLIN, NC

Total Revenue
$581,265
Total Expenses
$714,609
Total Assets
$551,341
Net Assets
$495,255
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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
NC
Principal Officer
TRAVIS SHOOK
Phone
8284210125
Tax Period
2024-01-01 to 2024-12-31

KAVOD FAMILY, founded in 2022, is a small nonprofit in the Religion sector that reported $581K in total revenue in fiscal year 2024. Expenses of $715K exceeded revenue, resulting in a 23% operating deficit.

Mission

TO RESTORE FAMILY AND TRANSFORM COMMUNITY

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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 (2024)

Revenue Breakdown

Contributions & Grants $461,960
Program Service Revenue $119,305
Investment Income $0
Other Revenue $0
TOTAL REVENUE $581,265

Expense Breakdown

Grants Paid $0
Salaries & Benefits $326,134
Fundraising Expenses $0
Program Expenses $714,609
Other Expenses $388,475
TOTAL EXPENSES $714,609

Year-over-Year Comparison

2024 2023 Change
Revenue $581,265 $611,467 0.0%
Expenses $714,609 $260,685 +1.7%
Net Income $-133,344 $350,782 -1.4%
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
N/A
Employees
9
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
$75,400
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASEY WILSON SECRETARY 40.00
Officer
$75,400 $0 $75,400
CATHY SHOOK TREASURER 10.00
Officer
$0 $0 $0
TRAVIS SHOOK PRESIDENT 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
2025 No data No data No data No data
2024 $581,265 $714,609 $551,341 $-133,344
2023 $611,467 $260,685 $635,346 $350,782
2022 $361,387 $83,570 $277,817 $277,817
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