AVE PHILOMENA INC (EIN 881265897) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

STEVE MCTAVISH

Phone

9133379785

Tax Period

2024-01-01 to 2024-12-31

AVE PHILOMENA INC, founded in 2022, is a community nonprofit in the Religion sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 68% operating margin.

Mission

TO HELP PEOPLE REALIZE A COMMON GOAL OF KNOWING, LOVING AND SERVING GOD AND BEING HAPPY WITH HIM FOREVER IN THE NEXT.

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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 $1,982,090

Program Service Revenue $0

Investment Income $16

Other Revenue $0

TOTAL REVENUE $1,982,106

Expense Breakdown

Grants Paid $103,650

Salaries & Benefits $139,504

Fundraising Expenses $0

Program Expenses $570,812

Other Expenses $395,651

TOTAL EXPENSES $638,805

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,982,106	$1,419,369	+0.4%
Expenses	$638,805	$319,063	+1.0%
Net Income	$1,343,301	$1,100,306	+0.2%

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

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

$104,994

Total Directors

$104,994

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE MCTAVISH	PRESIDENT	15.00	Officer Director	$104,994	$0	$104,994
JOSEPH BEHNKE	DIRECTOR	0.00	Director	$0	$0	$0
ANNE MARIE CARTER	SECRETARY	0.00	Officer Director	$0	$0	$0
LARRY LATHON LAYFIELD	TREASURER	1.00	Officer Director	$0	$0	$0
SCOTT SLABY	DIRECTOR	0.00	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
2024	$1,982,106	$638,805	$5,018,398	$1,343,301
2023	$1,419,369	$319,063	$2,888,910	$1,100,306
2022	$1,155,151	$71,762	$1,083,389	$1,083,389

AVE PHILOMENA INC