FAITH UNITED INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

SIMONE DELCID

Tax Period

2024-01-01 to 2024-12-31

FAITH UNITED INC, founded in 2022, is a small nonprofit in the Religion sector that reported $220K in total revenue in fiscal year 2024. Revenue surged 4479% from the prior year, signaling strong growth momentum.

Mission

SERVICE THE COMMUNITY THROUGH FAITH BASED AND CHARITABLE INITIATIVES. INITIALLY WE NEGOTIATED TO PURACHASE A CHURCH PROPERTY TO SERVE AS A HOUSE OF WORSHIPO, DAYCARE, MUSIC, SCHOOL AND EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $42,649

ENAGE IN VARIOUS COMMUNITY SERVICE ACTIVITIES INCLUDING PROVIDING ESSENTIAL RESOURCES, MINISTRY PROGRAMS AND SUPPORT SERVICES TO UNDERSERVED COMMUNITIES IN HOUSTON.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $220,409

TOTAL REVENUE $220,409

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $42,649

Other Expenses $221,240

TOTAL EXPENSES $221,240

Year-over-Year Comparison

	2024	2023	Change
Revenue	$220,409	$4,813	+44.8%
Expenses	$221,240	$91,057	+1.4%
Net Income	$-831	$-86,244	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
SIMONE DELCID	PRESIDENT	020.00	Officer Director	$0	$0	$0
MANUEL VENTURA	VICE PRESIDENT	020.00	Officer Director	$0	$0	$0
DAVID BELTRAN JR	SECRETARY	005.00	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	No data	No data	No data	No data
2024	$220,409	$221,240	$7,014,925	$-831
2023	$4,813	$91,057	$3,700,000	$-86,244