Fountain Of Hope Ministries

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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

Tax Period

2023-01-01 to 2023-12-31

Fountain Of Hope Ministries, founded in 2022, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2023. The organization ran a surplus of $301K, a strong 18% operating margin.

Mission

To work with men who are addicts.

Program Service Accomplishments

Program 1

Expenses: $697,180

For the year 2023 Fountain of Hope Ministries seen 13 Students graduate the year long program. We purchased a new building that we will be moving into in April of 2024. We have done numerous events in the community where we have made a big impact in the homeless community in Knoxville. We saw families restored that seemed doomed because of addiction. We where able to help 10 students get their drivers license back.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,713,836

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,713,836

Expense Breakdown

Grants Paid $0

Salaries & Benefits $436,743

Fundraising Expenses $378,178

Program Expenses $697,180

Other Expenses $976,553

TOTAL EXPENSES $1,413,296

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,713,836	N/A	N/A
Expenses	$1,413,296	N/A	N/A
Net Income	$300,540	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

Governance

Voting Members

Independent Members

N/A

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

$182,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Roy McGee	President	40.00	Director	$98,800	$0	$98,800
Shana McGee	Secretary	40.00	Director	$73,100	$0	$73,100
Larry Hill	Treasurer	15.00	Director	$10,900	$0	$10,900

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
2023	$1,713,836	$1,413,296	$643,788	$300,540