FATHER MATTERS INC

EIN: 911846806 501(c)(3) Arts, Culture & Humanities

Tempe, AZ

Total Revenue
$381,907
Total Expenses
$176,335
Total Assets
$352,658
Net Assets
$352,658
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
CA
Principal Officer
Vance Simms
Phone
6027743298
Tax Period
2024-01-01 to 2024-12-31

FATHER MATTERS INC, founded in 1997, is a small nonprofit in the Arts, Culture & Humanities sector that reported $382K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $206K, a strong 54% operating margin.

Mission

Father Matters is dedicated to fostering growth and resilience in socially and economically underserved communities.

Program Service Accomplishments

Program 1
Expenses: $104,050 Revenue: $276,475

Our first major accomplishment in 2024 was the delivery of comprehensive case management services and skill-building workshops to individuals across the community. Our case managers worked closely...

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Our first major accomplishment in 2024 was the delivery of comprehensive case management services and skill-building workshops to individuals across the community. Our case managers worked closely with clients to set personal goals, develop actionable plans, and connect them to essential resources-including employment opportunities, job readiness training, benefits assistance, housing support, transportation vouchers, and family reunification services. In addition, we offered a variety of workshops designed to help individuals strengthen life and workforce skills to support long-term stability and success.

Program 2
Expenses: $15,000 Revenue: $15,000

Our second key accomplishment in 2024 was the impact of our Resource Room and Quarterly Resource Fairs. Through these efforts, we provided essential support to individuals and families by...

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Our second key accomplishment in 2024 was the impact of our Resource Room and Quarterly Resource Fairs. Through these efforts, we provided essential support to individuals and families by distributing food items, hygiene kits, clothing, shoes, household goods, school supplies, and other donated resources. The Resource Room serves as a vital hub for meeting basic needs, while our quarterly fairs offer direct access to community partners and services, helping to reduce barriers and promote stability for those we serve.

Program 3
Expenses: $15,000 Revenue: $15,000

Our third major accomplishment in 2024 was the continued growth of our Community Outreach Program. Through this initiative, we provided vital information about SNAP eligibility, housing referrals...

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Our third major accomplishment in 2024 was the continued growth of our Community Outreach Program. Through this initiative, we provided vital information about SNAP eligibility, housing referrals, and reentry support services aligned with the Justice Reinvestment Act. By hosting and participating in resource fairs, we expanded access to Father Matters programs while connecting community members to a wide network of supportive resources and partner organizations.

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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 $381,907
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $381,907

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $12,500
Program Expenses $134,050
Other Expenses $163,835
TOTAL EXPENSES $176,335

Year-over-Year Comparison

2024 2023 Change
Revenue $381,907 $230,434 +0.7%
Expenses $176,335 $273,082 -0.4%
Net Income $205,572 $-42,648 -5.8%
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

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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
4
Independent Members
3
Employees
2
Volunteers
10

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
4
$62,770
Total Directors
0
$0
Key Employees
2
$140,534
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jessica Beresford Director Of Operations 40
Key Emp
$38,882 $38,882 $77,764
Vance Simms President/CEO 40
Officer Key Emp
$31,385 $31,385 $62,770
Ursula Harris Secretary 0
Officer
$0 $0 $0
Stuart Burns Treasurer 0
Officer
$0 $0 $0
Artesia Scott Other 0
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
2024 $381,907 $176,335 $352,658 $205,572
2023 $230,434 $273,082 $147,086 $-42,648
2022 $224,612 $174,009 $189,734 $50,603
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