FAITHFUL BEGINNINGS INC

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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

2023

Legal Domicile

Principal Officer

LISA HARTOG

Phone

7275449465

Tax Period

2024-08-01 to 2025-07-31

FAITHFUL BEGINNINGS INC, founded in 2023, is a small nonprofit in the Education sector that reported $431K in total revenue in fiscal year 2024.

Mission

TO PROVIDE EARLY CHILDHOOD EDUCATION SERVICES TO PROVIDE EARLY CHILDHOOD EDUCATION SERVICES AND TO CARE FOR YOUNG CHILDREN.

Program Service Accomplishments

Program 1

Expenses: $328,400 Revenue: $427,268

EARLY CHILDHOOD EDUCATION SERVICES.

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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 $395

Program Service Revenue $427,268

Investment Income $3

Other Revenue $3,093

TOTAL REVENUE $430,759

Expense Breakdown

Grants Paid $0

Salaries & Benefits $300,183

Fundraising Expenses $0

Program Expenses $328,400

Other Expenses $121,165

TOTAL EXPENSES $421,348

Year-over-Year Comparison

	2024	2023	Change
Revenue	$430,759	N/A	N/A
Expenses	$421,348	N/A	N/A
Net Income	$9,411	$0	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

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

$83,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA M HARTOG	PRESIDENT	100.00	Officer	$42,120	$0	$42,120
TAMMY L POPE	VICE PRESIDENT/ SECRETARY	100.00	Officer	$41,080	$0	$41,080
JULI DAVIS	TREASURER	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	$430,759	$421,348	$40,569	$9,411