PREACHFOR FOUNDATION

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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

DONALD P KANAK

Phone

2064091773

Tax Period

2023-10-04 to 2023-12-31

PREACHFOR FOUNDATION, founded in 2023, is a small nonprofit in the Religion sector that reported $225K in total revenue in fiscal year 2023.

Mission

NURTURING NEW LEADERS FOR FLOURISHING CHURCHES

Program Service Accomplishments

Program 1

THE ENTITY JUST ORGANIZED AND RECEIVED ITS FIRST CHARITABLE CONTRIBUTION IN LATE 2023. IN THE FUTURE, THE ORGANIZATION PLANS TO HAVE THE FOLLOWING PROGRAM SERVICES:FELLOWSHIP PROGRAM AND CHURCH...

THE ENTITY JUST ORGANIZED AND RECEIVED ITS FIRST CHARITABLE CONTRIBUTION IN LATE 2023. IN THE FUTURE, THE ORGANIZATION PLANS TO HAVE THE FOLLOWING PROGRAM SERVICES:FELLOWSHIP PROGRAM AND CHURCH ENGAGEMENT: THE AMERICAN FELLOWS PROGRAM WILL EQUIP FUTURE LEADERS WITH VALUABLE WORK AND LIFE EXPERIENCE, KNOWLEDGE, FAITH, AND PROMOTE THEIR POTENTIAL TO BE FUTURE LEADERS IN CHURCH MINISTRY. THE FELLOWSHIP PROGRAM AND COOPERATIVE WORK WITH CHURCHES WILL SERVE THE BROADER COMMUNITY BY ENGAGING, ENCOURAGING, AND PROVIDING MINISTRY RESOURCES AND RECENT COLLEGE AND UNIVERSITY GRADUATES, WHO WILL ENABLE THE CHURCH TO EXPAND ITS OUTREACH AND ASSISTANCE IN THE COMMUNITY. SEE CONTINUATION ON SCHEDULE "O"... THROUGH ITS WORK WITH INDIVIDUAL CHURCHES AND OTHER MINISTRY ORGANIZATIONS, THE ORGANIZATION SEEKS TO BUILD AWARENESS ABOUT THE IMPORTANCE OF FAITHFUL LEADERSHIP DEVELOPMENT IN THE HEALTHY FUNCTIONING AND GROWTH OF THE CHURCH.

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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 $225,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $225,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	$225,000	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	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

Employees

N/A

Volunteers

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
DONALD P KANAK	CHAIRMAN/TREASURER	1.00	Officer Director	$0	$0	$0
GREGORY M ANDERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
W WALKER LEWIS	SECRETARY	1.00	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
2024	No data	No data	No data	No data
2023	$225,000	No data	$225,000	No data