FAITHFUL FOOLS STREET MINISTRY (EIN 943348396) - Form 990 Financial Analysis & Trantor Score

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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

1998

Legal Domicile

Phone

4154740508

Tax Period

2023-01-01 to 2023-12-31

FAITHFUL FOOLS STREET MINISTRY, founded in 1998, is a small nonprofit in the Religion sector that reported $706K in total revenue in fiscal year 2023. Revenue surged 108% from the prior year, signaling strong growth momentum. The organization ran a surplus of $158K, a strong 22% operating margin.

Mission

We are called to a ministry of presence that acknowledges each human's incredible worth. Aware of our judgments we seek to meet people where they are through the arts education advocacy and accompaniment.

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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 $656,386

Program Service Revenue $0

Investment Income $50,014

Other Revenue $0

TOTAL REVENUE $706,400

Expense Breakdown

Grants Paid $0

Salaries & Benefits $375,510

Fundraising Expenses $42,713

Program Expenses $383,639

Other Expenses $172,945

TOTAL EXPENSES $548,455

Year-over-Year Comparison

	2023	2022	Change
Revenue	$706,400	$339,056	+1.1%
Expenses	$548,455	$449,381	+0.2%
Net Income	$157,945	$-110,325	-2.4%

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

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

$5,000

Total Directors

$206,855

Key Employees

$185,855

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARMEN BARSODY	PRESIDENT	60.00	Officer	$5,000	$0	$5,000
LEAH LAXAMANA	DIRECTOR	40.00	Director Key Emp	$92,667	$0	$92,667
SILENA LAYNE	SECRETARY	40.00	Director Key Emp	$93,188	$0	$93,188
BOB BACON	CHAIRMAN	2.00	Director	$0	$0	$0
TIMOTHY NOVACIC	CHIEF FINANCIAL OFFICER	1.00	Director	$0	$0	$0
DAMIEN WELDON	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN PETRO	DIRECTOR	1.00	Director	$0	$0	$0
DAISY XIE	DIRECTOR	6.00	Director	$21,000	$0	$21,000
MARVIN FOORTE	DIRECTOR	1.00	Director	$0	$0	$0
BIANCA HUERTA	DIRECTOR	1.00	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	$706,400	$548,455	$1,084,430	$157,945
2022	$339,056	$449,381	$864,594	$-110,325
2021	$421,780	$380,145	$979,817	$41,635
2020	$302,552	$251,032	$940,454	$51,520

FAITHFUL FOOLS STREET MINISTRY