Civic Intelligence

Faith Foundation Resources

990EZ • Fiscal year 2022 • EIN 04-2354456

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 16, 2023

4225 Miller Rd Ste 176Flint, MI 48507

(810) 869-0164

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

46th percentile

2.3%

Higher net margin than 46% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

88th percentile

$30,119

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 35.4% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

89th percentile

75%

Faster asset growth than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-70%

Faster revenue growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$115,495

Up $49,371 (+75%) from 2021

Net Assets

Up

$115,495

Up $49,371 (+75%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$85,000

Down $194,915 (-70%) from 2021

Expenses

Down

$83,036

Down $129,928 (-61%) from 2021

Net Income

Down

$1,964

Down $64,987 (-97%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $65,716Liabilities 2019: $29,101Net Assets 2019: $36,6152019Assets 2021: $66,124Liabilities 2021: $0Net Assets 2021: $66,1242021Assets 2022: $115,495Liabilities 2022: $0Net Assets 2022: $115,4952022Assets 2024: $118,410Liabilities 2024: $32,064Net Assets 2024: $86,3462024

Highlighted filing

2022

Assets$115,495
Liabilities$0
Net Assets$115,495

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2018: $191,000Expenses 2018: $124,232Net Income 2018: $66,7682018Revenue 2019: $251,200Expenses 2019: $257,329Net Income 2019: -$6,1292019Revenue 2021: $279,915Expenses 2021: $212,964Net Income 2021: $66,9512021Revenue 2022: $85,000Expenses 2022: $83,036Net Income 2022: $1,9642022Revenue 2024: $436,696Expenses 2024: $411,204Net Income 2024: $25,4922024

Highlighted filing

2022

Revenue$85,000
Expenses$83,036
Net Income$1,964
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 16, 2023
Return Version
2022v5.0
Gross Receipts
$85,000
Mission and Program Overview

Mission

To provide the necessary education and training required to promote success and positive motivation to the community in an effort to equip them with life skills and real world knowledge.

Education for underserved youths

Program Services

DescriptionGrantsExpenses
Helping Young People to Employment HYPE Program is a job readiness an HIVAIDS awarenessprevention program geared tpward educating teens and young adults through information role play and performing arts as an avenue to bring awareness and foster healthy sexual choices We maintained a 98 job replacement rate-$75,024
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANGELA LOTSExecutive DirectorFT$30,119-$30,119
ALLAN ARMSTRONGPresident-$0--
TERONSE MILLERTreasurer-$0--
NAJEE MILLERMember-$0--
GWEN WILLIAMSMember-$0--
BONITA PARKERMember-$0--
BRYANT TURNERMember-$0--
CATHEY CRIGLERMember-$0--
FELICIA DONALDSONMember-$0--
ADRIENNE ARMSTRONGMember-$0--
TONYA D SMITHMember-$0--
Filing and Contact Details

Filer

Filer Name
Faith Foundation Resources
EIN
04-2354456
In Care Of
% Angela Lots
Address
4225 Miller Rd Ste 176, Flint, MI 48507

Signing Officer

Name
Angela Lots
Title
CEO
Phone
8108690164
Signed
2023-10-16
Discuss with paid preparer
No

Preparer

Firm
Jerald Knox and Company
Address
P O Box 87436, Chicago, IL 60680
Preparer
Jerald Knox
Phone
7082109124
Supplemental Narrative

Additional Explanations

Part I Line 16

Advertising and promotion $4957.00

Part I Line 16

Other office expenses $6344.00

Part I Line 16

Depreciation, depletion, and amortization $3906.00

Part I Line 16

Insurance $2251.00

Part I Line 16

Programmatic $25409.00

Part I Line 13

Legal and Professional $10050.00

Part II Line 24

Accounts receivable, net. Beginning:$0.00 Ending: $25000.00

Raw XML Appendix203 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and promotion $4957.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other office expenses $6344.00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $2251.00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts receivable, net. Beginning:$0.00 Ending: $25000.00
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ANGELA LOTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08108690164
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Faith Foundation Resources
ReturnHeader/Filer/BusinessNameControlTxt0FAIT
ReturnHeader/Filer/EIN0042354456
ReturnHeader/Filer/InCareOfNm0% Angela Lots
ReturnHeader/Filer/USAddress/AddressLine1Txt04225 Miller Rd Ste 176
ReturnHeader/Filer/USAddress/CityNm0Flint
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ReturnHeader/Filer/USAddress/ZIPCd048507
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364429055
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jerald Knox and Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 87436
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
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ReturnHeader/PreparerPersonGrp/PhoneNum07082109124
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERALD KNOX
ReturnHeader/ReturnTs02023-10-16T23:21:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANGELA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LOTS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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