Civic Intelligence

Faithtree Resources

990 • Fiscal year 2022 • EIN 82-4712208

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 07, 2023

PO Box 803114Santa Clarita, CA 91380

(818) 254-8391

Siviq Scores

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

Liabilities / Assets

85th percentile

0.24x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

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

Net Margin

25th percentile

-12%

Higher net margin than 25% of similar nonprofits.

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

Top Officer Pay

96th percentile

$75,000

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 26.8% of source-year revenue.

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

Asset Growth

12th percentile

-40%

Faster asset growth than 12% of similar nonprofits.

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

Revenue Growth

19th percentile

-28%

Faster revenue growth than 19% of similar nonprofits.

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

Assets

Down

$72,131

Down $48,612 (-40%) from 2021

Net Assets

Down

$54,618

Down $51,723 (-49%) from 2021

Liabilities

Up

$17,513

Up $3,111 (+22%) from 2021

Revenue

Down

$279,551

Down $108,983 (-28%) from 2021

Expenses

Up

$311,937

Up $18,257 (+6.2%) from 2021

Net Income

Down

-$32,386

Down $127,240 (-134%) 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: $37,719Liabilities 2018: $02018Assets 2019: $101,531Liabilities 2019: $0Net Assets 2019: $101,5312019Assets 2020: $10,803Liabilities 2020: $3,818Net Assets 2020: $6,9852020Assets 2021: $120,743Liabilities 2021: $14,402Net Assets 2021: $106,3412021Assets 2022: $72,131Liabilities 2022: $17,513Net Assets 2022: $54,6182022Assets 2023: $97,184Liabilities 2023: $9,301Net Assets 2023: $87,8832023Assets 2024: $136,234Liabilities 2024: $2,682Net Assets 2024: $133,5522024

Highlighted filing

2022

Assets$72,131
Liabilities$17,513
Net Assets$54,618

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $41,624Expenses 2018: $52,000Net Income 2018: -$10,3762018Revenue 2019: $164,545Expenses 2019: $109,078Net Income 2019: $55,4672019Revenue 2020: $177,433Expenses 2020: $261,354Net Income 2020: -$83,9212020Revenue 2021: $388,534Expenses 2021: $293,680Net Income 2021: $94,8542021Revenue 2022: $279,551Expenses 2022: $311,937Net Income 2022: -$32,3862022Revenue 2023: $301,860Expenses 2023: $285,030Net Income 2023: $16,8302023Revenue 2024: $487,210Expenses 2024: $438,138Net Income 2024: $49,0722024

Highlighted filing

2022

Revenue$279,551
Expenses$311,937
Net Income-$32,386
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$279,551
Mission and Program Overview

Mission

RELIGIOUS EDUCATION

The organization's efforts have been focused on helping orthodox christian parishes develop thriving communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$120,743$72,131▼ $48,612
Rtn Earn Endowment Incm Other Fnds$106,341$54,618▼ $51,723
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$120,743$72,131▼ $48,612
Liabilities
Other Liabilities$14,402$17,513▲ $3,111
Total Liabilities$14,402$17,513▲ $3,111
Net Assets / Fund Balance
Total Net Assets Fund Balance$106,341$54,618▼ $51,723
Total Liabilities and Net Assets / Fund Balance$120,743$72,131▼ $48,612
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michelle MoujaesExecutive DirectorFT$75,000$75,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$233,063
Program Service Revenue
$43,167
Investment Income
$0
Other Revenue
$3,321
All Other Contributions
$13,953
Change in Net Assets
$-32,386
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$183,669
Salaries, Compensation, and Employee Benefits$128,268
Total Fundraising Expense$5,727
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$61,288$13,135$577$75,000
Fees for Services Other$43,911$14,313$1,600$59,824
Advertising$41,986-$2,627$44,613
Other Salaries and Wages$6,087$32,191-$38,278
Office Expenses$620$13,080-$13,700
All Other Expenses$3,667$8,357-$12,024
Payroll Taxes-$9,800-$9,800
Travel$5,262$2,322-$7,584
Other Expenses$4,589$2,273$923$6,862
Other Employee Benefits-$5,190-$5,190
Total Functional Expenses$195,611$110,599$5,727$311,937
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Event$219,110---
Total Events$219,110---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$17,513
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Return is reviewed by members.

Form 990, Part VI, Section C, Line 19

The organization makes it governing documents and financial statements available to the public by providing copies upon request.

Filing and Contact Details

Filer

Filer Name
Faithtree Resources
EIN
82-4712208
Phone
8182548391
Address
PO BOX 803114, SANTA CLARITA, CA 91380

Signing Officer

Name
Michelle Moujaes
Title
Executive Director
Phone
8182548391
Signed
2023-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Moujaes
Formed
2018
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
0
Employees
3
Volunteers
0

Preparer

Firm
Singerlewak Llp
Address
21650 OXNARD STREET SUITE 2350, WOODLAND HILLS, CA 91367
Preparer
William Osborn
Phone
8189993924
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees and other payments to independent contractors: program service expenses 43,911. Management and general expenses 14,313. Fundraising expenses 1,600. Total expenses 59,824.

FORM 990, PART XI, LINE 9:

Change in undeposited funds -13,214.

Raw XML AppendixShowing 400 of 431 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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt076065
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0863339
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt043167
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt073606
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt072656
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05667
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05383
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0200479
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0517397
IRS990ScheduleA/SubstantialContributorsTotAmt0345942
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0233063
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0296411
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt099024
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0158776
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt076065
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0863339
IRS990ScheduleA/TotalSupportAmt01063818
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017513
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt017513
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0219110
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0219110
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0219110
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0219110
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN IS REVIEWED BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROFESSIONAL FEES AND OTHER PAYMENTS TO INDEPENDENT CONTRACTORS: PROGRAM SERVICE EXPENSES 43,911. MANAGEMENT AND GENERAL EXPENSES 14,313. FUNDRAISING EXPENSES 1,600. TOTAL EXPENSES 59,824.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHANGE IN UNDEPOSITED FUNDS -13,214.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0120743
IRS990/TotalAssetsEOYAmt072131
IRS990/TotalAssetsGrp/BOYAmt0120743
IRS990/TotalAssetsGrp/EOYAmt072131
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0233063
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05727
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0110599
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0195611
IRS990/TotalFunctionalExpensesGrp/TotalAmt0311937
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014402
IRS990/TotalLiabilitiesEOYAmt017513
IRS990/TotalLiabilitiesGrp/BOYAmt014402
IRS990/TotalLiabilitiesGrp/EOYAmt017513
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0106341
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt054618
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0195611
IRS990/TotalProgramServiceRevenueAmt043167
IRS990/TotalReportableCompFromOrgAmt075000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt046488
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0279551
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0120743
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt072131
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02322
IRS990/TravelGrp/ProgramServicesAmt05262
IRS990/TravelGrp/TotalAmt07584
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt024809 LOS ALTOS DRIVE
IRS990/USAddress/CityNm0VALENCIA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091355
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0HTTPS://WWW.FAITHTREE.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03

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