Faith and Liberty Discovery Center Llc

Nonprofit profile at a glance

EIN
832372645
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-T 2023, Form 990-N 2018
Location
Philadelphia, PA, USA
Phone
2153090900
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$3,923,061
Expenses
$3,993,531
Assets
$12,250,879
Liabilities
$27,712,760

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • JENNIFER HOLLORAN (PRESIDENT)
  • ROBERT WONDERLING (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JENNIFER HOLLORAN (PRESIDENT): $422,417 total reported compensation
  • ROBERT WONDERLING (EXECUTIVE DIRECTOR): $256,710 total reported compensation
  • MATTHEW MUSGNUNG (TREASURER): $220,127 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fldc explores the relationship between faith and liberty in america from its founding to today by illuminating the influence of the bible on individuals in key historical and personal moments.

What it reported doing in 2024

The mission of FLDC is continuing through the Faith and Liberty Initiative (FLI) which will integrate the themes of the FLDC into its wider programming as a key strategy to promote confidence in the Bible. FLI projects leverage and extend the intellectual property and the scholarly and organizational relationships from the FLDC. Products in development include: 1) an online Faith and Liberty Bible app and a commemorative America 250 print edition; 2) a Faith and Liberty high school course suitable for distribution to public and faith-based schools and students; and 3) a Faith and Liberty Speakers Bureau in partnership with a broader coalition starting with the America 250 commemorations. Extensive third-party market testing in 2025 sustains the Society's confidence in this content and strategy for enhancing the mission and attracting ongoing support. The current level of resource support is commensurate with the development and marketing of emerging Faith and Liberty tools and products.

Operating model

Revenue model
Affiliate-supported. 98% of the money available for current operations came from contributions from related organizations.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 42
  • Transparency & Controls: 69
  • Accountability: 28
  • Sustainability: 39
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 47.6%; rating input score 48
  • Program expense ratio: 46.8%; rating input score 47
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.8%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 3.07; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 2.26; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 8.7%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 10.7% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: -22.9% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -5.5% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 47.6% of revenue deployed · 46.8% of spending went to programs
  • Governance: 0 of 4 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.9M in reported program spending
  • Leadership: top reported pay $422K · 5 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $794K reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 47/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.