FIRST NIGERIAN BAPTIST CHURCH

EIN: 030534404 501(c)(3) Religion

RANDALLSTOWN, MD

Total Revenue
$118,048
Total Expenses
$104,730
Total Assets
$267,495
Net Assets
$267,495
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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
2003
Legal Domicile
MD
Principal Officer
SAMSON OMOTOSHO
Phone
4438583189
Tax Period
2024-01-01 to 2024-12-31

FIRST NIGERIAN BAPTIST CHURCH, founded in 2003, is a small nonprofit in the Religion sector that reported $118K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $105K left a modest 11% surplus.

Mission

RELIGIOUS ORGANIZATION

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $118,048
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $118,048

Expense Breakdown

Grants Paid $1,600
Salaries & Benefits $27,578
Fundraising Expenses $0
Other Expenses $75,552
TOTAL EXPENSES $104,730

Year-over-Year Comparison

2024 2023 Change
Revenue $118,048 $139,456 -0.2%
Expenses $104,730 $167,365 -0.4%
Net Income $13,318 $-27,909 -1.5%
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

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
N/A

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAMSON OMOTOSHO TRUSTEE 015.00
Director
$0 $0 $0
TITILAYO OMOTOSHO TRUSTEE 005.00
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 $118,048 $104,730 $267,495 $13,318
2023 $139,456 $167,365 $254,177 $-27,909
2022 $115,685 $335,705 $282,086 $-220,020
2021 $523,882 $348,988 $251,015 $174,894
2020 $94,290 $121,797 $76,121 $-27,507
2019 $110,291 $80,985 $103,628 $29,306
2018 $84,227 $37,945 $74,322 $46,282
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