CELESTIAL CHURCH OF CHRIST ILERI OLUWA PARISH INC (EIN 113098283) - 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

1993

Legal Domicile

Principal Officer

Michael O Awodumila

Phone

9174807238

Tax Period

2022-01-01 to 2022-12-31

CELESTIAL CHURCH OF CHRIST ILERI OLUWA PARISH INC, founded in 1993, is a small nonprofit that reported $384K in total revenue in fiscal year 2022. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

Provide religious teachings, counselling, training in bibical studies and community development

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $384,145

Investment Income $0

Other Revenue $0

TOTAL REVENUE $384,145

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,589

Fundraising Expenses $0

Other Expenses $346,286

TOTAL EXPENSES $416,875

Year-over-Year Comparison

	2022	2021	Change
Revenue	$384,145	$326,632	+0.2%
Expenses	$416,875	$315,315	+0.3%
Net Income	$-32,730	$11,317	-3.9%

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

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael O Awodumila	Chairman	040.00	Officer Director	$0	$0	$0
Kehinde Akinnibosun	Patron	015.00	Officer Director	$0	$0	$0
Lade Adekoya	Member	015.00	Officer Director	$0	$0	$0
Idowu A Mayungbo	Memebr	015.00	Officer Director	$0	$0	$0
Solomon S Adesanya	Member	015.00	Officer Director	$0	$0	$0
Oluwadamisi F Akinkuowo	Secretary	015.00	Officer 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
2022	$384,145	$416,875	$41,290	$-32,730
2021	$326,632	$315,315	$74,020	$11,317
2020	$312,744	$261,996	$62,703	$50,748

CELESTIAL CHURCH OF CHRIST ILERI OLUWA PARISH INC