CONCERTS OF PRAYER GREATER NEW YORK

EIN: 113403498 501(c)(3)

New York, NY

Total Revenue
$323,586
Total Expenses
$324,791
Total Assets
$45,805
Net Assets
$3,780
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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
1998
Legal Domicile
NY
Principal Officer
Carl Johnson
Phone
7187212626
Tax Period
2018-01-01 to 2018-12-31

CONCERTS OF PRAYER GREATER NEW YORK, founded in 1998, is a small nonprofit that reported $324K in total revenue in fiscal year 2018. Revenue decreased 7% compared to the prior year.

Mission

The mission is to awaken all Christians to the awesome power of united prayer. The most significant activities are pastor's prayer retreats, prayer meetings and Biblical Scripture engagement activities.

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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 (2018)

Revenue Breakdown

Contributions & Grants $323,586
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $323,586

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,381
Fundraising Expenses $0
Program Expenses $324,791
Other Expenses $184,410
TOTAL EXPENSES $324,791

Year-over-Year Comparison

2018 2017 Change
Revenue $323,586 $349,644 -0.1%
Expenses $324,791 $307,481 +0.1%
Net Income $-1,205 $42,163 -1.0%
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
8
Independent Members
8
Employees
N/A
Volunteers
10

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
1
$0
Total Directors
8
$52,205
Key Employees
1
$52,205
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Hernquist Dir 0.5
Director
$0 $0 $0
Carl Johnson Dir/Chair 0.5
Officer Director
$0 $0 $0
Tom Mahairas Dir 0.5
Director
$0 $0 $0
LLoyd Syvertsen Dir 0.5
Director
$0 $0 $0
Mac Pier Dir 0.5
Director
$0 $0 $0
Mitchell Torres Dir 0.5
Director
$0 $0 $0
Samuel Vassel Dir 0.5
Director
$0 $0 $0
Dimas D Salaberrios President/Director 30
Director Key Emp Highest
$52,205 $0 $52,205
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
2018 $323,586 $324,791 $45,805 $-1,205
2017 $349,644 $307,481 $4,985 $42,163
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