PROVERBS2717 INC (EIN 204885548) - 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

2008

Legal Domicile

Principal Officer

MICHAEL E TOWNSEND

Phone

6784744601

Tax Period

2024-01-01 to 2024-12-31

PROVERBS2717 INC, founded in 2008, is a small nonprofit in the Religion sector that reported $269K in total revenue in fiscal year 2020. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $252K left a modest 7% surplus.

Mission

TO INSTRUCT, EDUCATE AND PREPARE MEMBERS IN A CHRISTIAN APPROACH TO HANDLING DAILY PROBLEMS. IN DOING SO, YOU SHALL MAKE A STATEMENT TO THE COMMUNITY AND BRING HONOR AND GLORY TO GOD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $149,850

Program Service Revenue $632,228

Investment Income $0

Other Revenue $1,631

TOTAL REVENUE $783,709

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,167

Fundraising Expenses $0

Program Expenses $803,834

Other Expenses $599,667

TOTAL EXPENSES $803,834

Year-over-Year Comparison

	2024	2023	Change
Revenue	$783,709	$586,362	+0.3%
Expenses	$803,834	$570,811	+0.4%
Net Income	$-20,125	$15,551	-2.3%

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

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
ROB MARBURY	SECRETARY	N/A	Director	$0	$0	$0
GARY SMITH	CEO	N/A	Director	$0	$0	$0
BRENT STROMWELL	VICE CHAIRMA	N/A	Director	$0	$0	$0
MICHAEL E TOWNSEND	TREASURER	N/A	Director	$0	$0	$0
DAVID TRINE	CHAIRMAN	N/A	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	$783,709	$803,834	$50,372	$-20,125
2023	$586,362	$570,811	$69,356	$15,551
2022	$513,092	$528,010	$59,301	$-14,918
2021	$380,294	$350,211	$84,070	$30,083
2020	$269,176	$251,675	$29,379	$17,501

PROVERBS2717 INC