Preach Evangelistic Ministries

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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

1999

Legal Domicile

Principal Officer

Phillip Prichard

Phone

4179352330

Tax Period

2025-01-01 to 2025-12-31

Preach Evangelistic Ministries, founded in 1999, is a small nonprofit that reported $803K in total revenue in fiscal year 2025. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $746K left a modest 7% surplus.

Mission

Presenting the Gospel of Jesus Christ to the Portuguese and Romanian speaking peoples of South America and of Eastern Europe. Preaching, Teaching, and helping national pastors and laymen to develop a Biblical foundation for their ministries.

Program Service Accomplishments

Program 1

Expenses: $571,970

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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 (2025)

Revenue Breakdown

Contributions & Grants $802,679

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $802,679

Expense Breakdown

Grants Paid $0

Salaries & Benefits $513,771

Fundraising Expenses $0

Program Expenses $571,970

Other Expenses $231,851

TOTAL EXPENSES $745,622

Year-over-Year Comparison

	2025	2024	Change
Revenue	$802,679	$573,292	+0.4%
Expenses	$745,622	$592,218	+0.3%
Net Income	$57,057	$-18,926	-4.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$195,879

Total Directors

$206,363

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Phillip Prichard	Director	40.00	Officer Director	$81,911	$0	$81,911
Joe Davis	Vice President	0.00	Officer Director	$0	$0	$0
Dr Paul Pritchard	BLESS Director	40.00	Officer Director	$113,968	$0	$113,968
Richard Warren	TOT Director	0.00	Officer Director	$0	$0	$0
Pastor Ryan Cawley	Director	0.00	Director	$0	$0	$0
Pastor Mike Withem	Director	0.00	Director	$0	$0	$0
Terri Pritchard	Director	0.00	Director	$0	$0	$0
Sarah Pritchard	Director	1.00	Director	$10,484	$0	$10,484

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
2025	$802,679	$745,622	$888,995	$57,057
2024	$573,292	$592,218	$842,938	$-18,926
2023	$854,539	$630,285	$873,866	$224,254
2022	$640,228	$553,430	$744,566	$86,798
2021	$1,071,151	$542,725	$673,852	$528,426
2019	$470,938	$513,967	$156,806	$-43,029
2018	$576,839	$459,261	$259,396	$117,578