BANNER COMMUNICATIONS INC (EIN 237451680) - 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

1999

Legal Domicile

Principal Officer

JACK L KINCAID

Phone

3522565687

Tax Period

2024-01-01 to 2024-12-31

BANNER COMMUNICATIONS INC, founded in 1999, is a micro nonprofit that reported $2K in total revenue in fiscal year 2024. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $95K exceeded revenue, resulting in a 4654% operating deficit.

Mission

PROMULGATION OF CHRISTIANITY

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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 $2,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,000

Expense Breakdown

Grants Paid $57,987

Salaries & Benefits $29,066

Fundraising Expenses $0

Program Expenses $87,053

Other Expenses $8,031

TOTAL EXPENSES $95,084

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,000	$100,028	-1.0%
Expenses	$95,084	$36,460	+1.6%
Net Income	$-93,084	$63,568	-2.5%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$27,000

Total Directors

$27,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK L KINCAID	PRESIDENT/CEO	40.00	Officer Director	$27,000	$0	$27,000
JOHN WASHINGTON	BOARD CHAIRMAN/DIRECTOR	0.00	Officer Director	$0	$0	$0
FRANK SHIPLEY	SECRETARY/TREASURER	0.00	Officer Director	$0	$0	$0
ROBERT DOAK	DIRECTOR	0.00	Director	$0	$0	$0
ANDREW FOMINKO	DIRECTOR	0.00	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	$2,000	$95,084	No data	$-93,084
2023	$100,028	$36,460	$115,212	$63,568
2022	$96,071	$77,522	$51,943	$18,549
2021	$202,427	$216,802	$33,324	$-14,375
2020	$146,739	$139,355	$47,795	$7,384
2019	$247,229	$264,907	$51,929	$-17,678
2018	$281,311	$237,436	$75,651	$43,875

BANNER COMMUNICATIONS INC