Worship Catalyst Inc (EIN 260308541) - 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

2007

Legal Domicile

Principal Officer

Austin Ryan

Phone

5207774646

Tax Period

2023-01-01 to 2023-12-31

Worship Catalyst Inc, founded in 2007, is a small nonprofit in the Religion sector that reported $304K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

Training Worship Leaders

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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 (2023)

Revenue Breakdown

Contributions & Grants $290,997

Program Service Revenue $0

Investment Income $6,532

Other Revenue $6,532

TOTAL REVENUE $304,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $191,474

Fundraising Expenses $0

Program Expenses $305,657

Other Expenses $114,183

TOTAL EXPENSES $305,657

Year-over-Year Comparison

	2023	2022	Change
Revenue	$304,061	$249,177	+0.2%
Expenses	$305,657	$297,657	+0.0%
Net Income	$-1,596	$-48,480	-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

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

$119,243

Total Directors

$119,243

Key Employees

$156,110

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Austin Ryan	Executive Director	60.00	Officer Director Key Emp Highest	$63,245	$55,998	$119,243
Cami Ryan	Key Employee	60.00	Key Emp	$36,867	$0	$36,867
Ben Barfield	Secretary	0.00	Director	$0	$0	$0
Jonathan Reitz	Vice Chariman	0.00	Officer Director	$0	$0	$0
Troy Gaddie	Chairman & Treasurer	0.00	Officer Director	$0	$0	$0
Tono Rodriguez	Director	0.00	Director	$0	$0	$0
Mona McDonald	Director	0.00	Director	$0	$0	$0
Daren Glenister	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	No data	No data	No data	No data
2023	$304,061	$305,657	$307,219	$-1,596
2022	$249,177	$297,657	$308,735	$-48,480
2021	$337,621	$367,493	$357,323	$-29,872
2020	$445,181	$359,726	$387,323	$85,455
2019	$410,107	$349,520	$272,086	$60,587
2018	$405,459	$339,016	$212,500	$66,443

Worship Catalyst Inc