HOLLYWOOD PRAYER NETWORK INC (EIN 264803469) - 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

2009

Legal Domicile

Principal Officer

KAREN COVELL

Phone

3234628486

Tax Period

2025-01-01 to 2025-12-31

HOLLYWOOD PRAYER NETWORK INC, founded in 2009, is a small nonprofit in the Religion sector that reported $325K in total revenue in fiscal year 2025. Revenue decreased 20% compared to the prior year. Expenses of $547K exceeded revenue, resulting in a 68% operating deficit.

Mission

supporting and praying for the people, the projects, and the powerful influence of the entertainment industry.

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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 $293,187

Program Service Revenue $0

Investment Income $31,417

Other Revenue $0

TOTAL REVENUE $324,604

Expense Breakdown

Grants Paid $0

Salaries & Benefits $269,424

Fundraising Expenses $19,826

Program Expenses $346,310

Other Expenses $277,255

TOTAL EXPENSES $546,679

Year-over-Year Comparison

	2025	2024	Change
Revenue	$324,604	$404,268	-0.2%
Expenses	$546,679	$440,323	+0.2%
Net Income	$-222,075	$-36,055	+5.2%

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

260

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

$69,490

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN COVELL	Executive Dir.	40.00	Officer	$69,490	$0	$69,490
NAIMA LETT	Treasurer	0.50	Officer Director	$0	$0	$0
DEAN BATALI	Chairman	0.50	Director	$0	$0	$0
TOM HALLEEN	finance comt.	0.50	Director	$0	$0	$0
MERLINDA BALMS	Secretary	0.50	Officer 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
2025	$324,604	$546,679	$1,745,494	$-222,075
2024	$404,268	$440,323	$1,869,137	$-36,055
2023	$346,926	$366,635	$1,791,246	$-19,709
2022	$1,834,367	$264,013	$1,707,762	$1,570,354
2021	$251,778	$270,135	$147,437	$-18,357
2018	$214,111	$189,420	$140,737	$24,691

HOLLYWOOD PRAYER NETWORK INC