AFRICAN STRATEGIC LEADERSHIP PRAYER NETWORK (EIN 271481832) - 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

2010

Legal Domicile

Principal Officer

MICHAEL OKWUOSAH

Phone

8772927576

Tax Period

2024-01-01 to 2024-12-31

AFRICAN STRATEGIC LEADERSHIP PRAYER NETWORK, founded in 2010, is a small nonprofit in the Education sector that reported $132K in total revenue in fiscal year 2024. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $172K exceeded revenue, resulting in a 30% operating deficit.

Mission

AFRICAN STRATEGIC LEADERSHIP PRAYER NETWORK IS DEDICATED TO PRAYER AND INTERCESSION. IT IS AN ASSEMBLY OF AFRICAN CHRISTIAN LEADERS COMING TOGETHER IN UNITY AND OBEDIENCE TO THE WORD OF GOD TO RELEASE THE ANOINTING OF PRAYER AND BRING PEOPLE AND NATIONS BACK TOWARD RIGHTEOUSNESS.

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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 $132,010

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $132,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $166,035

Other Expenses $171,593

TOTAL EXPENSES $171,593

Year-over-Year Comparison

	2024	2023	Change
Revenue	$132,010	$230,139	-0.4%
Expenses	$171,593	$246,051	-0.3%
Net Income	$-39,583	$-15,912	+1.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL DADA	DEPUTY PRESIDENT	1.00	Director	$0	$0	$0
NKHOSANA CHONGO	FINANCE & FUNDRAISING CHAIRMAN	1.00	Director	$0	$0	$0
KWASI O GYIMAH	YOUTH COMMITTEE CHAIR	1.00	Director	$0	$0	$0
DR TIMOTHY AGBEJA	MOBILIZATION, OUTREACH & NETWORKING CHAIRMAN	1.00	Director	$0	$0	$0
EBELE OKAFOR	PRAYER & INTERCESSION COMMITTEE CHAIRMAN	1.00	Director	$0	$0	$0
KOFI THOMPSON	WORSHIP AND MUSIC CHAIRMAN	1.00	Director	$0	$0	$0
ISAAC ALADENIYI	LOGISTICS COMMITTEE CHAIRMAN	1.00	Director	$0	$0	$0
DARLINGSTON G JOHNSON	PRESIDENT	1.00	Officer	$0	$0	$0
MICHAEL OKWUOSAH	NATIONAL COORDINATOR	20.00	Officer	$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	$132,010	$171,593	$658	$-39,583
2023	$230,139	$246,051	$32,538	$-15,912
2022	$222,425	$232,347	$48,450	$-9,922
2021	$173,324	$173,886	$58,072	$-562
2020	$249,111	$208,401	$58,655	$40,710
2019	$196,957	$213,110	$17,699	$-16,153
2018	$206,728	$224,724	$34,217	$-17,996

AFRICAN STRATEGIC LEADERSHIP PRAYER NETWORK