PRAY CHATTANOOGA (EIN 271709299) - 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

ADAM WHITESCARVER

Phone

4234684480

Tax Period

2024-01-01 to 2024-12-31

PRAY CHATTANOOGA, founded in 2010, is a small nonprofit in the Religion sector that reported $531K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $593K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PARTICIPATE IN THE CITY-WIDE TRANSFORMATION OF CHATTANOOGA BY MODELING, RESOURCING, AND EQUIPPING THE BODY OF CHRIST FOR SUSTAINED AND UNIFIED PRAYER, WORSHIP, AND OUTREACH.

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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 $520,462

Program Service Revenue $375

Investment Income $8,447

Other Revenue $1,721

TOTAL REVENUE $531,005

Expense Breakdown

Grants Paid $0

Salaries & Benefits $446,112

Fundraising Expenses $22,014

Program Expenses $478,354

Other Expenses $146,607

TOTAL EXPENSES $592,719

Year-over-Year Comparison

	2024	2023	Change
Revenue	$531,005	$474,100	+0.1%
Expenses	$592,719	$453,299	+0.3%
Net Income	$-61,714	$20,801	-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

Volunteers

600

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

$106,790

Total Directors

$106,790

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM WHITESCARVER	EXECUTIVE DIRECTOR	40.00	Officer Director	$82,000	$24,790	$106,790
JUSTIN HOFFMAN	BOARD CHAIR	0.77	Officer Director	$0	$0	$0
CHRIS FEHR	TREASURER	0.77	Officer Director	$0	$0	$0
ROBERT HATCHETT	SECRETARY	0.58	Officer Director	$0	$0	$0
MICHAEL OBI	DIRECTOR	0.58	Director	$0	$0	$0
GARY JARED	DIRECTOR	0.58	Director	$0	$0	$0
KELLIE ARMSTRONG	DIRECTOR	0.85	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	$531,005	$592,719	$558,379	$-61,714
2023	$474,100	$453,299	$623,133	$20,801
2022	$445,222	$435,174	$299,440	$10,048
2021	$379,096	$343,642	$589,395	$35,454
2020	$373,989	$337,021	$255,184	$36,968

PRAY CHATTANOOGA