PRAY CHATTANOOGA

EIN: 271709299 501(c)(3) Religion

CHATTANOOGA, TN

Total Revenue
$531,005
Total Expenses
$592,719
Total Assets
$558,379
Net Assets
$258,153
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
TN
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

WE ARE "UNIFYING CHRISTIANS IN OUR CITY THROUGH PRAYER." TO ACCOMPLISH THIS, WE FOCUS ON GROWING PRAYER IN OUR CITY THROUGH PRAYER NETWORKS, RETREATS, AND RESOURCES. WE BELIEVE THAT AS WE DO OUR PART TO INCREASE PRAYER THROUGH NETWORKS, RETREATS, AMD RESOURCES GOD WILL UNIFY HIS CHURCH TO TRANSFORM OUR CITY THROUGH VARIOUS COLLABORATIVE SERVICE AND EVANGELISTIC EFFORTS.

Program Service Accomplishments

Program 1
Expenses: $173,691

PRAY CHATTANOOGA - A PRAYER MEETING NETWORK DESIGNED TO GENERATE UNIFIED PRAYER AND SERVICE IN OUR CITY. GATHERINGS RANGE IN SIZE FROM HANDFULS TO HUNDREDS OF PEOPLE AND ARE ORGANIZED REGIONALLY FOR...

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PRAY CHATTANOOGA - A PRAYER MEETING NETWORK DESIGNED TO GENERATE UNIFIED PRAYER AND SERVICE IN OUR CITY. GATHERINGS RANGE IN SIZE FROM HANDFULS TO HUNDREDS OF PEOPLE AND ARE ORGANIZED REGIONALLY FOR GREATER ACCESSIBILITY. PRAY CHATTANOOGA FACILITATES OVER 130 SUCH PRAYER MEETINGS ANNUALLY, IMPACTING 13,200 INDIVIDUALS.

Program 2
Expenses: $154,391 Revenue: $396

SPIRITUAL FORMATION (RHYTHMS) - WE SEEK THE WELL-BEING OF OUR CITY THROUGH ENCOURAGING, PROMOTING, AND CULTIVATING HEALTHY SPIRITUAL PRACTICES THROUGH RETREATS, TRAININGS, AND SPIRITUAL DIRECTION...

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SPIRITUAL FORMATION (RHYTHMS) - WE SEEK THE WELL-BEING OF OUR CITY THROUGH ENCOURAGING, PROMOTING, AND CULTIVATING HEALTHY SPIRITUAL PRACTICES THROUGH RETREATS, TRAININGS, AND SPIRITUAL DIRECTION, INCLUDING ONLINE RESOURCES. APPROXIMATELY 7,300 WERE IMPACTED DURING 2024.

Program 3
Expenses: $150,272 Revenue: $1,700

THE UNION - A GATHERING OF CHATTANOOGA'S WORSHIP ARTS COMMUNITY FOR COLLABORATIVE CREATIVE EFFORTS - THIS MINISTRY HAS CO-PRODUCED A NUMBER OF ORIGINAL WORSHIP SONGS AND ART TO BLESS THE ENTIRE CITY...

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THE UNION - A GATHERING OF CHATTANOOGA'S WORSHIP ARTS COMMUNITY FOR COLLABORATIVE CREATIVE EFFORTS - THIS MINISTRY HAS CO-PRODUCED A NUMBER OF ORIGINAL WORSHIP SONGS AND ART TO BLESS THE ENTIRE CITY AND HOLDS QUARTERLY WORSHIP EVENTS FEATURING THE DIVERSITY OF CHATTANOOGA'S WORSHIP CULTURE, IMPACTING APPROXIMATELY 15,000 INDIVIDUALS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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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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Governance

Voting Members
6
Independent Members
6
Employees
11
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
4
$106,790
Total Directors
7
$106,790
Key Employees
0
$0
Highest Compensated
0
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
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