POWER OF WORSHIP MINISTRIES INC

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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

CHERYL CARTY-STRACHAN

Phone

6469343244

Tax Period

2025-01-01 to 2025-12-31

POWER OF WORSHIP MINISTRIES INC, founded in 2010, is a small nonprofit that reported $123K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $108K left a modest 12% surplus.

Mission

To help the local community by providing inspirational and uplifting programs through the online radio, seminars and to assist families in need of food and school items.

Program Service Accomplishments

Program 1

Expenses: $106,543 Revenue: $122,538

TO HELP THE LOCAL COMMUNITY BY PROVIDING INSPIRATION AND UPLIFTING PROGRAMS THROUGH ONLINE RADIO, SEMINARS, AND ASSIST FAMILIES IN NEED OF FOOD AND SCHOOL ITEMS.

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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 $122,538

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $122,538

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,351

Fundraising Expenses $322

Program Expenses $106,543

Other Expenses $69,031

TOTAL EXPENSES $107,704

Year-over-Year Comparison

	2025	2024	Change
Revenue	$122,538	$142,351	-0.1%
Expenses	$107,704	$131,998	-0.2%
Net Income	$14,834	$10,353	+0.4%

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

$34,417

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REVANTON STRACHAN	PRESIDENT	35.00	Officer	$34,417	$0	$34,417

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	$122,538	$107,704	$25,187	$14,834
2024	No data	No data	No data	No data
2023	$124,893	$87,960	No data	$36,933
2022	$96,675	$38,020	No data	$58,655
2021	$116,937	$9,600	No data	$107,337