PREPARE INTERNATIONAL NFP

EIN: 364407167 501(c)(3) Religion

CLEMMONS, NC

Total Revenue
$343,113
Total Expenses
$391,202
Total Assets
$180,287
Net Assets
$75,383
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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
2001
Legal Domicile
IL
Principal Officer
RONALD PEGRAM
Phone
9049455751
Tax Period
2024-01-01 to 2024-12-31

PREPARE INTERNATIONAL NFP, founded in 2001, is a small nonprofit in the Religion sector that reported $343K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $391K exceeded revenue, resulting in a 14% operating deficit.

Mission

TRAIN, RESOURCE, AND NETWORK CHRISTIAN LEADERS THROUGHOUT THE WORLD, IN THE MOST APPROPRIATE WAY, INCLUDING MINISTRY TO PEOPLE IN PRISON.

Program Service Accomplishments

Program 1
Expenses: $379,907

TO TRAIN AND RESOURCE CHRISTIAN LEADERS, INCLUDING THOSE MINISTERING TO PEOPLE IN PRISON.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $343,100
Program Service Revenue $0
Investment Income $13
Other Revenue $0
TOTAL REVENUE $343,113

Expense Breakdown

Grants Paid $0
Salaries & Benefits $85,226
Fundraising Expenses $0
Program Expenses $379,907
Other Expenses $305,976
TOTAL EXPENSES $391,202

Year-over-Year Comparison

2024 2023 Change
Revenue $343,113 $422,640 -0.2%
Expenses $391,202 $377,112 +0.0%
Net Income $-48,089 $45,528 -2.1%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
55

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
3
$49,500
Total Directors
5
$49,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL R ALEXANDER DIRECTOR & PRESIDENT 0.10
Officer Director
$0 $0 $0
BECKY HAMMETT DIRECTOR & SECRETARY 0.10
Officer Director
$0 $0 $0
RON PEGRAM DIRECTOR & TREASURER 40.00
Officer Director
$49,500 $0 $49,500
MICHAEL BOLICK DIRECTOR 0.10
Director
$0 $0 $0
JACOB MORGAN DIRECTOR 0.10
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 $343,113 $391,202 $180,287 $-48,089
2023 $422,640 $377,112 $123,472 $45,528
2022 $367,717 $359,711 $77,944 $8,006
2021 $275,833 $287,618 $69,938 $-11,785
2020 $274,920 $237,271 $81,723 $37,649
2019 $285,810 $319,133 $44,074 $-33,323
2018 $288,491 $288,891 $77,397 $-400
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