LANCASTER, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TABERNACLE WORSHIP AND PRAYER MINISTRY INC, founded in 2009, is a micro nonprofit in the Religion sector that reported $22K in total revenue in fiscal year 2019. Revenue decreased 7% compared to the prior year. Expenses of $21K left a modest 7% surplus.
ESTABLISH A CHURCH AS HOUSE OF PRAYER. HOLD SUNDAY WORSHIP SERVICES TEACHING PRAYER AS FIRST SOURCE OF POWER GIVEN BY GOD. CONDUCT SUNDAY SCHOOL AND PRAYER CLINICS REINFORCING AND DEEPENING PRAYER LIFE.
BENEFITS PAID AND PRESENTED DIRECTLY TO CHURCH MEMBERS AND FOR WIDOWS,CHILDREN,DISPLACED CONGREGANTS, VISITING CHRISTIANS OR COMMUNITY RESIDENTS ATTENDING A SERVICE, SUNDAY SCHOOL OR MEETINGS.
COST OF SPACE RENTALS FOR CHURCH SERVICES AND SUNDAY SCHOOL; AUDIO VISUAL AND SOUND EQUIPMENT FOR BROADCASTS AND PRAYER CLINICS; INSTRUMENTS TO PLAY MUSIC; AND OTHER ITEMS TO ASSIST GUEST SPEAKERS...
COST OF SPACE RENTALS FOR CHURCH SERVICES AND SUNDAY SCHOOL; AUDIO VISUAL AND SOUND EQUIPMENT FOR BROADCASTS AND PRAYER CLINICS; INSTRUMENTS TO PLAY MUSIC; AND OTHER ITEMS TO ASSIST GUEST SPEAKERS, MINISTERS USED IN THE TEACHING AND PREACING THE WORD OF GOD.
REVEREND AND PASTORS TRAVEL EXPENSES TO ATTEND SEMINARS FOCUSED ON INCREASING KNOWLEDGE THE BIBLE AND SCRIPTURES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2019 | 2018 | Change | |
|---|---|---|---|
| Revenue | $22,264 | $23,872 | -0.1% |
| Expenses | $20,756 | $21,994 | -0.1% |
| Net Income | $1,508 | $1,878 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DR ADEJOKE FATUNDE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| PASTOR TOYIN LAWAL | BOARD CHAIRPERSON | 15.00 |
Officer
|
$0 | $0 | $0 |
| MIN CLEMENTINA SHOOLA | TREASURER | 8.00 |
Officer
|
$0 | $0 | $0 |
| MIN ESTHER SUNDAY | SECRETARY | 4.00 |
Officer
|
$0 | $0 | $0 |
| PASTOR AFOLABI COKER | BOARD VICE CHAIRPERSON | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2019 | $22,264 | $20,756 | No data | $1,508 |
| 2018 | $23,872 | $21,994 | $12,290 | $1,878 |
Compare TABERNACLE WORSHIP AND PRAYER MINISTRY INC with other nonprofits in California and across the country.