CELEBRATION TV AMERICA INC

EIN: 384179472 501(c)(3) Arts, Culture & Humanities

HOUSTON, TX

Total Revenue
$1,064,470
Total Expenses
$1,082,933
Total Assets
$58,833
Net Assets
$-162,571
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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
2018
Legal Domicile
TX
Principal Officer
RICHMOND AGHAHOWA
Phone
6096943229
Tax Period
2023-01-01 to 2023-12-31

CELEBRATION TV AMERICA INC, founded in 2018, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year.

Mission

Celebration TV was born with a mission to reveal Jesus and retores destinies through the power of the media reaching all for Christ

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,064,470
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,064,470

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,082,933
TOTAL EXPENSES $1,082,933

Year-over-Year Comparison

2023 2022 Change
Revenue $1,064,470 $1,309,404 -0.2%
Expenses $1,082,933 $1,662,010 -0.3%
Net Income $-18,463 $-352,606 -0.9%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
6

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL CHRIS SALAAM DIRECTOR 10
Director
$0 $0 $0
APOSTLE JOHNSON SULEMAN PRESIDENT 20
Director
$0 $0 $0
RICHMOND AGHAHOWA DIRECTOR 20
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 No data No data No data No data
2023 $1,064,470 $1,082,933 $58,833 $-18,463
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