United Faith Pentecostal Church

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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

1996

Legal Domicile

Principal Officer

Norman W Parker Sr

Phone

6125216965

Tax Period

2024-01-01 to 2024-12-31

United Faith Pentecostal Church, founded in 1996, is a small nonprofit in the Religion sector that reported $462K in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $126K, a strong 27% operating margin.

Mission

To serve the Twin Cities with biblical teaching and unconditional love

Program Service Accomplishments

Program 1

Expenses: $14,622

United Faith Pentecostal Church continue it service to the community of family. Our week groups deals with peer pressure of the youth, family outreach and summer bible group.

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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 (2024)

Revenue Breakdown

Contributions & Grants $462,192

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $462,192

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,845

Fundraising Expenses $0

Program Expenses $14,622

Other Expenses $279,277

TOTAL EXPENSES $336,122

Year-over-Year Comparison

	2024	2023	Change
Revenue	$462,192	$298,729	+0.5%
Expenses	$336,122	$263,957	+0.3%
Net Income	$126,070	$34,772	+2.6%

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

N/A

Employees

N/A

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

Total Directors

$16,475

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NORMAN W PARKER	Pastor	30.00	Director	$16,475	$0	$16,475
LYNN BRACKETT	Financial Secretary	0.00	Director	$0	$0	$0
ROBERT WILLIAMS	Board Member	10.00	Director	$0	$0	$0
JOYCE BULLOCK	Treasurer	5.00	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	$462,192	$336,122	$2,202,351	$126,070
2023	$298,729	$263,957	No data	$34,772
2022	$295,239	$254,343	$156,251	$40,896
2021	$285,687	$187,879	$135,365	$97,808