Petros Network (EIN 454131862) - Form 990 Financial Analysis & Trantor Score

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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

2011

Legal Domicile

Principal Officer

Ray Noah

Phone

8447738767

Tax Period

2024-01-01 to 2024-12-31

Petros Network, founded in 2011, is a community nonprofit in the Religion sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $2.7M exceeded revenue, resulting in a 29% operating deficit.

Mission

Petros Network equips indigenous leaders to share, show, and spread the Good News of Jesus among their own people and alleviate spiritual and physical poverty. Entire communities are transformed from places of hopelessness to places of hope.

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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 $1,503,065

Program Service Revenue $0

Investment Income $549,981

Other Revenue $0

TOTAL REVENUE $2,053,046

Expense Breakdown

Grants Paid $0

Salaries & Benefits $770,815

Fundraising Expenses $304,053

Program Expenses $2,086,083

Other Expenses $1,879,780

TOTAL EXPENSES $2,650,595

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,053,046	$1,177,594	+0.7%
Expenses	$2,650,595	$2,175,080	+0.2%
Net Income	$-597,549	$-997,486	-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

$250,130

Total Directors

$250,130

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ray Noah	President & CEO	40.00	Officer Director	$94,000	$80,000	$174,000
Linda Noah	Ex Dir & Secr	40.00	Officer Director	$76,130	$0	$76,130
Ron Stokes	Treasurer	0.00	Officer Director	$0	$0	$0
Stan Cooper	Director	0.00	Director	$0	$0	$0
Krista Johnson	Director	0.00	Director	$0	$0	$0
Doug MacLardy	Director	0.00	Director	$0	$0	$0
Ron Cochran	Director	0.00	Director	$0	$0	$0
Sam Thannickal	Director	0.00	Director	$0	$0	$0
Vik Rajagopal	Director	0.00	Director	$0	$0	$0
Doug Resler	Director	0.00	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	$2,053,046	$2,650,595	$5,223,865	$-597,549
2023	$1,177,594	$2,175,080	$5,934,631	$-997,486
2022	$1,189,409	$1,715,288	$6,571,140	$-525,879
2021	$2,376,782	$1,471,005	$6,818,621	$905,777
2020	$1,666,782	$612,589	$6,009,273	$1,054,193
2019	$1,509,468	$568,238	$4,954,254	$941,230
2018	$649,541	$546,792	$4,015,133	$102,749

Petros Network