HALLAL WORSHIP INC (EIN 460798182) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

KENNETH YOUNG

Phone

4326389932

Tax Period

2024-01-01 to 2024-12-31

HALLAL WORSHIP INC, founded in 2012, is a small nonprofit in the Religion sector that reported $235K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $54K, a strong 23% operating margin.

Mission

HALLAL WORSHIP IS DEDICATED TO EXPOSING AS MANY PEOPLE AS POSSIBLE TO THE WORD OF GOD THROUGH MUSIC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $217,404

Program Service Revenue $0

Investment Income $17,810

Other Revenue $0

TOTAL REVENUE $235,214

Expense Breakdown

Grants Paid $60,300

Salaries & Benefits $92,161

Fundraising Expenses $0

Program Expenses $177,974

Other Expenses $28,384

TOTAL EXPENSES $180,845

Year-over-Year Comparison

	2024	2023	Change
Revenue	$235,214	$196,092	+0.2%
Expenses	$180,845	$172,726	+0.0%
Net Income	$54,369	$23,366	+1.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$82,107

Total Directors

$82,107

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH YOUNG	EXECUTIVE DI	20.00	Officer Director	$0	$0	$0
MARCA YOUNG	EXECUTIVE DI	40.00	Officer Director	$82,107	$0	$82,107
BILLY BUSCH	DIRECTOR	1.00	Director	$0	$0	$0
SHELIA BUSCH	DIRECTOR	1.00	Director	$0	$0	$0
JERRY JAMES	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE JAMES	DIRECTOR	1.00	Director	$0	$0	$0
RICK LYTLE	DIRECTOR	1.00	Director	$0	$0	$0
JEANNE LYTLE	DIRECTOR	1.00	Director	$0	$0	$0
KYLE MCGRAW	DIRECTOR	1.00	Director	$0	$0	$0
DEANN MCGRAW	DIRECTOR	1.00	Director	$0	$0	$0
GARY SKIDMORE	DIRECTOR	1.00	Director	$0	$0	$0
MILLIE SKIDMORE	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2024	$235,214	$180,845	$618,650	$54,369
2023	$196,092	$172,726	$564,093	$23,366
2022	$203,375	$200,277	$531,834	$3,098
2021	$205,650	$181,807	$525,937	$23,843
2020	$203,272	$152,694	$501,568	$50,578
2018	$218,087	$193,942	$417,599	$24,145

HALLAL WORSHIP INC