APOSTOLIC CHURCH INTL INC (DELAWARE Central)

EIN: 462141941 501(c)(3)

NEWARK, DE

Total Revenue
$690,272
Total Expenses
$592,555
Total Assets
$1,647,954
Net Assets
$1,237,737
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
DE
Principal Officer
DR CHARLES KONADU-ADJEI
Phone
3024569293
Tax Period
2024-01-01 to 2024-12-31

APOSTOLIC CHURCH INTL INC (DELAWARE Central), founded in 1993, is a small nonprofit that reported $690K in total revenue in fiscal year 2024. Expenses of $593K left a modest 14% surplus.

Mission

The Apostolic Church is organized exclusively for religious and Charitable purposes. The Church mission is to guide or nature the spiritual development of its members through biblical teachings, counseling, preaching the Gospel of our Lord Jesus 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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $690,272
Investment Income $0
Other Revenue $0
TOTAL REVENUE $690,272

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,420
Fundraising Expenses $0
Program Expenses $447,504
Other Expenses $548,135
TOTAL EXPENSES $592,555

Year-over-Year Comparison

2024 2023 Change
Revenue $690,272 N/A N/A
Expenses $592,555 $462,135 +0.3%
Net Income $97,717 $-462,135 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
N/A
Employees
1
Volunteers
30

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
13
$41,039
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edmund Akplehey Senior Pastor 80.00
Director
$41,039 $0 $41,039
Michael Nkumsah Presiding Elder 10.00
Director
$0 $0 $0
Dr Charles Konadu-Adjei Secretary 10.00
Director
$0 $0 $0
Kaakyire Kwadwo-Amo Elder 10.00
Director
$0 $0 $0
Charles Ofori Mens Movement Elder 10.00
Director
$0 $0 $0
George Quaye Finance Committe Member 10.00
Director
$0 $0 $0
Samuel Aboagye Deacon 10.00
Director
$0 $0 $0
Alex Adu Deacon 10.00
Director
$0 $0 $0
Charles Tibuah Deacon 10.00
Director
$0 $0 $0
Doris Akowuah Deaconess 10.00
Director
$0 $0 $0
Beatrice Nkumsah Deaconess 10.00
Director
$0 $0 $0
Agnes Quaye Deaconess 10.00
Director
$0 $0 $0
Augustina Dapaah Deaconess 10.00
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 $690,272 $592,555 $1,647,954 $97,717
2023 No data $462,135 $1,617,809 No data
2022 $547,260 $533,331 $1,578,122 $13,929
2021 $477,592 $454,756 $2,079,292 $22,836
2020 $388,082 $336,222 $1,479,586 $51,860
2019 $456,648 $458,193 $1,475,977 $-1,545
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