KINGDOM PROJECT 7 BILLION

EIN: 471529392 501(c)(3) Religion

ABILENE, TX

Total Revenue
$201,743
Total Expenses
$234,562
Total Assets
$221,928
Net Assets
$218,944
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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
2014
Legal Domicile
TX
Principal Officer
LATIMER BOWEN
Phone
3256736736
Tax Period
2020-01-01 to 2020-12-31

KINGDOM PROJECT 7 BILLION, founded in 2014, is a small nonprofit in the Religion sector that reported $202K in total revenue in fiscal year 2020. Revenue decreased 13% compared to the prior year. Expenses of $235K exceeded revenue, resulting in a 16% operating deficit.

Mission

RELIGIOUS OUTREACH THROUGH PROPHETIC ART

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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 (2020)

Revenue Breakdown

Contributions & Grants $194,747
Program Service Revenue $0
Investment Income $0
Other Revenue $6,996
TOTAL REVENUE $201,743

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,607
Fundraising Expenses $0
Other Expenses $126,955
TOTAL EXPENSES $234,562

Year-over-Year Comparison

2020 2019 Change
Revenue $201,743 $231,799 -0.1%
Expenses $234,562 $248,365 -0.1%
Net Income $-32,819 $-16,566 +1.0%
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
8
Independent Members
8
Employees
4
Volunteers
N/A

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
4
$46,731
Total Directors
8
$46,731
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANE BOWEN DIRECTOR 40.00
Officer Director
$46,731 $0 $46,731
AMY BLACK DIRECTOR 0.00
Director
$0 $0 $0
ASHLEY BOWEN DIRECTOR 0.00
Director
$0 $0 $0
WATSON BOWEN DIRECTOR 0.00
Director
$0 $0 $0
BRYCE FOOTER DIRECTOR 0.00
Director
$0 $0 $0
DAVID BLACK VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
LATIMER BOWEN PRESIDENT 0.00
Officer Director
$0 $0 $0
HOBBY STEVENS TREASURER 0.00
Officer 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
2020 $201,743 $234,562 $221,928 $-32,819
2019 $231,799 $248,365 $254,491 $-16,566
2018 $286,554 $301,825 $272,398 $-15,271
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