MARANATHA POWER MINISTRIES INC (EIN 481303468) - 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

2003

Legal Domicile

Principal Officer

ARNOLD REKATE

Phone

3607187367

Tax Period

2023-01-01 to 2023-12-31

MARANATHA POWER MINISTRIES INC, founded in 2003, is a small nonprofit in the Religion sector that reported $470K in total revenue in fiscal year 2023. Revenue surged 101% from the prior year, signaling strong growth momentum.

Mission

MISSION ORGANIZATION TO THE NATION OF GHANA.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $469,678

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $469,679

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $476,569

Other Expenses $16,382

TOTAL EXPENSES $476,569

Year-over-Year Comparison

	2023	2022	Change
Revenue	$469,679	$233,334	+1.0%
Expenses	$476,569	$244,564	+0.9%
Net Income	$-6,890	$-11,230	-0.4%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOLLE COPELAND	TRUSTEE	2.00	Director	$0	$0	$0
JAMES COPELAND	TRUSTEE	2.00	Director	$0	$0	$0
JENNY HOMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
FRANCIS AFOTEY ODAI	PRESIDENT	40.00	Officer Director	$0	$0	$0
ALAN PONCE	TRUSTEE	2.00	Director	$0	$0	$0
ARNOLD REKATE	TREASURER	2.00	Officer Director	$0	$0	$0
WALTER TAYLOR	TRUSTEE	2.00	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	No data	No data	No data	No data
2023	$469,679	$476,569	$3,356	$-6,890
2022	$233,334	$244,564	$5,246	$-11,230
2021	$395,078	$380,101	$20,476	$14,977
2020	$258,687	$250,442	$4,749	$8,245
2019	$427,234	$417,046	$4,828	$10,188
2018	$236,014	$249,461	$4,640	$-13,447

MARANATHA POWER MINISTRIES INC