MARANATHA POWER MINISTRIES INC

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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

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

ADVANCE CHRISTIAN RELIGION BY PROMOTING, TEACHING, SHARING, AND PREACHING THE CHRISTIAN RELIGION IN PUBLIC AND PRIVATE MEETINGS, GATHERINGS, SEMINARS, CRUSADES, REVIVALS, AND ALL OTHER FORMS OF LAWFUL RELIGIOUS SERVICES AND MEETINGS. THE MISSION STATEMENT IS "PREACH THE WORD OF GOD AND SAVE THE WORLD".

Program Service Accomplishments

Program 1

Expenses: $129,046

PASTORAL SUPPORT, RADIO AND TV MINISTRY, STREET EVANGELISM, ORPHANAGE, SCHOOLING AND TRANSPORTATION. IN ADDITION, RAISING CHURCHES AND PROVIDING LIVING ACCOMODATIONS FOR NEEDY AND HOMELESS LIVES.

Program 2

Expenses: $43,300

PROVIDE WATER WELLS.

Program 3

Expenses: $304,223

GHANA SCHOOL.

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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 (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

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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

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