INTERNATIONAL HOUSE OF PRAYER

EIN: 521721130 501(c)(3)

WASHINGTON, DC

Total Revenue
$102,129
Total Expenses
$72,716
Total Assets
$4,485,499
Net Assets
$3,811,207
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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
2000
Phone
2022693702
Tax Period
2020-01-01 to 2020-12-31

INTERNATIONAL HOUSE OF PRAYER, founded in 2000, is a small nonprofit that reported $102K in total revenue in fiscal year 2020. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $29K, a strong 29% operating margin.

Mission

RELIGIOUS ORGANIZATION

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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 $64,903
Program Service Revenue $0
Investment Income $0
Other Revenue $37,226
TOTAL REVENUE $102,129

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $72,716
TOTAL EXPENSES $72,716

Year-over-Year Comparison

2020 2019 Change
Revenue $102,129 $81,581 +0.3%
Expenses $72,716 $67,272 +0.1%
Net Income $29,413 $14,309 +1.1%
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
10
Independent Members
N/A
Employees
N/A
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
7
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV FREDRICK OGUNFIDITIM PRESIDENT/FOUNDER N/A
Director
$0 $0 $0
MONRETI M AKINLEYE CHAIRPERSON 020.00
Officer Director
$0 $0 $0
ABIODUN OLADOKUN TREASURER 020.00
Officer Director
$0 $0 $0
OLUDE AKINLEYE FIN SECRETARY 020.00
Officer Director
$0 $0 $0
RUFUS OKUNUBI PASTOR IN CHARGE 020.00
Officer Director
$0 $0 $0
JOSIAH AKINTOYE PRELATE 020.00
Officer Director
$0 $0 $0
OLUSHOLA AKINLEYE BUILDING CHAIRMAN 020.00
Officer Director
$0 $0 $0
ISHOLA MOSUN LADE PRELATE 020.00
Officer Director
$0 $0 $0
ADE ALUKO MEMBER 020.00
Director
$0 $0 $0
JOEL ADEYEMI MEMBER 020.00
Director
$0 $0 $0
ABIGAIL ADEYEMI MEMBER 020.00
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
2020 $102,129 $72,716 $4,485,499 $29,413
2019 $81,581 $67,272 $4,466,245 $14,309
2018 $67,115 $65,521 $4,454,704 $1,594
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