Memorial Baptist Church (EIN 541250901) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

Richard Gehrz

Phone

5406169389

Tax Period

2023-01-01 to 2023-12-31

Memorial Baptist Church, founded in 2023, is a small nonprofit in the Religion sector that reported $244K in total revenue in fiscal year 2023. Expenses of $281K exceeded revenue, resulting in a 15% operating deficit.

Mission

This organization is a Church which also provides a Preschool with Scholarships for tuition for Low income Families

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $185,103

Program Service Revenue $58,745

Investment Income $38

Other Revenue $0

TOTAL REVENUE $243,886

Expense Breakdown

Grants Paid $0

Salaries & Benefits $181,054

Fundraising Expenses $0

Program Expenses $280,057

Other Expenses $99,963

TOTAL EXPENSES $281,017

Year-over-Year Comparison

	2023	2022	Change
Revenue	$243,886	N/A	N/A
Expenses	$281,017	N/A	N/A
Net Income	$-37,131	N/A	N/A

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

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

$12,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Jones	Pastor	60.00	Highest	$70,000	$0	$70,000
Richard C Gehrz MD	Chairman	40.00	Director	$0	$0	$0
Shermie Smith	Vice Chair	3.00	Director	$0	$0	$0
John Farrell	Secretary Treas	3.00	Director	$0	$0	$0
Jim Levy	Member	3.00	Director	$0	$0	$0
Woodie Lookabill	Trustee	3.00	Director	$0	$0	$0
Wade Lephew	Member	3.00	Director	$0	$0	$0
Chris Eads	Trustee	60.00	Director	$12,550	$0	$12,550

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	$243,886	$281,017	$245,187	$-37,131

Memorial Baptist Church