Trinity Worship Center of Burlington (EIN 562154273) - Form 990 Financial Analysis & Trantor Score

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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

1924

Legal Domicile

Principal Officer

Edwin Brown

Phone

3365850605

Tax Period

2022-01-01 to 2022-12-31

Trinity Worship Center of Burlington, founded in 1924, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2022. Expenses of $1.5M left a modest 6% surplus.

Mission

Worship the Lord God, His Son Jesus Christ with the Holly Spirit. Teach Bible and Lord's Words through sermon and study program. Evangelize all nations with mission works to foreigner and to local community with serve to them.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,635,811

Program Service Revenue $0

Investment Income $380

Other Revenue $0

TOTAL REVENUE $1,636,191

Expense Breakdown

Grants Paid $0

Salaries & Benefits $609,578

Fundraising Expenses $0

Program Expenses $1,201,283

Other Expenses $869,991

TOTAL EXPENSES $1,538,149

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,636,191	$1,581,543	+0.0%
Expenses	$1,538,149	$1,489,917	+0.0%
Net Income	$98,042	$91,626	+0.1%

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

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

$62,159

Total Directors

Key Employees

$409,468

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Edwin K Brown	Exec. Pastor	40.00	Officer Highest	$62,159	$0	$62,159
Darrell E Cox	Senior Pastor	40.00	Key Emp	$40,191	$46,200	$86,391
Roger D Barefoot	Associate Pastor	40.00	Key Emp	$46,531	$30,000	$76,531
Marilynn M Apple	Janitor	40.00	Key Emp	$26,883	$0	$26,883
Jared Brown	School Direcotr	40.00	Key Emp	$31,892	$0	$31,892
Linda Moore	Bookkeeper	24.00	Key Emp	$28,739	$0	$28,739
Taylor Moser	Adminstrator	30.00	Key Emp	$39,370	$0	$39,370
Mary E Wright	Children's Pastor	40.00	Key Emp	$50,833	$0	$50,833
Austin Wright	Music Director	40.00	Key Emp Highest	$26,094	$0	$26,094
Nicole Wyrick	Children's Pastor	40.00	Key Emp	$42,735	$0	$42,735

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
2022	$1,636,191	$1,538,149	$8,480,164	$98,042
2021	$1,581,543	$1,489,917	$8,568,318	$91,626

Trinity Worship Center of Burlington