WORD OF GOD PRAYER MINISTRY CENTER INC (EIN 571126575) - 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

2020

Legal Domicile

Principal Officer

MELVIN E WAGSTAF JR

Phone

8642463551

Tax Period

2020-01-01 to 2020-12-31

WORD OF GOD PRAYER MINISTRY CENTER INC, founded in 2020, is a micro nonprofit in the Religion sector that reported $80K in total revenue in fiscal year 2020. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $19K, a strong 24% operating margin.

Mission

THE PURPOSE OF THE MINISTRY IS TOPROVIDE AFFORDABBLE PRAYER MINISTRY TO THE CHILDREN OF GOD WHO ARE WOUNDED HURTING IN NEED OF PERSONAL HEALING , RESTORRATION OF FAMLIES

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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 (2020)

Revenue Breakdown

Contributions & Grants $37,243

Program Service Revenue $43,064

Investment Income $0

Other Revenue $0

TOTAL REVENUE $80,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,836

Fundraising Expenses $0

Program Expenses $16,255

Other Expenses $21,688

TOTAL EXPENSES $61,299

Year-over-Year Comparison

	2020	2019	Change
Revenue	$80,307	$97,539	-0.2%
Expenses	$61,299	$99,717	-0.4%
Net Income	$19,008	$-2,178	-9.7%

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

N/A

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

$25,568

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELVIN E WAGFTAFF JR	EXECAITIVE DIRECTOR	0.00	Officer	$23,673	$1,395	$25,068
LORGIN WAGSTAFF	CO. EXECITIVE DIRECTOR	20.00	Highest	$4,659	$0	$4,659
GRANT BUMGARNER	VICE PRESIDENT	3.00	Officer	$500	$0	$500
PAUL FRYAR	PRESIDENT	3.00	Officer	$0	$0	$0
HOLLY WELCH	SECTARY/TREASURER	3.00	Officer	$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	$80,307	$61,299	$115,861	$19,008

WORD OF GOD PRAYER MINISTRY CENTER INC