Song Revival Fellowship & Ministries (EIN 576082379) - 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

1976

Legal Domicile

Principal Officer

Laverne Tripp

Phone

6152307577

Tax Period

2023-01-01 to 2023-12-31

Song Revival Fellowship & Ministries, founded in 1976, is a micro nonprofit that reported $61K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $242K exceeded revenue, resulting in a 298% operating deficit.

Mission

To conduct evangelistic services through every media possible in order to reach a lost world with the knowledge of the saving grace of our Lord Jesus Christ.

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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 $58,367

Program Service Revenue $0

Investment Income $2,456

Other Revenue $0

TOTAL REVENUE $60,823

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,500

Fundraising Expenses $0

Program Expenses $238,928

Other Expenses $236,689

TOTAL EXPENSES $242,189

Year-over-Year Comparison

	2023	2022	Change
Revenue	$60,823	$130,432	-0.5%
Expenses	$242,189	$104,424	+1.3%
Net Income	$-181,366	$26,008	-8.0%

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

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

$5,500

Total Directors

$5,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Laverne Tripp	President	60.00	Officer Director	$1	$5,499	$5,500
Robert L Tripp Jr	Director	1.00	Director	$0	$0	$0
Carl Morris	Vice President	1.00	Officer Director	$0	$0	$0
Terry Tripp	Director	10.00	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
2023	$60,823	$242,189	No data	$-181,366
2022	$130,432	$104,424	$182,161	$26,008
2021	$146,131	$206,499	$157,146	$-60,368
2020	$255,778	$215,149	$217,514	$40,629
2019	$168,184	$193,541	$176,070	$-25,357
2018	$147,050	$192,056	$201,427	$-45,006

Song Revival Fellowship & Ministries