WORD OF LIFE ASSOCIATION INC (EIN 581402922) - 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

1980

Legal Domicile

Phone

7709937856

Tax Period

2024-07-01 to 2025-06-30

WORD OF LIFE ASSOCIATION INC, founded in 1980, is a micro nonprofit that reported $58K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $66K exceeded revenue, resulting in a 14% operating deficit.

Mission

BIBLE TEACHING,MINISTRY,COUNSELING AND OVERSEAS MISSION OUTREACH

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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 (2024)

Revenue Breakdown

Contributions & Grants $58,115

Program Service Revenue $0

Investment Income $21

Other Revenue $0

TOTAL REVENUE $58,136

Expense Breakdown

Grants Paid $6,590

Salaries & Benefits $57,800

Fundraising Expenses $0

Program Expenses $58,610

Other Expenses $1,899

TOTAL EXPENSES $66,289

Year-over-Year Comparison

	2024	2023	Change
Revenue	$58,136	$69,060	-0.2%
Expenses	$66,289	$91,531	-0.3%
Net Income	$-8,153	$-22,471	-0.6%

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

N/A

Employees

N/A

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

$57,800

Total Directors

$57,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNA H CLARK	CEO & CFO	40.00	Officer Director	$57,800	$0	$57,800
CANDACE BRASFIELD	Secretary	1.00	Director	$0	$0	$0
ROBERT E BRASFIELD	Director	1.00	Director	$0	$0	$0
JAY CLARK	V-PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD SCHUMAKER	Director	1.00	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
2025	$58,136	$66,289	$9,780	$-8,153
2024	$69,060	$91,531	$17,933	$-22,471
2023	$82,766	$114,774	$40,404	$-32,008
2022	$127,429	$121,343	$72,412	$6,086
2021	$116,951	$117,464	$66,326	$-513
2020	$89,137	$72,635	$66,839	$16,502
2019	$74,602	$82,505	$50,338	$-7,903
2018	$110,547	$96,773	$58,241	$13,774

WORD OF LIFE ASSOCIATION INC