INTERNATIONAL PRAYER MINISTRIES INC (EIN 581688880) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

GLENN SHEPPARD

Phone

8165225147

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL PRAYER MINISTRIES INC, founded in 1991, is a small nonprofit in the Religion sector that reported $197K in total revenue in fiscal year 2024. Expenses of $182K left a modest 7% surplus.

Mission

TRAINING AND EQUIPPING FOR EVANGELISM IN THE CHRISTIAN FAITH.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $196,881

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $196,881

Expense Breakdown

Grants Paid $15,100

Salaries & Benefits $92,001

Fundraising Expenses $13,787

Program Expenses $143,868

Other Expenses $75,087

TOTAL EXPENSES $182,188

Year-over-Year Comparison

	2024	2023	Change
Revenue	$196,881	$190,708	+0.0%
Expenses	$182,188	$199,801	-0.1%
Net Income	$14,693	$-9,093	-2.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$73,870

Total Directors

$73,870

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLENN SHEPPARD	PRESIDENT	50.00	Officer Director	$73,870	$0	$73,870
SCOTT BARNETT	TREASURER	20.00	Officer Director	$0	$0	$0
SHERE LUND	SECRETARY	5.00	Officer 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
2024	$196,881	$182,188	$26,675	$14,693
2023	$190,708	$199,801	$9,271	$-9,093
2022	$204,666	$218,665	$18,364	$-13,999
2021	$253,494	$250,368	$32,362	$3,126
2018	$224,830	$187,595	$38,084	$37,235

INTERNATIONAL PRAYER MINISTRIES INC