Revival Prayer Institute Inc (EIN 582559217) - 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

2000

Legal Domicile

Principal Officer

Steve Phillips

Phone

7708290122

Tax Period

2024-01-01 to 2024-12-31

Revival Prayer Institute Inc, founded in 2000, is a small nonprofit in the Religion sector that reported $473K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $655K exceeded revenue, resulting in a 39% operating deficit.

Mission

TO MENTOR, TRAIN AND EQUIP CHRISTIAN PASTORS AND LEADERS.

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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 $451,849

Program Service Revenue $15,088

Investment Income $2,919

Other Revenue $2,794

TOTAL REVENUE $472,650

Expense Breakdown

Grants Paid $0

Salaries & Benefits $373,117

Fundraising Expenses $37,880

Program Expenses $449,374

Other Expenses $282,307

TOTAL EXPENSES $655,424

Year-over-Year Comparison

	2024	2023	Change
Revenue	$472,650	$569,057	-0.2%
Expenses	$655,424	$653,583	+0.0%
Net Income	$-182,774	$-84,526	+1.2%

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

$173,583

Total Directors

$80,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Doris Kasold	Director	1.00	Director	$0	$0	$0
Fred A Hartley III	President & Board Chairman	20.00	Officer Director	$80,000	$0	$80,000
Pete Brokopp	Director	1.00	Director	$0	$0	$0
Ozzie Cruzado	Director	1.00	Director	$0	$0	$0
Reid Nygaard	Director	1.00	Director	$0	$0	$0
Todd Ackerman	Director	1.00	Director	$0	$0	$0
Terry Wigglesworth	Director	1.00	Director	$0	$0	$0
John Towriss	Director	1.00	Director	$0	$0	$0
Jamell Patterson	Director	1.00	Director	$0	$0	$0
Becca Holcomb	Director	1.00	Director	$0	$0	$0
Jonathan W Mitchell	Growth Director	40.00	Officer	$90,338	$3,245	$93,583

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	$472,650	$655,424	$258,525	$-182,774
2023	$569,057	$653,583	$439,799	$-84,526
2022	$760,530	$812,180	$541,660	$-51,650
2021	$698,830	$681,863	$585,904	$16,967
2020	$812,467	$538,970	$557,568	$273,497
2019	$715,177	$674,581	$287,973	$40,596
2018	$567,723	$601,945	$240,050	$-34,222

Revival Prayer Institute Inc