PRAISE CHAPEL CHURCH (EIN 593495663) - 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

2003

Legal Domicile

Principal Officer

LOUIS PRATILE

Phone

9049433786

Tax Period

2018-01-01 to 2018-12-31

PRAISE CHAPEL CHURCH, founded in 2003, is a small nonprofit in the Religion sector that reported $116K in total revenue in fiscal year 2018. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

PREPARING THE BODY OF CHRIST TO HAVE A PASSION FOR JESUS, COMPASSION FOR OTHERS AND A HEART TO SERVE PREACHING ANF TEACHING THE WORD OF GOD. SOULS SAVED, LIVES CHANGED.

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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 (2018)

Revenue Breakdown

Contributions & Grants $116,236

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $116,236

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,100

Fundraising Expenses $0

Program Expenses $111,963

Other Expenses $74,785

TOTAL EXPENSES $124,259

Year-over-Year Comparison

	2018	2017	Change
Revenue	$116,236	$155,368	-0.3%
Expenses	$124,259	$151,985	-0.2%
Net Income	$-8,023	$3,383	-3.4%

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

$62,400

Total Directors

$62,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GAIL PRATILE	SECRETARY	25.00	Officer Director	$14,300	$0	$14,300
PASTOR LOUIS PRATILE	PASTOR	40.00	Officer Director	$48,100	$0	$48,100
MATTHEW LAW	ASSISTANT PASTOR	20.00	Director	$0	$0	$0
SARAH LAW	MUSIC DIRECTOR	15.00	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
2018	$116,236	$124,259	$59,599	$-8,023

PRAISE CHAPEL CHURCH