CHRIST APOSTOLIC CHURCH TAMPA BAY INC (EIN 593590992) - 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

1999

Legal Domicile

Principal Officer

GABRIEL A ABODERIN

Phone

4073001107

Tax Period

2021-01-01 to 2021-12-31

CHRIST APOSTOLIC CHURCH TAMPA BAY INC, founded in 1999, is a small nonprofit in the Religion sector that reported $490K in total revenue in fiscal year 2021. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $191K, a strong 39% operating margin.

Mission

CHRIST APOSTOLIC CHURCH IS A RELIGIOUS ORGANIZATION. THE CHURCH IS DEDICATED TO SPREADING THE GOSPEL BY ESTABLISHING, DEVELOPING AND PROMOTING ALL ASPECTS OF CHURCH MINISTRIES THROUGHOUT THE TAMPA BAY AREA.

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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 (2021)

Revenue Breakdown

Contributions & Grants $490,470

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $490,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,307

Fundraising Expenses $0

Program Expenses $124,997

Other Expenses $166,710

TOTAL EXPENSES $299,017

Year-over-Year Comparison

	2021	2020	Change
Revenue	$490,470	$434,264	+0.1%
Expenses	$299,017	$383,405	-0.2%
Net Income	$191,453	$50,859	+2.8%

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

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

Total Directors

$45,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GABRIEL A ABODERIN	DIRECTOR	40.00	Director	$45,000	$0	$45,000
OLUBODE D OLATUNJI	PRESIDENT	50.00	Officer	$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
2021	$490,470	$299,017	$1,041,712	$191,453
2020	$434,264	$383,405	$1,603,087	$50,859
2019	$343,084	$295,214	$1,213,888	$47,870
2018	$340,631	$269,305	$1,196,003	$71,326

CHRIST APOSTOLIC CHURCH TAMPA BAY INC