TAYLORSVILLE COMMUNITY CHURCH INC (EIN 611155158) - 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

1995

Legal Domicile

Principal Officer

LARRY C GOODLETT

Phone

5024772985

Tax Period

2023-01-01 to 2023-12-31

TAYLORSVILLE COMMUNITY CHURCH INC, founded in 1995, is a small nonprofit that reported $752K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $152K, a strong 20% operating margin.

Mission

FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING A PLACE FOR THE WORSHIP OF ALMIGHTY GOD, OUR HEAVENLY FATHER; TO PROVIDE CHRISTIAN FELLOWSHIP FOR THOSE OF LIKE PRECIOUS FAITH, WHERE THE HOLY CHRIST MAY BE HONORED ACCORDING TO OUR DISTINCTIVE TESTIMONIES; TO ASSUME OUR SHARE OF RESPONSIBILITY AND THE PRIVILEGE OF PROPAGATING THE GOSPEL OF JESUS CHRIST BY ALL AVALILABLE MEANS, BOTH AT HOME AND IN FOREIGN LANDS; TO RECOGNIZE OURSELVES AS A LOCAL ASSEMBLY IN FELLOWSHIP WITH AND A PART OF THE GENERAL COUNCIL OF THE ASSEMBLIES OF GOD; AND, TO ADOPT THE ARTICLES OF CHURCH

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $725,064

Program Service Revenue $0

Investment Income $204

Other Revenue $27,219

TOTAL REVENUE $752,487

Expense Breakdown

Grants Paid $0

Salaries & Benefits $185,683

Fundraising Expenses $0

Program Expenses $600,193

Other Expenses $414,510

TOTAL EXPENSES $600,193

Year-over-Year Comparison

	2023	2022	Change
Revenue	$752,487	$1,230,023	-0.4%
Expenses	$600,193	$618,915	0.0%
Net Income	$152,294	$611,108	-0.8%

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

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

$81,345

Total Directors

$81,345

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY C GOODLETT	PASTOR	40.00	Officer Director	$81,345	$0	$81,345
WHITNEY DRAPER	TREASURER	40.00		$32,692	$0	$32,692
COURTNEY GOODLETT	KIDS MINISTR	20.00		$24,952	$0	$24,952
ROBERT A KEY	WORSHIP DIRE	10.00		$9,011	$0	$9,011

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
2023	$752,487	$600,193	$3,318,466	$152,294
2022	$1,230,023	$618,915	$3,223,727	$611,108
2021	$1,245,913	$399,761	$2,445,886	$846,152
2020	$395,543	$287,592	$1,041,299	$107,951

TAYLORSVILLE COMMUNITY CHURCH INC