Our Lady Queen of Peace House of Prayer (EIN 611512004) - 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

2006

Legal Domicile

Principal Officer

James Morrissey

Phone

5127137599

Tax Period

2023-01-01 to 2023-12-31

Our Lady Queen of Peace House of Prayer, founded in 2006, is a small nonprofit in the Religion sector that reported $532K in total revenue in fiscal year 2023. Revenue fell 76% from the prior year — a significant decline worth monitoring. Net assets of $8.5M represent 193 months of operating reserves.

Mission

Our Lady Queen of Peace provides on-going intercessory prayer in the chapel and housing facilities.

🔒

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 $232,406

Program Service Revenue $0

Investment Income $141,930

Other Revenue $157,854

TOTAL REVENUE $532,190

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,355

Fundraising Expenses $0

Program Expenses $461,858

Other Expenses $485,107

TOTAL EXPENSES $532,462

Year-over-Year Comparison

	2023	2022	Change
Revenue	$532,190	$2,243,312	-0.8%
Expenses	$532,462	$638,978	-0.2%
Net Income	$-272	$1,604,334	-1.0%

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

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

$20,400

Total Directors

$46,746

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jim Morrissey	President	0.50	Officer Director	$0	$0	$0
JoAnn Harris	Director	40.00	Director	$26,346	$0	$26,346
Patricia Duszka	Director	12.00	Director	$0	$0	$0
Neil Eiynck	Director	4.00	Director	$0	$0	$0
Eileen Kennedy	Secretary	20.00	Officer Director	$20,400	$0	$20,400
Clara Rooney	Director	0.50	Director	$0	$0	$0
Marianne Fahey	Director	4.00	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
2024	No data	No data	No data	No data
2023	$532,190	$532,462	$8,547,488	$-272
2022	$2,243,312	$638,978	$8,555,652	$1,604,334
2021	$1,109,376	$547,224	$6,949,190	$562,152
2020	$1,262,856	$420,269	$6,397,881	$842,587
2019	$2,305,032	$398,564	$5,552,582	$1,906,468
2018	$656,083	$414,267	$3,646,176	$241,816

Our Lady Queen of Peace House of Prayer