Miracle Valley Praise and Worship Center Inc (EIN 651101829) - 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

2023

Legal Domicile

Principal Officer

Terrence D McCray

Phone

7862900707

Tax Period

2024-01-01 to 2024-12-31

Miracle Valley Praise and Worship Center Inc, founded in 2023, is a small nonprofit in the Religion sector that reported $126K in total revenue in fiscal year 2024. Revenue surged 229% from the prior year, signaling strong growth momentum. Expenses of $111K left a modest 12% surplus.

Mission

To Prepare our community for the coming of Jesus Christ and the establishment of the kingdom of God on earth. Our Ultimate goals are to be church focus is on ministry an has a passion for God and compassion for people.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $126,211

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $126,211

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,804

Fundraising Expenses $0

Program Expenses $110,557

Other Expenses $87,753

TOTAL EXPENSES $110,557

Year-over-Year Comparison

	2024	2023	Change
Revenue	$126,211	$38,376	+2.3%
Expenses	$110,557	$40,466	+1.7%
Net Income	$15,654	$-2,090	-8.5%

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

N/A

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

Total Directors

Key Employees

$18,903

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terrence D McCray	Pastor/Director	6.00	Key Emp	$18,903	$0	$18,903
Joseph G Clark	Vice-President	6.00	Officer	$0	$0	$0
Elizabeth Tibbs	Treasurer	6.00	Officer	$0	$0	$0
Stephanie McCray	Secretary	6.00	Officer	$0	$0	$0
Alisa Jones-Clark	Director	6.00	Officer	$0	$0	$0
William Virgo	Director	6.00	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
2024	$126,211	$110,557	$206,024	$15,654
2024	$126,211	$110,557	$1,897,328	$15,654
2023	$38,376	$40,466	$1,893,011	$-2,090
2023	$38,376	$40,466	$195,996	$-2,090

Miracle Valley Praise and Worship Center Inc