PRAISE CENTER MINISTRIES INC (EIN 731195395) - 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

1994

Legal Domicile

Principal Officer

ANTHONY R LYNN

Tax Period

2020-01-01 to 2020-12-31

PRAISE CENTER MINISTRIES INC, founded in 1994, is a small nonprofit in the Religion sector that reported $592K in total revenue in fiscal year 2020. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $519K left a modest 12% surplus.

Mission

PREACH GOSPEL OF JESUS CHRIST

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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 (2020)

Revenue Breakdown

Contributions & Grants $590,923

Program Service Revenue $0

Investment Income $9

Other Revenue $1,535

TOTAL REVENUE $592,467

Expense Breakdown

Grants Paid $5,252

Salaries & Benefits $284,905

Fundraising Expenses $0

Program Expenses $448,504

Other Expenses $228,756

TOTAL EXPENSES $518,913

Year-over-Year Comparison

	2020	2019	Change
Revenue	$592,467	$503,023	+0.2%
Expenses	$518,913	$497,461	+0.0%
Net Income	$73,554	$5,562	+12.2%

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

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

$148,971

Total Directors

$156,821

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY R LYNN	PRESIDENT	40.00	Officer Director	$79,240	$27,829	$107,069
LINDA PEREFF	SECRETARYTREASURER	40.00	Officer Director	$24,286	$0	$24,286
JOAN LYNN	BOARD MEMBER	40.00	Officer Director	$17,616	$0	$17,616
VICKIE LYNN	VICE PRESIDENT	40.00	Director	$7,850	$0	$7,850
KEN HARRIS	BOARD MEMBER	2.00	Director	$0	$0	$0
LUIS TORRES	BOARD MEMBER	0.00	Director	$0	$0	$0
LARRY LYNN	BOARD MEMBER	2.00	Director	$0	$0	$0
LEON LYNN	BOARD MEMBER	40.00	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
2020	$592,467	$518,913	$959,394	$73,554
2019	$503,023	$497,461	$929,168	$5,562
2018	$507,424	$536,115	$959,963	$-28,691

PRAISE CENTER MINISTRIES INC