HOUSE OF PRAYER AND LIFE INCORPORATED

EIN: 746239739 501(c)(3)

Houston, TX

Total Revenue
$7,989,653
Total Expenses
$7,897,574
Total Assets
$2,486,433
Net Assets
$92,079
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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
1968
Legal Domicile
TX
Principal Officer
Madelyn A Jordan
Phone
7134922911
Tax Period
2021-01-01 to 2021-12-31

HOUSE OF PRAYER AND LIFE INCORPORATED, founded in 1968, is a community nonprofit that reported $8.0M in total revenue in fiscal year 2021.

Mission

The House of Prayer and Life is a place of worship and service, where lives are changed through the Word of God. Spiritual, mental, and physical health is our priority for all we can serve.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $7,989,636
Program Service Revenue $0
Investment Income $17
Other Revenue $0
TOTAL REVENUE $7,989,653

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,472
Fundraising Expenses $0
Program Expenses $7,876,292
Other Expenses $7,889,102
TOTAL EXPENSES $7,897,574

Year-over-Year Comparison

2021 2020 Change
Revenue $7,989,653 N/A N/A
Expenses $7,897,574 N/A N/A
Net Income $92,079 N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
1
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
3
$0
Total Directors
3
$0
Key Employees
1
$7,395
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Yoshkia Berroud Pastor 030.00
Key Emp Highest
$7,395 $0 $7,395
Madeline Ashton Jordan Chairman 005.00
Officer Director
$0 $0 $0
Tri Nguyen Treasurer 005.00
Officer Director
$0 $0 $0
Hallie Canfield Secretary 005.00
Officer 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
2021 $7,989,653 $7,897,574 $2,486,433 $92,079
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