WORLD MINISTRY CHURCH INTERNATIONAL

EIN: 753114359 501(c)(3) Religion

GAITHERSBURG, MD

Total Revenue
$215,349
Total Expenses
$105,338
Total Assets
$1,148,552
Net Assets
$479,198
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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
2003
Legal Domicile
MD
Principal Officer
DWUMA FRIMPONG
Tax Period
2023-01-01 to 2023-12-31

WORLD MINISTRY CHURCH INTERNATIONAL, founded in 2003, is a small nonprofit in the Religion sector that reported $215K in total revenue in fiscal year 2023. The organization ran a surplus of $110K, a strong 51% operating margin.

Mission

RELIGIOUSCHARITYEDUCATIONAL

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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 (2023)

Revenue Breakdown

Contributions & Grants $215,349
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $215,349

Expense Breakdown

Grants Paid $0
Salaries & Benefits $42,784
Fundraising Expenses $0
Program Expenses $105,338
Other Expenses $62,554
TOTAL EXPENSES $105,338

Year-over-Year Comparison

2023 2022 Change
Revenue $215,349 $222,686 0.0%
Expenses $105,338 $133,144 -0.2%
Net Income $110,011 $89,542 +0.2%
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

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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
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KWAME BOAKYE TREASURER 15.00
Officer
$0 $0 $0
GISELE NIAMBA DIRECTOR 15.00
Officer
$0 $0 $0
DWUMA FRIMPONG SENIOR PASTOR 45.00
Officer Highest
$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
2023 $215,349 $105,338 $1,148,552 $110,011
2022 $222,686 $133,144 $1,038,541 $89,542
2021 $152,114 $88,588 $859,457 $63,526
2020 $124,718 $103,321 $730,629 $21,397
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