GREATER FIRST MISSIONARY BAPTIST C… - Form 990 Financial Data

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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

1995

Legal Domicile

Principal Officer

RORY THOMPSON

Phone

8326868232

Tax Period

2020-01-01 to 2020-12-31

GREATER FIRST MISSIONARY BAPTIST CHURCH, founded in 1995, is a small nonprofit in the Religion sector that reported $247K in total revenue in fiscal year 2020. Revenue decreased 16% compared to the prior year.

Mission

We are committed to evangelize the unsaved, educate and equip the sanits for ministry in according to God's Holy word

Program Service Accomplishments

Program 1

Expenses: $262,423 Revenue: $246,675

The largest three programs for 2020, as measured by expenses are Evangelism Musician and Scholarships Awards. These services support the mission of the church to evangelze the unsaved. The progams...

The largest three programs for 2020, as measured by expenses are Evangelism Musician and Scholarships Awards. These services support the mission of the church to evangelze the unsaved. The progams work together to educate and equip the Saints to engage in ministry while spreading the word of Proclamation. Evangelism provide people to serve one another to received knowledge of awareness Jesus Christ. The Musician program delivery percise frequency to include repetition of the Proclamation. The Scholarship awards render feedback for the interpretation of the Proclamation of the church.

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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 $246,675

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $246,675

Expense Breakdown

Grants Paid $0

Salaries & Benefits $158,117

Fundraising Expenses $0

Program Expenses $262,423

Other Expenses $104,306

TOTAL EXPENSES $262,423

Year-over-Year Comparison

	2020	2019	Change
Revenue	$246,675	$292,097	-0.2%
Expenses	$262,423	N/A	N/A
Net Income	$-15,748	$292,097	-1.1%

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

N/A

Independent Members

N/A

Employees

N/A

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

$43,264

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RORY THOMPSON SR	PRESIDENT	40	Director	$43,264	$0	$43,264

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	$246,675	$262,423	$485,958	$-15,748
2019	$289,973	$231,442	$558,857	$58,531
2018	$285,153	$246,649	$500,326	$38,504
2017	$253,830	$206,811	$461,822	$47,019

GREATER FIRST MISSIONARY BAPTIST CHURCH