THE PRAYER INSTITUTE (EIN 760500530) - 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

1995

Legal Domicile

Principal Officer

NICKCOLE JACKSON

Phone

7137238187

Tax Period

2023-01-01 to 2023-12-31

THE PRAYER INSTITUTE, founded in 1995, is a small nonprofit in the Religion sector that reported $985K in total revenue in fiscal year 2023. Revenue surged 334% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PRAY EFFECTIVE, EFFICACIOUS PRAYERS THAT WILL PRODUCE GOD'S PLANS ON EARTH AND TO BUILD AN ARMY OF PRAYING BELIEVERS WHO WILL: POSITION THEMSELVES AS WATCHMEN FOR OUR WORLD; ESTABLISH THE KINGDOM OF GOD ON EARTH AS HE HAS PURPOSED IT IN HEAVEN: AND DESTROY THE STRATEGIES AND ASSIGNMENTS OF THE DEVIL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $203,424

Program Service Revenue $7,272

Investment Income $723,974

Other Revenue $49,841

TOTAL REVENUE $984,511

Expense Breakdown

Grants Paid $0

Salaries & Benefits $167,705

Fundraising Expenses $0

Program Expenses $1,047,110

Other Expenses $1,005,153

TOTAL EXPENSES $1,181,523

Year-over-Year Comparison

	2023	2022	Change
Revenue	$984,511	$226,912	+3.3%
Expenses	$1,181,523	$352,130	+2.4%
Net Income	$-197,012	$-125,218	+0.6%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUZETTE CALDWELL	CHAIRPERSON	5.00	Director	$0	$0	$0
JANE COSTELLO	TREASURER	5.00	Director	$0	$0	$0
JOSEPH HIGH	DIRECTOR	5.00	Director	$0	$0	$0
NICKCOLE JACKSON	EXECUTIVE DI	40.00	Officer Director	$0	$0	$0
JACQUETTA SMITH	DIRECTOR	5.00	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
2024	No data	No data	No data	No data
2023	$984,511	$1,181,523	$934,604	$-197,012
2022	$226,912	$352,130	$1,012,463	$-125,218
2021	$343,485	$349,513	$1,132,933	$-6,028
2020	$354,709	$439,404	$1,195,186	$-84,695
2019	$392,640	$498,787	$1,263,878	$-106,147
2018	$451,024	$204,304	$1,407,243	$246,720

THE PRAYER INSTITUTE