SOLOMONS PORCH WORSHIP CENTER (EIN 800184356) - 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

2008

Legal Domicile

Principal Officer

JOYCE ADEYINKA

Phone

4109639701

Tax Period

2025-01-01 to 2025-12-31

SOLOMONS PORCH WORSHIP CENTER, founded in 2008, is a small nonprofit in the Religion sector that reported $264K in total revenue in fiscal year 2025. Revenue decreased 5% compared to the prior year. Expenses of $243K left a modest 8% surplus.

Mission

Place of Worship, Biblical ministration, Restoring lives and Transforming Communities

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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 (2025)

Revenue Breakdown

Contributions & Grants $225,088

Program Service Revenue $31,100

Investment Income $0

Other Revenue $8,130

TOTAL REVENUE $264,318

Expense Breakdown

Grants Paid $21,227

Salaries & Benefits $88,818

Fundraising Expenses $0

Program Expenses $8,850

Other Expenses $132,553

TOTAL EXPENSES $242,598

Year-over-Year Comparison

	2025	2024	Change
Revenue	$264,318	$279,468	-0.1%
Expenses	$242,598	$254,165	0.0%
Net Income	$21,720	$25,303	-0.1%

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

Independent Members

Employees

N/A

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

Total Directors

$7,947

Key Employees

$95,954

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADEKEMI ADEYINKA	EMPLOYEE-INTERNAL AUDITOR AND ACC	32	Key Emp	$43,475	$0	$43,475
JOYCE ADEYINKA	PASTOR	35	Key Emp	$30,132	$0	$30,132
JONATHAN FIELDINGS	GENERAL MAINTENANCE	25	Key Emp	$22,347	$0	$22,347
D ABIDEMI	BOARD MEMBER	2	Director	$7,947	$0	$7,947

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
2025	$264,318	$242,598	$572,358	$21,720
2024	No data	No data	No data	No data
2023	$259,584	$258,992	$576,732	$592
2022	$240,817	$204,386	$590,453	$36,431
2021	$287,931	$268,038	$557,848	$19,893
2020	$224,740	$204,096	$568,292	$20,644
2019	$247,460	$206,429	$108,832	$41,031
2018	$221,402	$214,225	$12,900	$7,177
2017	$233,554	$243,165	$5,721	$-9,611

SOLOMONS PORCH WORSHIP CENTER