CHRIST PLACE MINISTRIES

EIN: 811360190 501(c)(3) Religion

JAMAICA, NY

Total Revenue
$146,803
Total Expenses
$105,554
Total Assets
$102,354
Net Assets
$102,354
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NY
Principal Officer
BUKOLA LOWE
Phone
9084471479
Tax Period
2022-01-01 to 2022-12-31

CHRIST PLACE MINISTRIES, founded in 2020, is a small nonprofit in the Religion sector that reported $147K in total revenue in fiscal year 2022. The organization ran a surplus of $41K, a strong 28% operating margin.

Mission

CHRIST PLACE MINISTRIES IS A BIBLE BELIEVING MINISTRY WITH A VISION TO WIN SOULS TO CHRIST, NUTURE THEM IN THE TENETS OF FAITH, TEACH THEM TO BE FRUITFUL, DISCIPLE THEM THEM TO BE MATURE AND EQUIP THEM FOR MINISTRY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $146,803
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $146,803

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,000
Fundraising Expenses $0
Program Expenses $105,554
Other Expenses $81,554
TOTAL EXPENSES $105,554

Year-over-Year Comparison

2022 2021 Change
Revenue $146,803 $153,959 0.0%
Expenses $105,554 $116,998 -0.1%
Net Income $41,249 $36,961 +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

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Governance

Voting Members
3
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK UDOH PRESIDENT 020.00
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
2022 $146,803 $105,554 $102,354 $41,249
2021 $153,959 $116,998 $61,105 $36,961
2020 $138,802 $114,658 $24,144 $24,144
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