PRAYERS OF THE PEOPLE (EIN 813195902) - 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

2016

Legal Domicile

Principal Officer

ANNEMARIE WALLACE

Phone

2818143362

Tax Period

2023-01-01 to 2023-12-31

PRAYERS OF THE PEOPLE, founded in 2016, is a small nonprofit in the Religion sector that reported $374K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum.

Mission

LIFTING THE BURDEN THROUGH SPIRITUAL CARE

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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 $373,106

Program Service Revenue $0

Investment Income $597

Other Revenue $0

TOTAL REVENUE $373,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $298,631

Fundraising Expenses $48,068

Program Expenses $273,782

Other Expenses $70,752

TOTAL EXPENSES $369,383

Year-over-Year Comparison

	2023	2022	Change
Revenue	$373,703	$259,770	+0.4%
Expenses	$369,383	$336,948	+0.1%
Net Income	$4,320	$-77,178	-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

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

$75,120

Total Directors

$75,120

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM HEAD	CHAIR	2.00	Officer Director	$0	$0	$0
ANNEMARIE WALLACE	PRESIDENT	50.00	Officer Director	$75,120	$0	$75,120
COLLEEN JERNIGAN	SECRETARY	2.00	Officer Director	$0	$0	$0
RACHEL RAMIREZ	DIRECTOR	1.00	Director	$0	$0	$0
OMANA ABRAHAM	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL DOUGLASS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER MOORE	DIRECTOR	1.00	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	$373,703	$369,383	$168,670	$4,320
2022	$259,770	$336,948	$155,153	$-77,178
2021	$436,004	$238,308	$238,910	$197,696
2020	$264,426	$264,739	$88,842	$-313
2019	$242,351	$268,120	$37,709	$-25,769
2018	$275,581	$247,025	$45,907	$28,556

PRAYERS OF THE PEOPLE