ABLAZE HOUSE OF PRAYER INC (EIN 821827174) - 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

2017

Legal Domicile

Principal Officer

REV MICHAEL B VOITHOFER

Phone

4023013226

Tax Period

2023-01-01 to 2023-12-31

ABLAZE HOUSE OF PRAYER INC, founded in 2017, is a small nonprofit in the Religion sector that reported $429K in total revenue in fiscal year 2023. The organization ran a surplus of $219K, a strong 51% operating margin.

Mission

PROVIDE A FACILITY OF PRAYER AND SPIRITUAL FORMATION FOR ALL PEOPLE. THE FACILITY WILL BE USED TO HOST SPIRITUAL ENRICHMENT EVENTS FOR CHILDREN, TEENS, YOUNG ADULTS, AND ELDERS FOR CHURCH MISSION WORKS, WORSHIP, MUSIC MINISTRY, YOUTH MINISTRY AND PRISON 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $414,163

Program Service Revenue $0

Investment Income $1,398

Other Revenue $13,739

TOTAL REVENUE $429,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,313

Fundraising Expenses $0

Program Expenses $196,169

Other Expenses $197,546

TOTAL EXPENSES $209,859

Year-over-Year Comparison

	2023	2022	Change
Revenue	$429,300	$435,500	0.0%
Expenses	$209,859	$286,599	-0.3%
Net Income	$219,441	$148,901	+0.5%

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

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
REV MICHAEL B VOITHOFER	PRESIDENT	20.00	Director	$0	$0	$0
JOSEPH KOZAL	DIRECTOR	2.00	Director	$0	$0	$0
BERNADETTE COSTELLO	DIRECTOR	2.00	Director	$0	$0	$0
KELLY THRAEN	DIRECTOR	2.00	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	$429,300	$209,859	$1,371,014	$219,441
2022	$435,500	$286,599	$1,174,089	$148,901
2021	$588,571	$291,557	$1,743,143	$297,014
2020	$469,301	$301,190	$1,464,487	$168,111
2019	$245,117	$159,266	$1,346,034	$85,851
2018	$495,191	$101,477	$1,233,707	$393,714

ABLAZE HOUSE OF PRAYER INC