World Prayer Centre USA

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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

Phone

2023903605

Tax Period

2024-01-01 to 2024-12-31

World Prayer Centre USA, founded in 2017, is a small nonprofit in the Religion sector that reported $529K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $692K exceeded revenue, resulting in a 31% operating deficit.

Mission

To further and advance historic biblical Christianity throughout the world.

Program Service Accomplishments

Program 1

Expenses: $541,305 Revenue: $585,225

World Prayer Centre USA, under the visionary leadership of our Pastor and Spiritual Leader, continued to expand our online streaming gospel outreach and Faith Conferences. Our organizations vision...

World Prayer Centre USA, under the visionary leadership of our Pastor and Spiritual Leader, continued to expand our online streaming gospel outreach and Faith Conferences. Our organizations vision and mission has always been to strengthen the body of Christ and Christian believers in the country and globally. We aimed in 2024 to be instrumental in providing teachings on living an exemplary life based on The Word of God and building your faith in God which is essential to withstanding the adversities of life. We partnered with sister organizations to host Faith Conferences in 2024 in Toronto Canada, UK and Germany, which focused on support, encouragement, counseling, uniting donors, volunteers, and partners to pray, fast, and support to be better versions of themselves for their families and our nation. These gatherings aimed to inspire and strengthen peoples faith and hope in God as we spread the gospel of Jesus Christ.

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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 (2024)

Revenue Breakdown

Contributions & Grants $528,668

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $528,668

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $140,117

Program Expenses $541,305

Other Expenses $692,495

TOTAL EXPENSES $692,495

Year-over-Year Comparison

	2024	2023	Change
Revenue	$528,668	$1,142,500	-0.5%
Expenses	$692,495	$907,828	-0.2%
Net Income	$-163,827	$234,672	-1.7%

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

265

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
Isaac Abraham	Secretary	5.00	Officer Director	$0	$0	$0
EYIKUWA Jonfiah Ankrah	Vice PresidentTreasurer	6.00	Officer	$0	$0	$0
Nathaniel Dotse	President	7.00	Officer	$0	$0	$0
Afun B Acheampong	Deputy Secretary	5.00	Officer	$0	$0	$0
Kofi A Asante	Director	2.00	Officer	$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	$528,668	$692,495	$1,076,534	$-163,827
2023	$1,142,500	$907,828	$1,240,361	$234,672
2022	$1,121,516	$698,496	$1,005,689	$423,020
2021	$714,242	$412,257	$582,669	$301,985
2020	$430,897	$210,687	$280,684	$220,210