Taft, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROJECT LATTER RAIN MINISTRIES CORP, founded in 2019, is a small nonprofit in the Religion sector that reported $408K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $119K, a strong 29% operating margin.
Project Latter Rain Ministries Corporation serves the world community through gospel ministry via social media television ministry Christian education pastoral ministry health ministry personal development leadership development and life coaching
As a result of our ministry we have witnessed the following outcomes. Baptisms into the Christian faith Television ministry on the NOW network that aired in many countries worldwide International...
As a result of our ministry we have witnessed the following outcomes. Baptisms into the Christian faith Television ministry on the NOW network that aired in many countries worldwide International social media ministry teaching and reaching hundreds of thousands through weekly social media broadcasting. Conducted 2 online educational training schools or Christian missionaries for health and evangelism. Traveled to various places in the United States and Africa holding revivals and speaking engagements. Life Coaching for spiritual development and pre-marital counseling. Growth of the church that I pastor as a result of social media ministry. Project Latter Rain plans to expand upon the outcomes through world mission. Already our followership on social media is growing whereby more can be reached with the gospel of Jesus Christ.
Health Seminars
Book Disturbtion
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $407,548 | $597,146 | -0.3% |
| Expenses | $289,008 | $597,146 | -0.5% |
| Net Income | $118,540 | $0 | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Desiree Olatunji | Treasurer | 25 |
Officer
|
$0 | $0 | $0 |
| Isaac Olatunji | President | 35.00 |
Officer
|
$0 | $0 | $0 |
| Michael Johnson | Board Member | 15 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $407,548 | $289,008 | $456,192 | $118,540 |
| 2023 | $597,146 | $597,146 | $337,652 | No data |
| 2022 | $374,996 | $105,425 | $337,652 | $269,571 |
| 2021 | $204,882 | $187,269 | $68,081 | $17,613 |
Compare PROJECT LATTER RAIN MINISTRIES CORP with other nonprofits in Tennessee and across the country.