PRIME TIME CHRISTIAN BROADCASTING INC (EIN 850305209) - 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

Principal Officer

COREY ADAMS

Tax Period

2023-01-01 to 2023-12-31

PRIME TIME CHRISTIAN BROADCASTING INC is a small nonprofit in the Religion sector that reported $507K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $632K exceeded revenue, resulting in a 25% operating deficit.

Mission

PROMOTION AND EDUCATION OF RELIGIOUS LEARNING

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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 $422,522

Program Service Revenue $75,076

Investment Income $0

Other Revenue $8,994

TOTAL REVENUE $506,592

Expense Breakdown

Grants Paid $0

Salaries & Benefits $166,824

Fundraising Expenses $0

Program Expenses $439,406

Other Expenses $465,414

TOTAL EXPENSES $632,238

Year-over-Year Comparison

	2023	2022	Change
Revenue	$506,592	$533,711	-0.1%
Expenses	$632,238	$488,098	+0.3%
Net Income	$-125,646	$45,613	-3.8%

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

$72,800

Total Directors

$72,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COREY ADAMS	Vice President	40.00	Officer Director	$72,800	$0	$72,800
ROBERT NESSELRODT III	President	2.00	Officer Director	$0	$0	$0
JOHN NESSELRODT	Secretary	2.00	Officer Director	$0	$0	$0
GENARO MARTINEZ	MEMBER	2.00	Director	$0	$0	$0
BECKY JAHNEL	MEMBER	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	$533,711	$488,045	$1,738,972	$45,666
2023	$506,592	$632,238	$1,549,090	$-125,646

PRIME TIME CHRISTIAN BROADCASTING INC