THE LORDS WORK INC (EIN 853751547) - 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

2020

Legal Domicile

Principal Officer

TOM WRIGHT

Phone

2542162020

Tax Period

2024-01-01 to 2024-12-31

THE LORDS WORK INC, founded in 2020, is a small nonprofit in the Religion sector that reported $369K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $114K, a strong 31% operating margin.

Mission

THE PURPOSE OF THE LORD'S WORK IS TO BE A FAITH-BASED ORGANIZATION SERVING LOCAL AND INTERNATIONAL COMMUNITIES BY ENGAGING IN A BROAD RANGE OF STRATEGIES THAT PROMOTE DEVELOPMENT, LICENSE AND ORDAIN MINISTERS OF THE GOSPEL, PROVIDE RELIGIOUS, CHARITABLE, AND HUMANITARIAN SERVICES, SUPPORT MISSIONS AND TO ALSO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE, OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE.

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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 $409,889

Program Service Revenue $10,913

Investment Income $12,879

Other Revenue $-64,726

TOTAL REVENUE $368,955

Expense Breakdown

Grants Paid $188,333

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $231,348

Other Expenses $66,542

TOTAL EXPENSES $254,875

Year-over-Year Comparison

	2024	2023	Change
Revenue	$368,955	$530,883	-0.3%
Expenses	$254,875	$274,302	-0.1%
Net Income	$114,080	$256,581	-0.6%

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

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
JEFFREY BATES	PRESIDENT	1.00	Officer Director	$0	$0	$0
TOM WRIGHT	TREASURER	1.00	Officer 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	$368,955	$254,875	$3,796,333	$114,080
2023	$530,883	$274,302	$3,197,873	$256,581
2022	$300,906	$71,027	$3,037,666	$229,879
2021	$67,766	$50,166	$2,755,278	$17,600

THE LORDS WORK INC