DESCENT OF THE HOLY GHOST CHURCH (EIN 861132495) - 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

1916

Legal Domicile

Principal Officer

STEFAN VLAD

Tax Period

2023-01-01 to 2023-12-31

DESCENT OF THE HOLY GHOST CHURCH, founded in 1916, is a small nonprofit that reported $550K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $486K left a modest 12% surplus.

Mission

THE ORGANIZATION IS A CHURCH. AS SUCH IT PROVIDES RELIGIOUS AND SPIRITUAL GUIDANCE TO ITS MEMBERS

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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 $176,178

Program Service Revenue $373,882

Investment Income $0

Other Revenue $0

TOTAL REVENUE $550,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $97,691

Fundraising Expenses $0

Program Expenses $485,836

Other Expenses $388,145

TOTAL EXPENSES $485,836

Year-over-Year Comparison

	2023	2022	Change
Revenue	$550,060	$404,316	+0.4%
Expenses	$485,836	$430,534	+0.1%
Net Income	$64,224	$-26,218	-3.4%

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

$78,000

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEFAN VLAD	DIRECTOR	040.00	Officer Director	$60,000	$0	$60,000
ADRIAN POPA	COIR DIRECTOR	020.00	Officer	$18,000	$0	$18,000
HORATIU GHERMAN	PRESIDENT	N/A	Officer	$0	$0	$0
ADRIAN COTORA	SECRETARY	N/A	Officer	$0	$0	$0
CONSTANTIN RADBITA	TREASURER	N/A	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	No data	No data	No data	No data
2023	$550,060	$485,836	$673,713	$64,224
2022	$404,316	$430,534	$609,489	$-26,218
2021	$203,343	$178,274	$640,118	$25,069
2020	$132,599	$189,241	$619,844	$-56,642
2019	$123,136	$159,987	$674,357	$-36,851
2018	$121,818	$191,854	$717,408	$-70,036

DESCENT OF THE HOLY GHOST CHURCH