Fairfield, CT
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)TABERNACLE OF PRAISE PROPHETIC MINISTRIES INC, founded in 2021, is a small nonprofit in the Religion sector that reported $502K in total revenue in fiscal year 2023. Revenue surged 55% from the prior year, signaling strong growth momentum. Expenses of $482K left a modest 4% surplus.
Tabernacle of Praise Prophetic Ministries' mission is to empower and equip people to walk in the life, liberty, and victory that God has destined for them, through the saving grace of our Lord Jesus Christ; and to raise the banner of praise unto God globally.
We continued our International outreach in Africa in Nigeria, Kenya, Uganda and Ghana. Supporting activities included missions activities to reach the poor, widows, orphans and those in need of a...
We continued our International outreach in Africa in Nigeria, Kenya, Uganda and Ghana. Supporting activities included missions activities to reach the poor, widows, orphans and those in need of a church community; holding conferences and crusades to preach the gospel, pray for the sick and brokenhearted and to revive churches that have lost their passion for God; continued building of the church in Lagos, Nigeria; establishing and conducting church services on the church property in Nigeria.
We held conferences and meetings with pastors, leaders, churches to encourage, train and equip them to be more effective and empowered to carry out their God-given callings. We were given the...
We held conferences and meetings with pastors, leaders, churches to encourage, train and equip them to be more effective and empowered to carry out their God-given callings. We were given the opportunity to minister in various nations such as Canada, Singapore, Barbados, Mozambique and Kenya.
We contributed tithes and offerings domestically to other well-established ministries/ organizations that we believe are in-line with our ministry, to effectively spread the gospel of Jesus Christ
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $501,799 | $324,391 | +0.5% |
| Expenses | $481,942 | $325,298 | +0.5% |
| Net Income | $19,857 | $-907 | -22.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dianne Bae | President | 15 |
Officer
|
$0 | $0 | $0 |
| Powan Liew | Secretary | 2 |
Officer
|
$0 | $0 | $0 |
| Ifeanyi Umeugo | Treasurer | 2 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $501,799 | $481,942 | $20,219 | $19,857 |
| 2022 | $324,391 | $325,298 | $362 | $-907 |
| 2021 | $355,188 | $353,921 | $1,267 | $1,267 |
Compare TABERNACLE OF PRAISE PROPHETIC MINISTRIES INC with other nonprofits in Connecticut and across the country.