PRAYER AT THE HEART INC

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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

2022

Principal Officer

GERARD LONG

Phone

8477574979

Tax Period

2023-01-01 to 2023-12-31

PRAYER AT THE HEART INC, founded in 2022, is a small nonprofit in the Religion sector that reported $278K in total revenue in fiscal year 2023. Revenue surged 111% from the prior year, signaling strong growth momentum.

Mission

TO IGNITE A GREAT SPIRITUAL AWAKWNING OUT OF A NATIONAL MOVEMENT OF UNIFIED, HUMBLE, DESEPERATE PRAYER AND ACTION.

Program Service Accomplishments

Program 1

Expenses: $124,109

40 DAYS OF PRAYER, CARE, SHARE ACROSS NE OHIO WAS HELD ON MAY 8TH THROUGH JUNE 16TH. THIS EVENT RESULTED IN CHRISTIAN UNITY, PRAYER, THE GREAT COMMISSION, SALVATION, HEALING AND DELIVERANCE.

Program 2

Expenses: $96,445

THE CLEVELAND PUBLIC SQUARE GATHERING WAS THE CULMINATION OF THE 40 DAYS OF PRAYER, CARE, SHARE ACROSS NE OHIO. HUNDRENDS OF CHRISTIANS MET IN CLEVELAND PUBLIC SQUARE FOR PRAISE AND WORSHIP, PRAYER, PROCLAMATION AND OUTREACH. OVER 50 PEOPE CAME TO FAITH IN CHRIST WHILE SIMPLY PASSING BY THE PUBLIC SQUARE.

Program 3

Expenses: $10,700

THE EXECUTIVE DIRECTOR FOCUSED ON GROWING THE NUMBER OF STATE AND COUNTY COORDINATORS AND HELD MORE SOLEMN ASSEMBLIES. PRAYER AT THE HEART NOW HAS 34 STATE COORDINATORS AND 300 COUNTY COORDINATORS.

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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 $278,324

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $278,324

Expense Breakdown

Grants Paid $0

Salaries & Benefits $123,592

Fundraising Expenses $14,071

Program Expenses $236,604

Other Expenses $152,017

TOTAL EXPENSES $275,609

Year-over-Year Comparison

	2023	2022	Change
Revenue	$278,324	$131,828	+1.1%
Expenses	$275,609	$130,527	+1.1%
Net Income	$2,715	$1,301	+1.1%

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

100

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

$114,583

Total Directors