World Revival Ministries Inc

EIN: 882348715 501(c)(3) Religion

St Petersburg, FL

Total Revenue
$67,957
Total Expenses
$139,147
Total Assets
$322,182
Net Assets
$314,756
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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
Legal Domicile
FL
Principal Officer
Vincent W Skinner
Phone
7069360595
Tax Period
2024-01-01 to 2024-12-31

World Revival Ministries Inc, founded in 2022, is a micro nonprofit in the Religion sector that reported $68K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $139K exceeded revenue, resulting in a 105% operating deficit.

Mission

The Organization's mission is to preach the gospel domestically and Internationally, thus fulfilling the Great Commission as stated in the scriptures. Mark 16:15-20

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $60,446
Program Service Revenue $0
Investment Income $7,511
Other Revenue $0
TOTAL REVENUE $67,957

Expense Breakdown

Grants Paid $0
Salaries & Benefits $79,409
Fundraising Expenses $7,576
Program Expenses $108,335
Other Expenses $59,738
TOTAL EXPENSES $139,147

Year-over-Year Comparison

2024 2023 Change
Revenue $67,957 $61,558 +0.1%
Expenses $139,147 $95,462 +0.5%
Net Income $-71,190 $-33,904 +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

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Governance

Voting Members
5
Independent Members
3
Employees
1
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
2
$75,760
Total Directors
5
$75,760
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vincent W Skinner President 40.00
Officer Director
$75,760 $0 $75,760
Lisa Skinner Secretary 10.00
Officer Director
$0 $0 $0
Randy Webber Director 0.50
Director
$0 $0 $0
Aaron Hinshaw Director 0.50
Director
$0 $0 $0
Dr Clay Webber Director 0.50
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 $67,957 $139,147 $322,182 $-71,190
2023 $61,558 $95,462 $375,314 $-33,904
2022 $421,132 $14,677 $407,604 $406,455
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