LOCAL CHURCH NETWORK INC

EIN: 883287201 501(c)(3) Religion

PRINCE FREDERICK, MD

Total Revenue
$499,851
Total Expenses
$356,554
Total Assets
$143,297
Net Assets
$143,297
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
MD
Principal Officer
JAMES M HILSON
Phone
3016098423
Tax Period
2022-06-02 to 2022-12-31

LOCAL CHURCH NETWORK INC, founded in 2022, is a small nonprofit in the Religion sector that reported $500K in total revenue in fiscal year 2022. The organization ran a surplus of $143K, a strong 29% operating margin.

Mission

TO ESTABLISH A CHURCH MULTIPLICATION AND MANAGEMENT NETWORK THAT BRINGS EXPANDED STRENGTH AND CAPACITY TO THE KINGDOM OF GOD. THIS NETWORK WILL SERVE BOTH WESLEYAN AND NON-WESLEYAN CHURCHES WITH THE SINGULAR GOAL OF REACHING THOSE WHO DO NOT YET KNOW CHRIST TO ENSURE THE LONG-TERM EXISTENCE OF A CHURCH MULTIPLICATION NETWORK BY POOLING RESOURCES TO EXPAND MINISTRY REACH.

🔒

Trantor Score

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)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $499,851
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $499,851

Expense Breakdown

Grants Paid $0
Salaries & Benefits $225,377
Fundraising Expenses $0
Program Expenses $317,705
Other Expenses $131,177
TOTAL EXPENSES $356,554

Year-over-Year Comparison

2022 2021 Change
Revenue $499,851 N/A N/A
Expenses $356,554 N/A N/A
Net Income $143,297 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
8
Independent Members
8
Employees
5
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
8
$55,176
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES M HILSON DIRECTOR & PRESIDENT 40.00
Officer
$0 $0 $0
JAMES R HILSON DIRECTOR & VICE PRESIDENT 20.00
Officer
$0 $0 $0
TAMMIE ANNAN DIRECTOR & TREASURER 40.00
Officer
$55,176 $0 $55,176
NATHANAEL T BOLDEN DIRECTOR 10.00
Officer
$0 $0 $0
ADAM MUNSHAW DIRECTOR & SECRETARY 10.00
Officer
$0 $0 $0
LOGAN CHAMBERS DIRECTOR 10.00
Officer
$0 $0 $0
DAVID SYLVAIN DIRECTOR 10.00
Officer
$0 $0 $0
JORDAN DEMERCHANT DIRECTOR 10.00
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
2022 $499,851 $356,554 $143,297 $143,297
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LOCAL CHURCH NETWORK INC with other nonprofits in Maryland and across the country.