PRAY-THINK-ACT MINISTRIES 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

1981

Legal Domicile

Principal Officer

STEPHEN WESTBROOK

Phone

4158973970

Tax Period

2020-12-01 to 2021-11-30

PRAY-THINK-ACT MINISTRIES INC, founded in 1981, is a micro nonprofit that reported $24K in total revenue in fiscal year 2020. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $52K exceeded revenue, resulting in a 115% operating deficit.

Mission

A DISCIPLESHIP MINISTRY EMPHASIZING HOLINESS OF LIFESTYLE IN PURSUIT OF PERSONAL AND CORPORATE REVIVAL THROUGH THE MINISTRY OF PRAYER.

Program Service Accomplishments

Program 1

Expenses: $879 Revenue: $300

SEMINAR SERIES AT COSHOCTON ALLIANCE CHURCH, COSHOCTON, OHIO

Program 2

Expenses: $901 Revenue: $135

SEMINAR SERIES AT FLUSHIG ALLIANCE CHURCH, FLUSHING, OHIO

Program 3

Expenses: $680 Revenue: $733

SEMINAR SERIES AT TRINITY EVANGELICAL FREE CHURCH, AMHERST, OHIONOTE ON REVENUE: PRAY-THINK-ACT MINISTRIES, INC DOES NOT CHARGE FOR, OR SOLICIT DONATIONS FROM, ITS SEMINARS IT RELYS ON VOLUNTARY...

SEMINAR SERIES AT TRINITY EVANGELICAL FREE CHURCH, AMHERST, OHIONOTE ON REVENUE: PRAY-THINK-ACT MINISTRIES, INC DOES NOT CHARGE FOR, OR SOLICIT DONATIONS FROM, ITS SEMINARS IT RELYS ON VOLUNTARY DONATIONS FROM SPONSORING CHURCHES AND PARTICIPANTSNOTE ON PROGRAMS: DUE TO THE COVID PANDEMIC IN 2020 AND 2021, THE PROGRAMS HAVE BEEN VASTLY REDUCED ALSO, THEY ARE UTILIZING A NEW SPEAKER AND THUS DIFFERENT MATERIALS

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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 (2020)

Revenue Breakdown

Contributions & Grants $940

Program Service Revenue $1,168

Investment Income $21,692

Other Revenue $428

TOTAL REVENUE $24,228

Expense Breakdown

Grants Paid $14,275

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,735

Other Expenses $37,719

TOTAL EXPENSES $51,994

Year-over-Year Comparison

	2020	2019	Change
Revenue	$24,228	$20,290	+0.2%
Expenses	$51,994	$34,153	+0.5%
Net Income	$-27,766	$-13,863	+1.0%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN WESTBROOK	PRESIDENT ANDDORECTOR	6.00	Officer Director	$0	$0	$0
DALE PERRIGAN	SECRETARY/REASURER & DIRECTOR	1.00	Officer Director	$0	$0	$0
BRUCE FIOL	DIRECTOR	1.00	Director	$0	$0	$0
MACDONALD WEST	DIRECTOR	1.00	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
2021	$24,228	$51,994	$1,075,036	$-27,766
2020	$20,290	$34,153	$1,060,364	$-13,863
2019	$24,384	$32,890	$1,047,566	$-8,506
2018	$160,868	$84,503	$1,010,617	$76,365