INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HEART CHANGE MINISTRIES INC, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 74% operating margin.
STRENGTHEN AND EQUIP WOMEN AND THEIR FAMILIES IN CRISIS AND POVERTY THROUGH A COMPREHENSIVE COURSE OF BIBLICAL INSTRUCTION, CHARACTER DEVELOPMENT, WORK ETHIC, ACADEMIC ACHIEVEMENT, WORK READINESS, AND ON-THE-JOB VOCATIONAL TRAINING COMBINED WITH SUPPORTIVE RELATIONSHIPS AND ACTIVE MENTORING OVER A 3-5 YEAR TIMEFRAME.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,358,395 | $807,006 | +0.7% |
| Expenses | $351,254 | $274,599 | +0.3% |
| Net Income | $1,007,141 | $532,407 | +0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CYNTHIA PALMER | BOARD MEMBER/MANAGING D | 65.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID PALMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DALE SHAW | BOARD PRESIDENT/MANAGING D | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SARAH SHAW | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL TAFT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOANNA TAFT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RUSSELL PULLIAM | BOARD MEMBER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RUTH PULLIAM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAY HEIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY JO HEIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DERRICK BURKS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CELESTE BURKS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURIE ABEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSH ABEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,358,395 | $351,254 | $5,150,636 | $1,007,141 |
| 2023 | $807,006 | $274,599 | $4,163,595 | $532,407 |
| 2019 | $411,034 | $264,762 | $1,531,058 | $146,272 |
| 2018 | $528,770 | $232,807 | $1,381,568 | $295,963 |
Compare HEART CHANGE MINISTRIES INC with other nonprofits in Indiana and across the country.