Laconia, NH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Global Benefit, founded in 2000, is a small nonprofit in the International Affairs sector that reported $275K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum.
Global Benefit is a Christ-centered organization that exists to provide hope for those facing extreme poverty and distress through education, vocational training, micro-business financing, and community health-care.
Global Benefit donated $273,220 to Laconia Christian Fellowship (LCF), a church located in Laconia, NH. The donation was in support of LCF's missionary work sponsoring very poor school children in...
Global Benefit donated $273,220 to Laconia Christian Fellowship (LCF), a church located in Laconia, NH. The donation was in support of LCF's missionary work sponsoring very poor school children in Rwanda. During 2024, LCF sponsored 160 children. These children were provided with school supplies, uniforms, and health insurance. Supplemental food was also provided to their families. Other achievements included: (1) soundproofing the Worship Center, (2)paving the Worship Center parking area, and (3) continued construction work on the multi-story Polyclinic.
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 | $274,960 | $222,003 | +0.2% |
| Expenses | $275,536 | $219,959 | +0.3% |
| Net Income | $-576 | $2,044 | -1.3% |
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 |
|---|---|---|---|---|---|---|
| Alan Graustein EdD Chair | Treasurer | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Warren | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nathaniel Nelson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Patrick Karangwa | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tim Vaughn | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rick Bonifas EdD | Executive Dir. | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $274,960 | $275,536 | $3,960 | $-576 |
| 2023 | $222,003 | $219,959 | $4,536 | $2,044 |
| 2022 | $481,271 | $501,642 | $2,492 | $-20,371 |
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