Bronx, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RCCG CHAPEL OF RESTORATION INC, founded in 1998, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 164% from the prior year, signaling strong growth momentum.
As received by Pastor E. A. Adeboye, the General Overseer G.O., and communicated to the headquarters leaders, our vision and mission statement will remain intact. However, considering the unique demographics of the North American region, we add the following qualifiers: Our primary goal remains to make heaven. We aim to bring as many people with us as possible. We aspire to have a member of RCCG Redeemed Christian Church of God in every family across all nations. To achieve goal 1, holiness will be our guiding lifestyle. For goals 2 and 3, we commit to planting churches within a five-minute walking distance or a five-minute driving distance in every city and town of developing countries. In North America and Caribbean countries, any new parish location must be at least 10 minutes away from an existing parish. Our relentless pursuit is to reach every nation in the world for the Lord Jesus Christ.
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 | $1,452,680 | $549,725 | +1.6% |
| Expenses | $1,431,301 | $529,127 | +1.7% |
| Net Income | $21,379 | $20,598 | +0.0% |
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 |
|---|---|---|---|---|---|---|
| PASTOR AJAYI ADENIRAN | Chairman | 0.00 |
Director
|
$0 | $0 | $0 |
| ELDER PATRICK OSAGIE | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| ELDER STELLA SULE | Director | 4.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,452,680 | $1,431,301 | $220,393 | $21,379 |
| 2023 | $549,725 | $529,127 | $199,014 | $20,598 |
Compare RCCG CHAPEL OF RESTORATION INC with other nonprofits in New York and across the country.