HARMONY, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MATTHEW 25 MINISTRIES, founded in 2006, is a small nonprofit in the Human Services sector that reported $105K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $164K exceeded revenue, resulting in a 56% operating deficit.
THE MISSION OF MATTHEW 25 MINISTRIES IS TO PROVIDE PHYSICAL AND SPIRITUAL AID TO THE NEEDY IN IREDELL COUNTY, NC.
MATTHEW 25 MINISTRIES PROVIDES FOOD, CLOTHING, ETC. TO NEEDY INDIVIDUALS AND FAMILIES IN IREDELL COUNTY, NC. FOOD AND CLOTHING FOR DISTRIBUTION ARE ACQUIRED BY PURCHASE OR DONATED BY BUSINESSES AND...
MATTHEW 25 MINISTRIES PROVIDES FOOD, CLOTHING, ETC. TO NEEDY INDIVIDUALS AND FAMILIES IN IREDELL COUNTY, NC. FOOD AND CLOTHING FOR DISTRIBUTION ARE ACQUIRED BY PURCHASE OR DONATED BY BUSINESSES AND THE COMMUNITY. DURING THE CURRENT YEAR, 1685 FAMILIES WERE SERVED.
MATTHEW 25 MINISTRIES PROVIDES ASSISTANCE WITH ELECTRIC BILLS FOR NEEDY HOUSEHOLDS IN IREDELL COUNTY. ASSISTANCE IS BASED ON THE GUIDELINES DETERMINED BY THE GOVERNING BOARD AND/OR SPECIFIC GRANTORS...
MATTHEW 25 MINISTRIES PROVIDES ASSISTANCE WITH ELECTRIC BILLS FOR NEEDY HOUSEHOLDS IN IREDELL COUNTY. ASSISTANCE IS BASED ON THE GUIDELINES DETERMINED BY THE GOVERNING BOARD AND/OR SPECIFIC GRANTORS. DURING THE CURRENT YEAR, 213 HOUSEHOLDS WERE SERVED. (PAYMENTS ARE MADE DIRECTLY TO UTILITY COMPANIES PER GRANTOR GUIDELINES.
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 | $104,874 | $71,867 | +0.5% |
| Expenses | $163,846 | $109,139 | +0.5% |
| Net Income | $-58,972 | $-37,272 | +0.6% |
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 |
|---|---|---|---|---|---|---|
| JERRY TURNER | VICE CHAIRMA | N/A |
Officer
Director
|
$0 | $0 | $0 |
| CLYDE PARKS | CHAIRMAN | N/A |
Officer
Director
|
$0 | $0 | $0 |
| DAN HUTCHINS | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| BEN SHELTON | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| TAMARA ECKLES | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| LARRY GRYDER | SECRETARY | N/A |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT BRANCH | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| ANN C CLINE | TREASURER | N/A |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $104,874 | $163,846 | $406,207 | $-58,972 |
| 2024 | $71,867 | $109,139 | $464,811 | $-37,272 |
| 2023 | $154,178 | $122,896 | $502,095 | $31,282 |
Compare MATTHEW 25 MINISTRIES with other nonprofits in North Carolina and across the country.