HEMPSTEAD, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MIKE EDEN MINISTRIES INC, founded in 2007, is a small nonprofit in the Religion sector that reported $293K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $349K exceeded revenue, resulting in a 19% operating deficit.
THIS FOUNDATION IS FOUNDED ON CHRISTIAN FAITH. OUR PURPOSE IS TO PLANT HOME FOR CHILDREN THAT ARE ORPHANED. ONLY ON SPECIFIC CASES WILL BE CONSIDERED TO JOIN THE HOME FOR THOSE WITH PARENT WHO IS UNABLE TO TAKE CARE OF THEM. CHILDREN WILL BE ADOPTED INTO THE HOME, CARED FOR SPIRITUALLY, EDUCATED AND TRAINED INTO VARIABLE SKILLS, THEIR PHYSICAL AND EMOTIONAL NEEDS. AT THE AGE OF 18 YEARS, THEY WILL BE RELEASED TO THE COMMUNITY READY TO INTERACT AND TAKE CARE OF THEMSELVES AND CONTRIBUTE TO THE SOCIETY AND THE COUNTRY. THE HOME IS SITUATED ON A 6 ACRE LAND WHICH IS SHARED WITH KARAGATHA HEALTH CENTER, HEALTH REQUIREMENTS ARE NEXT DOOR.
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 | $293,344 | $318,911 | -0.1% |
| Expenses | $349,187 | $307,979 | +0.1% |
| Net Income | $-55,843 | $10,932 | -6.1% |
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 |
|---|---|---|---|---|---|---|
| MIKE EDEN | DIRECTOR | 10.00 |
Director
|
$0 | $0 | $0 |
| THOMAS E JACKSON | DIRECTOR | 10.00 |
Director
|
$0 | $0 | $0 |
| BILL RADEMACHER | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| PAUL PEVETO | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| BRAD MIEDKE | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| OLIVIA OBER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $293,344 | $349,187 | $149,667 | $-55,843 |
| 2023 | $318,911 | $307,979 | $205,510 | $10,932 |
| 2022 | $377,857 | $339,638 | $194,578 | $38,219 |
| 2021 | $286,306 | $227,684 | $156,359 | $58,622 |
| 2020 | $271,706 | $236,889 | $97,737 | $34,817 |
| 2019 | $286,484 | $262,331 | $62,920 | $24,153 |
| 2018 | $262,583 | $217,385 | $64,047 | $45,198 |
Compare MIKE EDEN MINISTRIES INC with other nonprofits in Texas and across the country.