COLDWATER MINISTRIES INC

EIN: 203858808 501(c)(3) Human Services

HUNTSVILLE, AL

Total Revenue
$425,750
Total Expenses
$128,462
Total Assets
$5,680,589
Net Assets
$5,680,589
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
AL
Principal Officer
ATHANASIOS T PITSINOS
Phone
2565391944
Tax Period
2023-01-01 to 2023-12-31

COLDWATER MINISTRIES INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $426K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $297K, a strong 70% operating margin.

Mission

ASSISTANCE PROVIDED TO NEEDY FAMILIES AND INDIVIDUALS TO INCLUDE FOOD, MEDICAL EXP, UTILITIES AND SUPPORT OF OTHER RELIGIOUS ACTIVITIES

Program Service Accomplishments

Program 1
Expenses: $126,957 Revenue: $425,750

ASSISTANCE PROVIDED TO NEEDY FAMILIES AND INDIVIDUALS TO INCLUDE FOOD, MEDICAL EXP, UTILITIES AND SUPPORT OF OTHER RELIGIOUS ACTIVITIES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $306,666
Investment Income $119,084
Other Revenue $0
TOTAL REVENUE $425,750

Expense Breakdown

Grants Paid $31,832
Salaries & Benefits $46,500
Fundraising Expenses $0
Program Expenses $126,957
Other Expenses $50,130
TOTAL EXPENSES $128,462

Year-over-Year Comparison

2023 2022 Change
Revenue $425,750 $520,640 -0.2%
Expenses $128,462 $175,680 -0.3%
Net Income $297,288 $344,960 -0.1%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$46,500
Total Directors
3
$46,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY E HOOVER DIR/VP/SEC 40.00
Officer Director
$0 $46,500 $46,500
ATHANASIOS T PITSINOS DIR/PRES/TREA 2.00
Officer Director
$0 $0 $0
RACHAEL PITSINOS DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $425,750 $128,462 $5,680,589 $297,288
2022 $520,640 $175,680 $5,350,833 $344,960
2021 $559,096 $205,021 $5,005,873 $354,075
2020 $554,428 $100,368 $4,651,798 $454,060
2019 $541,240 $109,852 $4,181,175 $431,388
2018 $278,957 $147,859 $3,749,787 $131,098
Explore More Nonprofits
→Top 100 Nonprofits in Alabama →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare COLDWATER MINISTRIES INC with other nonprofits in Alabama and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.