Colorado Springs, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Caring for the Heart Ministries, founded in 2006, is a small nonprofit in the Religion sector that reported $259K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $45K, a strong 17% operating margin.
We exist to care for the heart by assisting individuals to identify and resolve emotional and spiritual issues with wisdom of the Word of God and the enabling power of the Holy Spirit. We are committed to providing counseling and resources that are biblically based and to give couples and individuals the resources they need to resolve their personal and marital problems.
Counseling Services: Caring for the Heart Ministries provides counseling, free of charge, to individuals and couples struggling with spiritual and emotional problems. The ministry assists them in...
Counseling Services: Caring for the Heart Ministries provides counseling, free of charge, to individuals and couples struggling with spiritual and emotional problems. The ministry assists them in identifying and resolving those issues. During the calendar year 2023, approximately 182 individuals benefited from our services.
Training Seminars: Caring for the Heart Ministries provides training to clergy and other counselors for the purpose of assisting them in developing biblical counseling techniques. Training is...
Training Seminars: Caring for the Heart Ministries provides training to clergy and other counselors for the purpose of assisting them in developing biblical counseling techniques. Training is conducted at the home office in Colorado Springs, CO, select sites throughout the United States and via Zoom webinars. Approximately 1,220 individuals received training during the calendar year 2023.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $259,175 | $220,484 | +0.2% |
| Expenses | $214,458 | $205,253 | +0.0% |
| Net Income | $44,717 | $15,231 | +1.9% |
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 |
|---|---|---|---|---|---|---|
| N/A | Board Member / VP | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | President | 40.0 |
Officer
Director
|
$32,666 | $16,800 | $49,466 |
| N/A | Board Member / Secretary | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $259,175 | $214,458 | $304,181 | $44,717 |
| 2022 | $220,484 | $205,253 | $259,947 | $15,231 |
| 2021 | $287,158 | $190,405 | $250,344 | $96,753 |
| 2020 | $194,754 | $188,917 | $165,555 | $5,837 |
| 2019 | $194,318 | $196,059 | $141,561 | $-1,741 |
| 2018 | $248,338 | $257,718 | $143,189 | $-9,380 |
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