Bellefontaine, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)New Life Charitable Foundation Inc, founded in 1970, is a micro nonprofit that reported $58K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $22K, a strong 37% operating margin.
To provide an organization, separate from the First Lutheran Church, for holding contributions on a long-term basis to encourage giving by those who desire to give through this method. To provide services to areas and operations surrounding the church, but not a direct part of it.
These grants were paid to First Lutheran Church. The grant money is used for ministries funded by the Church and are not used for normal, reocurring expenses related to the Church budget. Examples of...
These grants were paid to First Lutheran Church. The grant money is used for ministries funded by the Church and are not used for normal, reocurring expenses related to the Church budget. Examples of this years grants include contributing towards tuning of the organ and piano, as well as improvements to the Church. In 2024, a grant was awarded to First Lutheran Church for a new air conditioner. Grants were paid to missions that are supported by the First Lutheran Church, but not to support the Churchs operating budget.
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 | $58,193 | $50,294 | +0.2% |
| Expenses | $36,632 | $31,772 | +0.2% |
| Net Income | $21,561 | $18,522 | +0.2% |
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 |
|---|---|---|---|---|---|---|
| Kevin Miller | Secretary | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| Chris McKenrick | President | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| John Bodin | Vice-President | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| Bill Keck | Trustee | 005.00 |
Director
|
$0 | $0 | $0 |
| Don Voorhies | Trustee | 005.00 |
Director
|
$0 | $0 | $0 |
| Beth Harman | Treasurer | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $58,193 | $36,632 | $1,266,283 | $21,561 |
| 2023 | $50,294 | $31,772 | $1,225,993 | $18,522 |
| 2022 | $41,045 | $107,713 | $1,233,470 | $-66,668 |
| 2021 | $38,118 | $39,954 | $1,356,521 | $-1,836 |
| 2020 | $136,612 | $38,887 | $1,245,925 | $97,725 |
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