Bakersfield, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Magdalene Hope Inc, founded in 2009, is a small nonprofit in the Religion sector that reported $247K in total revenue in fiscal year 2018. Revenue decreased 8% compared to the prior year.
RELIGIOUS OUTREACH
In January 2018, we premiered a documentary, titled The Abolitionists, at the Majestic Fox Theatre. Two days later, a team of 12 boarded a plane for Minnesota to reach women who were brought in from...
In January 2018, we premiered a documentary, titled The Abolitionists, at the Majestic Fox Theatre. Two days later, a team of 12 boarded a plane for Minnesota to reach women who were brought in from all over the country to be sold in the Minneapolis/St. Paul area during the week leading up to the Super Bowl. We reached more than 100 women who were for sale online, offering them hope and a way out of the life. In the Summer and Fall, we hosted over 1,000 women between our two FreedomWomens Conferences, one which was held here in Bakersfield and the other in Tijuana, Mexico. We heard incredible stories about empowered women from our speakers at the conferences, which in turn empowered those listening. These women were able to break through and achieve freedom in many areas.In November and December, we placed our Blue Bucket Donation Bins throughout the community for both the Toys for Tijuana and Christmas on Union toy drives. Through the generosity of local businesses and citizens in our community, we were able to collect and handout over 3,500 toys to underprivileged children. We cannot wait to bless them again this coming holiday season! In September 2018, it was with great joy and thankfulness, we announced that we had been blessed with a 6-bedroom, 3-1/2 bath home in the greater Bakersfield area which will serve as the new location for Restoration Ranch Womens Shelter. As we look to continue to empower, strengthen, and equip women to be all they can be, we thank you for your support, which allows us to provide the resources for our conferences, street-reaches, shelter, provisions, transports, coffee truck, toy drives, and much more. As we thank Jesus Christ for the blessings of 2018, we wait with anticipation for whatGod has planned for Magdalene Hope in 2019. In our mission, we believe in the four Rs: Reach, Rescue, Restore, and Reintegrate the women that God has called us to serve. In the fight against human trafficking, we will continue to practice the four Ps: Partnership, Prevention, Prosecution, and Public Awareness of this crucial human rights abuse. We feel these eight areas are instrumental to seeing human trafficking end in our lifetime and will do the most damage to darkness.
We focus on street ministry to share the christian world view with prostitutes and the homelesss.
In 2017, we started and operated Rescue Grounds Coffee Company in Bakersfield, California. We employed women that we rescued out of sex trafficking. At the end of 2018, the coffee shop is effectively...
In 2017, we started and operated Rescue Grounds Coffee Company in Bakersfield, California. We employed women that we rescued out of sex trafficking. At the end of 2018, the coffee shop is effectively closed.
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)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $247,393 | $268,880 | -0.1% |
| Expenses | $254,799 | $251,906 | +0.0% |
| Net Income | $-7,406 | $16,974 | -1.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| DOUG BENNETT | President | 20.00 |
Officer
|
$20,400 | $0 | $20,400 |
| Christopher Niko Morrow | Vice President | 30.00 |
Officer
|
$0 | $0 | $0 |
| Amanda Muneton Anaya | Secretary | 10.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $247,393 | $254,799 | $37,587 | $-7,406 |
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