CHARLOTTE, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NAMS NETWORK INC, founded in 2010, is a small nonprofit in the Religion sector that reported $287K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $327K exceeded revenue, resulting in a 14% operating deficit.
NAMS Network Inc. alongside faithful Anglican Christians and under the authority of faithful Anglican structures in every part of the globe seeks to create Christian communities and plant Christian churches. To that end NAMS Network Inc provides teaching coaching encouragement and limited financial support.
Supporting and expanding NAMS base communities across the globe. Supporting the missionary families responsible for these communities whose purpose is to evangelize and disciple individuals the...
Supporting and expanding NAMS base communities across the globe. Supporting the missionary families responsible for these communities whose purpose is to evangelize and disciple individuals the Christian faith. Approximately 25,000 individuals are being served globally through this program.
Providing the highest quality of leadership training and church planting preparation to a select group of Christian leaders. After training these individuals will be assigned to a particular region...
Providing the highest quality of leadership training and church planting preparation to a select group of Christian leaders. After training these individuals will be assigned to a particular region globally to establish NAMS Christian communities and to expand the Christian faith through evangelizing and discipleship. During 2023 there were 2 enrolled in this program.
New and emerging leaders on the field are given training experience and knowledge with in the environment of a NAMS community. The Global Apprentice Program GAP allows for leadership growth for those...
New and emerging leaders on the field are given training experience and knowledge with in the environment of a NAMS community. The Global Apprentice Program GAP allows for leadership growth for those on foreign soil would otherwise would not be afforded the opportunity. During 2023 a GAP retreat was held in India to provide additional training and support to apprentices. During 2023 3 individuals were part of this apprenticeship program.
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 | $287,401 | $392,718 | -0.3% |
| Expenses | $326,880 | $319,792 | +0.0% |
| Net Income | $-39,479 | $72,926 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| Josep Rossello | Vice Chairman | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Andres Casanueva | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Jon Shuler | Chairman | 20.00 |
Officer
Director
|
$55,000 | $0 | $55,000 |
| Andrew Johnson | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Georgie Ong | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $287,401 | $326,880 | $65,980 | $-39,479 |
| 2022 | $392,718 | $319,792 | $105,459 | $72,926 |
Compare NAMS NETWORK INC with other nonprofits in North Carolina and across the country.