Cornelius, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Above & Beyond Missions Inc, founded in 2013, is a micro nonprofit that reported $17K in total revenue in fiscal year 2023. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 6599% operating deficit.
An inter-denominational missions foundation that exists to end spiritual poverty through the sending of short-term missionaries.
In 2022 the Above and Beyond Board of Directors determined that our Serve Local to Go global program had been impacted greatly due to the global pandemic as many other mission foundations were...
In 2022 the Above and Beyond Board of Directors determined that our Serve Local to Go global program had been impacted greatly due to the global pandemic as many other mission foundations were experiencing. While our Serve Local to Go Global was a tremendous success which assisting 1,350 global messengers to 89 nations over the span of operations. Our local global messengers had volunteered over 20,000 hours through over 479 local organizations to receive their Above and Beyond reward. Unfortunately, a new strategy was required to fulfill our mission to serving indigenous leaders in hard-to-reach nations. The Board of Directors of Above and Beyond Missions Inc. reviewed various strategies and selected a strategy that would serve our greater mission but would also change our program of Serve Local to Go Global. The Board of Directors reviewed various strategies and selected a strategy to vet nine ministries that had indigenous leaders reaching thousands in hard-to-reach nations. From October 2022 through February 2023, the Board of Directors would select several larger mission foundations that met the financial and direction of the organization discipleship program. In February 2023, the Board of Directors decided on the selected ministries and the funding of each, to distribute the endowment fund that Above and Beyond Missions had been building on and investing since inception of our ministry in 2007. After distribution of the funds to those selected ministries, Above and Beyond discontinued operations. The NC Secretary of State certified Articles of Dissolution on December 6, 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 | $16,823 | $104,580 | -0.8% |
| Expenses | $1,126,949 | $101,778 | +10.1% |
| Net Income | $-1,110,126 | $2,802 | -397.2% |
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 |
|---|---|---|---|---|---|---|
| Michelle Hoverson | Executive Dir. | 24.00 |
Officer
Director
|
$49,000 | $0 | $49,000 |
| Gary Smith | Chair & Pres. | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Greg Provenzano | Vice Chair | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Rhonda Booker | Secretary | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Albert Wong | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Hannah Bell | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Sam Dobrotka | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Dean Burrow | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Jason Long | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $16,823 | $1,126,949 | No data | $-1,110,126 |
| 2022 | $104,580 | $101,778 | $1,097,976 | $2,802 |
| 2021 | $156,627 | $100,697 | $1,261,878 | $55,930 |
| 2020 | $136,381 | $92,168 | $1,082,064 | $44,213 |
| 2019 | $269,367 | $109,936 | $987,959 | $159,431 |
| 2018 | $195,204 | $64,324 | $740,832 | $130,880 |
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