INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INNERLIGHT MINISTRIES INC, founded in 1992, is a small nonprofit in the Religion sector that reported $400K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year.
MAIN PURPOSE IS TO SPREAD CHRISTIANITY THIS IS ACCOMPLISHED AT CONCERTS, SPEAKING ENGAGEMENTS, AND INTERACTION WITH THE PUBLIC.
MINISTRY MADE SIGNIFICANT OUTREACH IN THE UNITED STATES AND ASIA THROUGH DONATIONS TO OTHER 501c3 ORGANIZATIONS, NEEDY FAMILIES, VETERANS, AND PROVIDED TIME AND SERVICES TO SEVERAL OTHER MINISTRIES...
MINISTRY MADE SIGNIFICANT OUTREACH IN THE UNITED STATES AND ASIA THROUGH DONATIONS TO OTHER 501c3 ORGANIZATIONS, NEEDY FAMILIES, VETERANS, AND PROVIDED TIME AND SERVICES TO SEVERAL OTHER MINISTRIES. MINISTRY ALSO PROVIDED SUPPORT FOR AN ORPHANAGES IN ASIAN COUNTRIES. PRINCIPALS ALSO HOSTED SEVERAL EVENTS TO PROMOTE CHRISTIANITY. PHIL FOLEY PREACHED AT SEVERAL CHURCHES, CONDUCTED FUNERALS, WEDDINGS, AND REVIVALS.
MANAGED A CHRISTIAN CAMP TO PROMOTE CHRISTIANITY AND A CHRISTIAN LIFESTYLE. ACTIVITIES AT THE CAMP INCLUDE HOSTING OTHER MINISTRIES AND COMMUNITY WORKSHOPS SUCH AS WORK AND WORSHIP, CREATIVE ARTS...
MANAGED A CHRISTIAN CAMP TO PROMOTE CHRISTIANITY AND A CHRISTIAN LIFESTYLE. ACTIVITIES AT THE CAMP INCLUDE HOSTING OTHER MINISTRIES AND COMMUNITY WORKSHOPS SUCH AS WORK AND WORSHIP, CREATIVE ARTS, TEEN CHALLENGES. CAMPGROUND ALSO HOSTED RETREATS FOR HUMAN TRAFFICKING VICTIMS AS WELL AS 80 MENS RETREATS AND 150 LADIES RETREATS. THERE WAS ALSO COMMUNITY WORSHIP AND DINNER PROVIDED ON MONDAY EVENINGS AND MINISTRY PROVIDED FOOD AND MAINTENANCE SERVICES TO OTHER ESTABLISHMENTS
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 | $400,123 | $464,931 | -0.1% |
| Expenses | $424,014 | $348,673 | +0.2% |
| Net Income | $-23,891 | $116,258 | -1.2% |
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 |
|---|---|---|---|---|---|---|
| PHILIP FOLEY | MINISTER | 60.00 |
Officer
Director
Key Emp
|
$0 | $0 | $0 |
| RHONDA FOLEY | DIRECTOR | 50.00 |
Officer
Director
Key Emp
|
$6,600 | $0 | $6,600 |
| JOHN GREENGOSS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN B ONEAL | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JACK CHRISTY | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $400,123 | $424,014 | $713,331 | $-23,891 |
| 2022 | $464,931 | $348,673 | $724,635 | $116,258 |
| 2021 | $433,689 | $337,025 | $595,157 | $96,664 |
| 2020 | $269,079 | $269,603 | $505,071 | $-524 |
| 2019 | $317,020 | $329,199 | $488,542 | $-12,179 |
| 2018 | $319,712 | $352,662 | $488,320 | $-32,950 |
Compare INNERLIGHT MINISTRIES INC with other nonprofits in Indiana and across the country.