McKinney, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Avalon Worship, founded in 2020, is a micro nonprofit in the Religion sector that reported $63K in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $81K exceeded revenue, resulting in a 30% operating deficit.
To spread the Gospel of Jesus Christ
To spread the Gospel of Jesus Christ, our Lord and Savior, by teaching, preaching, evangelizing, revivals, books, cds and by any other means possible.
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 | $62,707 | $104,445 | -0.4% |
| Expenses | $81,330 | $129,701 | -0.4% |
| Net Income | $-18,623 | $-25,256 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| Linda Long | President | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gregory Long | Vice President | 40.00 |
Officer
Director
Highest
|
$24,000 | $0 | $24,000 |
| Carol Beasely | Secretary | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $62,707 | $81,330 | $51,563 | $-18,623 |
| 2023 | $104,445 | $129,701 | $59,604 | $-25,256 |
| 2022 | $272,191 | $213,960 | $93,557 | $58,231 |
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