HIGHLAND, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NICARAGUA CHRISTIAN EDUCATION FOUNDATION, founded in 2000, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $60K in total revenue in fiscal year 2023. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $109K exceeded revenue, resulting in a 81% operating deficit.
NiCE equips Nicaraguans to reach their country for Christ by supporting & equipping Christian schools.
NiCE continued our Christian school sponsorship with partial support of 6 schools with a total enrollment of over 1600 students. This funding helps with teacher pay and utilities. Our schools are...
NiCE continued our Christian school sponsorship with partial support of 6 schools with a total enrollment of over 1600 students. This funding helps with teacher pay and utilities. Our schools are located in very high poverty areas. We also continue to fund a 3 day yearly educational retreat for teachers.
Meal packing ceased in 2023 due to increasing delays in getting meals through customs and increasing customs fees. When containers of meals were previously shipped we were able to add donated school...
Meal packing ceased in 2023 due to increasing delays in getting meals through customs and increasing customs fees. When containers of meals were previously shipped we were able to add donated school supplies desks chairs and other school equipment as well as layettes hygiene kits and clothing. In 2023 we shipped one 20 foot and one 40 foot container with a combined weight of 50,941#. Our remaining food was given to several other ministries so it could be used before it expired.
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 | $60,133 | $203,674 | -0.7% |
| Expenses | $108,640 | $301,485 | -0.6% |
| Net Income | $-48,507 | $-97,811 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| Linda Rensberry | Director | 6.00 |
Director
|
$0 | $0 | $0 |
| Duane Rensberry | Secretary Treasurer | 30.00 |
Officer
|
$0 | $0 | $0 |
| Menno Miller | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Shirley Beltz | President | 10.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $60,133 | $108,640 | $300,447 | $-48,507 |
| 2022 | $203,674 | $301,485 | $348,954 | $-97,811 |
| 2021 | $391,078 | $236,650 | $446,765 | $154,428 |
| 2020 | $315,313 | $359,098 | $292,337 | $-43,785 |
Compare NICARAGUA CHRISTIAN EDUCATION FOUNDATION with other nonprofits in Illinois and across the country.