GRAND RAPIDS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LIFE CENTER FOR SPIRITUAL GROWTH, founded in 1980, is a small nonprofit in the Human Services sector that reported $243K in total revenue in fiscal year 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 | $242,557 | $243,534 | 0.0% |
| Expenses | $242,921 | $191,991 | +0.3% |
| Net Income | $-364 | $51,543 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| THERESA SLABBEKOORN | EXECUTIVE DIRCTOR | 30.00 |
Officer
|
$50,954 | $0 | $50,954 |
| TERRY WALKER | SECRETARY | 3.00 |
Officer
|
$0 | $0 | $0 |
| BRIAN BRINKHERT | TREASURER | 3.00 |
Officer
|
$0 | $0 | $0 |
| JOHN LUDWIG | PRESIDENT | 3.00 |
Officer
|
$0 | $0 | $0 |
| JOHN REMINK | VICE PRESIDENT | 3.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $242,557 | $242,921 | $116,581 | $-364 |
| 2023 | $243,534 | $191,991 | $106,142 | $51,543 |
Compare LIFE CENTER FOR SPIRITUAL GROWTH with other nonprofits in Michigan and across the country.