Ann Arbor, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Ave Maria Communications, founded in 1995, is a community nonprofit in the Religion sector that reported $2.0M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $2.4M exceeded revenue, resulting in a 21% operating deficit.
Ave Maria Communications employs radio, internet and other media to offer news, analysis, teaching, devotions and music to demonstrate the good news that Jesus is Lord over all areas of life. Through these means and activities we show that the teaching of Christ, through His Church offers a rational view of the world, a deep sense of spirituality, a firm family life, enhanced human relationships, and the creation of a culture of life and love.
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 | $1,986,065 | $2,094,157 | -0.1% |
| Expenses | $2,395,598 | $2,177,362 | +0.1% |
| Net Income | $-409,533 | $-83,205 | +3.9% |
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 |
|---|---|---|---|---|---|---|
| Al Kresta | President/CEO/Director | 40.00 |
Officer
Director
|
$139,748 | $29,107 | $168,855 |
| Michael Jones | Vice Pres/Gen Mgr/Director | 40.00 |
Officer
Director
|
$111,176 | $22,686 | $133,862 |
| Gordon Leipold | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Paul Fransway | Director/Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Stephen Ray | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sheila Patton | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Doug Keck | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Eugene Leger | Advertising Sales Manager | 40.00 |
Highest
|
$126,036 | $28,587 | $154,623 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,986,065 | $2,395,598 | $1,539,851 | $-409,533 |
| 2022 | $2,094,157 | $2,177,362 | $2,071,784 | $-83,205 |
| 2021 | $2,682,742 | $2,276,356 | $1,086,380 | $406,386 |
| 2020 | $2,093,623 | $2,102,543 | $755,571 | $-8,920 |
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