Plainwell, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RBM Ministries Inc, founded in 1944, is a small nonprofit that reported $970K in total revenue in fiscal year 2023. Expenses of $1.1M exceeded revenue, resulting in a 12% operating deficit.
RBM Ministries is a faith-based ministry committed to assisting Bible believing churches in the Great Lakes region to reach children with the Gospel of Jesus Christ and to see those children and their families discipled and established in the local church.
RBM ministers to the spiritual needs of people, working in cooperation with established fundamental churches; they have a focus on reaching children with the good news of Jesus Christ. RBM holds...
RBM ministers to the spiritual needs of people, working in cooperation with established fundamental churches; they have a focus on reaching children with the good news of Jesus Christ. RBM holds Bible classes for students who take advantage of release time from school for religious instruction. RBM also holds summer vacation Bible schools for Bible study and training in Christian living. In 2023, about 6,000 children in the Great Lakes region were served. Follow-up programs provide individuals with spiritual encouragment and materials for growth.
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 | $970,084 | $906,567 | +0.1% |
| Expenses | $1,084,199 | $1,084,727 | 0.0% |
| Net Income | $-114,115 | $-178,160 | -0.4% |
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 |
|---|---|---|---|---|---|---|
| Scott Gilbertson | Executive Director | 40.00 |
Officer
Director
|
$73,832 | $0 | $73,832 |
| Bill White | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dennis Ross | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeffrey Waltermire | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Bob Barnes | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Larry Rolston | Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dana Hodges | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Terry Schrock | Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $970,084 | $1,084,199 | $1,384,643 | $-114,115 |
| 2022 | $906,567 | $1,084,727 | $1,439,755 | $-178,160 |
| 2021 | $1,343,643 | $1,175,738 | $1,840,549 | $167,905 |
| 2020 | $1,123,728 | $1,157,392 | $1,810,399 | $-33,664 |
| 2019 | $1,143,614 | $1,264,514 | $1,561,588 | $-120,900 |
| 2018 | $1,213,743 | $1,098,237 | $1,534,041 | $115,506 |
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