Centennial, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Prepare the Way Ministries, founded in 2006, is a micro nonprofit in the Religion sector that reported $95K in total revenue in fiscal year 2022. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $108K exceeded revenue, resulting in a 14% operating deficit.
The purpose of organization is to promote worldwide evangelism and to establish in the faith and knowledge of Jesus Christ through any and by all means available including but not limited to: Planting and maintence of churches, bible schools, colleges and K-12 schools.
Prepare the way supported and established houses of prayer in Colorado and surrounding states. It also provided necessary sound equipment. We worked with regional churches to coordinate and help run...
Prepare the way supported and established houses of prayer in Colorado and surrounding states. It also provided necessary sound equipment. We worked with regional churches to coordinate and help run state wide prayer initiatives impacting hundreds of people and helping them draw closer to the Lord. We have also helped with leadership development for pastors and leaders in the metro Denver area.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $94,661 | $119,872 | -0.2% |
| Expenses | $107,873 | $113,089 | 0.0% |
| Net Income | $-13,212 | $6,783 | -2.9% |
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 |
|---|---|---|---|---|---|---|
| Daniel Yeackley | President | 40.00 |
Officer
Director
|
$30,000 | $57,070 | $87,070 |
| Jennie Yeackley | Vice President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nick Dafni | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Joseph Thompson | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $94,661 | $107,873 | $1,360 | $-13,212 |
| 2021 | $119,872 | $113,089 | $14,072 | $6,783 |
| 2020 | $120,290 | $116,297 | $7,289 | $3,993 |
| 2019 | $90,151 | $89,981 | No data | $170 |
| 2018 | $100,182 | $111,842 | $13,127 | $-11,660 |
Compare Prepare the Way Ministries with other nonprofits in Colorado and across the country.