MIDLAND, TX
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)LUKE 22 32 MINISTRIES AT TRUELITE, founded in 2021, is a small nonprofit in the Religion sector that reported $682K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $470K, a strong 69% operating margin.
We have TWO thriving programs making a difference in the lives of those we are partnering with. Our Homeschool Program provides support services to all of our homeschool families. The families are able to utilize our facility to homeschool their own children, as well as our full curriculum at their disposal. We provide this all at no charge to the families. We currently have 34 families who use our facility daily & curriculum to homeschool their children. Our College Prep Program is geared towards providing students 7th - incoming freshmen the tools to understand their options for college. We assign a mentor to the students involved and also help with volunteering opportunities, grades, classes, scholarships, financial aid applications and essay assistance, with the end goal to guide the student and parents to a debt-free college journey provided by their hard work and tenacity. We also work with college students to help guide them and provide scholarship support to make their college
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $682,219 | $397,377 | +0.7% |
| Expenses | $211,899 | $351,907 | -0.4% |
| Net Income | $470,320 | $45,470 | +9.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DIANA CALHOUN | Executive Dir. | 40.00 |
Officer
|
$70,000 | $0 | $70,000 |
| MICHAEL SANCHEZ | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GREGORY WILLIAMS | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| LORENA GUTIERREZ | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BENJAMIN ROBERTS | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAYON CALHOUN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| TONY MITCHELL | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBRA HUFF | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| CARLA SMITH | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROY SMITH | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $682,219 | $211,899 | $635,418 | $470,320 |
| 2023 | $397,377 | $351,907 | $165,098 | $45,470 |
Compare LUKE 22 32 MINISTRIES AT TRUELITE with other nonprofits in Texas and across the country.