Redwood City, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Streetlife Ministries, founded in 2011, is a small nonprofit in the Religion sector that reported $672K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 60% operating deficit.
STREET LIFE MINISTRIES ORGANIZES LOCAL CHURCHES, CIVIC GROUPS, PRIVATE INDIVIDUALS AND OTHER INTERESTED PARTIES TO SERVE THE LOCAL HOMELESS AND IMPOVERISHED POPULATION BY PROVIDING MEALS AND AD HOC COUNSELING TO URGE THEM TOWARD RESOURCES FOR REHABILITATION.
SERVED MORE THAN 45,000PLATES OF FOOD, COLLECTED AND DISTRIBUTED APPROXIMATELY 16,000 PIECES OF CLOTHING, BLANKETS AND SLEEPING BAGS. DISTRIBUTED 2,600 HYGIENE KITS. TRANSITIONED 38 PEOPLE INTO...
SERVED MORE THAN 45,000PLATES OF FOOD, COLLECTED AND DISTRIBUTED APPROXIMATELY 16,000 PIECES OF CLOTHING, BLANKETS AND SLEEPING BAGS. DISTRIBUTED 2,600 HYGIENE KITS. TRANSITIONED 38 PEOPLE INTO RECOVERY SHELTER OR HOUSING, AND OTHERS ADMITTED INTO DETOX CENTERS. ALL THIS WAS CARRIED OUT BY ENGAGING AND INVOLVING A GROWING CIRCLE OF VOLUNTEERS FROM NON-PROFIT GROUPS, FAITH GROUPS AND CONCERNED INDIVIDUALS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $672,208 | $744,014 | -0.1% |
| Expenses | $1,073,162 | $953,065 | +0.1% |
| Net Income | $-400,954 | $-209,051 | +0.9% |
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 |
|---|---|---|---|---|---|---|
| David Shearin | Executive Dir. | 40.00 |
Officer
Director
|
$83,713 | $0 | $83,713 |
| Rick Carbonneau | Chairman | 5.00 |
Director
|
$0 | $0 | $0 |
| Craig Forbes | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ernie Morales | Secretary | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $672,208 | $1,073,162 | $2,691,280 | $-400,954 |
| 2023 | $744,014 | $953,065 | $2,953,723 | $-209,051 |
| 2022 | $1,741,399 | $911,491 | $2,267,924 | $829,908 |
| 2019 | $622,751 | $494,378 | $348,111 | $128,373 |
| 2018 | $305,439 | $257,880 | $215,280 | $47,559 |
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