OKLAHOMA CITY, OK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BREAKING CHAINS HONDURAS INC, founded in 2012, is a small nonprofit in the International Affairs sector that reported $527K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $613K exceeded revenue, resulting in a 16% operating deficit.
BREAKING CHAINS HONDURAS IS A NONPROFIT ESTABLISHED TO REACH OUT, THROUGH GRANTS AND OUTREACH, TO THOSE LIVING IN POVERTY IN THE CAPITAL CITY OF HONDURAS. THE ORGANIZATION'S MISSION IS TO SERVE AND SEE CHANGE FOR THOSE AFFECTED BY POVERTY IN TEGUCIGALPA BY MEETING BASIC NEEDS AND DEVELOPING HUMAN RELATIONSHIPS THAT ACT AS A GATEWAY TOWARD A RELATIONSHIP WITH CHRIST. BREAKING CHAINS SEEKS TO SERVE THROUGH STREET OUTREACH AND COMMUNITY BENEVOLENCE, EDUCATION AND VOCATION INITIATIVES, YOUNG ADULT MINISTRY AND VOLUNTEER OUTREACH.
STREET OUTREACH AND COMMUNITY BENEVOLENCE BREAKING CHAINS IS COMMITTED TO THE WORK OF SHOWING LOVE BY SERVING THOSE IN NEED VIA VARIOUS BENEVOLENCE INITIATIVES INCLUDING FOOD, HYGIENE, MEDICAL AND...
STREET OUTREACH AND COMMUNITY BENEVOLENCE BREAKING CHAINS IS COMMITTED TO THE WORK OF SHOWING LOVE BY SERVING THOSE IN NEED VIA VARIOUS BENEVOLENCE INITIATIVES INCLUDING FOOD, HYGIENE, MEDICAL AND LIVING EXPENSES SUPPORT. THE ORGANIZATION IS ALSO COMMITTED TO HEALING AND RESTORING COMMUNITIES THROUGH REDEMPTIVE RELATIONSHIPS WITH JESUS CHRIST. THIS IS EXHIBITED THROUGH THE SUPPORT OF CHURCH ACTIVITIES, STREET OUTREACH, VACATION BIBLE SCHOOLS AND OTHER COMMUNITY EFFORTS.
EDUCATION AND VOCATION INITIATIVE: EDUCATION IS A KEY ELEMENT TO BREAKING THE CYCLE OF POVERTY FOR FAMILIES. BREAKING CHAINS IS COMMITTED TO LIFTING FAMILIES UP ECONOMICALLY THROUGH PROVIDING ACCESS...
EDUCATION AND VOCATION INITIATIVE: EDUCATION IS A KEY ELEMENT TO BREAKING THE CYCLE OF POVERTY FOR FAMILIES. BREAKING CHAINS IS COMMITTED TO LIFTING FAMILIES UP ECONOMICALLY THROUGH PROVIDING ACCESS TO EDUCATION. THROUGH GRANTS, BREAKING CHAINS SPONSORS 30 CHILDREN FOR QUALITY EDUCATION OPPORTUNITIES THROUGH LOCAL, HONDURAN-RUN SCHOOLS. ADDITIONALLY, IT CONNECTS OTHER CHILDREN TO NECESSARY SCHOOL SUPPLY RESOURCES. IT ALSO GIVES SUPPORT TO THE EDUCATION AND VOCATION ENDEAVORS OF SOCIALLY AT-RISK YOUNG ADULTS LIVING IN DOWNTOWN TEGUCIGALPA VIA SCHOOL SPONSORSHIP, UNIVERSITY SPONSORSHIP, AND JOB RESOURCES.
YOUNG ADULT MINISTRY BREAKING CHAINS ALSO SUPPORTS THE CARE OF SOCIALLY AT-RISK YOUNG ADULTS IN PERIODS OF TRANSITION (TRYING TO GET OFF THE STREETS, HAVING AGED OUT OF CHILDREN'S HOME, SEEKING...
YOUNG ADULT MINISTRY BREAKING CHAINS ALSO SUPPORTS THE CARE OF SOCIALLY AT-RISK YOUNG ADULTS IN PERIODS OF TRANSITION (TRYING TO GET OFF THE STREETS, HAVING AGED OUT OF CHILDREN'S HOME, SEEKING RESPITE FROM POOR FAMILY SITUATIONS, ETC.). THE GOAL IS TO SUPPORT ACTIVITIES WHICH WILL LIFT UP THE YOUNG ADULTS SPIRITUALLY AS WELL AS HELP THEM MOVE FORWARD TO ACHIEVE THEIR GOALS (EDUCATION, JOB SUPPORT, ETC.). BREAKING CHAINS HELPS ENSURE THAT PHYSICAL NEEDS (FOOD, CLOTHING, MEDICAL AND MENTAL HEALTH CARE) ARE MET WHILE ALSO PROMOTING SPIRITUAL, SOCIAL AND EMOTIONAL DEVELOPMENT.
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 | $527,232 | $594,572 | -0.1% |
| Expenses | $613,051 | $495,032 | +0.2% |
| Net Income | $-85,819 | $99,540 | -1.9% |
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 |
|---|---|---|---|---|---|---|
| GARY NEAD | BOARD OF DIR | N/A |
Director
|
$0 | $0 | $0 |
| JAMIE RILEY | BOARD OF DIR | N/A |
Director
|
$0 | $0 | $0 |
| LANCE BENNETT | CO-TREASURER | N/A |
Officer
|
$0 | $0 | $0 |
| JEFF BROWN | PRESIDENT | N/A |
Officer
|
$0 | $0 | $0 |
| TERRY LEMMONS | SECRETARY | N/A |
Officer
|
$0 | $0 | $0 |
| SHAWN SCALF | CO-TREASURER | N/A |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $527,232 | $613,051 | $126,279 | $-85,819 |
| 2022 | $594,572 | $495,032 | $212,098 | $99,540 |
| 2021 | $426,187 | $456,407 | $112,558 | $-30,220 |
| 2020 | $453,473 | $419,853 | $142,778 | $33,620 |
Compare BREAKING CHAINS HONDURAS INC with other nonprofits in Oklahoma and across the country.