Demotte, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Divine Hope Reformed Bible Seminary, founded in 2011, is a small nonprofit in the Religion sector that reported $524K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Net assets of $1.3M represent 31 months of operating reserves.
Divine Hope Reformed Bible Seminary exists to provide Biblical and theological instruction to the residents of correctional institutions. The goal of this rigorous program of Biblical and theological studies is the moral transformation of residents in correctional institutions so that they can live in hope and joy and be a blessing to their families, churches and communities. Divine Hope?s aim is to foster humility and holiness in its students. Divine Hope Reformed Bible Seminary seeks to nurture incarcerated men and women who can be examples of moral transformation and who are peacemakers in their prison communities and beyond.
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 | $524,257 | $556,411 | -0.1% |
| Expenses | $526,669 | $511,188 | +0.0% |
| Net Income | $-2,412 | $45,223 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| Tom Zandstra | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| James Casey | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Daniel Kramer | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Bruce Aardsma | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Larry Hollaar | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Daniel Nicholson | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Douglas Carr | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Jacob Woldhuis | Fmr Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Kramer | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Brian Sluiter | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kenneth Wierenga | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Jeff DeBoer | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $524,257 | $526,669 | $1,351,881 | $-2,412 |
| 2023 | $556,411 | $511,188 | $1,191,700 | $45,223 |
| 2022 | $531,410 | $493,776 | $1,000,679 | $37,634 |
| 2021 | $485,877 | $390,232 | $968,803 | $95,645 |
| 2020 | $888,869 | $375,109 | $855,020 | $513,760 |
| 2019 | $463,909 | $393,219 | $330,743 | $70,690 |
| 2018 | $382,113 | $387,585 | $259,970 | $-5,472 |
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