HUMBLE, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OAKS OF RIGHTEOUSNESS, founded in 2012, is a small nonprofit in the Crime & Legal sector that reported $241K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $222K left a modest 8% surplus.
Oaks of Righteousness provides a faith-based recovery program to female ex-offenders who desire to change their lives and become productive members of society. It is a structured Christ centered 9-24 month program where the women live as a community in a home environment. New residents are provided clothes shoes and hygiene and given assistance with ID and other needed documents. The program includes church bible studies 12 step program counseling anger management relapse prevention life skills boundaries exercise community service and G.E.D tutoring as needed. After the 5th month residents attend a job readiness program. Once employment is achieved residents move on to Phase 2 which includes one on one work with a budget and credit repair counselor. Women who successfully complete Phases 1 and 2 may move to Phase 3 to continue their education and skills training. The Oaks of Righteousness employees 2 full-time staff and contracts with a licensed counselor.
During 2023 the Oaks Phase 1 house provided services to 9 new women. Three women completed the program and graduated and were employed at the time of graduation. Four of the 9 ladies continued in the...
During 2023 the Oaks Phase 1 house provided services to 9 new women. Three women completed the program and graduated and were employed at the time of graduation. Four of the 9 ladies continued in the ministry to complete the program and all have become employed.
During 2023 the graduate house was restructured to Phase 2 of the program. The women now move to Phase 2 once they have become employed and begin working with a budget and credit repair counselor to...
During 2023 the graduate house was restructured to Phase 2 of the program. The women now move to Phase 2 once they have become employed and begin working with a budget and credit repair counselor to identify and reach financial goals. Six ladies successfully completed Phase 1 house and transitioned to the Phase 2 house Pearce House during 2023
In August 2023 the Phase 3 house was opened to provide affordable housing and support to women who successfully complete Phases 1 and 2 of the program and choose to continue their education or skills...
In August 2023 the Phase 3 house was opened to provide affordable housing and support to women who successfully complete Phases 1 and 2 of the program and choose to continue their education or skills training. Four women successfully transitioned to Phase 3 in 2023.
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 | $240,959 | $164,452 | +0.5% |
| Expenses | $222,068 | $133,626 | +0.7% |
| Net Income | $18,891 | $30,826 | -0.4% |
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 |
|---|---|---|---|---|---|---|
| Steve Reeves | President Director | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Terry Amos | Secretary Director | 1.00 |
Officer
Director
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$0 | $0 | $0 |
| Jodie Felder | Treasurer Director | 20.00 |
Officer
Director
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$0 | $0 | $0 |
| Elvia Powell | Vice President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Beth Whittier | Director | 2.00 |
Director
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$0 | $0 | $0 |
| Karen Russell | Director | 5.00 |
Director
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$0 | $0 | $0 |
| Denise Smoot | Director | 1.50 |
Director
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$0 | $0 | $0 |
| Brian Powell | Director | 2.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $240,959 | $222,068 | $628,981 | $18,891 |
| 2022 | $164,452 | $133,626 | $609,845 | $30,826 |
| 2021 | $219,435 | $84,465 | $579,287 | $134,970 |
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