Dover Plains, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)World Olivet Assembly, founded in 2012, is a mid-sized nonprofit in the Religion sector that reported $14.0M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $12.3M left a modest 12% surplus.
World Olivet Assemblys mission is to proclaim Gods Word, to help others come to faith in Jesus Christ, and to seek fulfillment of the Great Commission that the Lord has entrusted to all believers.
Global Church Planting and Mission Support During the fiscal year, World Olivet Assembly expanded its support of churches, mission centers, and ministry organizations throughout Asia, Europe, Africa...
Global Church Planting and Mission Support During the fiscal year, World Olivet Assembly expanded its support of churches, mission centers, and ministry organizations throughout Asia, Europe, Africa, the Caribbean, and South America. Financial assistance was provided to establish and strengthen local congregations, support evangelistic outreach, develop ministry leadership, and advance Christian mission activities in underserved regions.. Significant support was directed toward church development initiatives in Colombia, Zambia, France, Japan, and other international locations, contributing to the growth and sustainability of Christian communities worldwide.
International Ministry Partnerships and Community Development World Olivet Assembly provided grants and program support to affiliated organizations engaged in community outreach, humanitarian...
International Ministry Partnerships and Community Development World Olivet Assembly provided grants and program support to affiliated organizations engaged in community outreach, humanitarian service, family ministries, youth programs, and Christian education. Through strategic partnerships with churches and ministry centers across multiple continents, the organization helped facilitate programs that addressed spiritual, educational, and social needs within local communities. These efforts strengthened organizational capacity among partner ministries and promoted long-term community development consistent with the organizations religious and charitable mission.
Leadership Development, Education, and Training Initiatives The organization continued to invest in leadership training, educational programs, and ministry development initiatives designed to equip...
Leadership Development, Education, and Training Initiatives The organization continued to invest in leadership training, educational programs, and ministry development initiatives designed to equip current and future Christian leaders. Support was provided for theological education, vocational training, ministry conferences, and specialized educational programs through partner institutions and ministry organizations. These initiatives fostered spiritual growth, leadership excellence, and organizational effectiveness while helping expand the reach and impact of Christian ministry activities around the world.
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 | $14,012,190 | $15,930,273 | -0.1% |
| Expenses | $12,324,373 | $18,061,415 | -0.3% |
| Net Income | $1,687,817 | $-2,131,142 | -1.8% |
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 |
|---|---|---|---|---|---|---|
| Marian Spisak | Chairman | 040.00 |
Officer
|
$53,942 | $0 | $53,942 |
| Chunmei Fu | Associate Pastor | 040.00 |
Officer
|
$30,000 | $0 | $30,000 |
| David Chang | President | 010.00 |
Officer
|
$19,600 | $0 | $19,600 |
| Alma Osorio | Trustee | 001.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $14,012,190 | $12,324,373 | $89,795,059 | $1,687,817 |
| 2023 | $17,208,664 | $14,511,839 | $91,611,996 | $2,696,825 |
| 2022 | $20,041,957 | $19,890,260 | $85,253,007 | $151,697 |
| 2021 | $19,940,573 | $14,398,475 | $79,385,936 | $5,542,098 |
| 2020 | $17,699,333 | $13,591,850 | $64,566,989 | $4,107,483 |
| 2019 | $16,262,364 | $11,180,459 | $51,135,067 | $5,081,905 |
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