CRESTVIEW, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TRIPLE R MINISTRIES INC, founded in 2013, is a micro nonprofit in the Religion sector that reported $48K in total revenue in fiscal year 2023. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $74K exceeded revenue, resulting in a 54% operating deficit.
TRIPLE R MINISTRIES, SHALL BE A FAITH-BASED NON-PROFIT ORGANIZATION, EXISTING TO PROVIDE AT-RISK, IN-NEED AND ABANDONED CHILDREN FROM BIRTH TO 19, AND A TRANSITIONAL OPTION FOR YOUNG ADULTS 19-25, A STRUCTURED AND SECURE PLACE OF REFUGE TO GROW IN CHARACTER, DISCIPLINE, WORK ETHIC AND SPIRITUAL MATURITY. TRIPLE R MINISTRIES PURPOSE IS TO USE LOVING HOME ENVIRONMENTS, STRUCTURED LIVING AND DAILY BIBLICAL STUDIES, DISCIPLINED STEWARDSHIP OF LAND AND ANIMALS THAT GOD HAS PROVIDED, AND INDIVIDUAL RESPONSIBILITIES TO BUILD GODLY CHARACTER. THE CHILDREN'S HOME WILL PROVIDE A LOVING HOME ENVIRONMENT TEACHING, DIRECTING AND CARING FOR CHILDREN WITH THE FOCUS OF THE STATEMENT OF FAITH AND FOLLOWING THE PRINCIPLES ESTABLISHED HEREIN. THE CHILDREN'S HOME PURPOSE IS TO UTILIZE THE RANCH SETTING WHENEVER AVAILABLE TO FURTHER TRAIN AND DISCIPLE THE CHILDREN USING THE ANIMALS AND RANCH RESPONSIBILITIES BOTH AS MOTIVATION AND AS A WAY OF BUILDING CHARACTER, SELF ESTEEM, AND GODLY STEWARDSHIP. IT IS HO
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 | $48,394 | $153,607 | -0.7% |
| Expenses | $74,415 | $96,105 | -0.2% |
| Net Income | $-26,021 | $57,502 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| PAUL MIXON | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| KRISTEN ELLIS | CFO | N/A |
Officer
Director
|
$0 | $0 | $0 |
| MARK WELTON | CEO | N/A |
Officer
Director
|
$0 | $0 | $0 |
| PRESTON BRETT HOUSE | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $48,394 | $74,415 | $1,149,955 | $-26,021 |
| 2022 | $153,607 | $96,105 | $1,197,404 | $57,502 |
| 2021 | $222,172 | $118,292 | $1,154,607 | $103,880 |
| 2020 | $26,722 | $64,998 | $1,087,552 | $-38,276 |
| 2019 | $179,239 | $57,127 | $1,025,653 | $122,112 |
| 2018 | $-120,411 | $7,236 | $873,542 | $-127,647 |
| 2017 | No data | No data | $1,001,189 | No data |
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