Colorado Springs, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Friends of Agape, founded in 2013, is a community nonprofit in the Religion sector that reported $6.9M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $8.4M exceeded revenue, resulting in a 21% operating deficit.
Friends of Agape exists to help fulfill Jesus' Great Commission globally by helping to strengthen churches and by practicing Jesus' Great Commandment through acts of love and mercy.
Engaging the Scripture-less, assisting church networks to apply accelerated models of Bible translation and distribution in print, audio, and video formats.
Strengthening Churches to be biblically grounded and committed to Jesus' Great Commandment and Great Commission.
Equipping Leaders through annual biblical and management training.
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 | $6,905,505 | $8,493,848 | -0.2% |
| Expenses | $8,375,037 | $8,758,874 | 0.0% |
| Net Income | $-1,469,532 | $-265,026 | +4.5% |
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 |
|---|---|---|---|---|---|---|
| Harold Overstreet | Board Chairman | 3.0 |
Officer
Director
|
$0 | $0 | $0 |
| Ryan Koeniger | Board Secretary | 3.0 |
Officer
Director
|
$0 | $0 | $0 |
| Jennifer Coghlan | Board Member | 3.0 |
Director
|
$0 | $0 | $0 |
| Ken Axt | Board Member | 3.0 |
Director
|
$0 | $0 | $0 |
| Name Withheld for Security Concerns | Board Member | 3.0 |
Director
|
$0 | $0 | $0 |
| Rosamma Finney | Board Member | 3.0 |
Director
|
$0 | $0 | $0 |
| Ryan Paterson | Board Member (Part Year) | 3.0 |
Director
|
$0 | $0 | $0 |
| Bob Dinolfo | Treasurer | 3.0 |
Officer
|
$0 | $0 | $0 |
| Stephen Hoffman | Executive Director | 25.0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $6,905,505 | $8,375,037 | $6,436,828 | $-1,469,532 |
| 2024 | $8,493,848 | $8,758,874 | $6,288,568 | $-265,026 |
| 2023 | $9,731,898 | $7,378,049 | $6,541,023 | $2,353,849 |
| 2022 | $6,519,615 | $4,628,849 | $4,196,247 | $1,890,766 |
| 2021 | $4,621,493 | $3,548,651 | $2,749,231 | $1,072,842 |
| 2020 | $3,479,401 | $2,945,373 | $1,233,149 | $534,028 |
| 2019 | $2,367,356 | $1,983,955 | $671,625 | $383,401 |
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