ANACORTES, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LIGHT BRIGADE MINISTRIES, founded in 2014, is a micro nonprofit in the Religion sector that reported $9K in total revenue in fiscal year 2024. Expenses of $98K exceeded revenue, resulting in a 1029% operating deficit.
LIGHT BRIGADE MINISTRIES SEEKS GOD'S GUIDANCE FOR PRAYER OVER PEOPLE, PLACES AND THINGS. WE WORSHIP GOD, TEACH AND RECEIVE TEACHING AND WE PRAY. WE HOLD INDIVIDUAL PRAYER APPOINTMENTS FOR THOSE REQUESTING HEALING. WE TRAVEL AS DIRECTED BY GOD TO PRAY HEALING OVER SPECIFIC REGIONS, TO TEACH AND TRAIN OTHERS, TO RECEIVE FURTHER TRAINING AND TO PARTICIPATE IN WORSHIP SERVICES OR OTHER ACTIVITIES RELATED TO OUR FUNCTION AS WE HAVE SEEN AN INCREASED NEED FOR HEALING AND FOR TRAINING PEOPLE IN PRAYER.
BENEVOLENCE NEEDS: WHEN A BENEVOLENCE NEED FROM EITHER A PERSON OR ORGANIZATION IS BROUGHT TO THE ATTENTION OF ONE OR MORE OF THE BOARD MEMBERS, THE NEED IS DISCUSSED AMONG THE BOARD EITHER BY PHONE...
BENEVOLENCE NEEDS: WHEN A BENEVOLENCE NEED FROM EITHER A PERSON OR ORGANIZATION IS BROUGHT TO THE ATTENTION OF ONE OR MORE OF THE BOARD MEMBERS, THE NEED IS DISCUSSED AMONG THE BOARD EITHER BY PHONE, EMAIL OR IN A MEETING. THE BOARD MEMBERS THEN EACH PRAY ABOUT THE NEED AND RECEIVE DIRECTION AS TO WHETHER TO ACCEPT THE NEED OR NOT, AND IF HEARING 'YES' THEN PRAY AS TO THE AMOUNT TO BE GIVEN. AFTER ALL HAVE DONE SO, THE BOARD THEN DISCUSSES AND AGREES UPON THE AMOUNT. THE APPROVAL OF THREE OUT OF FIVE BOARD MEMBERS IS REQUIRED FOR THIS ACTION TO TAKE PLACE. A CHECK IS THEN WRITTEN AND SENT OR HAND DELIVERED TO THE RECIPIENT.
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 | $8,654 | $8,814 | 0.0% |
| Expenses | $97,669 | $102,361 | 0.0% |
| Net Income | $-89,015 | $-93,547 | 0.0% |
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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 |
|---|---|---|---|---|---|---|
| CHRIS MAGNESS | VP/TREASURER | 20.00 |
Officer
Director
|
$6,000 | $0 | $6,000 |
| DONALD MAGNESS | PRESIDENT | 20.00 |
Officer
Director
|
$6,000 | $0 | $6,000 |
| BARBARA URBACH | SECRETARY | 5.00 |
Officer
Director
|
$2,700 | $0 | $2,700 |
| ELSIE SNOW | BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $8,654 | $97,669 | $1,597,315 | $-89,015 |
| 2023 | $8,814 | $102,361 | $1,686,279 | $-93,547 |
| 2022 | $13,629 | $117,298 | $1,779,826 | $-103,669 |
| 2021 | $1,514,365 | $100,573 | $1,883,495 | $1,413,792 |
| 2020 | $17,350 | $21,912 | $469,383 | $-4,562 |
| 2019 | $22,914 | $32,713 | $473,945 | $-9,799 |
| 2018 | $518,736 | $48,022 | $484,686 | $470,714 |
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