LOUISVILLE, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOPE ALIVE INITIATIVES, founded in 2010, is a small nonprofit in the Religion sector that reported $383K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $439K exceeded revenue, resulting in a 15% operating deficit.
TO EMPOWER CHURCHES WITHIN POOR AND VULNERABLE REGIONS OF AFRICA THROUGH MEDICAL OUTREACH AND THE TRAINING OF LEADERS AND DISCIPPLE.
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 | $383,197 | $339,454 | +0.1% |
| Expenses | $438,932 | $253,526 | +0.7% |
| Net Income | $-55,735 | $85,928 | -1.6% |
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 |
|---|---|---|---|---|---|---|
| FRANCIS BUKACHI | SECRETARY | N/A |
Director
|
$0 | $0 | $0 |
| CLAY HUME | TREASURER | N/A |
Director
|
$0 | $0 | $0 |
| ERIC SCHANSBERG | PRESIDENT | N/A |
Director
|
$0 | $0 | $0 |
| BLAKE SHIVELY | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| BOWIN TICHENOR | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| CHARLIE VITTITOW | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $383,197 | $438,932 | $40,313 | $-55,735 |
| 2024 | $339,454 | $253,526 | $99,224 | $85,928 |
| 2023 | $539,749 | $507,034 | $15,932 | $32,715 |
| 2022 | $368,153 | $287,106 | $196,278 | $81,047 |
| 2021 | $267,804 | $258,035 | $71,098 | $9,769 |
Compare HOPE ALIVE INITIATIVES with other nonprofits in Kentucky and across the country.