Parsippany, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Cheerful Heart Mission Inc, founded in 2014, is a small nonprofit in the Health Care sector that reported $214K in total revenue in fiscal year 2018. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $256K exceeded revenue, resulting in a 19% operating deficit.
A CHRISTIAN HUMANITARIAN ORGANIZATION DEDICATED TO IMPROVING THE LIVES OF THE UNDERPRIVILEGED LIVING IN THE IMPOVERISHED BORDER REGION OF THE DOMINICAN REPUBLIC AND HAITI BY FUNDING AND MANAGING PROGRAMS FOCUSED ON HEALTH, EDUCATION, AND ECONOMIC DEVELOPMENT.
Program: Education The Mission supports educational activities with books, school supplies, and teacher support. IN JANUARY 2018, THE MISSION CONDUCTED TWO MUSIC EDUCATION SCHOOLS. THESE SCHOOLS...
Program: Education The Mission supports educational activities with books, school supplies, and teacher support. IN JANUARY 2018, THE MISSION CONDUCTED TWO MUSIC EDUCATION SCHOOLS. THESE SCHOOLS PROVIDED BASIC MUSIC EDUCATION TO 100 CHILDREN IN LOMA DE CABRERA, THE DOMINICAN REPUBLIC AND 100 IN TILORI, HAITI. IN ADDITION, APPROXIMATELY 200 CHILDREN WERE PROVIDED GENERAL EDUCATION SUPPORT IN THE LOCAL SCHOOLS. A CONTINUING, WEEKLY EDUCATION PROGRAM WAS ESTABLISHED IN LOMA DE CABRERA IN 2016.
Program: Health / Sanitation / Latrines The Mission's goal is to build a latrine for every home in the impoverished village of Lamielle, Haiti. Because there is no sanitation in the village, disease...
Program: Health / Sanitation / Latrines The Mission's goal is to build a latrine for every home in the impoverished village of Lamielle, Haiti. Because there is no sanitation in the village, disease is a significant public health problem. BY THE FIRST QUARTER OF 2021, THE MISSION WILL CONSTRUCT A TOTAL OF 850 LATRINES.
Program: Health / Dental The Mission provides free dental care to children and adults in need. Our clinics in the DR and Haiti provided dental treatment FOR 1,200 PATIENTS IN 2018.
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)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $214,248 | $329,356 | -0.3% |
| Expenses | $255,518 | $445,037 | -0.4% |
| Net Income | $-41,270 | $-115,681 | -0.6% |
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 |
|---|---|---|---|---|---|---|
| John H Cornwell | Chairman,President, Trustee | 20.0 |
Officer
Director
|
$0 | $0 | $0 |
| Carol D Cornwell | VP,Secretary, Trustee | 14.0 |
Officer
Director
|
$0 | $0 | $0 |
| J Stephen Cornwell | Treasurer, Trustee | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Leah K C Raymond | Trustee | 1.0 |
Director
|
$0 | $0 | $0 |
| Pamela L Alberto DMD | Trustee | 4.0 |
Director
|
$0 | $0 | $0 |
| Janet P Tracy RN PhD | Trustee | 5.0 |
Director
|
$0 | $0 | $0 |
| Arthur L Sheppell MD | Trustee | 4.0 |
Director
|
$0 | $0 | $0 |
| Greg J Wroclawski MEEE | Trustee | 5.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $214,248 | $255,518 | $39,659 | $-41,270 |
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