McKinney, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Psalm68Five Ministries, founded in 2015, is a small nonprofit in the Religion sector that reported $319K in total revenue in fiscal year 2024. Expenses of $284K left a modest 11% surplus.
In partnership with selected best-practice, faith-based camps, Psalm68five serves fatherless children as it recruits summer campers and volunteers, develops and provides exemplary, trauma-informed resources, and covers the cost of attendance and program materials for fatherless children. Partner camps truly join Psalm68five in its mission to serve fatherless children. Each one commits to raising its own scholarship funding for fatherless children in an increasing amount each year - annually diminishing Psalm68five's sponsoring of fatherless camps - until it is fully funding its own significant camp ministry to the fatherless and utilizing Psalm68five program resources, volunteers, training, and materials.
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 | $318,736 | N/A | N/A |
| Expenses | $283,885 | N/A | N/A |
| Net Income | $34,851 | N/A | N/A |
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 |
|---|---|---|---|---|---|---|
| Bryan C Johnson | President | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rebecca E Johnson | Secretary | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| Steve Foster | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Bill Hopkins | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Janet Hopkins | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Bruce Johnson | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Colleen Nunn | Director | 8.00 |
Director
|
$0 | $0 | $0 |
| Kent Nunn | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Matt Raines | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Maggie Raines | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $318,736 | $283,885 | $146,403 | $34,851 |
| 2022 | $286,549 | $302,611 | $242,648 | $-16,062 |
| 2021 | $237,417 | $107,120 | $258,710 | $130,297 |
Compare Psalm68Five Ministries with other nonprofits in Texas and across the country.